Moving to the Cayman Islands
If you’ve been looking at moving to the Cayman Islands, we’ve got good news: our Williams² team is here to help. When it comes to your next move, having a reliable real estate agency on your side can make all the difference.
Regardless if you’re a first-timer or a seasoned mover, it’s easy to get lost in the details. But what if we told you that our services could help eliminate the stress and make moving day a breeze? Our team understands the real estate system and can easily lead you through it, whether buying or selling.
The Cayman Islands has a unique Real Estate system that follows the Multiple Listing System (MLS), administered by CIREBA, a nationally recognized authority (Cayman Islands Real Estate Brokers Association). If you’re buying in the Cayman Islands, use Williams². Our pros will not only help you find the perfect property—we’ll walk you through the entire process from start to finish.
Selling Property in Cayman
Considering selling your property in Cayman? Working with Williams² puts you on the fast track to success. We have years of experience selling homes in Cayman, and we know how to work the local market.
It’s no secret that you’ll get a better price for your home if you work with an agent. Why? Because we invest significant marketing resources into selling your property—we can usually find a buyer within days of listing it.
And did you know that house transactions in Cayman require a ‘market value’ report? Getting it right is essential. We provide free valuations so that you can get your home sold as quickly as possible.
Buying a home in Cayman
Are you looking to buy a new home in the Cayman Islands? We’ve got you covered. With our extensive database of properties for sale in your desired area, we can offer experienced guidance on finding exactly what you need in no time at all. Our firm is comprised of ten agents, all of whom are dedicated not just to finding you the perfect house but also to helping guide you through the entire home buying process. We’ll give you all the advice and resources needed for a smooth transition, from finding an appraiser or home inspector to getting you set up with someone who can handle renovations or new construction work.
Relocating to Cayman
If you’re entertaining buying a second property or relocating to the Cayman Islands, Our Williams² team will steer you in the right direction. Our services go far beyond simply locating a suitable house; we also provide valuable advice on everything from how to become settled on the island to where to find the best schools, banks, and vehicles. Our team offers complete service, and the agents go above and above to ensure that our customers are satisfied homeowners.
Stamp Duty
7.5%; exemptions for first time Caymanian buyers are available. The stamp duty is paid by the buyer on the market value or sale price, whichever is higher.
1% charged on mortgages of less than CI$300,000 and 1.5% on CI$300,000 or higher.
Legal Conveyancing
Also known as a property transfer. A fee of 1% of the property value is standard.
Strata Fees
In Cayman, a strata plan is the common way condos and shared property complexes are managed. The plans vary in amount so this needs to be taken into consideration during the purchase period.
Property Valuation
This is usually done by the purchaser and is required by the local banks for a mortgage. Prices vary.
Outstanding Bills & Liens
Buyers need to make sure there aren’t any outstanding debts associated with the new property. The conveyancing activity should identify any outstanding debts but it is worth checking with the utility companies too.
If you are thinking about buying a second home or are relocating to the Cayman Islands, the Williams2 team can provide immense support and guidance through this process. Our team does so much more than find the perfect home, they can help give a wealth of local knowledge about setting up your home, moving to the island, schools, banks, cars etc. The team is full service and the agents go over and above to make sure their customers are happy home owners.
If you’re planning on relocating to the Cayman Islands, browse our property listings today.