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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

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