Arc Sky Villa Penthouse Construction Update – February 2026

Arc Sky Villas - Turks and Caicos Real estate

Occupying the entire top floor of Arc, this five-bedroom penthouse is the sole full-floor residence within the flagship enclave of South Bank Resort. More than 7,000 square feet of wraparound Sky Garden encircles the home, extending daily life into the open air and framing uninterrupted horizon views.

Construction is advancing steadily with the penthouse now fully taking shape. The expansive living spaces, a custom-designed kitchen, fluid indoorโ€“outdoor entertaining areas, and a raised pool terrace poised above the waterline now clearly define the architectural intent of Piero Lissoni.

With panoramic 360-degree water vistas and a singular presence in Turks and Caicos Islands, the Arc Penthouse represents one of the Caribbeanโ€™s most distinguished residential offerings.

Contact the listing agents for more information:

About Turks & Caicos Sothebyโ€™s International Realty 

Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank. 

For more information, please visit www.turksandcaicossir.com

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

Turks & Caicos Sotheby’s International Realty: Winter Insights Newsletter 2025

About Turks & Caicos Sothebyโ€™s International Realty
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.447

Real Estate Sales Associate Michael Fenimore Explores Sailrock Resort, South Caicos

CLICK HERE TO DISCOVER SAILROCK

Michael Fenimore explores the distinctive lifestyle that owners can expect at the luxury Sailrock Resort in South Caicos. Blending refined island living with unspoiled natural beauty, Sailrock offers an exclusive experience defined by privacy, world-class amenities, and effortless elegance.

From panoramic ocean views and elegant residences with personalized service and adventure at your doorstep, Fenimore highlights how ownership at Sailrock is not just a retreatโ€”but a way of life shaped by tranquility, sophistication, and the spirit of the Turks and Caicos Islands.

Find more about ownership opportunities here: https://turksandcaicossir.com/

_______

About Turks & Caicos Sothebyโ€™s International Realty 

Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank. 

For more information, please visit www.turksandcaicossir.com

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

Golf Course Living In the Turks & Caicos Islands

The Palmer: A Smarter Kind of Island Living

Some homes have great views and others have a great address. The Palmer has bothโ€”and then some. A brand-new 2025 build tucked inside the Royal Turks & Caicos Golf Club, this four-bedroom home puts you at the center of everything. Grace Bay Beach is just across the street. Local favorites like Rickieโ€™s Flamingo Cafรฉ and Opus Wine Bar are a short walk away. The setting is peaceful and private, but the best of the island is always within reach.

โ€œAs a location, itโ€™s unbeatable,โ€ says developer Jason Blake. โ€œYouโ€™ve got Grace Bay right there, restaurants close by, and the security and value that come with a golf-course community.โ€

Built Smarter. Built for the Islands.

The Palmer makes a striking first impression within the quiet golf club community: modern lines, elegant landscaping and breezy outdoor spaces. But the real magic is in the details.

Developer Jason Blake spent 37 years in hospitality before turning to luxury homebuilding. That experience shaped every decision here. โ€œWe built this home around how people actually want to live and gather,โ€ he says.

The home is fully insulatedโ€”a rarity in this tropical regionโ€”which keeps energy bills low. Its orientation reduces heat gain, and solar technology powers the plunge pool. โ€œWe turned it on six months ago, and it hasnโ€™t stopped,โ€ Jason says. โ€œItโ€™s like a D-cell battery pool.โ€

The main saltwater lap pool is just as smart. โ€œPeople think saltwater means briny waterโ€”but itโ€™s not,โ€ he explains. โ€œThe salt converts to chlorine and back again. Itโ€™s cleaner, easier and more efficient.โ€

Energy efficiency extends throughout the property, with an ultra-efficient AC system that minimizes power use while maintaining consistent cooling. Clerestory windowsโ€”a hallmark of modern designโ€”fill the bedrooms with natural light without forgoing privacy, while intentional high ceilings help to keep rooms cool.

Outside, the landscaping is intentionally low-maintenance, featuring native plants and astroturf for minimal upkeep. A private cistern system irrigates the trees, ensuring sustainability and self-sufficiency even through dry seasons.

And because island life is meant to be shared, The Palmer was designed for entertaining. The outdoor kitchen and screened dining porch make hosting effortless. The pool terrace is ideal for sunset gatherings. Inside, the layout flows naturally from one space to the nextโ€”perfect for dinners with friends, relaxed weekends with family or cocktail parties under the stars.

The property is also fully fenced for privacy and securityโ€”ideal for pet ownersโ€”and includes a discreetly positioned golf hitting net at the rear of the home for practicing your swing. A two-car garage ensures your vehicle will stay cool and out of the sun, while a propane tank (supporting both the kitchen stove and outdoor BBQ) adds further convenience to this thoughtfully designed residence.

Flexible by Design

The Palmer isnโ€™t just a homeโ€”itโ€™s a sound investment opportunity. The fourth bedroom is a self-contained guest suite with its own kitchen, plunge pool,  laundry and private entrance. That versatility opens up possibilities for both investors and homeowners.

โ€œItโ€™s a dream for investors,โ€ says listing agent MJ Williams. Owners can rent the main home and guest suite separately, stay in one while renting the other, or keep both for visiting family and friends.

Golf lovers will appreciate the setting even more. Living beside one of the best courses in the Caribbean means youโ€™re never far from the actionโ€”whether itโ€™s an early tee time with friends or a sunset stroll within the community. It offers a front-row seat to the islandโ€™s most scenic sport, with the golf course becoming part of your everyday environment. Other Royal Turks & Caicos Golf Club amenities include tennis, pickleball, #19 Restaurant and Bar and future plans for resort-like amenities at The Cay Club. 

 Details That Make It Special

The Palmerโ€™s appeal is in the detailsโ€”and theyโ€™re everywhere.

From the slatted fencing that channels island trade winds to the strategic window placement that fills rooms with soft natural light, every element was designed for comfort in a tropical climate. Every bedroom on the main level also includes its own outdoor shower, giving the option to shower in the warmth of the sunshine, yet with complete privacy.

A showstopping piece of locally sourced driftwood serves as a unique lighting fixture in the kitchen, anchoring the interiors and bringing the essence of Turks and Caicos into the heart of the home.

Outdoors, lemon and papaya trees offer a touch of self-sufficiency, while a series of shaded patios, breezeways and terraces encourage a slower pace of lifeโ€”the kind that blurs the line between inside and out. And the observation deck, overlooking the pool and golf course beyond, was designed with purpose: a quiet perch for morning coffee or an evening drink as the sun sets over the course.

โ€œEverything was deliberate,โ€ Jason says. โ€œWe built this home to reflect how people want to live hereโ€”with great AC and modern interiors, but also plenty of outdoor space, privacy and functionality.โ€

Easy to Love. Hard to Beat.

With four bedrooms, two pools, nearly 4,000 square feet of living space, and one of the best locations on the island, The Palmer checks every box. Itโ€™s private but connected. Sophisticated but easy to live in. Practical but deeply luxurious.

Whether youโ€™re searching for a forever home, a flexible investment or a golf enthusiastโ€™s  retreat, The Palmer proves you donโ€™t have to compromise. Itโ€™s the rare home that delivers on every frontโ€”smart, stylish and built for the way people really want to live in Turks and Caicos.

Interested in making The Palmer your new address? Get in touch with MJ Williams at mjwilliams@tcsothebysrealty.com or 649-241-9240 to learn more about this property or schedule a personal tour.


About Turks & Caicos Sothebyโ€™s International Realty
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

Coral Pavilion, Grace Bay Beachfront, Turks & Caicos Islands: SOLD

Coral Pavilion, a stunningly elegant coral stone residence on the most sought-after stretch of Grace Bay Beach, has been sold.

Congratulations to the sellers on a successful sale and to the new owners on acquiring such an extraordinary home.

Selling agent: NINA SIEGENTHALER


About Turks & Caicos Sothebyโ€™s International Realty

The Top Real Estate Company in the Turks & Caicos Islands
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

Turks & Caicos Sothebyโ€™s International Realty Summer Insights Newsletter 2025

About Turks & Caicos Sothebyโ€™s International Realty
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.447

A New Wave of Investment: Turks and Caicos Real Estate Expands Beyond Providencialesย 

Columbus Beachfront, Ambergris Cay, 4.82 Acres

With sister islands like South Caicos gaining more attention and land opportunities shifting, investors are looking beyond the well-trodden paths of Provo to discover whatโ€™s next.

Potential Beyond Providenciales

In a destination defined by shimmering turquoise seas and white sand beaches, itโ€™s the land you canโ€™t seeโ€”quiet peninsulas, unspoiled coastlines and hidden ridgelinesโ€”that holds the real promise.

In Turks and Caicos, where development has long centered on the main hub of Providenciales, the conversation is evolving. Investors are now turning their gaze outward to the sister islands, where life is a little quieter, the pace is slower and the landscapes are raw. From sweeping beachfront parcels on North Caicos to ultra-luxury villas emerging on South Caicos, real estate in these outer islands isnโ€™t just an escapeโ€”itโ€™s a chance to be part of whatโ€™s next.

Rarity on Grace Bay, Boundless Opportunity Next Door

The Turks and Caicos real estate market in general continues to flourish, reinforcing its reputation as one of the Caribbean regionโ€™s most desirable luxury destinations. In the first quarter of 2025, the islands recorded more than $173 million in total salesโ€”up 23% from the same period last year. Whether itโ€™s oceanfront estates or sleek, modern villas, buyers are clearly confident in the long-term value of Turks and Caicos.

But while the market is strong, a deeper look at the data reveals an interesting twist: land sales declined year-over-year in Q1 2025. Itโ€™s not a downturnโ€”itโ€™s a shift. The pace of land sales on Provo has slowed, not due to lack of demand, but because prime land is becoming increasingly scarce.

On Provo, especially along the highly coveted Grace Bay, the most sought-after parcels are few and far between. Current offerings include a 6.17-acre beachfront commercial development parcel with 526 feet of shoreline, but these opportunities donโ€™t last on the market for long. For buyers seeking space to build or develop, the options are narrowingโ€”and the spotlight is shifting.

More investors are now exploring the sister islands, where land is more abundant, price points are lower, and the long-term growth potential is enormous. These quieter islands, long appreciated for their natural beauty and viewed as a restful respite from โ€œcity lifeโ€ on Provo, are now part of a broader real estate conversation. And Turks & Caicos Islands Real Estate Association sales associates and Experience Turks & Caicos tourism are helping to lead the way.

Land remains one of the most strategic long-term investments in Turks and Caicos. With low holding costs, minimal maintenance and the flexibility to develop when the timing is right, land offers both security and potential. For investors with vision, purchasing land todayโ€”particularly in emerging areas or with beachfront accessโ€”means securing a piece of a market that continues to appreciate as development expands across the islands.

Grace Bay Beachfront, Lower Bight Rd, 6.17 Acres

Spotlight on South Caicos Real Estate

Perhaps one of the most notable developments in 2025 pushing a shift in interest to the outer islands is the arrival of direct flights from Miami to South Caicos International Airport. With American Airlines now operating regular service, this once-remote island long known as a top fishing destination is suddenly within easy reach of U.S. buyers and travelers.

This increase in accessibility is perfectly timed. South Caicos, the islandsโ€™ fishing capital and once the main salt-exporting island in the archipelago, is on the cusp of a transformation while remaining rooted in authenticity. The upcoming Salterra Resort and Spa and new ultra-luxury estates at Sailrock are setting the tone for elevated, low-density development that complements the islandโ€™s natural charm.

A Broader Island Investment Strategy

Beyond South Caicos, other sister islands are gaining attention as well. The tranquil islands of North and Middle Caicos, accessible via a 30-minute ferry ride from Provo and connected by a causeway, are known for their lush greenery, unspoiled beaches and more traditional island lifestyles. Itโ€™s these qualities that are quietly attracting more interest from buyers. North and Middle Caicos offer expansive land parcels and more accessible entry points for those looking to hold, build or contribute to the next phase of sustainable development in the Turks and Caicos.

For some, this shift represents an investment strategy. For others, itโ€™s about lifestyleโ€”owning on one island while vacationing or renting on another. Either way, this diversification marks an evolution in how buyers engage with the real estate market here.

Current land offerings on North Caicos include a 22.83-acre beachfront development site at Sandy Point for $11.1 million, and a 5-acre peninsula lot for $8 million. Both of these land options offer extraordinary scale and potential for bespoke estates or boutique resort conceptsโ€”they just need the right visionary investor. And theyโ€™re just a taste of the opportunity that exists on these two sister islands that offer a glimpse into life on Provo as it was 50 years ago, when it was a largely untouched paradise ripe with opportunity.

The Peninsula North Caicos Beachfront, Bottle Creek, 5 Acres

Provo Remains a Real Estate Powerhouse

Donโ€™t count out our powerhouse islandโ€”Provo is far from being eclipsed. The main hub of the islands remains the heart of the Turks and Caicos real estate market. Its appeal lies in its robust infrastructure, ease of access and a range of luxury neighborhoods to choose from. From Grace Bay to Long Bay, Blue Mountain to Sapodilla Bay and beyond, Provo continues to attract buyers looking for established value and turnkey homes.

In fact, there is still a broad range of inventory available on Provoโ€”from ocean-view villas to modern condominiumsโ€”ensuring that it remains a key option for both seasoned investors and first-time buyers.

Beach Enclave Grace Bay, Villa 2, Grace Bay Beachfront, Providenciales

The Future of Turks and Caicos Real Estate

As demand continues to grow and the reach of development expands, the Turks and Caicos real estate market is entering a new era. The opportunity is no longer confined to the familiar. With improved access, thoughtful development and strategic foresight, the sister islands are not just the futureโ€”they are the now.

Whether youโ€™re looking for a beachfront home, a development parcel or a hidden gem on a rising island, Turks & Caicos Sotheby’s International Realty are your trusted networkย  to whatโ€™s next. Contact our office to learn more about real estate opportunities in Turks and Caicos, or find the perfect property for you by browsing our current property listings.

Experience EPIC Theater

Discover EPIC Theater, a cutting-edge immersive experience thatโ€™s redefining how real estate is presented and sold across the Turks & Caicos Islandsโ€”especially in the more remote outer islands.

Explore The EPIC Theater HERE


About Turks & Caicos Sothebyโ€™s International Realty
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

Ocean Dream Villas: Three Stunning Oceanfront Villa Offering on Long Bay

14 Bedrooms, 1.53 Acres with 142′ of Ocean Frontage

Luxurious, ocean villas all boasting their shades of blue make up the Ocean Dream Villas, which consists of 14 bedrooms, 12 bathrooms and 2 half baths across 1.53 acres with 250 ft of water frontage. Villas Azur, Aqua and Blue, all named for their mesmerizing views over the turquoise waters of the Long Bay oceanfront, are perched hillside and nestled in with many other multi-million dollar luxury vacation rentals of the neighborhood.ย 


Villa Azur is comprised of a 4 bedroom main house with 1 bedroom adjacent studio totaling 7,745 sq ft with 4,285 sq ft of interior space. The expansive exterior space of 3,460 sq ft is equipped with outdoor dining areas, lounge chairs, pool and additional outdoor seating allowing for soaking up the sunshine and cool breezes of the hillside.

Villa Aqua, the second oceanfront villa is a stunning 5-bedroom, 4.5 bathroom modern luxury villa boasting 3,760 interior sq ft spanning over 148 ft of water frontage. To add to the distinctive beauty of this home, each bedroom suite uniquely features an ocean view from the contemporary finished, expansive spaces. The studio lockout portion of Villa Aqua which features its own private plunge pool further expands this villas versatility as it can be rented as a 4 bed or 5 bed. Last, but certainly not least we have Villa Blue, the 4-bed ocean view villa with a standalone studio guest cottage.ย 

Villa Blue boasts high ceilings and panoramic views which can be enjoyed from both the common spaces as well as the bedrooms. With 1,800 sq ft of interior sq ft coupled with approximately 3,100 sq ft of exterior space, the open concept of this villa can be enjoyed by the entire family. The guest cottage which is just over 1,200 sq ft is quaint and perfectly positioned on its own. The custom-designed, sleek kitchen is equipped with stainless steel appliances, modern finishes and ocean views across the dining room. All common areas feature ceramic floors with local stone detail, providing shaded dining and seating areas and a chef grill. Each bedroom suite uniquely features an ocean view from the contemporary finished, expansive spaces.

These homes were thoughtfully designed by TDMG a leading contractor on the island and is currently professionally managed by the exclusive TKCA Vacation rentals and has done incredibly well on the short-term rental market.

This development is an investorsโ€™ dreamโ€ฆ each villa is available for purchase individually as well.

Contact the listing agents below for more information about this property.

About Turks & Caicos Sothebyโ€™s International Realty
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

Turks & Caicos Sotheby’s International Realty Puts The Islands on World Stage with โ€˜Epic Theaterโ€™

When potential buyers join Joe Zahm or one of his agents in the Epic Theater adjacent to his office, they arenโ€™t there for the latest blockbuster movie. Instead, they are taken on an immersive tour of the luxury homes available nowโ€”and in the futureโ€”among the 40 islands that make up Turks and Caicos.

โ€œWhen I saw a theater like this in Vail [Colorado], I immediately wanted to bring it to our office,โ€ says Joe Zahm, president and broker of Turks and Caicos Sothebyโ€™s International Realty. โ€œThereโ€™s nothing else like it in the Caribbean: a 9-foot high by 16-foot wide wall screen that we use to project every development and property in 3D.โ€

Zahm, who helped create the market for luxury condos and villas in Turks and Caicos over the past three decades, says Epic Theater is a gamechanger for selling luxury real estate.

โ€œProspective buyers can learn more in an hour or so in our theater than they can in three days of driving around the islands,โ€ he says. โ€œPeople can quickly understand the differences between various locations and properties to narrow their focus from multiple properties to two or three options.โ€

These presentations include Google Earth and drone footage, renderings, floor plans and 360-degree views of developments and available units, all presented with insights from agents in an immersive experience generated by the 3D imagery and sheer size of the screen. 

At least one buyer closed on a US$10 million villa with only one visit to the property, Zahm says, adding that Epic Theater also โ€œgenerates ideas for developers when we bring them in to look at projects.โ€

From Condo Communities to Luxury Villas

With more than US$5 billion in sales since he started out in Turks and Caicos in 1990, Zahm has long worked alongside property developers who know he brings decades of insights into the culture and market of the islands.

โ€œIโ€™ve been in the vacation business since I was a teenager,โ€ says Zahm, who began his career as in-house attorney for Keystone Resorts in Vail. โ€œA friend bought land in Turks and Caicos and when I visited him, I thought Iโ€™d stay and work here for three yearsโ€”which turned into 35.โ€ 

Using his experience at Keystone, he introduced new operating standards, including contract documents and the first reservation software to be used at Turks and Caicos developments. From 1990 until the mid-2000s, his work focused on creating residential condo communities. 

Over time, these communities evolved from 3-star to 5-star resorts, with owners typically renting their units exclusively through the management company. Prior to this, Turks and Caicos mostly had all-inclusive resorts or condos, rather than this hybrid model offering both resort amenities and homeownership. 

Zahm merged his company with Sothebyโ€™s International Realty in 2009 and, from 2011, began working with developers to create a luxury villa market in Turks and Caicos. 

โ€œThe villa model had far fewer barriers to entry at a time when the luxury market was still recovering from the global financial crisis. It worked well for developers and for buyers,โ€ Zahm explains. โ€œWe went from developing vertical developments to villa community resorts. Now both are an important part of the Turks and Caicos property market.โ€ 

Taking the Island Market International

Today, condos in Turks and Caicos achieve an average sale price of US$1.5 million, while villas in resort communities range from US$3 million to US$20 million, Zahm says.

โ€œWhen I came to Turks and Caicos, I was immediately absorbed by working as a consultant, as well as a broker, to optimize the product quality and the sell-through process,โ€ says Zahm, who served on the islandsโ€™ Tourist Board and co-founded the Turks and Caicos Resort Association. 

He says there is โ€œan interesting international marketโ€ in Turks and Caicos. From 2017 through 2020, total annual sales on the islands were approximately US$300 million. From 2021 through 2024, they reached an average of US$710 million, a 151% increase, Zahm says. Average prices rose 50% over the four years from 2021 through 2024. 

โ€œDuring the pandemic years, single-family home sales dominated the market, but now weโ€™re seeing an increase in condo sales among new luxury developments,โ€ he says, citing The Point by Grace Bay Resorts, ARC Sky Villas at South Bank, Andaz Turks and Caicos by Hyatt, The St. Regis Residences, and The Loren at Turtle Cove. โ€œWeโ€™ve also seen a new benchmark for luxury standalone homes with a US$30 million-plus sale in 2023 and 2024.โ€

Turks and Caicos has high-quality inventory available now along with new development and the pipeline of demand that starts with tourism shows no sign of slowing down, says Zahm. In fact, he only expects the island market to grow as a luxury destination in the years ahead.

Joe Zahm: President, Nina Siegenthaler: Vice President and Richard Sankar: Director/Broker

About Turks & Caicos Sothebyโ€™s International Realty
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

A Dream … A Vision …ย The Strand Turks & Caicosย Comes to Life

Development Update, February 2025

A dream to create a sense of space and community where families can call home and a vision to build one of the most sustainable ultra-luxury resorts in the Caribbean has now come to life for the developers of The Strand Turks & Caicos. 

Since the official groundbreaking in February 2022, John Fair, Managing Director and Developer, along with his team of experts, all empowered with a deep respect and vision for the property set their sights on opening the resort in 2024.

The grand opening celebration on November 20th was by far the most gala resort opening that Turks & Caicos Islands has ever experienced. The elegant event at the DelMar Restaurant & Bar, poolside and beachfront included homeowners, community members, Government officials, and the large team involved with the design, construction, marketing and sales of The Strand were all in attendance to mark this historic event. 

โ€œWe are thrilled to officially open our doors to The Strandโ€™s first overnight guests, inviting them to become an essential part of the community we have so passionately cultivated here in the Turks & Caicos,โ€ says John Fair, Managing Director of The Strand.

Link to Full Development Update Report

About Turks & Caicos Sothebyโ€™s International Realty
Turks & Caicos Sothebyโ€™s International Realty (TCSIR) is the premier luxury real estate brokerage firm in Turks & Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, TCSIR is the go-to resource for developers, investors, home-buyers and sellers in this highly sought-after destination. With strong leadership backed by the worldโ€™s greatest international luxury real estate brand, and a diverse array of international agents representing 15 countries, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms and Point Grace. For more information please visit http://www.turksandcaicossir.com.

Turks & Caicos Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474