Turks & Caicos Islands Real Estate Winter/Spring 2021/22

Where to Invest
Each island in the Turks & Caicos has an individual
charm, appealing to those who want the comfort and
convenience of a more cosmopolitan setting, to others
who envision their island getaway as remote and pristine.
All share the bountiful sunny days, turquoise seascapes
and cooling tradewinds that make living in the Islands so
enjoyable.
Providenciales is by far the most developed of the
Islands and, as such, has been the focus of most real estate
activity. Available is a wide variety of property, including
residential villas and homes, resort condominiums, townhomes,
apartments, commercial businesses and vacant
land.
Providenciales can be loosely divided into various
“neighborhoods.” Leeward is a community on the
northeast tip bordered by the Leeward-Going-Through
Channel connecting the north and south sides of
Providenciales. Leeward property includes a mix of villas,
homes, condominiums and waterfront estates in such
developments as Blue Cay Estates, Blue Haven Resort &
Marina, Provo Golf Course, Emerald Estate and Atrium
Resort.
Grace Bay, often termed the “Gold Coast,” boasts
what international travel magazine surveys consistently
rate among the world’s best beaches. It is home to the
majority of the resort hotels and condominiums. While
the first decade of the millennium saw a boom in construction
of beachfront condominiums here, with a tremendous
pre-sales and after-sales market, development is evolving
with the addition of “back from the beach” properties,
retail/office plazas, new restaurants and casinos.
With completion of The Shore Club on Long Bay
luxury condo and villa resort community, development
has sky-rocketed in the area, anchored by the new South
Bank project and the most costly beachfront villas on the
island. Located on Provo’s southeast shore, the residential
subdivision of Long Bay Hills offers some of the most
affordable prices and among the best southern island
views.
Located between Grace Bay and Turtle Cove, The
Bight is home to the sprawling Beaches Turks & Caicos
Resort & Spa and other beachfront hotels. Several condominium
developments line the beautiful beach that is an
extension of Grace Bay, including Wymara Resort Turks
+ Caicos, West Bay Club and Windsong.
Turtle Cove was the site of Provo’s first hotel and
many of its first homes. The beach is prime, with excellent
snorkeling, and the area boasts close proximity to
restaurants, watersports and Turtle Cove Marina. Luxury
beachfront villa and condominium and townhome projects
are now here, including The Dunes and The Enclave
luxury villas, the Yacht Club, La Vista Azul, Queen Angel
and Seaflowers.
Located in the center of Provo’s south shore,
Discovery Bay is the entrance to a 2.5 mile, man-made
canal system. This peaceful residential area offers access
to the ocean at a reasonable price.
Turtle Tail is a 3.5 mile peninsula on the south-central
shore, bounded on the north by Juba Salina and on
the south by the open sea. Turtle Tail provides dramatic
views of the Caicos Banks and Five Cays, small coves with
private beaches and fabulous hilltop properties.
Located on Provo’s southwest shore, Cooper Jack is
quite popular due to the prevailing breezes, privacy and
magnificent sunsets. Waterfront is primarily ironshore,
with some sandy swimming areas.
The highest point on Provo, the exclusive Blue
Mountain settlement, comprises an elevated area between
Turtle Cove and Thompson Cove. Nearby Thompson
Cove is a 130-acre planned community — quiet, secluded
and entirely composed of fine homes and estates. There
is dock space within a private, protected canal and beach
access.
On the southwest tip of Provo, a long peninsula separates
Chalk Sound, a shallow inland waterway, and the
Atlantic Ocean. The ocean side at Sapodilla Bay, Taylor
Bay and Silly Creek offers unparalleled sunsets, while
Chalk Sound displays incandescent blue waters dotted
with hundreds of tiny cays. The area is strictly residential
and boasts the upscale developments of Harbour Gates,
Ocean Point, Sunset Bay and Silly Creek Estates. Homes
tend to be luxury estates. Homes and lots are also being
sold to the southwest.
The far northwest tip of Providenciales is currently
home to the North West Point Resort and the exclusive
Amanyara. As well, the area is beginning to evolve from
homesites along Millennium Highway to beachfront land
sales along the north shore.
There is a variety of commercial properties for sale,
including existing businesses and revenue properties. They
are scattered across the island, with prime sites including
along Leeward Highway, in Grace Bay and within the
Industrial Park.
Spread out like jewels connecting Providenciales and
North Caicos are the Caicos Cays—Pine Cay, Dellis Cay,
and Parrot Cay. Pine Cay boasts private homes that were
among the country’s first, some are now on the resale market,
along with a select number of lots. Parrot Cay is a
getaway for the rich and famous, and the multi-million
dollar villas in this island paradise exude sophisticated
simplicity.
While Providenciales is all about tourism and development,
the country’s other islands reflect the fascinating
history that shaped them. The Turks Islands—Grand
Turk and Salt Cay—have a heritage dating back to the
salt trade and its Bermudian influence is strongly felt. The
12 Turks & Caicos Islands Real Estate – The Official Magazine of the Turks & Caicos Real Estate Association