The least populated area of Grand Cayman, the East End enjoys the lowest property prices and offers not only a great ROI but also a desirable lifestyle for beach and watersports lovers who prefer to be far from the madding crowd.
If you are looking for the most secluded beaches and the quietest residential options, you should definitely explore the East End of Grand Cayman, where space is plentiful, the pace of development is far less overheated than on the west side of the island, and there are good opportunities to invest in the Cayman Islands rental properties.
East End settlements consist of a few small villages, largely undeveloped, with numerous small dive resorts and boutique hotels dotted in between, on or very close to the area’s quiet beaches. Colliers is the main tourist area here, with a number of resorts and shopping facilities.
The village of East End is home to most of the population of a little over 1600 locals, who have a reputation for being the friendliest and most welcoming to visitors and new residents. Amenities in the area include a health centre, a primary school, numerous restaurants and bars, lively and mostly catering to local and visiting dive enthusiasts.
With its low population density and location at the other end of the island from the airport, cruise terminal and bustle of the capital, East End property prices are low, yet still offer the prospect of a dream Caribbean lifestyle for new residents relocating to the Cayman Islands.
The quality of housing is high, and the area is home to famous attractions such as East End Beach and some spectacular world-class dive sites. While living here means a journey of at least 40 minutes by car for most important urban amenities like transport, schools, medical services, malls and offices. In the East End, property investment can be expected to earn good rental returns from tourists and longer-stay visitors looking to avoid the crowds.
East End properties with easy access to the beach and underwater attractions provide excellent rental returns from holidaymakers. And while the area might not be seen as desirable to those who need to spend a lot of time travelling in and out of George Town, the slower, gentler pace of life in small residential enclaves attracts long-term foreign residents that include retirees, the independently wealthy and those looking primarily for peace and quiet.
East End real estate investors enjoy the lowest property prices in Grand Cayman and have a number of different real estate options available. Investment opportunities options include cottage-style homes, beach villas, apartments, condos and a number of vacant lots – many with beach fronts. New residential developments consist of modern townhomes and single-family homes, usually more modest in size than elsewhere on the island but also more affordable.
Recent listings for properties for sale in the East End range from $445,000 for a two-bedroom beachfront condo, to a 2-acre parcel of undeveloped waterfront land on offer for $1.6 million. While much real estate in the East End consists of smaller homes and condos, there are also larger properties on the market, including two large 7-bedroom beachfront mansions at $4 million and $10 million, respectively.