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Karina McDermot of Cayman Islands Sotheby's International Realty is pleased to present another great rental property.

Cayman Crossing #20

The long term or annual rental property market in the Cayman Islands has always been historically strong due to the transient nature of the expat population, which represents about fifty percent of the overall population of the Cayman Islands. Those working under two or three year contracts as accountants or attorneys within Cayman's financial sector are more likely to rent property than buy and even if they stay for longer and eventually buy a home they will most likely start out with a period of long term property rental. For many young professionals arriving in the Cayman Islands, renting property gives them the perfect opportunity to make the most of the Caribbean island experience by renting a beach front condo or a condo overlooking the water. There is usually a good selection of long term rental properties available on the market at any given time although demand for rental property is greater in high season which in the Cayman Islands falls between American Thanksgiving and Easter due to the increased staffing requirements of the tourist industry. Those looking for long term rental property should start their search about four weeks prior to move in date, although it is a good opportunity to peruse what the rental market has to offer during an on island visit for a job interview the turn over of quality properties probably means that if the rental property is at all desirable it will not stay on the market for more than about six weeks.