The Launch of M-House by Beach Enclave

M-House by Beach Enclave features nine spectacular homes on the beautiful North Shore

The evening was alive with smiles and anticipation as Beach Enclave unveiled its newest undertaking in the Turks and Caicos Islands, M-House by Beach Enclave is a masterpiece that represents the pinnacle of luxury. This development harmoniously blends the timeless elegance of the Mediterranean with contemporary grace, showcasing a design that is as bold as it is sophisticated.

At the heart of this prestigious project are nine impeccably crafted villas, ranging from three to six bedrooms. Each villa is the brainchild of renowned designer Rolf Blakstad and his Ibiza-based firm, Blakstad Architects and Design Consultants. These homes pay homage to the spirit of Ibiza and the Mediterranean lifestyle, seamlessly brought to life against Providencialesโ€™ pristine white sands and turquoise seas.

The Vision Behind M-House

Expertly designed by Blakstad Architects, M-House embodies tranquility and sophistication through its inviting textures and meticulously crafted details. The development features a Beach Club, four exquisite beachfront residences, and five elevated homes that offer breathtaking panoramic ocean vistas.

The architecture of M-House masterfully combines the iconic forms of Blakstadโ€™s Ibiza style with cutting-edge design, premium materials, and state-of-the-art technology. This fusion creates homes that resonate with soul and character, delivering an ambiance that is both luxurious and welcoming. Inspired by the siteโ€™s unique topography, the designs effortlessly unite indoor and outdoor spaces, offering uninterrupted views of the ocean and surrounding natural beauty.

Every element at M-House is a testament to thoughtful design. From meticulously crafted finishes and furnishings to the seamless integration of the stunning ocean and limestone backdrops, these homes set a new standard for elegance in the Turks and Caicos Islands. The result is a living experience that is as seamless as it is unforgettable.

Gratitude and Commitment

During the unveiling, Joe Zahm, President of Turks & Caicos Sothebyโ€™s International Realty, expressed profound gratitude to Beach Enclave for their unwavering dedication to luxury and their ability to transform every development they undertake into something truly remarkable. Joe’s words echoed the sentiments of all in attendance, who marveled at the beauty and promise of this latest project.

In response, Developer Vasco Borges reiterated his commitment to preserving this beautiful section of Blue Mountain in Providenciales. He thanked his partner, Vikram John, Vice President Of Development and Asset Management at Beach Enclave, for being a “doer” from the very begining. Vasco also emphasized Beach Enclaveโ€™s dedication to maintaining a โ€œbarefoot luxuryโ€ ethos, ensuring that the development remains harmonious with its natural surroundings.

The celebration continued into the evening, filled with amicable pleasantries and a shared excitement for the future. Overlooking the breathtaking North Shore backdrop, guests toasted to the success of M-House by Beach Enclave and the vision it represents for luxury living in the Turks and Caicos Islands.

As the night drew to a close, it was clear that M-House is more than just a development; it is a promise of an extraordinary lifestyle that blends the best of Mediterranean elegance and Caribbean beauty. We eagerly look forward to seeing this vision come to life and the incredible experiences it will offer to those fortunate enough to call it home.

Please find all active listings here

Please find the brochure here

Please find the video 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 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 and Caicos Real Estate – 3rd Quarter 2024 YTD Comparison

Luxury Tourism and Real Estate Growth Synergy


Turks and Caicos is riding a wave of incredible tourism growth this year, with the first five months already setting the tone for a record-breaking year.

Visitors from the U.S., Canada and other parts of the world are flocking to the islands, driving a 10.85% increase in air arrivals, from January to May of 2023. This trend shows no sign of slowing down. Turks and Caicos has even become the top-searched destination for U.S. couples and families on Google Flights. This success is credited to the efforts of our luxury marketers and loyal visitors.

Real estate in Turks and Caicos continues to thrive in tandem with the booming tourism sector, with the top three Single Family Homes generating nearly $50 million in total sales and the top three land transactions reaching $19 million. This quarter, the spotlight was on the land category, which saw the closing of some exceptional parcels, notably, a 20-acres parcel on North West Point closing at $7.5M. These high-profile deals reinforce the islands’ reputation as a premier luxury destination, showcasing immense growth potential and a growing investment appetite for properties in the outer islands.

The islands are truly on the rise, in more ways than one!

Digital Flip-Book Link Here

Click on the Cover Photo below for the full report on Digital Flip-Book.
For a PDF version, click on the download button within the Flip-Book.

Find Turks & Caicos Sothebyโ€™s International Realty past Market Reports link 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 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 Sotheby’s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

Villas At Blue Mountain Ground-Breakingย on the 4th of October 2024, Turks & Caicos Islands

Turks & Caicos Sothebyโ€™s International Realty and Villas At Blue Mountain are excited to announce the ground-breaking ceremony, scheduled for Friday, October 4th, 2024, marking an exciting milestone for this luxurious community.

Nestled in the heart of Blue Mountain, these elegantly designed homes offer breathtaking views of Providenciales’ North Shore and embody beachside living at its finest. With spacious indoor and outdoor living areas, the villas range from three to seven bedrooms, providing luxury, privacy, and all the modern amenities for a relaxed yet sophisticated lifestyle.

If you’d like to attend please contact us here.

View the remaining oceanfront listings here.

Book a tour 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 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 visitย http://www.turksandcaicossir.com.

Sailrock South Caicos Public Notice

Sailrock South Caicos is a meticulously designed, low density and ocean focused master-planned development. This multi-phased project consists of well over 2,000 acres, the majority of which were previously owned by Caicos Company Limited and prior to that the salt company of South Caicos. Most of the Sailrock properties were acquired starting in 2006, with the master plan being created in 2006/2007. That master plan and the subsequent development agreement entered into between Sailrock and TCIG in 2008 and 2013 are the basis for the Sailrock project. Numerous phases over many years are envisioned through the master plan and development agreement.
Sailrock has endured a protracted and, at some points, circuitous process which has gone through seven governmental administrations with considerable engagement and extensive interaction with relevant TCIG Departments. Without the master plan, the development agreement and the accompanying commitments from TCIG, Sailrock would not have committed to nor would it have proceeded with the development of the Sailrock community. Sailrock has and continues to rely upon representations made by TCIG and its various departments throughout this process.

The master plan and development agreement are the only reason that there is currently active development on South Caicos. Our monetary investment, which is multiples greater than any other investor in South Caicos, has provided for extensive infrastructure work to take place including roads, underground utilities, water plants, villa and resort development as well as beach enhancements and lagoon creation. This investment is critical to the success of the island as a destination. South Caicos is a windward island and protected beaches and active areas are paramount to the success of this destination. Our competitors are clearly aware of this, as their guests visit the western beaches regularly.

The people of South Caicos have waited far too long for real and substantive development to take place. For decades they have waited for the previous Highpoint and East Bay projects to come to fruition. Those projects faltered while Sailrock has steadily executed on a master plan and opened a world class resort which has won significant accolades year-over-year. These include Small Luxury Hotels of the World prestigious Resort of the Year, Conde Nast Johansenโ€™s Award for Excellent for Best Service (4 years running) and the World Travel Awards Leading Luxury Island Resort.

Sailrock has been actively engaged within the South Caicos community for nearly 20 years, during which time we have worked to ensure that our endeavors benefit and provide numerous opportunities to South Caicos as a whole. Sailrockโ€™s commitment to the well-being of South Caicos has seen the community benefit from numerous job and outreach programs. Educational programs and events including Easter & Christmas parties for the students, reading programs, laptop computer donations, back-to-school backpacks and graduate’s gifts. Professional development programs include job opportunities for the local community. Cultural engagements such as funding and/or assisting with publishing books relating to South Caicos, rebuilding the historic downtown walls and planting of trees along airport road. Disaster relief was provided by Sailrock following Hurricane Ike in 2008 and then again in 2017 following Hurricanes Irma & Maria. This provided roofing materials for repairing local homes/businesses, generators, fuel, equipment and supplies to help get the community back on its feet. In 2017, the South Caicos Heritage Foundation was created as a dedicated organization to carry out these initiatives. Between Sailrock and the South Caicos Heritage Foundation, well over $2,000,000 has been donated towards island improvements, charitable giving, educational causes and hurricane relief and repair. Multiple millions of dollars have been paid for direct labor to Turks Islanders in relation to the various construction and development components as well as resort operations. Over $25,000,000 has been paid directly to TCIG since the Sailrock project inception through tax, fees and payments. These efforts and initiatives demonstrate the level of commitment Sailrock maintains to the Turks and Caicos Islands and specifically the South Caicos community.

Salterra has recently entered the scene, working to convert East Bay Resort into a Provo-esque branded development in secluded South Caicos. Within days of meeting with Salterraโ€™s owner for the first time, we were blindsided by false information put into the Community of South Caicos. At our meeting Salterra made it clear that they did not want to see parts of our land developed as they would like them to remain natural to use as an amenity for their guests. Soon after the meeting Salterra went as far as to create banners, which they made to look like official TCIG documents, opposing our projects and posted them throughout the town. Salterra, their political operatives and not-for-profit partners in this process have repeatedly and inaccurately circulated planning approval numbers and associated them with phases of development to which they know they do not apply. They are using these tactics of misinformation to incite confusion and fear, and we ask โ€œwhyโ€? South Caicos, after waiting for such a lengthy period of time for active projects, certainly deserves better. Although we believe the Salterra project is grossly out of place in South Caicos, we want to see them succeed. This will only happen if Salterra is willing to engage in healthy collaboration and honest communication with Sailrock and the local community. Spreading false narratives to sway public opinion in order to use Sailrock property as an amenity for their guests is just simply wrong.

Sailrock is a large and long-term project, and has been working with TCIG through various approvals for years. The approval for the lagoon and enhancements are covered under an existing building permit. In January of this year representatives from Sailrock, Planning and DECR met regarding the Sailrock projects. At that time it was determined by TCIG that works could continue but that an updated mineral license may be required. More research was required by TCIG as the license application had previously been provided and the approval granted. Sailrock was recently informed that DECR has now requested that certain specific works be put on hold pending process resolution.
After investing tens-of-millions of dollars in a new South Caicos International Airport, TCIG recently announced that American Airlines will begin direct flights to South Caicos in early 2025 โ€“ this is great news and a huge benefit to the community of South Caicos. However, without Sailrock Resort, Sailrock Private Villas, and the comprehensive plans for real estate and hospitality growth within the Sailrock community, bringing long term direct international flights will not be sustainable. Salterraโ€™s 100-room resort simply does not have the scale on its own to justify long term direct international flights. Future low-density development on South Caicos will be necessary in order to continue to move the destination forward.

We appreciate and respect the role of Planning, DECR, the Reef Fund and SFS plays in the protection of the natural environment. We are not here to detract from that in any way. It is our continued intent to work with all parties ensuring proposed projects are being accomplished in a manner that minimizes impact and works toward a symbiotic role of the parties. A proper balance can be achieved to create a hospitality-based economy while still preserving the environment. One does not need to take the place of the other but rather can work in unison to minimize impact while providing needed development for economic growth. We look forward to working with all relevant parties to achieve this goal.

Sailrock acknowledges that we need to do a better job keeping residents up to speed on various project progress and components. Over such a lengthy development period it is easy for confusion to set in through the process. As the project continues through the normal channels, we trust that the process will not be hijacked for political purposes, fund raising efforts or competitors desires to curb our development plans in order to use our property as free amenities for their business interests. There will always be varying points of view and we acknowledge that we cannot make everyone happy thru this process, however, we will endeavor to do our best to overcome issues that may arise. We look forward to working with the South Caicos Community to ensure that their voice is clearly heard, their comments and concerns are addressed and that we work together to make South Caicos the best it can be.

Building a Beach & Canal Front Boating Community on the Garden Island of North Caicos!

Welcome to North Caicos Yacht Club (โ€˜NCYCโ€™), located on the Garden Island of Turks & Caicos, where time slows down and commercial development is still scarce. Likened to an early Leeward, NCYC has all the makings of the next premier destination in Turks & Caicos. Ideally located in Sandy Point, the westernmost tip of North Caicos, NCYC is less than a 5-minute drive from the ferry port of Belfieldโ€™s Landing, and a 20-minute boat ride to the more bustling surrounds of Providenciales, with accessibility to the iconic landmarks of Middle Caicos, such as Mudjin Harbour and the caves just a short drive away.

Whether youโ€™re looking for beachfront land, mixed use or serene canal-front land, a custom build, or simply to landbank for a rainy day, NCYC comprises it all.

With 1- 4bedroom custom villa designs available by request, as well as developer financing, owning a villa at NCYC has never been easier. Come and experience the unmatched beauty and tranquility of North Caicos, where fishing, diving, snorkeling, water skiing, and boating await.

This property is a rare opportunity to own a piece of paradise with both beachfront and canal frontage. Contact us today to explore the potential of this extraordinary lot and make your island living dreams a reality.

Please contact the listing agents for more information on this Development.


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

The Strand Turks and Caicos Resort Ready to Open This Fall 2024

The Strand Turks and Caicos is once again highlighted in the prestigious Caribbean Journal publication, as the resort prepares for its anticipated opening this fall.

The boutique property has already tapped a new general manager and hospitality manager โ€” a husband-and-wife team. 

The Strand has named Frits Hannenberg its new general manager, with Jenny Hannenberg-Feig serving as hospitality manager. 

Hannenberg was most recently the managing director of The Abaco Club in South Abaco. His previous stops have included stints in Mustique, The Shore Club Turk sand Caicos and a resort in Mauritius. 

โ€œWeโ€™re thrilled to welcome Frits and Jenny to The Strandโ€™s opening team,โ€ said John Fair, managing director of The Strand. โ€œNot only are they a powerful hospitality duo and husband and wife team with unmatched expertise in ultra-luxury resorts on the island and throughout the region, but they bring a keen dedication to fostering a welcoming and personalized community for our guests and homeowners, which will further set The Strand apart upon opening this fall.โ€

The exact opening date has not yet released.

Source: Caribbean Journal


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

Turks and Caicos Real Estate – 2nd Quarter 2024 YTD Comparison

“Experience Turks & Caicos”

TOURISM AND REAL ESTATE GROWTH CONTINUE THROUGH 2024

The Turks & Caicos Islands luxury lifestyle continues to top the charts in both real estate sales and tourism arrivals demonstrated by the successful TCREA MLS sales trends and the TCI Government arrivals statistics report noting that TCI welcomed more than 1.5 million visitors in 2023 representing a 21% increase. The TCI Tourist Board recently re-branded as โ€˜Experience Turks & Caicosโ€™ and aims to diversify our tourism offerings to the outer islands to ensure a sustainable tourism revenue that benefits the entire population. For further details please see the article published February 2nd by Turks & Caicos Weekly News: https://tcweeklynews.com/.

In our real estate market, the first half of 2024 witnessed a very healthy sales volume throughout all sectors but by far the headline of the first half of this year is the resurgence of next gen luxury condominiums. With over $270M in pending deals in the condominium sector at an average price point of circa $2.5M, and building daily, the product mix is re-balancing towards a more equitable blend of condominiums and single family homes, of which the latter carried the market the prior decade. Based on overall pending transactions, that are predicted to close out in 2024, the year end numbers are poised to remain at this newly established sales volume.

The graphs in the pages of our report reveal the steady sales flow throughout the past four years whereby TCI real estate is experiencing a new level of performance along with a much higher average price proving that this rising star of the Caribbean delivers a quality, luxury lifestyle.

Enjoy your summer!

Find Turks & Caicos Sothebyโ€™s International Realty past Market Reports link here.

Link to PDF Report

Digital Flip-Book Link 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 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 Sotheby’s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

The Strand Turks and Caicos is preparing to open

The Strand Turks and Caicos is preparing to open under the leadership of Frits Hannenberg as General Manager and Jenny Hannenberg-Feig as Hospitality Manager.

โ€œWeโ€™re thrilled to welcome Frits and Jenny to The Strandโ€™s opening team,โ€ says John Fair, managing director of The Strand. โ€œNot only are they a powerful hospitality duo and husband and wife team with unmatched expertise in ultra-luxury resorts on the island and throughout the region, but they bring a keen dedication to fostering a welcoming and personalized community for our guests and homeowners, which will further set The Strand apart upon opening this fall.โ€

As a leader in opening and positioning five-star resorts and private islands for more than 20 years, Hannenberg brings a human-focused, solution-oriented approach to his work, whether heโ€™s implementing innovative, bespoke guest experiences, leading and training staff, or delivering the highest level of service to discerning guests and private owners.

Most recently, Hannenberg served as managing director of The Abaco Club, the Bahamasโ€™ most exclusive community. Prior, he led Frรฉgate Island Private (Seychelles), Mustique Island (St. Vincent and the Grenadines), The Shore Club (Turks and Caicos) and the flagship LUX* Grand Gaube (Mauritius).

โ€œJenny and I are thrilled to be back on Turks and Caicos, which holds a special place in our familyโ€™s heart, and to be working with such a unique property that will set the stage for luxury, sustainable resorts in the Caribbean for years to come,โ€ says Frits Hannenberg, general manager. โ€œWe look forward to bringing our 40-plus years of combined hospitality expertise and lived experience working with luxury resorts and private islands to The Strandโ€”and bringing to life an experience like nothing else in the world.โ€

As hospitality manager of The Strand, Hannenberg-Feig oversees all guest-focused services. Her detail-driven, attentive, and energetic approach ensures every homeowner and guest receives the highest level of care from the moment of arrival, from pre-arrival groceries and tailored itineraries to arranging special culinary events and private boat charters. Hannenberg-Feig also oversees front of the house departments, including concierge and reservations and streamlining hospitality services and training.

Set to become one of the most sustainable resorts in theโ€ฏCaribbean, the propertyโ€™s luxury accommodations are perched above the waterโ€™s edge and offer single-bedroom Suites, multi-bedroom Villas, and expansive Private Residences. Community amenities will include beach access, a full-service spa, waterโ€™s edge restaurant and bar, The Beach and Racquet Club, โ€œMaestro in Residenceโ€ program, a kidsโ€™ club, numerous water sport rentals, and 1,400 feet of canal and marina frontage with access to The Strandโ€™s very own Club Boat with private captain.

For reservations and to learn more about The Strand Turks & Caicos, please visitย www.thestrandtci.com.

Source: Hotel Online


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

Turks & Caicos Real Estate – The Summit Construction Update, June 2024

Positioned on the highest point in Providenciales, The Summit offers 180-degree ocean views over the North Shore. With vantage points ranging from 94 to 160 feet above sea level, the developers of Ridgeview and Karaya Blue, Latitude 22, continue to work diligently in this private residential enclave, in the much-loved Blue Mountain neighborhood.

Environmentally sustainable, the design includes not only 7.5kw of 20 roof mounted Solar Panels, Tesla Powerwall, and a living โ€˜greenโ€™ roofs. Jรถrg Breuning, the founder of Green Roof Technology, is leading the Living Roof project at The Summit. With 40 years of pioneering experience in the field, Mr. Breuning will ensure that the living roofs are meticulously designed to complement the unique climate and ecology of the Turks and Caicos region. The installation of the living roofs for Villas 4 and 5 is projected to be completed by the end of September, with landscaping scheduled to commence in November.

Construction Update:

Villas 4, 5, and 7 have been sold.

The millwork and tiling for Villa 5 are complete, and furniture installation is scheduled for August.

The first living roof installation on Villa 5 is estimated to begin in August or September, aligning with the villaโ€™s substantial completion.

Villa 4 is nearing watertight, with doors and windows installed, and is on schedule for completion next January.

Villa 7 construction will commence next August.

Lots 1, 2 and 3 sitting at 94โ€™ above sea level remain available.  Lot 6, the only single storey design at 110โ€™ above sea level is available, as well as Lot 8 at 151โ€™ above sea level.  Lot 9 is reserved.

Link to the Summit listings   


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 and Caicos Reports Record Tourism Growth for 2024, with Several Luxury Resorts Set to Open Between 2024 and 2026

Tourism in Turks and Caicos has gotten off to a record-breaking start this year.

Both cruise and air arrivals to the Caribbean archipelago destination have experienced significant growth between January and May of 2024.

Air arrivals, in particular, are up 10.85 percent over the same period last year with the majority of those arrivals being travelers from the United States. March was the busiest month of all, with a record-breaking 77,559 air arrivals, which amounted to a 15.57 percent increase over the same month last year.

Cruise arrivals in Turks and Caicos are also breaking records with 29 calls to port in April 2024. That figure is the highest number of the year so far, followed by 26 calls in May, which is a 73.74 percent increase in cruise passengers compared to May 2023.

Arrivals to the islands are also expected to remain strong for the coming months, reaching a 24 percent year-over-year increase through August, according to data from the 2024 Amadeus Destination Insights Report, which tracks travel searches and future bookings.

Occupancy rates are also surging inย Turks and Caicosย and are now the highest in the Caribbean region at 87 percent. This is compared to Saint Luciaโ€™s 85.5 percent occupancy rate and Arubaโ€™s 84.3 percent occupancy levels.

In conjunction with the visitation spike, several luxurious resorts and residential developments are preparing to open between 2024 and 2026, according to Experience Turks and Caicos, the tourism authority for the destination. The openings on tap for the destination include:

  • South Bank:ย Grace Bay Resortsโ€™ newest luxury residential resort and marina, South Bank is slated to open in November 2024.
  • The Strand:ย Luxury and sustainable beachfront villas and custom residences, The Strand is expected to open in fall 2024.
  • Salterra Resort & Spa:ย This 100-room resort on South Caicos is scheduled to be opened in February 2025 by The Luxury Collection.
  • The Andaz Turks & Caicos:ย The first Hyatt property on the island, The Andaz Turks & Caicos will be a 59-key resort and 74 residences. A late 2025 opening is planned.
  • The Loren at Turtle Cove:ย Further out on the openings timeline,the The Loren will offer luxury residences including six private beachfront villas, 25 condominium units and 33-guest suites. The property is scheduled to open in 2026.
  • The Point:ย Yet another new Grace Bay Resorts residential offering, The Point will feature 56 homes. A late 2026 opening is planned.
  • Kempinski Grace Bay:ย This upcoming property will feature new luxury beachfront residences and a resort. A specific opening date has yet to be announced.

โ€œWe are thrilled to share that tourism in the Turks and Caicos Islands is at an all-time high,” Hon. Josephine Connolly, minister of tourism for the Turks and Caicos Islands, said in a statement. โ€œWeโ€™re proud to build on such a successful start to the year as we gear up to welcome several new luxury resorts and properties in the second half of 2024 and beyond.โ€

These record statistics for early 2024 follow a busy 2023. Last year the destination welcomed more than 1.5 million visitors, a figure that surpassed the previous year in both air and cruise arrivals.

And in still more evidence of the surging popularity that Turks and Caicos is experiencing, recent research released by Google Flights shows that for U.S.-based travelers, the Turks and Caicos Islands is the most searched destination for couples and family vacations. Turks and Caicos is along among the top five choices for solo travelers for summer 2024.

Altogether, search volume from the U.S. has reached 10.84 million searches to date, an increase of 14 percent from 2023.

Source: TravelPulse