Buying Real Estate — Sight Unseen — is the new normal in the Cayman Islands

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All around beachfront views of Sun Serenity, Cayman Islands

Current travel restrictions have not deterred ERA Broker, Jeanette Totten, in the Cayman Islands. Last month, she sold a beachfront property for US$ 8.2 M — the highest-priced home sold “sight unseen” in Cayman Kai.

Despite the local COVID-19 lockdown, the Cayman Real Estate market still managed to generate US$ 77-million in sales by the end of 2020 – proof of how the country’s real estate industry, particularly in luxury property development, continues to be an influential driving force in the local economy.

Certainly, limitations on international travel have pushed real estate professionals to devise new, creative, and…

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