Turks & Caicos Islands Real Estate Services

The Real Estate market in the Turks and Caicos is like no other… so many factors contribute to the “Value” of our islands real estate, most of which are well outside of what many would ever consider when buying a property in their own hometown. In the beginning they are continually banging away on their calculators in a futile effort to compare a property they may have seen in the Bahamas, Florida, or even worse, back home.

Quality of life is not measured by the “Price per square foot” formula it doesn’t exactly translate to “value per square foot”.

On every showing, with every client, I share the same statement, and do the same exact thing. If you can imagine standing on a beautiful balcony, I direct their gaze through the palm trees and out onto the powder soft white sandy beach, and turquoise waters beyond the infinity pools and say:

“You know, you can buy four walls, marble tiled floors, and cascading bathroom fixtures anywhere in the world, but that,” (pointing to the ocean) “that you can’t get just buy anywhere”. 

This one-statement helps them put into perspective exactly what it is they are doing. It’s not just a new property they are looking at, but also a new lifestyle. 

However, that’s just scratching the surface. The Turks and Caicos Islands offer so much more than just a great new lifestyle; it offers an investment opportunity that is felt to be unrivalled throughout most of the Caribbean. 

With an attractive Tax Haven Status with no annual property, income, inheritance and capital gains tax, stable government, no restrictions on foreign ownership and property ownership guaranteed by the British Crown, the islands instil a level of confidence rarely found in the Caribbean.

When you roll all of this in with the TCI’s convenient and great location - just a 90 minute flight from the US mainland, a mere 3.5 hour direct flight from Canada, and the fact that it is English Speaking, with U.S. Dollar as the local currency and has a very low crime rate, these islands offer a treasure trove of benefits that add value to every property in the Turks and Caicos Islands. 

This level of understanding takes time, and is usually something we can pass onto to our clients within a reasonable showing period of a day or two. It’s at this point that they put away their calculators and see the big picture. The myriad of benefits briefly we briefly touched on is the true value of the property you will inevitably buy in the beautiful Turks and Caicos Islands.

One of the hottest locations on the planet.

You will find there’s common myth in business circles that investing in real estate property is riskier as compared to dealing in bonds and stocks. But it is not very the actuality as property investments have been typically the most popular technique of savvy investors for more than 50 years now leading them to be multi-millionaires and even billionaires from intelligent dealing in property. The possibilites of making substantial amounts of income is there in property investments but it really is not all roses, like all investments property has it is pitfalls like the fact that you simply can’t ever be sure you will find good assets on the market.

The current bursting of the property bubble made paupers of those that missed it coming and there were lots of who fell target to the great fall in the market. With the future not looking so shiny in the marketplace for a lot of years to come, sensible investors have seen a one-time only chance in the kind of the Turks and Caicos islands. On the surface, it seems to be the ideal choice. Idyllic location, not an incredibly popular tourist attraction yet though there appears to be marketing efforts being made to change this. Right now there are already around 200,000 vistiors annually which is a pretty decent number but it is set to rise dramtialy over the next five to ten years.

Because of the lack of tourism real estate investment is being snapped up buy investors quickly and at bargain prices. The best thing abotu Turks and Caicos is that the only 8 out of the 40 isalnds are populated and Provdenciales makes up the majority of the population. With so much free land available, there will be a host of development opportunities though naturally the local government will not allow any business to spoil the scenic beauty of the islands.

When you purchase real estate investment property on the Turks and Caicos islands, it belongs to you which guarantees you are able to rent out the accommodation to interested parties. Over the few years this location is set to be one of the hottest locations on the planet and so the owners by then will be able to call the proces themselves. It should be noted that landlords of these properties are responsible for paying the mortgage and maintenance costs. However, the zero tax rate enjoyed by property owners in the Turks and Caicos islands is a real boon and the rent charged to visitors should easily cover mortgage repayments and generate some extra profit on top.

Those who will be interested in renting out property on these beautiful islands are likely to be wealthy business people so there should be no worries about bringing in bad tenants who cause damage. So now you can see that investing in rela estate is bound to make you alot more money as compared to stock and shares because property values are set to increase should you determine to sell and renting the property to tenants is an ideal way of generating a respectable second income in the meantime.

Be smart like the other investors look into proeprties for example Turks and Caicos real estate and make your offer beofre everyone else does.

Made up of over 40 islands and small cays,our islands are situated about 575 miles south-east of Miami and 90 miles north of the Dominican Republic.

As being a British Overseas Territory while using US Dollar as the standard currency, luxury real estate investments are ideally suited.

The Turks and Caicos Islands Real Estate Association recently posted some very positive figures from its 2011 year to date reports showing that the islands real estate market is on an upturn.

The Turks and Caicos Islands have also seen a dramatic increase in tourist numbers through 2011 with additional flights from new destinations in the United States and Canada. We can only expect this to increase through the new airport expansion project, further exposing our beautiful and investor friendly islands to a new and exciting European market.

FIGURES FOR 2011 YTD

Number of sales up by approximately 25% over this time last year

Volume of sales up approx 28% over the same time last year.

An increase in average sale price of approx 2% 

Posted August 15, 2011

Globally, things may change, but the Turks and Caicos Islands remain a destination where people want to be. “Whilst the Turks and Caicos Islands have definitely experienced a slowdown in the last three years, this does not mean that the islands are at a standstill. In fact, far from it.” says Katherine Baryluk and Robert Greenwood of Regency International Estates and exclusive Brokers for the Babalua Beach Residences.

 “There is a gap in the market – these beautiful, beachfront residences are designed without compromise and to fill this void”.

The historic 6 acre beachfront property, now the site for the Babalua Beach Residences, is centrally located on the most popular North shore of Providenciales. It has been completely designed with the ocean and elements in mind, or as we like to call it “Caribbean Curb appeal”. Originally the location of one of the first homes in the area, known as “Mother’s House”, the site offers stunning elevated vistas of the Atlantic, with spectacular island views. All steps away from over 650 linear feet of one of Turks and Caicos Islands’ most famous, and historic beaches, Babalua Beach.

The initial development plan is to build an exclusive private residential enclave that would offer a selection of high end, luxury properties ranging from Majestic Estate Villas, to Luxury Estate Homes and Cool Beachfront Cottages, all with gracious homeowner amenities and services. Each property has been designed by the renowned architect Ron Shaw, with contemporary Caribbean styling and a sleek modernism that has fast become the new Caribbean, a must-have for those who not only want value and today’s modern standards in construction and style, but also maximizing the efficiency, comfort and ease of their residence.

The developers of the Babalua Beach Residences place a priority on developing properties with the highest standards of quality, distinguished by the finest architectural details with the utmost attention to the right combination of style and luxury. To top it off, they’ve engaged the landscaping services of Tuckers Hill.

As a result, the they believe that this site would be the perfect location for an exclusive Private Residence Luxury Enclave of homes, which would be a unique, "one of a kind" property for you and the Turks and Caicos Islands. The goal is to deliver an island experience that cannot be otherwise experienced in the Turks and Caicos.

Posted August 15, 2011

The Turks and Caicos Islands. Every once in a while we come across a property that has blended perfectly every element of luxury Caribbean architecture, and the beauty of the islands. Designed by the award winning architect Ron Shaw, of R.A.Shaw Designs  is the exclusive Babalua Beach Residences. The true essence of the luxury Caribbean lifestyle.

Located on the North Shore of Providenciales Babalua Beach Residences has been designed with the ocean in mind. Stunning elevated vistas of the Atlantic offer you guaranteed views and the highest standard of luxury living, just steps away from over 650 linear feet of one of Turks and Caicos Islands famous white sandy beaches. 

With all of the amenities expected of a luxury escape, each residence has its own pool and beach access. Minutes away from the islands best restaurants and shopping, the Babalua Beach Residences are paradise.

A historic 6 acre beachfront property located on the North Shore of Providenciales is the ideal setting for the newest development in Turks and Caicos. The initial development plan is to build a small exclusive private villa neighborhood.. As a result, the developers believe that this site would be the perfect location for an exclusive Private Residence Luxury Enclave of homes, which would be a unique, "one of a kind" property for you and the Turks and Caicos Islands. The development goal is to deliver to the Private Residence Luxury Enclave members a bespoke island resort experience that cannot be otherwise experienced in the Turks and Caicos.

The proposed Babalua Beach Residences will include four principal estate homes and additional one and two bedroom villas.

Regency International Estates are proud to have been selected to represent these amazing properties. Please contact Katherine (649) 441-1151 or Robert (649) 244-1153 email: info@tcibrokers.com and schedule a tour of the fully upgraded model home, please note a minimum of 24 hours notice is required. All Pricing Upon Request.

The Standard Four Bedroom Estate Villa features beautifully modern interiors gracefully coupled with amazing outdoor spaces that bring the beauty of the islands azure waters, and powder soft beaches to your very doorstep. Villa placement and architectural detailing on over half an acre maximizes the panoramic views of the North Shore, and the beautiful Babalua Beach. The villa is being offered pre construction and is a remarkable 4,782 square feet with 4 spacious bedrooms, gourmet kitchen, open living area and an amazing infinity edge pool. The Standard Estate Villa comes with full upgrade package and is priced unfurnished. The fully upgraded MODEL HOME can be viewed by appointment.

Price Upon Request

Also available is the first Babalua Beach Estate Home, a 3 bedroom, 3 bathroom, 3,200 square feet (approx) oceanview property offering the same modern Caribbean designs and high quality finishes as the Estate Villa, but at a lower price point. Many options and upgrades to choose from, including but not limited to travertine tile floors, custom designed wood doors,cabinetry and millwork, granite countertops,solid core raised panel doors, hi end hardware and top quality stainless steel appliances. The villas also move toward a Greener and more cost effective lifestyle with energy efficient air conditioning systems & instantaneous hot water heaters. The Turks and Caicos Islands and its beautiful waters and amazing beaches are a slice of paradise.