Turks & Caicos Islands Real Estate Summer/Fall 2018
This magazine contains MLS listings from the Turks & Caicos Islands Real Estate Association members. It is the most up-to-date magazine of local real estate. It also includes features on the industry.
This magazine contains MLS listings from the Turks & Caicos Islands Real Estate Association members. It is the most up-to-date magazine of local real estate. It also includes features on the industry.
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Assisting domestic and international clients for 35 years.<br />
PO Box 175, Providenciales, <strong>Turks</strong> & <strong>Caicos</strong> Is., BWI<br />
Tel + 1 649 946 4602 • Fax + 1 649 946 4848<br />
E-Mail richardsavory@savory-co.com • Website www.savory-co.com<br />
The longest established legal practice<br />
in the <strong>Turks</strong> & <strong>Caicos</strong> <strong>Islands</strong><br />
35Years<br />
<strong>Real</strong> <strong>Estate</strong> Investments & Property Development<br />
Immigration, Residency & Business Licensing<br />
Company & Commercial Law<br />
Trusts & <strong>Estate</strong> Planning<br />
Banking & Insurance<br />
1 Caribbean Place, P.O. Box 97, Leeward Highway,<br />
Providenciales, <strong>Turks</strong> & <strong>Caicos</strong> <strong>Islands</strong>, BWI<br />
Ph: 649 946 4344 • Fax: 649 946 4564<br />
E-Mail: info@dempseyandcompany.com<br />
Cockburn House, P.O. Box 70, Market Street,<br />
Grand Turk, <strong>Turks</strong> & <strong>Caicos</strong> <strong>Islands</strong>, BWI<br />
Ph: 649 946 2245 • Fax: 649 946 2758<br />
E-Mail: ffdlawco@tciway.tc<br />
bedroom/two bathroom, 1,200 sq. ft.<br />
condo units on three levels. Screened<br />
porches add nearly 200 sq. ft. of living<br />
space.<br />
Looking Up and Out<br />
Positive factors are blossoming across<br />
the out islands, as well. The longawaited<br />
renovation of South <strong>Caicos</strong><br />
airport is well underway, supporting<br />
visitor arrivals to the thriving<br />
Sailrock and East Bay resorts there.<br />
Completed is construction of the control<br />
tower, resurfacing of the apron<br />
and taxiway, a new lighting system<br />
and perimeter fencing. Plans are to<br />
move forward with the terminal facility<br />
in the future.<br />
Sailrock is South <strong>Caicos</strong>’ premier<br />
luxury resort nestled along the island’s<br />
pristine beaches, thriving coral reefs (a<br />
diver’s and fisher’s paradise) and miles<br />
of undiscovered land. Completed<br />
are Ridgetop Suites and Beachfront<br />
Villas, supported by two restaurants,<br />
an infinity pool and a newly opened<br />
spa.<br />
On North <strong>Caicos</strong>, it appears<br />
that the long-abandoned Royal Reef<br />
Resort has secured a new investor<br />
to rebuild the potentially one-of-akind<br />
Sandy Point property. In late<br />
April <strong>2018</strong>, it was announced that<br />
Chinese developer Guo Liang Tian<br />
had acquired the Royal Reef Resort<br />
& Spa and will be working along<br />
with the community of North <strong>Caicos</strong><br />
to further development of the island,<br />
including offering scholarships to<br />
students to study in China. The<br />
investment follows the work of Invest<br />
<strong>Turks</strong> and <strong>Caicos</strong> through international<br />
promotions.<br />
On Middle <strong>Caicos</strong>, the new<br />
owners of Blue Horizon Resort, now<br />
Dragon Cay Resort, report a good<br />
winter/spring season. They have plans<br />
underway for the vacant properties to<br />
the west of the resort.<br />
24 <strong>Turks</strong> & <strong>Caicos</strong> <strong>Islands</strong> <strong>Real</strong> <strong>Estate</strong> – The Official Magazine of the <strong>Turks</strong> & <strong>Caicos</strong> <strong>Real</strong> <strong>Estate</strong> Association