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Douglas Elliman Douglas Elliman

Your vacation state of mind — made permanent.

Find your place in paradise.

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Meet
Peter Mackenzie

Peter is an experienced property professional with over 16 years of experience in real estate finance, banking, and commercial property investment analysis. He is a member of the Royal Institution of Chartered Surveyors (MRICS) and holds a master’s degree in property studies from the University of Cape Town. Along with his professional work experience, Peter’s strong academic background in economics and finance from his undergraduate studies has enabled him to develop a comprehensive understanding of the financial aspects that drive the real estate market.

Peter lives by the maxims of trust, integrity, and open and honest communication. His ambition is to go the extra mile for his clients and assist them in realizing their real estate aspirations. Contact him today to get a head start on finding paradise!

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What our clients
are saying

"My husband and I first met Pete at an Open House he was hosting, and we immediately connected with his kind, helpful, and genuine energy. Although we didn’t purchase the home he was showing that day, Pete continued to support us by happily exploring alternative options that fit our needs. Thanks to his guidance, we were able to secure a beautiful canal-front lot, and he walked us through the entire process from start to finish. We’re truly grateful for his expertise, guidance and care."

R Grant

"Peter showed excellent market knowledge, strong negotiation skills, and clear, concise communication. A highly professional agent I’d strongly recommend."

J Doble

"I am thrilled to recommend Pete for all your real estate needs. He was an absolute godsend who expertly guided me through the process of both selling my condo and purchasing a townhouse. Pete was a rock—efficient, incredibly knowledgeable, and a calm, reassuring presence throughout. I truly don't believe I would have achieved such successful outcomes without him. Without a doubt, I would work with him again in a heartbeat. 10/10 recommend!"

G Kirby

"I have worked with over a dozen real estate brokers working on different transactions in the UK, US, Canada and Cayman Islands. Pete is by far the best and most effective one I have met. He is thoughtful, ethical, very transparent, puts long term value on his relationships, and has my complete trust (and enthusiasm in looking at the opportunities that he has shown me over time, many of them non-market)."

A J R

"Pete was instrumental in helping us secure our first home in Cayman. He navigated us through some major challenges and ultimately got us the result we wanted. He was an absolute pleasure to work with, and we recommend him every chance we get!"

D Kwinter

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Latest News

Keep on top with latest and exclusive updates from our blog on the Cayman Islands real estate world. Peter posts about tips and trends for buyers, sellers, and investors every week. Whether it be about staging your property or a snapshot of the market, this is your one-stop shop.

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Tips for First-Time Homebuyers

Buying your first home is a thrilling yet daunting adventure. It’s natural to feel a mix of emotions—anxiety, excitement, and maybe even a little fear. But remember: you’re in control of your homebuying experience; and with the right approach and a great real estate agent by your side, finding your dream home can be a

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Remodeling Projects That Will Boost Your Home’s Value

There are two ways to think about remodeling projects that will boost your home’s value; you can get one or two major remodels done or opt for a bunch of small fixes. Depending on your budget and your timetable, one approach may be better for you than the other. For instance, if you have an

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Investing in the Cayman Islands

Investing in Cayman Islands real estate is a straightforward process, facilitated by a well-established legal framework and a transparent property market. Here are some key aspects to remember when investing in Cayman Islands real estate: i. Research and Property Selection Start by conducting thorough research on the Cayman Islands real estate market. Familiarize yourself with

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Peter MacKenzie Realtor at RE/MAX Cayman Islands

Posted 11 hrs ago
Thinking about building a home in Cayman? Here's the order things happen in, according to the Department of Planning. Start with what the land allows: the zoning, and how far the building has to sit back from each boundary. And don't clear the plot early. On Grand Cayman, land clearing generally needs planning permission as well. Next comes the planning application, submitted through the Online Planning System, usually by your architect. On Grand Cayman, a house that meets the minimum Planning Regulations can be approved administratively. If it requires neighbour notification or doesn't meet those regulations, it goes to the Central Planning Authority. Once any conditions are met, you have five years from the planning decision to obtain the building permit. A plans examiner reviews the structural, mechanical, electrical, plumbing and gas drawings, and construction can start when the permit is issued. Inspections follow through the build. The Certificate of Occupancy comes once the final inspections are passed and the fees are paid. If you've built here before, which stage took longest for you? Tell me in the comments. And if you're buying land to build on, message me. I've written a plain-English guide to the whole process and I'm happy to send it. Peter MacKenzie | RE/MAX Cayman Islands | 📞 (345) 325 3675 | 📧 [email protected] | Member of CIREBA
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Peter MacKenzie Realtor at RE/MAX Cayman Islands

Posted 6 days ago
If you're buying property in Cayman as an investment, there's one question to ask before any other: is that yield gross or net? Take a hypothetical CI$500,000 condo let at CI$3,000 a month. That's CI$36,000 a year, or 7.2% of the price. That's the gross figure, and it ignores every cost of owning the place. Once strata fees, management, insurance, maintenance and a few empty months come off, say CI$9,000 a year between them, you're left with CI$27,000. That's 5.4% on the price. Then there's stamp duty. At the 7.5% standard rate it adds CI$37,500, so you've really put in CI$537,500. On that, the return is 5.0%. The same logic applies whether you're buying a house, a multi-family building or a commercial unit. The costs look different, but an investment purchase should always be judged on the net figure. Have you ever been quoted a gross yield that didn't hold up once the costs came in? Tell me in the comments. Illustrative figures, not market rates. Excludes legal fees and other closing costs. Peter MacKenzie | RE/MAX Cayman Islands | 📞 (345) 325 3675 | 📧 [email protected] | Member of CIREBA
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Peter MacKenzie Realtor at RE/MAX Cayman Islands

Posted 7 days ago
Who actually owns a property in Cayman? There's a public record that answers that, and the Government stands behind it. Cayman uses a registration of title system. It doesn't rely on a chain of old deeds. The land itself is registered, and the Land Register records the current ownership of every parcel. Here's why that matters to a buyer. Under the Registered Land Act, the Cayman Islands Government guarantees title. You don't need a separate land certificate to prove you own the property. A certified copy of the Land Register in your name is enough. The Register and its documents are public records. If you know a property's Block and Parcel number, you can request a copy of the register from the Lands & Survey Department. If you don't know it, the Registry Map shows the boundaries of each parcel, so you can find the property there first. Had you heard of Block and Parcel numbers before buying here, or was it news to you? Tell me in the comments. If you're looking at a particular property and want to understand what the register shows, message me. Peter MacKenzie | RE/MAX Cayman Islands | 📞 (345) 325 3675 | 📧 [email protected] | Member of CIREBA

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