Grand Cayman draws many foreign investors looking for property. Real estate has historically been one of the best potential holdings for retirement, and Grand Cayman real estate has proven to hold its value during the most recent recession. Renewed interest in the island is driving sales of existing homes, but residential real estate in Grand Cayman is not the only option for investment. Commercial Outlooks The Cayman Islands thrive when the international financial community is doing well. Now that the world is collectively looking at better financial prospects, greater numbers of buyers are seeking long-term holdings that they can add to their portfolios. Many of those buyers are driving up the cost of residential properties as their demand exceeds the available supply. That’s left considerable room for opportunity in Cayman…

Written by: REMAX.ky 2014 saw an explosion in condo sales as investors from overseas flocked to the Cayman Islands. Grand Cayman also saw a surge of new developments along Seven Mile Beach, making an already vibrant area even livelier. The Islands are experiencing record growth in more ways than one, and there are still opportunities to gain value from Cayman luxury property. Costs Because of the demand, the value of condos has soared while the size of condos has stayed within the same basic constraints. New construction of single family homes has resulted in new and attractive models at the $3-5 million price range, making home ownership a lot more attractive to a wider range of people at different income levels. Efficient New Homes Unlike condos in Cayman Islands, homes…

The 50 or so Dreamliner aircrafts that went into operation starting in the fall of 2011 have been grounded recently by the Federal Aviation Administration (FAA) pending an investigation into recent problems of cabin fires mainly due to its new lithium-ion battery failures in the past few weeks. Boeing elected to use lithium-ion batteries due to its energy hold capacity and quick recharge capability. Two of All Nippon Airways planes caught fire initiating concern over the plane’s electrical system. Industry experts says that problems with new airplanes nothing new to the industry. Each of the 787 Dreamliner cost about $200 million. The much delayed roll out of Boeing 787 Dreamliner was expected to revolutionize the air travel providing travel comfort due to its new interior design, fuel efficiency using 20…