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Times of the Islands Summer 2015

Presents the "soul of the Turks & Caicos Islands" with in-depth features about local people, culture, history, environment, businesses, resorts, restaurants and activities.

Presents the "soul of the Turks & Caicos Islands" with in-depth features about local people, culture, history, environment, businesses, resorts, restaurants and activities.

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eal estate<br />

Opposite page: Well under construction, The Shore Club on Long Bay Beach is an innovative project <strong>of</strong>fering two and three bedroom condominiums<br />

and six bedroom villas on 820 feet <strong>of</strong> beachfront over nine acres on Long Bay Beach.<br />

Above: With only 28 luxury suites, Point Grace is one <strong>of</strong> <strong>the</strong> most intimate condominium resorts on Grace Bay, a charming combination <strong>of</strong> Old<br />

World charm, modern amenities, and personal service.<br />

Words to <strong>the</strong> Wise<br />

This TCI lawyer <strong>of</strong>fers sound advice to potential condominium owners.<br />

By Neil Molyneux, Graham Thompson<br />

Photos By Steve Passmore, Provo Pictures;<br />

Courtesy The Hartling Group and Turks & Caicos So<strong>the</strong>by’s International Realty<br />

Visitors to <strong>the</strong> Turks & Caicos <strong>Islands</strong> quite <strong>of</strong>ten stay in a condominium resort on Grace Bay Beach. Most<br />

condominium properties are less than twenty years old and were built in a thriving economy; both <strong>the</strong><br />

quality <strong>of</strong> <strong>the</strong> product and <strong>the</strong> amenities <strong>of</strong>fered are perceived as excellent. The condominium market<br />

in Providenciales has sprung back into business with a nearly 600% increase in sales in 2014 from <strong>the</strong><br />

market’s “bottom” in 2009. As more buyers enter <strong>the</strong> market, it pays to be a savvy investor.<br />

<strong>Times</strong> <strong>of</strong> <strong>the</strong> <strong>Islands</strong> <strong>Summer</strong> <strong>2015</strong> 49

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