Turks & Caicos Islands Real Estate Services

WAS THERE PIRATES ON PARROT CAY. ONCE KNOWN AS PIRATE CAY ?

As a young boy I was always fascinated with Pirates, as I am sure many youngsters still are. But for me, I just never seemed to grow out of it, leaving me thirsty for more. As fait would have it, and in my much younger days, I became a salvage diver.Ultimately finding myself on an extraordinary Treasure Hunting expedition that would transport me through the Caribbean looking for Pirate Treasure. And much more interestingly, 

searching the amazing islands of the Turks and Caicos. Still fascinated with the many Pirates that frequented our beautiful shores, I continued to research the TCI and its own unique and extraordinary Pirate History. One of the most exciting of legends is that of my most favourite, and incredibly special islands of Pirate Cay, now known as Parrot Cay. Stories tell of a cluster of small cays comprising Water, Pine, Fort St. George, Dellis, Grouper and Pirate Cay [Parrot Cay]. These cays were the reputed sanctuaries of Anne Bonny and Mary Read, the famous lady pirates, and Parrot Cay is thought to be corruption of Pirate Cay. The thing is, theres not much recorded as it relates to Pirates in this area...until now!!! Over the years I continued to research, and in doing so collected some very interesting documents, maps, charts, and old books. Foremost is what I am sharing today, an 'original' record and charting from 1768 and ordered by the French Department of the Navy & the Kings Frigate L'Emeraud. The justification for claiming Parrot Cay [Pirate Cay] as a Pirate haunt can be found on Pages 64 and 65, falling under the heading "Water Cove & Pine Island" accompanied by Map [Plate XIX]. It notes that this Bay which is frequented by the English, & which makes a very good retreat for Corsairs [ie PIRATES], whence they would be will in range of worrying the ships that disembogue [from Haiti]. Water Cove is easy to recognize, because at one league from one league from the Three Maries, to the Southwest of these three rocks , you discover that the cost forms a large bend, who's tip ends at the West point which from there is almost out of view...[ a detailed description of what Nicholas Bellin calls Pine Island follows, and on Page 68 where he remarks that the potable water on the island could serve to provision 50 ships!] Water and Salt being worth as much as gold in those days. I will post a further and very interesting piece that relates to the North West point of Providenciales, and the cove by Amanyara once known as Canoe Cove....Very Interesting!!! Thanks to Mr. Marvel with the translation. The man who knows the most about our Pirates.

Report: Wealthy continue to pay top dollar for trophy properties

There are more billionaires worldwide now than before the 2008 financial crisis and 55 percent more millionaires than in 2000, the report said.

This is particularly true for buyers from countries where local economic uncertainty encourages the rich to park their cash in international cities least affected by the global downturn. In seven of the 10 cities studied, more than 30 percent of the luxury homebuyers were from other countries.

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

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

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 Vivian Tyson, Senior SUN Editor

• Mon, Jan 07, 2013

The SUN has learnt that Dolmen Import and Export Ltd, the construction company which carried out construction of the Our Lady of Devine Providence Roman Catholic Church in Providenciales may be awarded the contract to undertake the second phase of the Providenciales International Airport expansion.

However, Government is saying that no official award has made, and that it is unlikely that one would be made before the New Year. 

Dolmen Import and Export Limited is a joint venture between a Turks and Caicos Islander and a company from the Dominican Republic.

Tender for the project went out about two months ago. A preliminary bidding was held and the number was weeded down to four – Jaca TCI, Dolmen, Turquoise Construction and North Star Ltd. The preliminary process looked at, among other things, the bidder’s capacity and the ability to successfully carry out the job. It is understood that from the four, Dolmen was the lowest competing bidder.

When contacted, a source at Dolmen told The SUN that, while the award was not official, they have reason to believe that they have the recipient. 

When contacted, the Airports Authority confirmed that the process had run its course, but declined to state whether or not a preferred bidder was chosen, rather, referring us to the relevant minister of government for a comment. 

When contacted, Premier for the Turks and Caicos Islands Dr. Rufus Ewing noted: “No official awarding of tender was made. They went through the tender process but no official award was made. There are few things that need to come to the House. And more than likely an award may not be granted before the New Year.”

Airports Authority said at the launch of phase two back in the summer that the terminal expansion project would not only offer better facilities for passengers, also but provide it with the room to expand over the next 15 years.

The second phase is a US$10m redevelopment of passenger facilities there. The announcement for the commencement of that segment of work was made on Tuesday, 31 July this year. It will include the expansion of existing terminal building and the construction of a larger car park.

On completion, according to the Turks and Caicos Islands Airports Authority, passengers will be able to enjoy expanded check in counter areas and self check in facilities, additional bathroom facilities, larger retail space for shops and restaurants, and improved medical amenities. 

The entity disclosed that, the expansion will nearly double the size of the terminal to better accommodate the 500,000 passengers who pass through the airport each year, since the expansion in capacity will increase from 51,462 to 92,321 sq ft.

The second phase of work will be done in three phases. The first will include the construction of a new traffic circulation system, an extension to the existing west car park, and extension of the departure Lounge.The second phase will continue with the extension on the international check in area, security check point as well as the arrivals hall. 

The third and final phase will include the domestic departures and arrivals area, completion of car park and aesthetics, including water features.

By Sami K. Martin , Christian Post Contributor

January 1, 2013|3:14 pm

Are Angelina Jolie and Brad Pitt married? Rumors have surfaced that the power couple tied the knot on Christmas Day while vacationing in the Turks and Caicos Islands.

News comes from a local who told a paper that the two exchanged vows after several years of dating and "will they or won't they" speculation.

"They are at Donna's house [Donna Karan], without Donna, and have been loving the island because it is so secluded," the local said. "Angelina's taken the kids to Karan's yoga spa. They've been running around the house with no care in the world, and relaxing. There are 22 people in all in their group. No nannies have been seen."

The couple would have had plenty of privacy if they had exchanged vows in the islands, especially given the seclusion of Karan's property. Pitt's parents, his brother Doug and sister Julie have been included in the vacation, and they would have been perfect witnesses for the exchange.

The two announced their engagement in April after seven years together. In Touch Magazine reported that their wedding rings had been picked up in November by a "stylist for the actress who picked up the rings from Neil Lane jewelers."

"The time is nigh. It's soon. I've got a good feeling about it," Pitt told reporters at the red carpet premiere of his film "Killing Me Softly." "I am getting more pressure from my kids, and it is something I want to do within their lifetime, but I also feel like the time has come," he added.

Pitt and Jolie have each been married already, with Pitt famously married to Jennifer Aniston and Jolie to Jonny Lee Miller and Billy Bob Thornton. Jolie wanted to have more children, which was the reason for the split with Thornton; she and Pitt met and started dating while filming 2004's "Mr. and Mrs. Smith." Pitt then divorced Aniston so the couple could be together.

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.”

  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:

Within the Turks and Caicos Islands, the pristine private island of Pine Cay is an oasis of tranquility.

The island spans over 800 acres, nearly 600 acres remain wild, and memberships are strictly limited to protect this treasure. The island offers fishing, hiking, snorkeling, kayaking, hobby cat sailing and beach combing all at your doorstep. It remains uncrowded, peaceful and beautifully natural yet has a number of non-stop easy flights from the US, Canada & UK.  

Turks & Caicos Islands is a world renowned fishing destination for both deep sea fishing and for bone-fishing on the banks, both just minutes from the Pine Cay marina docks. Whether you choose to keep your own boat at the Pine Cay marina, charter the club boat, or go with a private charter operator from Providenciales you have a myriad of choices of where to fish, what to fish for, when to fish, how to fish....so go fish!!