Turks & Caicos Islands Real Estate Services - Regency International Estates


by RIE

The Regent Palms celebrates in style as it reaches its eighth year anniversary and the addition of yet another prestigious world class award to its credit.

Recently being named "World's leading Spa Resort" by the World Travel Awards, the industry's "equivalent to the the Oscars" according to the Wall Street Journal.

In attendance was a host of dignitaries, joined by Mr. Stan Hartling who is the Regent Palms visionary, and of course the many key team members who are ultimately responsible for the success of what is undoubtedly one of the premier luxury resort properties in the Turks and Caicos Islands. 

Such milestones place emphasis on the long term success the Regent Palms enjoys. It shows a commitment to a high level of achievement within the industry, and provides unparalleled service, lifestyle, and confidence to its ownership and guests alike.

Situated on one of the "Worlds Best Beaches" the Regent Palms matches this world class notoriety by providing a "World Class Property".The Regent Palms is a luxurious Beachfront Condo Resort property offering private ownership of its spectacular  beachfront and Oceanview condominium suites.Turks and Caicos Islands real estate ownership is safe, secure and guaranteed by the British Crown. 

The Turks and Caicos Islands enjoys is a Zero Tax Jurisdiction and boasts a rapidly strengthening real estate market. Take advantage of the Regent Palms award winning achievements by exploring our strong investment and income potential, and a lifestyle only provided by the Turks and Caicos Islands.

For more information on The Regent Palms Offerings please contact us today:

View Properties Here:Beachfront Condo Resort Category.

Stan Hartling Makes An Exciting Announcement About The Shore Club.SEE OUR NEXT POST FOR DETAILS

 

 

 

 

 

 

 

 


by RIE

Restaurant, Bar, and Nightclub. 

Potential Hotel & Casino.

Some of the best Commercial Real Estate for sale in the Turks and Caicos Islands.

The property for sale is an amazing Restaurant and bar with the possibilty of a Hotel Casino.

Just 2 minutes from Grace Bays Tourist hub, and on the main stretch of road passed in order to get reach the islands top resorts.

A highly visible 11 lot, 6.30 Acre, 1,000 linear feet of road front zoned (c) Commercial/Tourism Related property, with endless possibilities. including Hotel/Casino.

On the property is a newly renovated Restaurant and Bar nearing completion, and Nightclub now under construction. Over 1,500 square feet of interior restaurant space with kitchen equipment on site, and massive 4,000 + square feet of deck/outside seating area.

The Nightclub, now under construction, spans over 6,000 square feet with amazing plans in place. This is undoubtedly a developers dream, offering "Location", "Opportunity", and "Investment Potential".

If your looking to get a foothold in a strengthening market with a strong tourist sector in need of entertainment, this is for you. Please ask us about potential partnership !!!!

More info:

One thing that needs to be noted is that theres NO INCOME TAX, CAPITAL GAINS TAX, NO ANNUAL PROPERTY TAX, AND NO INHERITANCE TAXES in the Turks and Caicos Islands. There are also NO RESTRICTIONS ON FOREIGN OWNERSHIP...

Offered at: $2,200,000USD


January 15, 2013

Home Ownership on Pine Cay

by RIE

Posted on December 3, 2012 by Meridian Club

A Homeowner’s Perspective

I first came to the private island of Pine Cay, with my wife, in the late 1980′s to indulge our passion for bonefishing.

Her eyes opened wide when she saw that it wasn’t just another rustic fishing camp of the kind we had visited on countless occasions in various out-of-the-way locations around the globe. This place was (and still is) unique – seclusion, safety, a top notch restaurant and all of the comforts of home; not to mention a gorgeous jewel of an island with a friendly staff and a wonderful environment for children. Oh, and excellent fishing to boot. We returned several times over the next couple of years, with our children and other family members, and found ourselves enjoying it more each time. Although we had never considered owning a vacation home outside of the U.S., after a few visits we began looking at several properties that were for sale on Pine Cay.






Becoming a Member of the Community

Members of the Board of Governors of the homeowners association were very helpful in explaining the process and requirements for joining the association. We negotiated a mutually agreeable purchase price for an existing home, applied for membership in the homeowners association and, since we had become acquainted with a many members during our several visits, were delighted to find ourselves approved fairly quickly.

The Following Years

We’ve now been homeowners for over 20 years and have never regretted our decision to own property on this private island hideaway. The Turks and Caicos Islands have changed significantly over the years. 

Providenciales (“Provo”) is a far different place than when we first came here. Some of the changes have been constructive – better medical care and other important services, many good restaurants and a variety of well-stocked stores for example – but it is a very busy place as opposed to the peaceful, laid back island it was years ago. Some would say it grew too much, too fast. While change is inevitable and Pine Cay has changed a bit too, the character of the island and resort has remained the same. There are several more homes on the island now and almost all members have the usual assortment of modern conveniences in their houses, including telephones and internet capability. However, development is strictly controlled (and carefully planned) because we all care about preserving the privacy and natural environment that brought us here in the first place. There are no crowds, honking horns, or blaring music. Travel on the island is by foot, bicycle or electric golf cart. The hotel still has 13 rooms. Our beaches are pristine usually very private and often deserted. Some three quarters of the island is dedicated “green space” and will remain as such. The sense of peace and tranquility is unmatchable.

The Benefits of Home Ownership

The Meridian Club has excellent management and a professional security staff to watch over our homes while we are not here. There is also a highly skilled maintenance staff on island year-round to address problems that may occur, which is tremendously reassuring to homeowners who reside far away much of the year. When we come to Pine Cay, the housekeeping team opens and cleans the house in advance so we need only relax from the rigors of today’s air travel. Management will also stock the refrigerator if we wish, although many members now stop at the IGA on the way from the airport or take a Club boat over to Provo on the regular weekly grocery shopping trip. We, like many other members, have our own boat, which enables us to go fishing, snorkeling, diving for conch, shelling and exploring on our own. Pine Cay has an accomplished Marine staff to deal with engine maintenance and repair for those of us who are not mechanically inclined. There are member docks, a fuel supply on island and boat storage facilities. The Meridian Club hotel operation enables members to enjoy this wide range of important services at a lower cost than otherwise. Some members choose to rent their homes through the Club’s rental program to further mitigate expenses. The membership of the Pine Cay Homeowners Association is diverse, encompassing people from a number of different countries and many different backgrounds. Despite these differences, it is a congenial group bound together by a common “sustainable” vision. We have formed a number of fast friendships here with fellow members and Turks and Caicos Islanders alike. Our children, and now our grandchildren, continue to visit regularly.

Available Properties

At the present time there are an uncustomary number of properties for sale on Pine Cay. While this might raise concern for someone who is thinking of buying property and joining the association, that would be a mistake. The fact is that most of the sellers are in their 70s and 80s. After thoroughly enjoying the island for many years (some were among the earliest homeowners on Pine Cay), they have reached the stage in life where circumstances have (or may soon) interfere with their ability to continue coming and/or enjoying Pine Cay. Thus, this in an unprecedented opportunity for someone interested in becoming a part of this unique community, and enables one to choose from a variety of properties in different locations with a wide range of prices. There are several undeveloped parcels on which one can build a home to suit personal preferences. Theexisting homes on the market run the gamut in terms of size, style and features. Presently, there is no place else in the Caribbean where one would have such a range of choice in purchasing property on a private island.

The only regret we have is that we didn’t come to Pine Cay sooner. It is a truly special place.


by RIE

By The Turks and Caicos Sun

Hundreds of jobs will be created in the construction and tourism industry and millions of dollars pumped into the Turks and Caicos Islands economy starting from next year, with news that a development agreement has been reached to re-start the Molasses Reef project on West Caicos.

On Friday December 14th, the Turks and Caicos Islands Government announced the completion of the Development Agreement enabling the recommencement of the Molasses Reef development, a luxury hotel and condominium resort on West Caicos, which has been stalled since 2008. The Development Agreement was completed on the 6th of December while the remaining arrangement necessary for recommencing the project will be completed this week. 

The original project employed 500 people at its peak and expected to create hundreds of jobs on an on-going basis once the hotel was opened; the Government expects similar levels of employment under the new development. The additional phases of the development include luxury villa and condominium developments, which will create further construction work and hospitality industry employment. The investment group expects that hundreds of millions of dollars will be invested in the island over the lifetime of the project.

West Caicos measures 9 square miles and is currently uninhabited. Development of the island began in 2001, but with the credit crisis in 2008 and the collapse of main creditor to the project, the development came to a standstill in the same year. A group of European investors advised by Kew Capital reached agreement with the previous developers, Logwood Development Company, to buy most of their interest in the project, and with the administrator of the original creditor to buy its interest in the land and other assets including the partially built hotel and associated infrastructure.

The project will re-mobilised as soon as practicable and after the new development team has carried out a detailed review of the existing infrastructure and buildings. Subject to this review, the developer looks to start work in 2013 with a view to opening the hotel as soon as possible. 

The Development Agreement, initially signed by Governor Ric Todd on behalf of TCIG , was under negotiation between TCIG, the owners of the development and the new investors for nearly 12 months, and will bring significant benefits to the Government and people of the Turks and Caicos Islands. 

The development is a multi-phased development, which will be a source of construction activity and employment on the island for many years to come. 

Other benefits include enhanced Government revenues through on-going duties, license and other fees, as well as a 25% share of proceeds from the sale of leasehold interests of land located in the southern part of WestCaicos. Also the agreement reached with the new investors yielded the Government $7.6 million including stamp duty, through the completion of land sales that had previously been agreed but not completed. 

The new development team has ambitious plans for making an environmentally sustainable development on West Caicos and will work closely with the various government agencies including the Planning Department and Department of the Environment and Costal Resources among others. A key part of the Development Agreement designates much of the island as a Nature Conservancy, which the project team has undertaken to maintain, preserve and protect. 

His Excellency Ric Todd, the Governor of the Turks & Caicos Islands, commented: "I am glad that the Government and the various parties involved in this transaction have reached a deal that will enable this project to re-start. The project will add to the range of tourism and hospitality offerings, which already makes these islands such a leading tourism destination. This luxury resort development will deliver considerable economic and employment benefits to TCI, and has been very carefully structured so as to preserve the unique environmental and marine heritage of West Caicos. The re-start of the development is a further vote of confidence in TCIand in the current investment policy of the TCIG.”

A spokesman for the investment adviser, Kew Capital said: “We are very pleased to have advised on this investment in TCI. We have worked hard along with the Government to bring it about, and we look forward to the project recommencing with the new development team. The investment reflects our conviction that TCI has a great tourism base and has enormous further tourism potential. We know this project comes with a great deal of responsibility; West Caicos is a beautiful island and we are determined to ensure that the new development is sensitive to its environment and to this end we will work closely with the various Government agencies as well as the newly elected Government.”


by RIE

  Centrally located Sea Flowers is a canal front inspired Townhouse development located in Turtle Cove.

  Offered at $380,000

 

 

 

 

 

 

 

 

 

 

 

  PHOTOGRAPH TAKEN MIDAIR FROM MASTER BEDROOM BALCONY

 

Sea Flowers is a quiet community that consists of only 24 town homes, and just minutes from the beautiful Grace bay Beach, and the many restaurants surrounding the Marina. he property is beautifully landscaped with a huge central free form swimming pool,Jacuzzi,BBQ area and shaded gazebos

Now on the market is this stunning and unique Town home with upgrades Galore. Spanning over 1,640 square feet, on two separate levels and offers finishes, fixtures, and furnishings usually reserved for some of the islands top resort properties. Further upgrades include surround sound, smoke alarms, security alarms and day/night cameras that show on any channel of the homes televisions. Sea Flowers is conveniently located in the Turtle Cove area, surrounded by shops and restaurants. The Property affords the homeowner a fantastic interior living space with its own private BBQ balcony on the ground floor, and ocean view balcony on the second floor, off the master bedroom. The lower level of the home offers an open plan living space, dining, and grand kitchen. Upper level includes both master and second master each with en suites. A perfect home for the professional who loves boating as the property also comes with dock space right in the marina.

VIRTUAL TOUR:

 

 

 

 

 


by RIE

THE STUNNING WELWYN PENTHOUSE:

This beautiful, impeccably appointed five bedroom Penthouse feels like a private estate with the added benefit of world-class resort management; amenities and services and hassle-free ownership. Impeccable craftsmanship that spans across 5;000 square feet on two separate levels; almost every room takes advantage of exceptional ocean views. No detail overlooked for every inch of this stunning residence, from the gourmet kitchen; majestic vaulted ceiling of the great room; custom moldings; hot tub on the master suite terrace; oversized closets and much more. Owners and guests can indulge at the vast infinity-edged pool; family oriented amenities; gym; full resort services and both fine and casual dining. This Penthouse Property offers a unique Caribbean lifestyle with total luxury just steps from on of the best beaches in the world.

TAKE A TOUR:
Listed at:$2,500,000USD

 

 


by RIE

 

Turks and Caicos Islands’ real estate brokers, Regency International Estates, proudly announce a Christie’s Sale of Distinction on the Caribbean Island of Providenciales. 

The unique Private Island of Emerald Cay has recently been purchased by a private family from mainland North America. The family, who wishes to maintain their privacy, plans to use the island for getaways and to entertain friends and loved ones. This private island is the ideal getaway for a busy family, and is just a 90 minute flight from Miami to the international airport on Providenciales and then a short drive to the bridge access to the 2+ acre Emerald Cay. 

The award-winning home was designed by renowned architectural firm RA Shaw Designs Ltd. and took over six years of construction to reach completion. 30,000 square feet of interior living space is complemented by magnificent outdoor areas that provide many opportunities to enjoy the perfect year-round temperatures of the Turks and Caicos Islands. A sophisticated Crestron system has automated virtually the entire residence, including lighting and air conditioning, as well as the audio system that accompanies the awe inspiring home theatre. A three-storey library with 45 foot ceilings, is one of the many stunning spaces, and has been featuring on HGTV. The master-bedroom pavilion and magnificent rotunda with 45 foot high cypress ceilings are just two of the additional magnificent features of this property. 

We wish the family a lifetime of happy memories in their new home in the Turks and Caicos Islands, the perfect place to come together and celebrate life’s successes. 

 

 

 


by RIE

 

Regency International Estates ~ Exclusive Affiliates of Christies International Real Estate are proud to announce the sale of Emerald Cay.

By Regeny International Estates

28th October, 2012

 

Emerald Cay is undoubtedly one of the most unique and magnificent properties in the Turks and Caicos Islands, if not the entire Caribbean. This spectacular property combines pristine island beauty with high-end, high-tech luxury, wrapped in unparalleled privacy. All the ingredients needed for the ultimate tropical hideaway.

This private island retreat sits on a little over 2 acres of secluded oceanfront property, surrounded by sparkling turquoise waters and access granted by a one-of-a-kind automated "swing bridge". Once entering the estate you are instantly struck by the majestic architecture, unparalleled million-dollar rooms, exquisite finishes, and attention to detail. Emerald Cay offers the ultimate presentation of mans imagination and ingenuity, mixed with the islands natural beauty.  

Katherine Baryluk: Owner and Broker of Regency International Estates

Its breathtaking rotunda sets the tone for an array of dazzling living spaces including the three story great room with 45-foot-high cypress ceilings. A three-story library that took almost 4 years to complete just the finish that can easily sit ten in comfortable reclining leather chairs. This amazing locale also boasts, a tennis court, an 8,000 bottle wine cellar, 10 bedrooms, 11 baths, and approximately 27,000 square feet of living space, boat house, docks, Sunrise and Sunset Gazebos.

Katherine Baryluk and Robert Greenwood, Brokers and Owners of Regency International noted: "We are extremely pleased that there has been a positive outcome, luxury properties such as Emerald Cay have a limited and select clientele. As such, there needs to be a greater depth depth to any marketing effort in order to effectively share such properties with the world. Implementing the many outlets at our disposal, from social media, print, and web, to television shows produced and aired on such popular and focused networks as "WealthTV". Prior to the sale of Emerald Cay, we showcased the estate on WealthTV, receiving the channels highest ratings for their "Private Islands" show. We quickly followed up with a second episode profiling such luxurious private islands as the A-List Parrot Cay. We feel that Caribbean Real Estate is some of the most desired throughout the world, with the future of the Turks and Caicos Islands being bright".  

The Turks and Caicos Islands are seeing a significant jump in real estate sales across the board. We are now in that very desirable position of experiencing the market strengthen, but remain great value as a prime real estate destination.  For a greater and more in-depth look at how the real real estate market is jumping please take a look at our "Q3 STATE OF THE MARKET REPORT".

As the exclusive affiliates of Christie's International Real Estate, we are represented by more than 120 qualified brokerages covering more than 40 countries, affording us the opportunity of sharing distinguished properties in almost every corner of the globe. Much of what we do for our clients such as the stunning Christies Magazine can be found fashionable hotels, private airport lounges, and Affiliate offices across the world. As well as important Christie’s auctions in such cities as Hong Kong, New York, Dubai, London, Milan, Geneva, and Paris.

Whilst we are obviously happy that EMERALD CAY has sold, we now look for the next big challenge.

For further information on what Regency International Estates, The Exclusive Affiiates of Christie's Internatonal Real Estate can do for you, please review our "BLUEPRINT FOR SUCCESS".


by RIE

Recent Real Estate Numbers Show A Strong Increase In Sales.

Regency International Estates - The Exclusive Affiliates of Christie's International Real Estate, continues its responsibility of providing their clients, investors, buyers and sellers, with an in-depth, 3rd Quarter "State of the Market Report" containing current and detailed information on the real estate market 

As noted by Katherine Baryluk, Owner and Broker, "We can see that there is significant movement in high level, prime properties, and impressive forward movement in the islands' key infrastructure. This in contrary to an economic trend that has seen islands in the Caribbean put many important projects on hold. The last few months have translated into a considerable increase in investor confidence, and a desire by significant parties to enter and/or return to the TCI."

Katherine continued, " Property prices are up, sales are up, and tourism has increased, but great value and opportunity still remains.  Our clients are looking for a tangible investment, detaching themselves from thefragility of their own markets, and unknown changes in their political and taxation structures. 

They are providing themselves and their loved ones a legacy purchase, not just a smart investment for the future, but one that can be enjoyed today."

This is the perfect time for buyers to invest in Turks and Caicos real estate.

 

 


by RIE

Beachfront at the West Bay Club. Some of the Best Real Estate in the Caribbean.

 

A perfect vacation and investment property on one of the worlds best beaches. Located on the 4th floor, this stunning fully furnished 2 bedroom, Beachfront unit is a popular and desired layout in one of the most beautiful and sleek Condo resorts on Grace Bay beach. This 1,850 sq. ft. suite has a layout that splits into two rental units allowing you to maximize your rental income when not in residence. This unit has a positive rental income for 2011 YTD. The architecture of the West Bay Club is reminiscent of some of the finest Caribbean properties with its use of cedar shingle roofs, coral render, aged woods and white washed walls. The Resort features a full restaurant and bar with a unique self-service BBQ area right on the beachfront. A modern fitness center and professional spa service add to the West Bay Clubs amenities, highlighted by a sprawling pool that meanders through a lush & luxurious landscape.

West Bay Club.
2 Bedroom.
2 Full Bath.
1 Half Bath.
1,850 Square Feet.
Income Producing.
List:$880,000USD.

Best Beach in the World.

Virtual Property Tour:

 

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