BUILD Real Estate & Property Awards 2022 4 Sep22250 ormer professional cyclist and Olympic athlete, Stefan Baraud is a born and raised Caymanian, whose roots lie deep in his community. His property development career has spanned almost two decades, which has enabled him to position Baraud Development as one of Cayman’s largest, most recognised names in luxury real estate development. It was when he was young man that his passion for business sparked his entrepreneurial spirit, leading him to operate several local businesses throughout the years, in addition to being appointed as past chairman of the Cayman Islands Port Authority. Stefan and his team’s passion for their community has fuelled the growth and success of Baraud Development over the almost two decades it has been in operation. The company boasts well over 500,000sqft in completed projects, including Prospect Legacy, Prospect Haven, Sunrise Phase 1, Barcam Esso, Town and Country, Turnberry Villas Phases 1, 2 & 3, Harbour Point, Shore Club, Twenty40 and Eleven Parc. Indeed, it has a rather extensive and impressive project portfolio, and it’s showing no signs of slowing down. Baraud Development thrives on offering a bespoke service in the building of high-end residential properties for families, which are extremely well built at a higher level of specification and a higher standard of finish than those offered by competitors. These properties are situated in sought-after residential areas: on waterfronts, canal fronts, ocean fronts, and in gated neighbourhoods. The team don’t use a ‘cookie cutter’ approach, but rather put a strong focus on the personalisation of each project. Throughout each stage of a new development process, from strategy to planning, to site analysis and building design, to Stefan Baraud founded his luxury resident development company, Baraud Development, 17 years ago. Today it is a leading bespoke, familyrun business that puts people first. It is a company that continues to flourish; with its passion for quality, function, and ROIs, it’s easy to see why its clients keep coming back to invest. Indeed, the Baraud Development team treats each build as if it were a building of their own families, working with the client on a one-to-one basis throughout the process to build their new luxury home in Grand Cayman, just the way they envision it. F marketing and construction, the Baraud Development team is very knowledgeable in every aspect of property development in the Cayman Islands. They combine unique marketplace trends and valuable construction and onsite expertise in addition to maintaining their commitment to creating luxury real estate. Not only this, but Baraud Development’s luxury products come with record ROIs by keeping pre-construction pricing below completion market value – This is a huge feat, and it goes beyond industry standard, making the company truly unparalleled among its potential peers. This is something that the team is very proud of, and they absolutely love building for the people of Cayman. The demand is growing for housing, too, with people flocking to the gorgeous Cayman Islands. Cayman is well-positioned with regard to the housing market due to it being an island that is insulated from a lot of the political and economic issues that are taking place around the world. As a result, Baraud Development is able to take a more relaxed approach to doing business, with Stefan telling us, “We take cues from where we live, on an island, so we are a little more laidback. Our internal culture is one where there is a lot of latitude.” Most recent of Baraud Development’s projects is Privé, an ultraexclusive development launched six months ago, it is also the company’s largest project to date, consisting of 36 town homes and 16 villas. These stunningly modern properties situated on Best Luxury Residential Property Developer - Cayman Islands
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