What are vacation homes and why should you possess one?

Vacation time, family time! And we all deserve a good relaxing vacation for ourselves atleast once a year, ain't it? An island vacation is just the one thing you can dream of when you imaging some special time with your special one. Cayman Islands is the King of Islands. Once you come here, you would want to keep coming back. There are many vacationers who just don't want to go back once they are in Cayman Islands. Here is where vacation homes come into picture. Vacation homes are the most useful of all property in Grand Cayman for vacationers. Here are the top three why you should fetch yourself a vacation home in Cayman Islands:

• First and foremost, you plan to come back here again and again. So no point getting into some resort and hotel, every time you land in. That practice would pressurize your resources in a graver way. Booking of rooms in advance, finding out whether you have the right hotel to park yourself in, at the right place and many other such factors. Owning a home altogether to yourself, no matter whenever in the year you wish to refresh your senses in the Cayman Islands, is a more logical option. Ain't it?

• Second, when you are not celebrating life on the Cayman Islands, your vacation home would not just keep standing there, unused. There are professional property management companies in the Cayman, that take care of your vacated properties when you are not there. Grand Cayman is a place that thrives with all this business. You can utilize your luxury vacation property in Grand Cayman to earn quite a few bucks. Just hand it over to some vacationer like you on rent when you are not using it!

 

• When you are buying a vacation home for yourself, obviously you would do enough research in advance to ensure that your home is located at the right corner of the country! And more than often, you would love to walk to the nearby joints for whiling away your time. With hotels and resorts, that is not the case. Until and unless you have made your rooms in some good place well in advance, with some complementary touring service, your life could be hellish. Because last minute bookings on a place like Cayman Islands is a tough nut to crack. That is no the case with your vacation home. You can tell your property manager, exactly when you are planning a trip to the islands and your vacation home will be dressed up in no less graceful a manner than a hotel.

Home maintenance tips for quickly selling Cayman property

With a market as competitive as the Cayman Real estate, keeping homes at tipping tidiness is not an option at all! A maintained and managed home is an asset. It becomes easier for visitors to finalize the purchase of a home that is in a healthy state, without stains on the carpet and eroding plaster on walls. Attics, basements, kitchen tanks, appliances, every corner of your house needs to be in the best maintained state in order to get sold. Here are a few tips to keep your Cayman property well maintained so that it just sells itself off at the first glance.

•  Keep your appliances sparkling clean. When your Cayman property would be up for sale during the peak times, possibilities are, your agent would ask you to keep some appliances to be included in the sale. It is necessary that all these appliances are completely functional. For that purpose, we recommend you to regularly clean and lubricate your appliances.

• Carpets need a wash regularly. By regularly, we definitely do not mean once every week! Put your floor carpet in the laundry at least twice a year. If you possess a pet at home, either take care that your pet does not soil the carpet or else, put in for wash once every two months. This is all the more important if you have a feline at home.

• Change furniture arrangement once in a while. This gives your home a fresh look. Practice it in accordance to seasons. Falls, springs, summers and monsoons definitely need different retouches. This apart, it gives a chance to your floors to be cleaned occasionally from all nooks and corners. 

• Call a house inspector annually to perform a detailed scan of your roofs, walls, energy leakage quotient and other such hugely neglected factors. These things, once pile up, could result in extremely highly maintenance costs.

• Keep a trimmed garden in your possession. Level the grass seasonally and keep the area free of dried fallen leaves. If you have a small place reserved for the greens comparatively, consider using creepers and climbers. They make walls look really beautiful.

• Last but no the least, the swimming pools. Yes, they are damn important. If you have one, consider changing water periodically and get the pool floor scraped for traces of algae and microscopic water fauna.

More tips and advises on Cayman Property maintenance to follow in our blog! Keep reading.

Cayman Real Estate - Be A Part Of It

Cayman Islands is heaven as far as Real Estate is concerned. No tax to be payed on income tax and capital gains, a grand network of estate agents to manage properties and a friendly culture that is interesting to adopt! All these features make Cayman a hot destination for investing in real estate.

Both buying and selling are active parts of the real estate system here. Demand is usually high throughout the year, more so after the commencement of SEZ concept on the Cayman Islands. Brands are entering at a pleasant pace and with them, are increasing the number of people streaming in. The buyers' market here, is growing at an amazing rate. Homes for rent also crowd the area and it is specifically beneficial to people who have come here for a long term stay, possibly till the point you have your work permit here! For those who intend to stay on for shorter periods or may be just come around for vacations and stay for a few days, only to come back the next year, options are numerous. They have a privilege to buy a part of a condominium property for a specific time of the year. This ais also referred to as fractional ownership! In a nutshell, affordable, posh and variable housing options are available here, so that the buyer can consider his options freely and adequately.

For sellers, Cayman is again a gorgeous place! The freedom from capital gains, entitles them to immense amount of profitability. Being a seller, you just have to maintain your house in a conditions, that it can be staged well in front of your prospective buyers. You have to maintain it well and pay a commission amount to a RealEstate agent and then you are set free of the concern about how your property is going to be sold out or rented out! With such a wonderful reals estate broker and agent network and such a regulated system, as CIREBA is, there are nil chances that your property would not meet a justified and desired end!

Whether you are buying a piece of property or selling it, you are definite to stand in the gains part. There is nothing to compromise on or lose on! It is always the best deal of investment that you can have!