Nautic Property Consultants
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Property Management

Property Management in the Cayman Islands

Hand it over and stop thinking about it.

What this service is

Property management is the day-to-day financial, administrative and physical running of a building or scheme. Nautic manages strata corporations, homeowners associations and commercial property in the Cayman Islands: preparing budgets, collecting strata fees, arranging insurance and maintenance, running AGMs, inspecting the property and planning for the capital works that eventually arrive.

Most strata problems are deferred decisions. We run buildings on the basis that the expensive things are predictable, and owners would rather budget than be assessed.

What we deliver

Scope of property management work.

  • 01

    Strata corporation management

    AGM preparation and attendance, minutes, notices, certificates and statutory compliance.

  • 02

    Budgets and strata fees

    Annual budget preparation, fee setting, collection and arrears management.

  • 03

    Financial reporting

    Transparent monthly and annual accounts, with audit liaison where required.

  • 04

    Maintenance and contractors

    Planned and reactive maintenance, tendered contracts and supervised works.

  • 05

    Reserve fund planning

    Long-term capital plans built on surveyed condition and real reinstatement costs.

  • 06

    Commercial management

    Service charge administration, tenant liaison, lease compliance and occupancy support.

Working with Nautic

How an instruction runs.

  • Brief and fee. A short conversation about the property and the purpose, followed by a written fee proposal with the scope and basis of appointment stated plainly.
  • Inspection and information. We attend the property and gather the drawings, contracts, policies or accounts the instruction needs.
  • Analysis. Measurement, costing and evidence gathering, the part that decides whether the conclusion holds up under scrutiny.
  • Report. A clear document with the conclusion at the front, the reasoning behind it, and the assumptions declared.
  • Follow-through. We remain available to explain, defend and act on the advice, to a lender, an insurer, a board or a tribunal.

Related experience

Projects our team has worked on.

Seven Mile Beach · Cayman Islands

Ritz-Carlton Fit-Out

A high-specification fit-out at the Ritz-Carlton on Seven Mile Beach, Grand Cayman.

Sector Hospitality
Team experience

Galway · Ireland

Bonham Quay

A landmark €104 million commercial and mixed-use waterfront development in Galway, constructed between 2019 and 2021.

Year 2019 to 2021Value €104 million

Projects marked “team experience” were delivered by members of the Nautic team while working at previous firms.

FAQ

Property Management, questions we are asked

What does a strata manager actually do?

They run the corporation on behalf of the owners: budgets and fees, insurance, maintenance and contractors, financial reporting, AGMs and statutory records, and long-term planning for major works.

How is a reserve fund calculated?

From the surveyed condition and expected life of the major components: roof, envelope, lifts, plant, roads and pools, and the current cost of replacing each one, spread over the years remaining.

Do you manage commercial buildings as well as strata?

Yes. We manage commercial and mixed-use buildings, including service charge administration, tenant liaison and lease compliance.

Get in touch

Need property management in Cayman?

A valuation, a claim that needs adjusting, a project that needs costing, or a strata that needs running properly. Start with a conversation, quotes are free.

Request a quote +1 (345) 326-8940