A big thank you to all of the brokers who attended the event at The Summit on Friday the 15th of December 2023. The Summit, without a doubt, stands as a remarkable project, showcasing one of the most stunning views on the island.
Developer Julian Biggs, in his insightful words, acknowledged that while The Summit may not be the highest point in the world, it is certainly ours, signifying its uniqueness and significance to us all.
The Summit is a select pre-construction opportunity of only 9 villas positioned in a private residential enclave on the highest point in Providenciales offering commanding 180-degree ocean views over the North Shore. With vantage points from 94 to 160 feet above sea level, the Developers of Ridgeview and Karaya Blue, Latitude 22 are delighted to present this low-density development to the Turks & Caicos luxury market. At The Summit, unrivalled ocean views and an irreplaceable location combine with considerate design and organic modern architecture to produce a truly unique offering of 3 to 5 bedroom villas.
Environmentally sustainable, the design includes not only 7.5kw of 20 roof mounted Solar Panels, but also living ‘green’ roofs designed by Jörg Breuning whose organization Green Roof Technology has been pioneering the technology in Europe for over 40 years, and more recently North America and the Caribbean. This sustainable feature acts as a cooling aid, reduces rainwater runoff, protects against weather, and provides an additional habitat for natural flora and fauna ensuring the development enhances rather than imposes upon the beautiful natural surrounds and ocean views of its location in Blue Mountain.
As continued evidence of the high demand and dearth of existing high-end homes for sale in the Turks & Caicos Islands, the recent off-market sale of Sole E Mare on Leeward’s coveted north shore is a testament to the continued growth and desirability of the best-in-class real estate in the jurisdiction. True to its name evoking sun and sea, the home sits on an impeccable white sandy beach known as Pelican Beach which is an extension of world-renowned Grace Bay.
Sole E Mare’s idyllic site features a 270-degree view from its point with over 220’ of frontage, sitting proud of its neighbors to the west and enjoying a sunset-facing view of Grace Bay and its iconic barrier reef.
The sale marks the first residential re-sale above $30 million in the TCI and was the culmination of a painstaking rebuild process and exceptionally well-executed design, showcasing the type of design and construction that was simply not to be found even five years ago in our jurisdiction. A recently completed beach revetment and additional new investment point to continued upward trending price values in the area.
The majority of high-end sales this year to date occurred in the pre-construction, luxury new development, sector which is actively servicing the discerning demand for high quality homes amidst an otherwise very limited inventory of available and completed homes – and vacant waterfront sites. The potential time involved and challenges that can accompany a custom project of this nature increased the attraction of this turn-key newly completed masterpiece for its new owners and led to a swift closing.
About this amazing estate
The 12-bedroom estate spans about 12,000 interior square feet across the main house and a guest house/caretaker house, and 20,000 total under roof (including vast covered terraces) with more than 30,000 sq. ft. of finished areas including a 100’ long all-mosaic pool featuring 440’ of full surround infinity-edge. A dining table custom-made with a live edge solid slab of 100-year-old wood, hand-picked by the sellers and even personally trucked from its source, was a feat in and of itself. A signature staircase, private salon, extensive outdoor entertaining and lounge areas, solar panel and Tesla power wall system for uninterrupted green energy, are amongst the many exquisite design elements and forward-thinking features throughout.
Selling Agent
Nina Siegenthaler
Vice President Turks & Caicos Sotheby’s International Realty
Sotheby’s International Realty is pleased to announce that its affiliated brokers and sales professionals achieved more than $114billion USD in global sales volume, the highest annual U.S. sales volume performance in the history of the brand. $102 billion USD of the global sales volume was achieved in the U.S., marking another record accomplishment for the brand.
“In 2019, the Sotheby’s International Realty® brand continued to achieve solid growth,” said Philip White, president and chief executive officer for Sotheby’s International Realty. “The brand expanded into new countries and territories and entered new markets in the U.S. We continued to make strategic business decisions that benefitted both our independent sales associates and affiliate companies. I am immensely proud of the hard work and dedication from our vast global network, and I look forward to continuing this momentum in 2020.”
2019 Achievements
Propelled by a strategic business move in March 2019, when Sotheby’s International Realty integrated its affiliate network and company-owned brokerage into one global organization, 50 new Sotheby’s International Realty offices were opened, bringing the brand’s presence to 1,000 offices in 70 countries and territories and more than 23,000 affiliated sales associates worldwide.
Sotheby’s International Realty continued to lead the category with the roll-out of exclusive marketing affiliations and first-ever technology launches, announcing it will soon unveil a new, fully integrated website. The brand’s existing website, sothebysrealty.com, saw another record year with more than 34 million visits, a 14 percent increase year-over-year. In addition, Sotheby’s International Realty was the first real estate brand to launch and implement mixed reality to its Curate by Sotheby’s International Realty sm augmented reality app, which merges the real world with virtual home staging. The platform can be utilized in various homebuying and selling scenarios, and particularly benefits agents and developers to help prospective buyers envision their new home. To support the daily business needs of the network’s more than 23,000 independent sales associates, the brand unveiled Current by Sotheby’s International Realty® a robust marketing suite of technology tools consisting of best-in-class and exclusive apps, which provide sales associates with a distinctive and competitive edge in the market. For partnerships, the brand entered into an affiliation with Bloomberg.com as the exclusive launch sponsor for a new luxury properties marketplace.
The Sotheby’s International Realty brand and its independent sales associates continued its support for New Story, the brand’s charitable partner and a certified 501(c)(3) non-profit organization. As a result, 83 families, who were among those who lost their homes in the 2017 earthquakes, were able to move into their new homes in Morelos, Mexico. A total of 153 homes in Haiti and Mexico were funded through the initiative.
Global Growth
This year observed significant growth for the brand’s existing affiliate companies in the United States through recruitment efforts and strategic mergers and acquisitions. Most notably, the brand increased its market presence in Brooklyn, New York; the Greater Boston area, Massachusetts; and Indiana. The brand also entered several new key markets last year, expanding the Sotheby’s International Realty network’s presence to 43 states across the country.
Outside the U.S. the Sotheby’s International Realty brand achieved more than $12 billion USD in sales volume and continued to expand into key markets around the world. In Europe, the brand grew its presence in Monaco; France; and Berlin and Binz, Germany. New offices were also opened in Doha, Qatar; and Paphos, Cyprus, expanding the brand’s global presence in marketing luxury listings. In the Caribbean and South America, the brand saw growth in Zapallar, Chile, an upscale residential community located two hours outside of Santiago; and agreements were signed to expand into the Anguilla territory. In the Asia-Pacific region, new offices were opened in Tauranga, New Zealand; and Port Douglas, Hobart, and Perth, Australia.
MADISON, N.J. (Mar. 1, 2018) – Sotheby’s International Realty Affiliates LLC today reported that in 2017 its affiliated brokers and sales professionals achieved approximately $108 billion USD in global sales volume, the highest annual sales volume performance in the history of the brand.
“In 2017 we witnessed the expansion of the global economy,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “The Sotheby’s International Realty® brand is in 69 countries worldwide, so we were well-positioned to both contribute to and benefit from that growth. The success of the global economy, coupled with our strategic goals, yielded outcomes better than we could have ever anticipated in 2017. We look forward to carrying that strength into the new year.”
Global Growth The Sotheby’s International Realty brand also reported growth across its global network. At year-end, the network totaled nearly 950 offices and approximately 22,000 sales associates worldwide.
Sotheby’s International Realty Houseguest Video Series visits Turtle Tail Estate, Providenciales, Turks & Caicos Islands – click here to view the video.
Sotheby’s International Realty Affiliates LLC, rang the Closing Bell at the New York Stock Exchange yesterday to celebrate its 40th anniversary milestone in the luxury residential real estate brokerage business. Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC, was joined on the podium by members of the Sotheby’s International Realty network for the bell ringing ceremony.
“I am very proud of the journey we have taken together with our global luxury real estate network to bring the brand where it is today,” said White. “The Sotheby’s International Realty brokerage network was built to connect the finest independent residential real estate companies to the most prestigious and discerning clientele in the world,” said White. “We are honored to be celebrating this milestone by ringing the Closing Bell at the New York Stock Exchange.”
Philip White President and Chief Executive Officer Sotheby’s International Realty Affiliates LLC
Sotheby’s International Realty is 1 of 20 exclusive advertising partners on the Apple News app now through the end of December and the only real estate company.
Apple News is a brand new application baked into every Apple device running iOS 9 or newer, allowing us to potentially reach over 800 million iPhones and iPads.
We are the only Real Estate company that has been selected, and we have a 5% Share-of-Voice on the For You section of the app + a 25% SOV in the app’s Business Channel.
You can also add the Sotheby’s International Realty channel within Apple News, which has content automatically fed via our Extraordinary Living blog. It can be found by searching for Sotheby’s International Realty within the News app.
We are also supplementing this placement with an investment in iAd In-App Advertising, giving us an international reach while targeting real estate intenders across thousands of mobile apps.
Proven Results: Since going live on 10/16, Apple has been the #3 overall traffic driving source to SIR.com behind Search and Facebook. 98% of those users are new to sir.com.
Login to your Apple News App on your iPhone or iPad today to experience the partnership!
Turks & Caicos Real Estate | Caribbean 