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

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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
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"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

"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
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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 2 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 3 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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Peter MacKenzie Realtor at RE/MAX Cayman Islands

Posted 4 days ago
For sale at Urbana, George Town: a new home with two bedrooms, two and a half bathrooms and 1,209 sq ft over two levels, for CI$639,000. Buying your first home as a Caymanian? This price sits inside the first-time Caymanian stamp duty concession. Duty would be CI$3,337.50 for one buyer, or CI$1,462.50 for two buying together, rather than CI$47,925 at the standard 7.5%. The home sits on the perimeter of the gated development, with two assigned parking bays and its own fenced garden at the back. It is built with ICF construction, hurricane-impact doors and windows, and stainless steel appliances. Within the development there are two swimming pools, an outdoor Jacuzzi, a gym and clubhouse, a putting green, a children's play area, a BBQ area and a dedicated dog park. Urbana is minutes from George Town's CBD, and completion is expected in October 2027. Message me and I'll send you the floor plans. If you know someone looking in George Town, share this with them. Source: CIREBA MLS# 421163; Lands & Survey Department (stamp duty), October 2026. Completion date is an estimate. Renders are artist's impressions. Peter MacKenzie | RE/MAX Cayman Islands 📞 (345) 325 3675 | 📧 [email protected] | Member of CIREBA
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