Turks & Caicos Islands Real Estate Winter/Spring 2019/20

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speaks of the limited number of listings for the surging market of buyers. This is reflected in an increase in the median sell price by 15% to $315,000, with a quickening in average days on market to 351. According to Turks & Caicos Sotheby’s Third Quarter Market Report, this is a good sign of market health. “There is solid, but not overheated demand, with few short-term investors and, instead, long-term lifestyle purchasers, with a handful of investors targeting a longer horizon. And while the luxury sector has certainly led the way, we are seeing strong activity in all price segments, another good sign of overall market health.” Branded residences Seemingly growing by the day are the Ritz-Carlton Residences and Resort, the 12-story development on Grace Bay Beach, just west of the Seven Stars Resort. Now under construction for nearly two years, the project encompasses a 124-room, European-style hotel, along with two residential towers — one beachfront block of 36 condominums and a second behind it with an additional 24 suites. The contemporary, window-rich design offers a variety of floor plans and sizes. Also on the 10.5 acre property will be a casino, restaurants, spa, wellness center, oceanfront pools and every upscale amenity and the high level of service that Ritz- Carlton connoisseurs expect. The project is being exclusively listed by Regency International Estates, TCI’s affiliates of Christie’s International Estates. Agency directors Walter Gardiner and Robert Greenwood were involved from its conception. They believe that the introduction of this well-known, luxury brand has raised the bar, with other Grace Bay resorts already upgrading their facilities to “keep up.” Although prices for the condominiums range from $2.2 million to $3.5 million, nearly all of the beachfront units have been sold. At 10%, the stamp duties alone have boosted TCI Government revenue tremendously. Gardiner notes that the majority of the buyers are from North America and plan to use the properties as vacation homes. For many years, the lovely 5 1/2 acre beachfront parcel to the west of Coral Gardens was blighted with the remains of a partially constructed project (The Toscana). The site will finally reach its true potential when Andaz Turks & Caicos Residences at Grace Bay begins to take shape, with site preparation and setting out well underway for a targeted opening in 2021. 22 Turks & Caicos Islands Real Estate – The Official Magazine of the Turks & Caicos Real Estate Association
Building Your Vision Creating Reality Innovation Design Performance Residential Commercial Remodeling Grace Bay Court, Suite101 P.O. Box 762 Grace Bay, Providenciales Turks & Caicos Islands, BWI Tel: + (649) 431 2971 www.ho2group.com Info@ho2group.com
Page 1 and 2: TURKS & CAICOS ISLANDS REAL ESTATE
Page 4 and 5: WINTER/SPRING 2019/20 Managing Edit
Page 6 and 7: TCREA EXECUTIVE COMMITTEE PARADISE
Page 8 and 9: TCREA GIVES BACK As a result of the
Page 10 and 11: WHERE TO INVEST Each island in the
Page 12 and 13: Mule Point Wheeland Cut Northwest P
Page 14: PROPERTY AND DEVELOPMENT CONSULTANT
Page 18 and 19: PROVO PICTURES
Page 20 and 21: Turks & Caicos Islands’ visitors
Page 24 and 25: The longest established legal pract
Page 26: A Team 1/3 TCREA_Layout 1 11/14/18
Page 29 and 30: property, starting a business, or m
Page 32 and 33: Authorized HILTI distributor for th
Page 34 and 35: Sharon Seymour, Managing Director,
Page 40 and 41: Graham Canham Luxury Real Estate Co
Page 42 and 43: coldwellbankertci.com E: reception@
Page 44 and 45: coldwellbankertci.com E: reception@
Page 46 and 47: Waterfront Villa on 1.3 Acres Lionh
Page 48 and 49: Blue Water Villas in Turtle Cove Be
Page 50 and 51: Two Top Floor Condos at Royal West
Page 52 and 53: Provo Golf Club Residential Land Ba
Page 54 and 55: EXPERIENCE COUNTS Providenciales
Page 56 and 57: Villa Blanca Overlooking Taylor Bay
Page 58 and 59: Silly Creek Ocean Front Home Situat
Page 60 and 61: Water Front Home This Blue Mountain
Page 62 and 63: Six Acre Beach Front Parcel Scarcit
Page 64 and 65: Leeward Highway Commercial Building
Page 66 and 67: Provo Water Front / View Lots Enjoy
Page 68 and 69: Provo Real Estate Opportunities 2.2
Page 70 and 71: Providenciales Properties Two lots
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Turks and Caicos Properties 3-bedro
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Providenciales Properties Ocean Vie
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ERA TURKS AND CAICOS REAL ESTATE RE
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ERA TURKS AND CAICOS REAL ESTATE WY
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Immerse yourself in the lifestyle o
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ERA TURKS AND CAICOS REAL ESTATE CO
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ERA TURKS AND CAICOS REAL ESTATE FA
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ERA TURKS AND CAICOS REAL ESTATE BL
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Birdie Selver, Broker/Agent 649-241
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HOMES IN PARADISE BY GRACE BAY REAL
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FEATURED VILLA VILLA DARIA 4 Beds |
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FEATURED HOME VISTA HOUSE 5 Beds |
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FEATURED CONDO LA VISTA AZUL 1 Bed
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FEATURED CONDOS VILLA DEL MAR UNIT
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Turks Cay resort & marina Providenc
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THE FINEST OF PROPERTIES . . . DELL
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THE FINEST OF PROPERTIES . . . OCEA
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O N I S L A N D since 1 9 6 6 A H I
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O N I S L A N D since 1 9 6 6 A HIS
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Vernica Delancy • Sales Agent cel
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w w w . T h e T u r k s A n d C A i
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VILLAS & ESTATES w w w . T h e T u
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Imagine Calling It Home Imagine Cal
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VILLAS & ESTATES
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VILLAS & ESTATES VILLA CASCADE BLUE
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VILLAS & ESTATES IVORY VILLA CHALK
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VILLAS & ESTATES TURQUOISE BANKS VI
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VILLAS & ESTATES SAILROCK SPA VILLA
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VILLAS & ESTATES w w w . T h e T u
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LUXURY BEACHFRONT FOR OWNERSHIP OPP
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VILLAS & ESTATES OCEAN DRIVE VILLAS
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CATEGORY VILLAS & ESTATES NAME VILL
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VILLAS & ESTATES VILLA AVENTINE CHA
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VILLAS & ESTATES FOR OWNERSHIP OPPO
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CONDOS THE WYMARA RESORT 2102/03 GR
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CONDOS THE PALMS RESORT & SPA - SUI
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CONDOS BIANCA SANDS 202 GRACE BAY,
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CONDOS THE SANDS RESORT & SPA 3311/
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CONDOS ALEXANDRA RESORT GRACE BAY B
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CONDOS THE YACHT CLUB D9 TURTLE COV
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CONDOS VILLA DEL MAR C101 GRACE BAY
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DEVELOPMENT SITE w w w . T h e T u
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DEVELOPMENT SITES 1000 ACRES BEACHF
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VACANT LAND SILLY CREEK WATERFRONT
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VACANT LAND MIDDLE CAICOS LONGBAY M
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VACANT LAND PROVIDENCIALES GRAND TU
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TURKS AND CAICOS One Nine Long Bay
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170 Turks & Caicos Islands Real Est
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TURKS AND CAICOS Long Bay Beach Clu
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TURKS AND CAICOS Wymara Villas TURT
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B BEDROOM 2 14’-8” x 10’-10
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TURKS AND CAICOS Caribbean Diamond
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TURKS AND CAICOS Treehaus BLUE MOUN
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TURKS AND CAICOS 5105 Wymara Villas
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TURKS AND CAICOS 16 Sugar Apple Lan
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TURKS AND CAICOS Bougainvillea Driv
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TURKS AND CAICOS 106 South Dock Roa
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0 The Ridge, Grand Turk 4.57 ACRES
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752 TURKS AND CAICOS 29 300 FT 30 3
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international exposure • local ex
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venetian road apartment complex 8 U
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hibiscus villa 3 BED • 2 BATH •
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ounty drive OCEANFRONT LOT • 4+/-
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east point estates, number four 5 B
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Visit us at TurksAndCaicosProperty.
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TURKS & CAICOS PROPERTY Windhaven,
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TURKS & CAICOS PROPERTY Crystal San
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TURKS & CAICOS PROPERTY TURKS & CAI
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TURKS & CAICOS PROPERTY Villa Tropi
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Distinctive Homes in Exceptional Lo
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TURKS & CAICOS PROPERTY The Yacht C
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TURKS & CAICOS PROPERTY The Alexand
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TURKS & CAICOS PROPERTY A New World
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TURKS & CAICOS PROPERTY Grace Bay W
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Turtle Tail Oceanfront Land This oc
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Long Bay Oceanfront Land An amazing
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For Those Who Seek An Exceptional T
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New Developments Beach Enclave Grac
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UNDER CONSTRUCTION 53 BEACH ENCLAVE
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*artist rendering
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Home/Villa Collection SIGNIFICANT S
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Home & Villa Collection BAJACU, TUR
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Home & Villa Collection DREAM BIG V
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Home & Villa Collection PRE-CONSTRU
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Home & Villa Collection BEACH ENCLA
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Home & Villa Collection BEACH ENCLA
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Home & Villa Collection CERULEAN, B
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Home & Villa Collection GRACE TOO,
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Home & Villa Collection BAMBOO HOUS
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Home & Villa Collection VILLA VERAN
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Home & Villa Collection 14 PINTA LA
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Home & Villa Collection CASUARINAS
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Home & Villa Collection COLUMBUS DR
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Home & Villa Collection UNDER OFFER
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Home & Villa Collection TURTLE TAIL
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Home & Villa Collection VILLA LEONI
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Home & Villa Collection SA N D CAST
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Home & Villa Collection VILLA DATAI
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Karaya Blue Residential Community i
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Pantone Cool Grey 7 Pantone 324c Pa
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Condominium Collection THE SHORE CL
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Condominium Collection THE SHORE CL
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Condominium Collection THE ESTATE A
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Condominium Collection BIANCA SANDS
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Condominium Collection SEVEN STARS
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Condominium Collection WYMARA RESOR
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Condominium Collection CORAL GARDEN
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Condominium Collection WEST BAY CLU
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Multi-Complex/Townhomes PONDEROSA T
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Land Collection BLUE MOUNTAIN LAND
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Land Collection LONG BAY LAND Long
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Land Collection TURTLE COVE & AREA
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Land Collection PARROT CAY ESTATE L
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Land Collection NORTH CAICOS LAND W
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Commercial NORTH WEST POINT LAND -
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The Ocean Estate single Bluff Villa
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The Boathouse community pool Boatho
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HOME TRAVEL MARINE MOTOR CONDOS •
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TURKS AND CAICOS TURKS & CAICOS The
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Turks & Caicos Islands Real Estate Winter/Spring 2019/20

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