peter(dotted)mackenzie(at)remax(dotted)ky 345.325.3675
Book Appointment
BOOK APPOINTMENT

Main Content

Offcanvas Menu

Douglas Elliman Douglas Elliman
345.325.3675 peter(dotted)mackenzie(at)remax(dotted)ky

Your vacation state of mind — made permanent.

Find your place in paradise.

I am buying I am selling

Proven Performance

Years
of Industry Experience
%
Client
Satisfaction Rating
mt-bg

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!

Learn More
Team Photo
No Listings Found

Featured Properties

View more properties

Explore Communities

What our clients
are saying

"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

"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
See all success stories

Video Testimonials

Call to action links

Call To Action - View Listings View Listings Call To Action - View neighborhood Check out neighborhoods Call To Action - View updates Subscribe to Market Updates

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.

View Listings

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

Read More
View Listings

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

Read More
View Listings

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

Read More
View All Posts

Connect with Peter on Facebook

See more posts
Facebook Post

Peter MacKenzie Realtor at RE/MAX Cayman Islands

Posted 9 hrs ago
What actually goes into the price of a new home on Grand Cayman? A lot more than the land. I think of it as five main layers. First, the land: the plot itself and the cost of buying it. Then the build. Building materials brought into Grand Cayman pay a flat 15% import duty, a concession Cabinet has extended to the end of 2030. And new homes have to be designed to Cayman's building codes, which set a basic design wind speed of 150 mph. Next come the architects and engineers, the planning and permit fees and, where it applies, a contribution to the infrastructure fund. Then time. From the day the land is bought until the homes are sold, the money tied up in the project carries a finance cost, and every delay adds to it. Last is the developer's margin, the return for taking on the risk. So when building costs go up, something has to give. The next new build may be priced higher, the developer may accept a thinner margin, or the land may be worth less. Next time you see new-build prices go up, don't assume it's all demand. Some of it can be the cost of building. If you've built here, which of those layers surprised you most? Tell me in the comments. Peter MacKenzie | RE/MAX Cayman Islands | 📞 (345) 325 3675 | 📧 [email protected] | Member of CIREBA
Read More
Facebook Post

Peter MacKenzie Realtor at RE/MAX Cayman Islands

Posted yesterday
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
Read More
Facebook Post

Peter MacKenzie Realtor at RE/MAX Cayman Islands

Posted 7 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
Read More

Follow Peter on Instagram

See more posts
Instagram Post
Instagram Post
Instagram Post
cf-bg

Send us
a message

    Skip to content