News

Being prepared is key in enabling property owners to make a timely insurance claim for damage to their property and to ensure a reasonable and fair settlement from their insurance company. Based on experience gained from Hurricanes Mitch, Michelle, Ivan and Paloma there are a number of steps that should be taken by any prudent property owner, both prior to…

The government has released the details of the settlement reached in the acquisition of Half Moon Bay property, the value of which has been in dispute for some time now. Below are the particulars of the final settlement. THE BOARD: Chairman - Justice David C Harris; Governor General’s Appointee – Mr. Victor Michael; Half Moon Bay Holdings Appointee - Mrs.…

(CNS): Although the Cayman Islands real estate market is continuing its four-year downward trend, analysts say this year’s fall in value was, at least, not as much as had been expected. Although transfers fell by around 9%, Charterland Ltd chartered surveyors said it could have been a lot worse. Simon J Watson, the firm’s director, said there has been much…

GEORGE TOWN, GRAND CAYMAN – After a much talked-about debut in the midst of the economic downturn in early January, Caribbean property-consulting specialist Charterland is turning heads once again with its upgrade in office space. The company that has enjoyed rapid success in the face of a sluggish real estate market, is now calling the new Fidelity Financial Centre home.…

The Lands & Survey Department has announced renewed monitoring, with effect from 1 May, the application of stamp duty on all purchase agreements and agreements for sale of real estate in the Cayman Islands. To ensure compliance with stamping requirements, Lands & Survey will require that the stamped purchase agreement (or a statement confirming that no purchase agreement was signed)…

(CNS): A drop in the Cayman property market in 2008 was part of a downward trend and the global financial crisis has so far been less of a factor than the longer term pattern, an analysis by property consultants Charterland has found. However,  most of the Seven Mile Beach condominiums continued to show a steady increase in values on previous years…

New York – March 4 2009 – The Royal Institution of Chartered Surveyors (RICS), the world’s largest organization for professionals in property, land, construction and related environmental issues, today released its highly regarded RICS Global Commercial Property Survey for the fourth quarter of 2008. The survey, which is a strong lead indicator for property market trends, measures the sentiment of…

http://www.ricsamericas.org/professionals-on-the-move.html

Cayman Islands newest property consulting firm will make its debut this month, and has announced a business model that combines experience, technology and a fresh approach to building client relationships. Cayman-based Charterland Ltd, a team of property consulting professionals, is now offering it’s experience to a broad range of clients around the Caribbean, from those seeking financing for single-family homes…