| 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 "real estate
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 real estate 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 especially in Providenciales provides capital
appreciation 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...Providencciales (Provo) has now been voted as 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.
