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 indoor–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 Caribbean’s most distinguished residential offerings.
Contact the listing agents for more information:
About Turks & Caicos Sotheby’s International Realty
Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Turks & Caicos Sotheby’s International Realty (TCSIR) proudly announces the advancement of Simone Rigby into the role of Broker Apprentice, marking a significant milestone in the company’s ongoing commitment to developing and empowering young Turks & Caicos Islanders within the luxury real estate sector.
Simone has been a dedicated member of the TCSIR team for the past four years, serving as Executive Assistant and playing a critical role in supporting leadership, agents, and clients. Her promotion reflects not only her professionalism and dedication, but also TCSIR’s strategy to cultivate local talent and create structured pathways toward brokerage leadership. In her new role, Simone will transition from administrative leadership into professional brokerage development, working closely with the executive team and sales associates. Her responsibilities will include agent and operational support, assistance with TCREA training and compliance, client relations, transaction coordination, and advancement through a structured program designed to guide her toward full broker licensure.
“Simone’s promotion represents more than a career progression – it is an investment in the future of real estate leadership in the Turks & Caicos Islands,” said Richard Sankar, Broker of Turks & Caicos Sotheby’s International Realty. “As a firm, we are committed to identifying and nurturing local talent while strengthening the foundation of our brokerage. Simone’s progression adds depth to our leadership structure, complementing the expertise of long-standing team members Office Manager Takera Francis-Hanna and Administrator Bianca Harvey as we strategically position the brokerage for its next phase of growth.”
The Broker Apprentice role is part of TCSIR’s broader commitment to professional development, mentorship, and succession planning within the local market. By providing hands-on experience, executive mentorship, and regulatory guidance, the firm continues to strengthen its leadership pipeline while contributing to national workforce development. “I am honoured to take this next step with TCSIR,” said Simone Rigby. “This opportunity allows me to expand my knowledge of brokerage while continuing to serve our agents and clients at the highest level. I am proud to grow professionally within a company that values local talent and leadership.”
As the luxury real estate market in the Turks & Caicos Islands continues to evolve, TCSIR remains dedicated not only to exceptional service and global standards, but also to empowering the next generation of local professionals who will shape the future of the industry.
About Turks & Caicos Sotheby’s International Realty
Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Turks and Caicos Real Estate: Clarity After the Surge
Adjusting to a New World Order
The era of pandemic-driven urgency is officially behind us. This Q4 Market Report confirmed what many market watchers have sensed for months: Turks and Caicos real estate has entered a new phase—one defined less by velocity and more by clarity.
After several years of extraordinary demand and record-setting momentum, the market is settling into a more rational, disciplined period. The post-pandemic surge transformed buyer behavior worldwide, with Turks and Caicos emerging as a clear beneficiary of the global shift toward privacy, space and lifestyle-driven ownership. That wave fueled historic results at projects such as South Bank and The Strand, and expanded the development pipeline at a scale previously unseen.
As the surge slowed, the market didn’t stall—it stabilized. Q4 reflects that stabilization continuing, shaped by global uncertainty and local growing pains, but underpinned by resilient long-term fundamentals.
Normalization Comes With Nuance
While sales volumes remained solid, many transactions recorded in 2023 and 2024 were the result of contracts written in earlier years finally closing. In 2025, activity more accurately reflects today’s buyer mindset, which is more thoughtful, selective and value-driven.
Some near-term headwinds added complexity. Locally, early elections, a brief rise in crime (now dissipating significantly), infrastructure strain, and air travel bottlenecks created noise—much of it already being addressed through expanded airport gates, a new departures lounge and ongoing road improvements. Globally, macro uncertainty surrounding U.S. elections, geopolitics and shifting trade policies added to the fog.
At the same time, the return of global travel has prompted some villa owners—who are using their homes less than anticipated—to list properties, adding to inventory and reshaping the competitive landscape. The result is a market that’s evolving from boutique scale toward something larger. Think of a favorite artist moving from theaters to arenas—a necessary adjustment phase before the next level of growth.
What This Means for Sellers
This is no longer a market where aspirational pricing alone gets deals done. If you are not a motivated seller, patience may be the right strategy. Increased liquidity and clearer valuation benchmarks will continue to emerge as the market adjusts. If you are a motivated seller, realistic pricing is essential. Buyers are informed, selective and unwilling to chase inflated expectations. Flexibility and market-aligned pricing are key.
What This Means for Buyers
For buyers, the story is far more compelling. There has rarely been a better selection of recently completed and new development inventory to choose from. Options span luxury villas, branded residences and thoughtfully designed resort communities—offering buyers clarity, variety and negotiating leverage. And with complexity comes opportunity. Navigating this environment efficiently matters more than ever. Tools like our EPIC Experience Theatre, with its immersive 16’ x 9’ visualization wall, allow buyers to compare neighborhoods, projects and pricing quickly—saving valuable time and avoiding unnecessary site tours.
Looking Ahead to 2026
Early signals are already pointing to improved momentum as uncertainty begins to lift. Activity is strengthening, price adjustments are bringing buyers and sellers closer together, and demand is becoming more focused and intentional.
This next phase won’t mirror the exuberance of 2021, and that’s a good thing. A healthier, more balanced market favors informed decision-making, realistic valuations and long-term confidence. In a landscape with more choices, evolving pricing and shifting conditions, strong guidance matters.
We thank you for your continued trust and support, and we wish you a healthy, successful and prosperous 2026.
Find Turks & Caicos Sotheby’s International Realty past Market Reports link here.
About Turks & Caicos Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
About Turks & Caicos Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Turks and Caicos Real Estate: Positioning for the Push
Calm on the Surface, Power Beneath the Waves Q3 wasn’t about fireworks—it was about focus. The Turks and Caicos real estate market slipped into its usual summer rhythm this quarter, with overall sales volumes pulling back noticeably from Q2. But the story isn’t about the slowdown. The real story is what’s happening underneath it: serious buyers circling, record-setting deals closing, and momentum quietly building beneath the surface.
The seasonal “Gone Fishing” lull—a blend of travel patterns, global volatility and strategic patience—gave everyone room to breathe. Sellers recalibrated. Developers regrouped. Buyers sharpened their pencils. Whether Q4 delivers the seasonal uptick some anticipate remains to be seen, though the underlying fundamentals suggest the market is positioning for a strong year-end push.
Buyers Have the Edge—For Now For the first time in a while, the tide has shifted. Inventory is rising, and with it comes opportunity. More listings. More choice. More leverage. Pricing is starting to show signs of flexibility, and disciplined buyers who have been waiting on the sidelines are beginning to move.
And this isn’t just filler inventory—we’re talking about best-in-class villas, ultra-luxury beachfront estates, and rare land parcels that haven’t been on the market in years. For buyers who understand timing, this is the window they’ve been waiting for.
New Development, New Momentum While resales paused for breath, the development side of the market kept its foot on the gas. Global brands and visionary architects are reshaping the landscape and raising the bar for luxury in the Caribbean. Standouts include:
• The Point by Grace Bay Resorts (SWA Architects and Young Huh Design) • M-House by Beach Enclave (Blakstad Ibiza Architects) • Arc at South Bank (Piero Lissoni) • Janu by Amanresorts (coming soon) Manual Cervantes • The Reserve at Grace Bay by Beach Enclave (Jacobsen Arquitetura) (coming soon)
And the spotlight is firmly on The Strand, with resort operations and its rental program launching this fall—a defining moment for one of the region’s most ambitious projects.
Big Deals Still Getting Done If you think the summer slowdown means buyers stopped spending, think again. The quarter saw a string of headline-worthy transactions that prove demand for exceptional properties hasn’t gone anywhere:
Coral Pavilion: $16.5M, Long Bay Beachfront Land: $6.9M
Grace Bay Club Estate E403/404: $6.35M, Villa Khaya: $3.85M
These aren’t just sales—they’re statements. Buyers are still chasing quality, and they’re willing to pay for it.
Find Turks & Caicos Sotheby’s International Realty past Market Reports link here.
About Turks & Caicos Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
From January to June 2025, the destination welcomed a total of 361,440 stayover visitors, compared to 364,539 in the same period in 2024 (Photo of H20 Life Style Resort, Long Bay Beach)
Despite a modest one percent dip in stayover arrivals for the first half of 2025, the Turks and Caicos Islands continues to demonstrate resilience and strategic growth in its tourism industry, with early indicators pointing to a rebound in the upcoming winter season.
From January to June 2025, the destination welcomed a total of 361,440 stayover visitors, compared to 364,539 in the same period in 2024. While May and June recorded lower monthly arrivals. March remained a high- performing month, attracting 76,850 stayover guests.
Commenting on the industry’s mid-year performance, Mr Paul Pennicook, Interim CEO Consultant of Experience Turks and Caicos, acknowledged the broader global travel context, particularly in the United States.
“As we look at the data, it is very clear that the industry is being affected by external circumstances. The United States, our primary source market, according to data from ForwardKeys, shows that outbound travel to the Caribbean is down from June to October 2025 as more Americans opt for destinations in Europe and North America,” he said. “This reflects a wider year-over-year decline in total US departures. However, as we look toward the winter season, the outlook is much more promising.” Forward bookings for the winter season signal a rebound in demand, with forecasts showing a double- digit percent increases in stayover visitors in December 2025 and in January 2026 compared to the same period in 2024 and 2025.
“These are encouraging signs,” Mr Pennicook added. “Experience Turks and Caicos is working closely with our travel advisors and tour operators across all source markets to sustain and strengthen this upward trend.”
To support this effort, the organisation is undertaking robust training programmes for travel agents in the United States, Canada, the United Kingdom, and Latin America, ensuring that front-line sellers are well-equipped to promote the unique offerings of the Turks and Caicos Islands. Additionally, the destination’s new marketing initiative, “My Turks and Caicos Story,” has launched in key US cities, inviting potential tourists to visit so they can write their own story.
Meanwhile, the cruise sector continues to deliver strong results, with a notable 20 percent increase in cruise passenger arrivals over the same period in 2024. January and February were standout months, welcoming 145,079 and 139,544 cruise passengers respectively, underscoring the destination’s growing appeal among cruise travellers.
About Turks & Caicos Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Turks and Caicos Real Estate: Market Recalibration in Motion
Growth is never lineal and growing markets simply don’t keep increasing endlessly, without some periods of recalibration. Since 2020, the Turks and Caicos Islands have experienced record-breaking demand in both tourism and real estate. The past five years have seen nearly three times the transactional volume of the previous five years—an extraordinary, often breathless period that catalyzed a construction boom, bringing elevated quality and expanded options for buyers.
After such an extended surge, the market is now entering an inevitable recalibration period. Total Year-To-Date (YTD) sales volume dropped 13.4% compared to the same period in 2024 (from $354,457,949 to $309,975,838) though average sales prices increased by $167,098 representing a 10.8% jump. Market-wide inventory has increased, currently $2,047,883,872 worth of inventory on the MLS which represents a 20% increase with an increase in DOM from 189 to 238 Days, creating a more measured buyer outlook.
As an important client wistfully put it, it is currently a bit foggy for many to see clearly enough to make sizeable real estate investments. Buyers and investors are waiting for the fog to lift. Patience is truly a virtue for sellers – avoiding panic while taking a sober look at pricing and value, recognizing that overzealous pricing can be rebuked in bearish markets. Resale buyers are waiting on the sidelines, ready to strike when they see back-to-earth valuations. Developers especially need patience given the abundance of pre-construction and under-construction units available. Developer fundamentals remain paramount, with product design, innovation, execution quality, amenities, and services functioning as the primary drivers that provide first-class value. Purchasers will be rewarded when they choose projects with developers who have proven track records for executing exceptional quality – both those already committed and those seeking new offerings in prime developments completing within the next two years.
New Offerings such as the South Bank Beach Villa 18, The Strand’s Signature Villas ($7.4M+), M-House by Beach Enclave ($4.05M+), and Villas at Blue Mountain ($5.3M+) continue drawing interest by aligning with buyer expectations: location, architectural distinction and lifestyle. Arc Sky Villas at South Bank steadily progresses construction, with the 5th level slab starting imminently and completion slated for end of 2026. The Point by Grace Bay Resorts broke ground in February and has reached significant milestones in construction and engineering of this iconic new property on Grace Bay beach. Large beachfront parcels including a 6.17 acres lot with 526 ft of frontage at $35M and 2.9 acres lot with 285 ft frontage at $19.5M, both on Grace Bay Beach, signal continued investment potential for master-planned communities or ultra-luxury estates.
As Turks and Caicos continues this recalibration period, we look forward to being of service throughout.
Find Turks & Caicos Sotheby’s International Realty past Market Reports link here.
About Turks & Caicos Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Grace Bay Beach, a jewel in the crown of the Turks and Caicos Islands, is basking in the glow of international recognition once again.
In the highly anticipated 2025 World’s 50 Best Beaches list, Grace Bay Beach has not only secured a spot but has catapulted into the top ten, landing at number 10—an impressive leap of seven places from its 2024 ranking.
This surge is more than just a number; it is a resounding affirmation of Grace Bay’s enduring allure, a fact that has local officials and tourism professionals beaming with pride and renewed vigour.
This prestigious ranking is not the result of a casual vote but rather comes from an international panel of over 1,000 vetted travel professionals and influencers.
These individuals, deeply embedded in the global tourism scene, wield significant influence, shaping the destinations travellers dream of and ultimately choose. Their collective verdict on Grace Bay positions the territory’s beach among the world’s elite.
According to the beach ranking website, the criteria these experts consider go beyond mere aesthetics. They evaluate the intangible essence of a beach—its atmosphere, accessibility, the clarity of its waters, and how these elements combine to create an unforgettable experience.
“Grace Bay isn’t just one of the best beaches in the world—it is part of who we are,” stated Minister of Tourism, Hon Zhavargo Jolly.
He stressed that the allure of Grace Bay Beach is not just its physical attributes, stunning as they are, but the soul of the place—the intangible warmth and hospitality that linger in the memory.
About Turks & Caicos Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
When potential buyers join Joe Zahm or one of his agents in the Epic Theater adjacent to his office, they aren’t there for the latest blockbuster movie. Instead, they are taken on an immersive tour of the luxury homes available now—and in the future—among the 40 islands that make up Turks and Caicos.
“When I saw a theater like this in Vail [Colorado], I immediately wanted to bring it to our office,” says Joe Zahm, president and broker of Turks and Caicos Sotheby’s International Realty. “There’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.”
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.
“Prospective buyers can learn more in an hour or so in our theater than they can in three days of driving around the islands,” he says. “People can quickly understand the differences between various locations and properties to narrow their focus from multiple properties to two or three options.”
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 “generates ideas for developers when we bring them in to look at projects.”
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.
“I’ve been in the vacation business since I was a teenager,” says Zahm, who began his career as in-house attorney for Keystone Resorts in Vail. “A friend bought land in Turks and Caicos and when I visited him, I thought I’d stay and work here for three years—which turned into 35.”
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 Sotheby’s International Realty in 2009 and, from 2011, began working with developers to create a luxury villa market in Turks and Caicos.
“The 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,” Zahm explains. “We went from developing vertical developments to villa community resorts. Now both are an important part of the Turks and Caicos property market.”
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.
“When 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,” says Zahm, who served on the islands’ Tourist Board and co-founded the Turks and Caicos Resort Association.
He says there is “an interesting international market” 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.
“During the pandemic years, single-family home sales dominated the market, but now we’re seeing an increase in condo sales among new luxury developments,” 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. “We’ve also seen a new benchmark for luxury standalone homes with a US$30 million-plus sale in 2023 and 2024.”
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 Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Turks and Caicos Real Estate: Resilience Through Market Shifts
The Q1 sales pace shows robust activity across all segments, from fresh listings to new transactions, with an increasing number of price adjustments that better reflect market conditions and new inventory filling gaps that existed in previous years. This quarter, notable sales include significant homes shown within this report ranging from $5.3M to $7.5M. In addition, luxury condominiums have seen strong sales from $2.7M to $4.7M re-sales and sales within pre and under-construction condominium resort projects. Our brokerage also recorded a record trophy property sale that will be made public later this year, signaling continued investor confidence.
Beyond Providenciales, South Caicos is gaining significant attention. With direct American Airlines flights now connecting Miami to South Caicos International Airport (SXC), this hidden gem has become far more accessible. This development, along with the upcoming Salterra Resort and two new ultra-luxury estates on the Caicos Banks at Sailrock Resorts, enhances the island’s appeal as both an investment opportunity and an exclusive retreat destination. The real estate market in the Turks and Caicos continues to gain momentum as a high-growth market and stable luxury destination, with total sales volume reaching $173,090,548 this quarter, a 23% increase over last year ($141,166,906 in Q1 2024).
Sales continue at the Strand Turks & Caicos, South Bank Resort (both of which have successfully opened to the hospitality visitors in the Fall of 2024), and M-House by Beach Enclave, slated to break ground this summer with its first sales. The Point by Grace Bay Resorts construction is now well underway, the Villas at Blue Mountain with their ocean view sales with The Summit are taking shape and Rock House Reserve Villas (Phase II) is now complete. Select availability remains at all of these unique resort properties.
Kempinski on Grace Bay has just launched, St. Regis Residences first towers are up, Andaz Turks and Caicos nears completion for early 2026. and Arc Sky Villas at South Bank is poised for completion at the end of 2026.
Despite current market fluctuations, new opportunities continue to emerge with several projects in development. While we remain cautiously optimistic about the second quarter, this evolving market presents both challenges and potential. Our team stands ready to address your questions about the Turks and Caicos or other jurisdictions you’re considering.
Find Turks & Caicos Sotheby’s International Realty past Market Reports link here.
About Turks & Caicos Sotheby’s International Realty Turks & Caicos Sotheby’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 world’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 firm’s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Turks & Caicos Real Estate | Caribbean 