| Grace Bay | Turtle Tail |
|---|---|
| Discovery Bay | The Bight |
| Turtle Cove | North West Point |
| Cooper Jack | Chalk Sound |
| Long Bay | Blue Mountain |
| Thompson Cove | Leeward Community |
Providenciales "neighbourhoods", each
offering unique characteristics, while sharing the sunshine, cool tradewinds
and amazing sunsets that make living in these tropical islands so enjoyable.
Follow our links to see our selection of real estate for sale in Turks
and Caicos Islands.
Due to a
dramatic increase in international exposure, global wealth and growing
retirement population, the Turks and Caicos
Island's real estate industry has experienced unstoppable growth. Areas
such as Grace Bay, Leeward, Silly Creek, Turtle Cove, Turtle Tail and now
Long Bay, all neighbourhoods in Providenciales, now contain some of the
most luxurious freehold real estate in the Turks and Caicos Islands.
Turks and Caicos and especially Providenciales has
become second home to many multi-millionaires and celebrities who have
built or purchased luxurious freehold real estate or exquisite beachfront
condos here. The growing need for well built, completed homes has created
a boom in the resale home real estate market. The steady increase in
tourism over the past decades has also created a market for vacation
villa rentals. Condominium development and sales have as well has seen
a dramatic increase especially in the Grace Bay Beach.
Investing
in Turks and Caicos Real Estate
Purchasing
land or home in Providenciales or one of the outer islands in Turks
and
Caicos is a safe and easy investment. Many investors from abroad look
to purchase real estate these islands as a hedge against stock market
volatility.
Turks and Caicos real estate provides capital appreciation
especially on the purchase of ocean view and beach proximity land or
freehold homes. Condo purchase is also a popular investment choice for
capital gain when buying preconstruction units in a resort that is being
built. This plus the fact that only staged payments are expected from
the purchaser and full payment and stamp
tax is not expected until the
resort is finished and registered title is obtained
and delivered to
purchaser. The proximity of Turks and Caicos to Miami and the
ever growing
list of airlines flying into Providenciales is a further assurance to
real estate investor in Turks and Caicos Islands...now voted having for
the best beaches in the world.
In Turks and Caicos there are no legal restrictions on anyone buying real estate and ownership is outright. Turks & Caicos is British dependent territory and the courts of the islands appeal ultimately to the Privy Council in the UK. The US dollar is used here and there are no exchange controls so purchasers of properties in the Turks and Caicos Islands are assured of the stability of the local currency. A purchaser of real estate in Turks and Caicos can take title in his own name or in a Turks & Caicos company name whichever is preferred. There is a land title registery in Turks and Caicos. The title of real estate is searched by a lawyer and transfer of title is guaranteed upon registration.