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EXCITING NEW INTERNATIONAL ASSOCIATION FOR MILESTONE PROPERTIES CAYMAN LTD

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Exciting New International Association For Milestone Properties Cayman Ltd

September 11, 2014 SELLING CAYMAN ISLAND'S REAL ESTATE

Milestone Properties Cayman Ltd, a CIREBA member company, has been trusted to advise on all aspects of Cayman property, having 14 years’ of extensive experience in dealing with the local market, and over 20 internationally. Sophie Miles, Owner and Broker of Milestone Properties Cayman Ltd, comments: “Keeping Cayman in the international marketplace is one of our core values, and bringing new residents and investment from overseas is foremost in our mission to provide our clients with the most extensive global reach possible. What makes Chestertons the perfect pairing for us is their dedication to promoting Cayman. They don’t just see our islands as dots on the map – they recognise the Cayman Islands as a strategic and viable market. Additionally, Chestertons acknowledges that the Cayman Islands are not just a healthy second-home market; equally they see it as a very attractive relocation option for professionals within the offshore finance and associated industries – opening up our islands to a wider demographic.”

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Working for Chestertons International in London in the mid 90’s prior to her move to Cayman in 2001, Sophie knew right away that the partnership would be a mutually beneficial. She continues: “Having previous experience working at Chestertons, I knew that their unparalleled commitment to providing the highest levels of service would fit well with Milestone’s philosophy. We see eye to eye in our approach – it is very personal and we don’t just match properties to buyers by location, price or the number of bedrooms in a home, but we match the perfect properties to the people by the type of lifestyle desired, rather than just seeing the numbers. This is what makes us different from other realtors in Cayman.” What also differentiates Milestone Properties Cayman Ltd from others is their commitment to the continuing and growing exposure of the Cayman Islands to high net worth investors. Sophie explains: “We are not set to claim the ‘Russian Bears’ or the ‘Asian Dragons’, that are almost mythical in the Cayman Islands in their prospective purchases. We see more value in focusing on Chestertons already established clientele markets in the UK and North America. We are also both committed to offering prime properties – distinctive homes that are in demand, which are well priced and ideally located.”

Neville Page, Director of International at Chestertons adds: “Many of our clients, looking to buy in Cayman, have been spending regular holidays on the islands for years and are either looking for a second home abroad or a permanent residence due to work or retirement. The local property market remains very active and news such as the launch of the next residential phase of Camana Bay is expected to further drive the demand from UK buyers.

“Last but not least, compared to last year, the number of tourist arrivals to the Cayman Islands from the UK has increased by 3.58%, reflecting the growing interest in Cayman from the UK.”

Sophie concludes: “We are absolutely thrilled to be teaming up with one of the most recognised and renowned names in property, not only in the UK but in the prime property markets globally and we look forward to seeing them in Cayman very soon.”

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