Author Archives: Turks & Caicos Sotheby's International Realty

Unknown's avatar

About Turks & Caicos Sotheby's International Realty

Offering the very best Turks & Caicos real estate, Turks & Caicos Sotheby’s International Realty is the leading luxury real estate brokerage firm in the Turks & Caicos Islands. We provide an unprecedented level of product and market expertise in all facets of Turks & Caicos real estate properties, including condominium development, homes, villas and land. Turks & Caicos Sotheby’s International Realty is the result of a merger with Connolly Zahm Properties, which featured the CZP Collection – the finest collection of luxury condominiums – and Turks & Caicos Realty, which began operations at the beginning of 1990 and was a leader in luxury real estate properties, home and villa real estate sales, as well as, the most recent merger with Tropical Paradise Realty which brought seven more experienced real estate agents to our office strengthening our market position and our brand. TCSIR with its extensive experience, can optimally assist you in achieving your Turks & Caicos real estate ownership and Turks & Caicos real estate investment goals.

Introducing Villa Turquesa

Posted on by

A fusion of luxury and casual living define this rare tranquil residential estate nestled within the coveted Ocean Point Drive Community on Sapodilla Bay. Elevated above the emblazoned turquoise waters the Colonial Barbadian architecture has left no details overlooked. From the inviting balconies and terraces to the masterfully framed private infinity pool, this 3560 sq. ft. 4 bed, 4.5 bath home is replete with classic detailing and master craftsmanship. The classic design of this prime estate affords breathtaking views from every room. The upper floor master suite is complete with custom trayed tongue and grove ceilings, fine furnishings and wood floors. The large airy living and dining spaces with beamed vaulted ceilings are capable of hosting formal occasions, but are just as enjoyable for intimate family living. Among the interior highlights are the state of the art professional grade kitchen with modern amenities, complimented with custom hand crafted trim cabinetry and doors, finished with meticulous detail from the grand era of days gone by. The gentle white washed Barbadian Coral Stone exterior, Carriage car park and storage space blends artfully with magnificently landscaped grounds, all flowing together, defining a Caribbean residential masterpiece.

Mark Mills
Sales Associate
Turks & Caicos Sotheby’s International Realty
t 649-946-4474 c 649-242-0551

View Villa Turquesa

Five Turtles Villa – Outstanding Value

Posted on by

Five Turtles Villa – Outstanding Value – Priced at $2,500,000

There is a certain sumptuous Caribbean ambiance bordering on a Mediterranean flair which defines Five Turtles above all others. You will be able to savour and determine how this has been achieved when you view this beautiful, single storey beach villa. Five Turtles enjoys a flowing design for comfort, ease and sheer elegance. The lush private entrance accented by a peaceful waterfall immediately sets the scene for what is to come. Built in 2003 of block and poured concrete, cedar shingle roof, 3,000 sq ft, AC in all bedrooms, large swimming pool enhanced with 5 decorative turtle motifs, large entertainment and sunbathing patio (with shaded area), cable TV, internet access, tennis courts, fully furnished and beautifully landscaped. Set within 0.5 acres with ocean and beach views it is ideally located to soak in the mesmerizing sunsets, and the tranquil, clear, turquoise waters of Sunset Bay. Come sooth your soul at Five Turtles.

Contact: Karen Biker, Turks & Caiocs Sotheby’s International Realty, 649-231-0217

Turks & Caicos Islands Relaxes Immigration Requirements for Long-Stay Tourists

Posted on by

MINISTRY OF BORDER CONTROL & LABOUR
GRAND TURK, TURKS & CAICOS ISLANDS, BRITISH WEST INDIES
TELEPHONE: (649) 946-2801/Ext 40710 FAX: (649) 946-2885
TCI relaxes immigration requirements to encourage business and long-stay tourists
Leave to enter and remain for bona fide visitors tripled to 90 days

TCI is more open than ever for business and investment: That’s the message the Ministry of Border Control sent today as it announced the tripling from 30 to 90 days of the maximum period businessmen, tourists and other genuine visitors without seeking an extension of stay.

The rules, promulgated in guidance to ministry staff today, were made in an amendment to the Immigration Ordinance on January 16, 2009 which says that, instead of 30 days, Immigration Officers granting entry to a visitor should normally give leave to enter and remain for a period not exceeding 90 days. Effective May 1, 2010, the amendment allows Immigration Officers to grant leave of less than 90 days in cases where there is doubt as to the visitors’ intentions but it is expected that this provision would only be used sparingly. Importantly too, strict measures would still be in place to deal with any abuse.

On making the announcement, Clara Gardiner, Permanent Secretary at the Ministry of Border Control and Labour said: “As we look to bring on economic recovery, it’s key that we make it clear that TCI welcomes genuine visitors and investors to the islands. Our new 90-day policy is intended to reflect that.

“Take for example a retired couple from abroad who own property in the TCI and wish to visit for a long vacation, or the investor supervising the setting up a new business. There’s no reason we should be making them hurry home or seek multiple extensions. Such visitors are not competing in the local job market, nor do they place a burden on public services. But they do contribute significantly to the local economy and give generously to local charities and community events. People like these should be welcomed to these shores: TCI should be encouraging them to plan for an extended hassle-free stay.”

Villa Renaissance – Suite 103 – Price to Sell at $695,000

Posted on by

Villa Renaissance – Suite 103 – Price to Sell at $695,000

The powdery white sand is soft with every step…the crystal turquoise ocean is the only backdrop to this magnificent encounter….Villa Renaissance. Not just a hotel or resort, but Providenciales only Grand Villa Retreat. Welcome to Turks and Caicos’ beachfront sensation!

Experience tranquility and the pure beauty of Grace Bay beach in this beach level suite. The classical two bedroom floorplan (1,582 sq. ft.) feels like a home directly on the beach with wonderful ocean views and lush landscaping surrounding the Juliet Balcony. Outdoor and indoor living areas are integrated with disappearing pocket sliding doors. This suite offers all the comforts of fine Island living to its owners and posts a successful track record in the property`s rental program.

Link to Property: Villa Renaissance – Suite 103

Grace Bay Club Villa B203 – Reduced to $1,050,000 – Priced to Sell!! NOW SOLD!

Posted on by

Grace Bay Club Villa B203 – Reduced to $1,050,000 – Priced to Sell!! NOW SOLD!

The Villas are far from just another beachfront condominium project. This is ownership completely integrated into the Grace Bay Club, providing owners with full use of all five-star amenities and services as well as the benefit of international management expertise. Ownership in the Villas provides residents with the ultimate in beachfront living within an established and award-winning resort.

The property boasts multiple oceanfront fine and casual dining venues, Anani Spa, fitness, business center, and adult and family friendly pools. An affiliate of Leading Small Hotels of the World and American Express Fine Hotels & Resorts, Grace Bay Club is known for excellent service, luxury accommodations, solid room rates, steady occupancy, and easy access from major cities in North America. This gives owners peace of mind that, not only will their residences be managed well when they are not using them, but will also have strong potential for revenue, and have excellent track record in the resort’s successful rental program.

These sought after residences split up into two separate beachfront units including a lockout “Junior Suite” ideal for optimum rental income. Designer furnishings make this a unique offering as owners can enjoy Grace Bay Club’s renowned services and amenities combined with the privacy of a beachfront home.

Link to this property: Grace Bay Villa B203

TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

Posted on by

FOR IMMEDIATE RELEASE

CONTACT:

Turks & Caicos
Sotheby’s International Realty
649-946-4474
info@tcsothebysrealty.com

TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

Providenciales, TCI (April 28, 2010) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, TCI, recently participated in the
2010 Sotheby’s International Realty® Global Networking Event.

This dynamic, three-day event provided a unique opportunity for all sales associates, managers and owners who are members of the Sotheby’s International Realty network to connect, exchange ideas and forge relationships designed to help build their businesses and drive new leads to their listings.

“The annual Global Networking Event provides a unique value to our firm and agents,” said Nina Siegenthaler, Director/Broker, Turks & Caicos Sotheby’s International Realty. “It allows our firm to share ideas and best practices with our fellow brand professionals from all over the world. We also had the opportunity to learn more about the real estate business worldwide through informative breakout sessions on a variety of topics.”

The event was held April 12 to 15 at the Manchester Grand Hyatt San Diego in San Diego, Calif. Keynote speakers were Benjamin Zander, conductor of the Boston Philharmonic Orchestra, and Matthew Ferrara of real estate consulting firm Matthew Ferrara & Company. Guest speaker and three-time Olympic medalist Julia Mancuso spoke about her Olympic experiences and work ethic.

Turks & Caicos Sotheby’s International Realty, which has offices in Providenciales, TCI, offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele.

As a Sotheby’s International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. Property listings from Turks & Caicos Sotheby’s International Realty also are marketed on the sothebysrealty.com global Web site, as well as on the firm’s local Web site, tcsothebysrealty.com.

“The Global Networking Event enables Sotheby’s International Realty affiliates from around the world to join together to share their collective insights and experiences, highlighting the true strength of the Sotheby’s International Realty network” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “Every individual attending this conference is committed to working together to help us grow our network, and we appreciate their ongoing dedication and enthusiasm.”

Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay. For additional information, please contact 649-946-4474.

###

The Government of Turks & Caicos Announces Reduced Stamp Duty

Posted on by

The Government of Turks & Caicos Announces Reduced Stamp Duty
April 26, 2010

The new fees apply to all islands except North Caicos, Middle Caicos, East Caicos, South Caicos, Grand Turk and Salt Cay, which are 50 percent of the following rates:

Less than $25,000—no duty.
$25,000-500,000 — 4%
3.6% — one payment
1% — four payments

$500,000-1.5 million — 6%
5.4% — one payment
1.5% — four payments

$1.5-3 million — 8%
7.2% — one payment
2% — four payments

More than $3 million —10%
9% — one payment
2.5% — four payments

“The new stamp duty schedule is welcome news to the real estate industry and for the TCI economy. The combination of significantly lower rates at all but the uppermost tier, and the ability to pay the stamp duty either up front at a 10% discount, or over 4 years at the full rate, will provide much needed stimulus for buyers in the short, mid and long term. It reflects forward thinking on part of the TCI government, and is the result of effective communication amongst the Turks and Real Estate Association, The Council of Business Associations and the TCI Government”.

Joe Zahm
President / Broker
Turks & Caicos Sotheby’s International Realty

Sotheby’s International Realty® Network Collaborates with The New York Times

Posted on by

FOR IMMEDIATE RELEASE

CONTACT:

Turks & Caicos
Sotheby’s International Realty
649-946-4474
info@tcsothebysrealty.com

Sotheby’s International Realty® Network Collaborates with The New York Times

Providenciales, TCI (March 31, 2010)— Turks & Caicos Sotheby’s International Realty in Providenciales, TCI announced that the Sotheby’s International Realty network has formed a collaboration with The New York Times to showcase unique properties from its network’s approximately 500 offices in 38 countries and territories worldwide throughout the publication’s Web site, http://www.nytimes.com.

The relationship will promote the Sotheby’s International Realty network’s listings exclusively in slideshows throughout the publication’s online real estate section, called Great Homes and Destinations. The brand’s offices will be showcased exclusively on select “Style Maps” located on The New York Times’s online T magazine throughout the year.

Sotheby’s International Realty advertising also will be in “Featured Properties” found throughout the section and in an expanding ad that will feature the brand’s latest listings by lifestyle. Finally, consumers that download The New York Times’s new Real Estate iPhone application will have access to properties represented by the brand worldwide.

“This relationship brings together two brands renowned for quality in their respective fields,” said Wendy Purvey, senior vice president, marketing, Sotheby’s International Realty Affiliates LLC. “Our goal is to provide our network members access to the valuable exposure this collaboration offers. It will provide an opportunity to present their many fine listings from all over the world to an international audience.”

“This relationship is an exciting tool for Turks & Caicos Sotheby’s International Realty’s clientele, and a key component to our overall marketing strategy for the homes we represent in the Turks & Caicos Islands real estate market,” said Joe Zahm, President/Broker. “Turks & Caicos Sotheby’s International Realty is proud to offer its clients such a unique and effective way to position their homes in front of an international audience of well-qualified buyers.”

Turks & Caicos Sotheby’s International Realty represents perhaps the most experienced base of sales agents and experts in the industry, with over 60 collective years experience in the Turks and Caicos Islands. Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay, Providenciales.
The Sotheby’s International Realty® network currently has more than 10,600 sales associates located in approximately 500 offices in 38 countries and territories worldwide.
About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit http://www.sothebysrealty.com.

###

Sotheby’s International Realty® Network Continues Relationship with The Wall Street Journal

Posted on by

FOR IMMEDIATE RELEASE

CONTACT:

Turks & Caicos
Sotheby’s International Realty
649-946-4474
info@tcsothebysrealty.com

Sotheby’s International Realty® Network Continues Relationship with
The Wall Street Journal

Providenciales, TCI (March 31, 2010)— Turks & Caicos Sotheby’s International Realty in Providenciales, TCI announced that the Sotheby’s International Realty network is continuing its exclusive relationship with The Wall Street Journal to present the many values of real estate as a long-term investment and showcase unique properties from across its worldwide network’s approximately 500 offices.

As part of the relationship, the Sotheby’s International Realty brand and The Wall Street Journal will continue to co-host The Business of Extraordinary Living on the publication’s Web site, http://www.wsj.com, designed to provide insights into the real estate market from the brand’s worldwide network. The Business of Extraordinary Living officially launched in March 2009.

Several enhancements have been made to The Business of Extraordinary Living for 2010 including a new addition to the Address section, called The Address Blog, in which a brand network member will discuss a real estate relevant topic with users. Also, a Featured Listing section has been added to the Address and Brand sections in which listings representative of Sotheby’s International Realty offices from the area the user is located in will be featured through geographic targeting.

In addition, a Journal Community has been added to the Insights section for users to join and discuss real estate, and a Company Happenings section has been added to the Brand page to showcase the latest events taking place in the network.

“Our exclusive relationship with The Wall Street Journal has proved to be a very effective tool for promoting the fine homes represented by our network among this critical audience. In fact, three-quarters of those who visited The Business of Extraordinary Living expressed likelihood to consider using the Sotheby’s International Realty brand for a future real estate purchase, and more than 76 percent of those who visited it found it to be helpful,” said Wendy Purvey, senior vice president, marketing, Sotheby’s International Realty Affiliates LLC. “Our enhancements for this year will offer locally-driven features that further demonstrate our reach.”

The brand expects to increase exposure of The Business of Extraordinary Living by 62 percent this year, delivering 60 million impressions, which is double the exposure delivered in 2009. This year the brand also will receive premier placement in the Featured Homes portion of The Wall Street Journal’s online Real Estate section.

“The Business of Extraordinary Living has been an effective tool for our firm in promoting the value of real estate in the Turks & Caicos Islands real estate market, and one that we have access to through the Sotheby’s International Realty brand,” said Joe Zahm, President/Broker. “The power of this partnership is that it enables us to get the properties we represent directly in front of a global and highly-targeted audience.”

Turks & Caicos Sotheby’s International Realty represents perhaps the most experienced base of sales agents and experts in the industry, with over 60 collective years experience in the Turks and Caicos Islands. Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay, Providenciales.
The Sotheby’s International Realty® network currently has more than 10,600 sales associates located in approximately 500 offices in 38 countries and territories worldwide.
About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit http://www.sothebysrealty.com.

###

Sotheby’s International Realty Brand Honored by Franchise Business Review

Posted on by

Sotheby’s International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054

FOR IMMEDIATE RELEASE

Sotheby’s International Realty Brand Honored by Franchise Business Review

PARSIPPANY, N.J. (March 3, 2010) – Sotheby’s International Realty Affiliates LLC today announced it won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the third year in a row.

The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 5th annual Franchisee Satisfaction Awards presented by Franchise Business Review. Sotheby’s International Realty Affiliates LLC also was ranked third overall among all franchise categories with more than 200 locations. This is the third year that the Sotheby’s International Realty® brand was rated in the top 10 of all award categories.

“We are so honored to receive this recognition for the third year in a row,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “It demonstrates we are continuing to provide our franchisees with the support, tools and resources they need to excel. The fact that this award is based on direct feedback makes it very significant for us and a true testament to the value we provide our members.”

Franchise Business Review surveyed franchisees from more than 500 leading systems, representing more than 100,000 franchisees, for the 5th annual Franchisee Satisfaction Awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year’s award winners, go to http://www.FBR50.com.

“We have surveyed thousands of franchisees, representing almost all of the leading brands in the real estate sector,” said Eric Stites, president, Franchise Business Review. “The Sotheby’s International Realty brand’s owner satisfaction is exceptionally high and a direct reflection of the unique business opportunity created by their team and parent company, Realogy Corporation.”

The Sotheby’s International Realty network currently has more than 10,600 sales associates located in more than 500 offices in 38 countries and territories worldwide.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit http://www.sothebysrealty.com.

###

MEDIA CONTACT

Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby’s International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054
(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com