Turks and Caicos Islands Real Estate Winter/Spring 2016/17

commercial opportunities available on North Caicos,
Middle Caicos and Salt Cay. These islands offer a wealth
of ecotourism and watersports business potential, as well
as huge scope for building houses and a definite need for
small service businesses. Taking on a business here is a
lifestyle decision, for owners who wish to enjoy the excellent
quality of life and a solid financial outlook in the long
term.
North Caicos offers exciting commercial potential
for more advanced amenities and services such as fishing,
kiteboarding, kayaking and paddleboarding. A locally
owned hotel on Bottle Creek should become a reality in
2017— Silver Bay Hotel, with 12 rooms and a shoreline
promenade.
The completion of the causeway and roadways offers
a smooth and beautiful drive from the ferry at Sandy
Point, North Caicos all the way to Lorimers at the east
end of Middle Caicos! The ongoing construction boom
will only continue as more people are ready to enjoy the
peace and tranquility of life in Middle Caicos. The ecotourism
potential is immense, with cultural heritage still
alive to experience here. In late fall, the new Caicos 71
development was unveiled. This 12 acre, boutique resort
community boasts 1,500 feet of white sand beach frontage.
The resort will showcase an exclusive collection of
eco-sensitive, one bedroom beachfront villas, along with
central amenities for two bedroom beach houses for sale
on individually owned lots. The beach houses, like much
new construction in TCI, are designed in a stunning, contemporary
style.
Grand Turk continues to experience the benefits of
a constant influx of visitors via the Cruise Ship Centre,
as well as tourists who enjoy the capital’s enticing mix of
history, culture, superb diving, and quiet charm. Here,
too, a number of renovated older homes are available for
sale, as are the Lucayan Shore Villas on Cork Tree Beach,
offering brand-new beachfront construction.
The tiny island of Salt Cay offers a wide range of
commercial opportunities through existing businesses
and rental villas for sale. The historic significance of the
island and the sense of timelessness in the air provide a
picturesque background for simple relaxation, and for
world-renowned scuba diving, snorkeling, and whale
watching in season.
Ease of access is a major draw to the TCI, whether
via private jet to one of its two FBOs or direct airlift
from the entire eastern seaboard of the US and Canada.
InterCaribbean Airways now connects Providenciales
with both Havana and Santiago, Cuba.
28 Turks & Caicos Islands Real Estate – The Official Magazine of the Turks & Caicos Real Estate Association