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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L egal<br />
services for domestic and<br />
international clients,<br />
Company and Commercial law,<br />
Banking and Insurance law, Trust law,<br />
Litigation, Property and Tourism,<br />
International Trade<br />
and Finance.<br />
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McCollum & Newlands_Layout 1 4/4/17 12:10 PM Page 1<br />
McCOLLUM & NEWLANDS<br />
Attorneys at Law<br />
Since 1981<br />
providing specialized, superior legal services in<br />
<strong>Real</strong> <strong>Estate</strong><br />
Litigation<br />
Corporate, Commercial & Offshore Finance<br />
Immigration & Business Licensing<br />
Receiverships & Liquidations<br />
1 Caribbean Place, Leeward Highway<br />
P. O. Box 678, Providenciales, <strong>Turks</strong> and <strong>Caicos</strong> <strong>Islands</strong><br />
Tel: 649 339 3216 Fax: 649 941 4561<br />
Email: enquiries@mcn.tc<br />
Website: www.mccollumnewlands.com<br />
Richmond House<br />
Post Office Box 127<br />
Providenciales<br />
<strong>Turks</strong> & <strong>Caicos</strong> <strong>Islands</strong><br />
British West Indies<br />
Tel: 649 946 4732<br />
Fax: 649 946 4734<br />
E-Mail: misick@tciway.tc<br />
Web: www.misickstanbrook.tc<br />
Turning Heads<br />
TCREA realtors were excited to<br />
learn in mid-May <strong>2018</strong> that the legendary<br />
(late) singer Prince’s luxury<br />
Providenciales mansion will be auctioned<br />
in July <strong>2018</strong>. The publicity<br />
generated by the anticipated sale will<br />
be a boon to the real estate market,<br />
bringing attention to TCI’s upscale<br />
offerings.<br />
The five acre estate is located in<br />
Juba Salina, in the Turtle Tail area of<br />
the island. Along with sensational sea<br />
views and two private beaches, the<br />
property includes a 200 foot private<br />
dock, tennis court, gym and cinema.<br />
With six bedrooms and six bathrooms<br />
in the main house, there is also an<br />
adjacent guest cottage and separate<br />
three-bedroom staff house. Prince,<br />
the “Purple Rain” singer, left his<br />
stamp with an offbeat purple driveway.<br />
The property is set for auction<br />
on July 12, <strong>2018</strong> by Premiere <strong>Estate</strong>s<br />
Auction Company. According to<br />
Bernadette Hunt, owner of <strong>Turks</strong> and<br />
<strong>Caicos</strong> Property Ltd. and listing agent<br />
for the private home, “The villa has<br />
attracted the attention of entrepreneurs,<br />
movie stars, developers, models<br />
and existing TCI residents. It’s a rare<br />
opportunity for a savvy investor to<br />
purchase a coveted waterfront estate<br />
and own a piece of music history.”<br />
Moving Forward<br />
Invest <strong>Turks</strong> and <strong>Caicos</strong>, an agency<br />
designed to help navigate the path to<br />
establishing a business in the <strong>Islands</strong><br />
and tapping into local opportunities,<br />
agrees with TCREA realtors on the<br />
many reasons it is wise to invest here.<br />
With a Sovereign Credit Rating of<br />
BBB+, an estimated annual growth<br />
rate of 4.3% and the US dollar as<br />
national currency, TCI boasts a<br />
strong economy. There are no direct<br />
corporate, personal, capital gains or<br />
26 <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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