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Tag Archive: Little Cayman

Dart Buys Little Cayman Forest

Dart, one of the biggest developers in the Caribbean, has had a busy couple of years in the Cayman Islands, buying up land, beachfront, roads, hotels and restaurants on Grand Cayman. Now they have turned their attention on to the Sister Islands.

Most recently a large piece of forestland on the Little Cayman was bought back in March. Whereas on Grand Cayman the idea was to develop, the idea for Little Cayman is to preserve – for now.

The new purchase on Little Cayman will be held undeveloped for conservation with the possibility of creating a public hiking trail.

Previously Dart has bought hundreds of thousands of acres in remote areas around the globe for conservation, in Patagonia, Australia, New Zealand, U.S., Mexico, Jamaica, Canada and now Little Cayman. (more…)

July 15, 2016 Blog, Read more >

Dart Buys in Little Cayman

Dart Group continued with there busy year and confirm it will buy Paradise Villas resort and Hungry Iguana restaurant on Little Cayman.

This will be Dart’s first project on the Sister Islands, and they have reassured people that it will keep in the style of the island.

“We share the widely held view that Little Cayman’s charm comes from its quaintness and unspoiled nature. We intend to help preserve that character for this and future generations,” said Mark VanDevelde, chief executive officer of Dart Realty.

Paradise Villas is the only 100% Oceanfront Resort on Little Cayman, and a popular accommodation spot for dive tourists exploring the islands Bloody Bay Marine Park. The villas are also part of TripAdvisor’s Hall of Fame for obtaining Certificate of Excellence for 5 years in a row.

The Hungry Iguana bar and restaurant is one of only a few nightsports on the island and serves as a de facto airport departure and arrival lounge. The ‘Iggy’ also has the only true waterfront dining on the Island. (more…)

June 8, 2016 Blog, , , , Read more >

Successfully Buy Investments Abroad

To successfully buy residential property investments abroad depends on understanding local and external forces. Population, affluence and supply of land and housing will all greatly affect house price growth in excess of general inflation. Without all of these variables the housing market can stall or even send values downward.

Savills have recently published ‘World Residential Markets – Performance and Prospects‘, a report that identities what strategies international investors should look to adopt to take advantage of the way the world economy is heading.

The research looks mostly at the rise of secondary properties, growth of second-tier cities and the rise of international resorts.

‘Safe havens’ like London, New York, Hong Kong and Singapore have been and look likely to remain sound investments. The key to overseas investment is finding the higher yielding, lower-price purchases with higher capital growth potential.

One part of the world the report singled out was the Caribbean, and in particular, the Cayman Islands. Tourism is all important to the Caribbean, but Cayman like the British Virgin Islands benefits from a more diverse economy with more than half its GDP generated by the financial services sector. This attracts residents relocating from overseas businesses which in turn supports a prime residential market for long-term residents through high paid jobs. (more…)

September 29, 2015 Blog, , , , , , , , , , , , , , , , , , , , , Read more >