Development and real estate activity in Grand Cayman is booming. If there was ever an opportunity to make a sound investment in our real estate market, this is the time. Almost anywhere you invest, now, should reap double digit returns on investment over the next five years or longer. However, there are some better locations and opportunities, based on where the demand and development will be focused.

You need to look at our market, identify the trends, and focus on areas where demand is increasing and the infrastructure is improving. In some cases, this is easy to see. Yet, there are other areas where activity and future potential is not so obvious. In these instances, yields will be greater due to the starting price point being lower.

The area of the greatest returns, bar none, will be the Seven Mile Beach corridor. This is the money strip for all of the Cayman Islands. Government gets the greatest return from Stamp Duty on real estate sales, customs duty on imported building supplies and food items, accommodation tax from tourist rentals, work permit fees from all the hospitality and construction staff working in this area, etc., etc., etc. Bottom line, this is the golden strip for government and the private industry. Period.