Turks & Caicos Real Estate – Rock House Resort Starts Construction

We are pleased to announce ROCK HOUSE has broken ground and construction has commenced on the majestic 14-acre waterfront site with the official Groundbreaking Event taking place last weekend.
Government officials and the community showed up to support Grace Bay Resorts and watched as CEO & Developer Mark Durliat gave a heartfelt speech to his faithful hospitality team, many of whom have worked with Grace Bay Resorts for decades.
ROCK HOUSE is the latest development from acclaimed Grace Bay Resorts. Unlike any resort seen before in the Turks & Caicos, this unique development and residential vision is located on the north coast of Providenciales, with 600 feet of frontage and peaks soaring 95 feet above sea level.
Taking inspiration from the allure and sophistication of European hotels along the Mediterranean coast, South of France and remote isle of Capri, ROCK HOUSE has committed the same detailed attention to its method of construction, as it has to the design phase of its refined resort experience. Ensuring native trees, shrubs, orchids and succulents will be incorporated into the completed resort by preserving indigenous vegetation that has occupied the lush and varied landscape for hundreds of years.
“Reusing these natural materials and landscape from this historic site remains true to the Rock House spirit. We seek to ensure a very low environmental impact, with deep sustainability and a sense that this special resort property has been here for years.” – Mark Durliat, CEO & Developer, Grace Bay Resorts.

Link to Available Listings at Rock House Resort

Rock House Resort, Turks & Caicos Update

Rock House November 2018 Update
We are pleased to provide you with our latest update on the highly anticipated Rock House Turks & Caicos. The project continues to gain momentum, with 19 contracts exchanged out of 37 residences available, resulting in a 68% commitment for our units in the initial Oceanfront Cottage and Ridge Cottage release (Phase 1).  We are also excited to announce the release of Rock House’s Phase 2 units with the Hilltop Condos. The concept provides for the creation of three (3) new buildings of three units each, over two floors. Each unit is a two-bedroom, two-bathroom with lockout capabilities and an expansive balcony with breathtaking views over the Rock House coastline. Measuring approximately 1,500 sq. feet with larger units of 1,900 sq. feet, the units are priced at $1.195M – $1.475M for the penthouse spanning the entire top floor.  Buyers will receive separate title to the one-bedroom and studio components of the two-bedroom, and can also opt to purchase a one-bedroom independently from the outset with a price-point of $695,000. Please inquire with our Turks & Caicos Sotheby’s International Realty team for more details. What’s more is the introduction of our unique “quarry pool” in this Phase 2 location, a new feature that all owners and guests will enjoy, and which will create a further identifier for this iconic resort property. As always, the goal is to introduce new and exciting concepts that will further elevate this project to a leading position in the Turks & Caicos Islands and the Caribbean region. We are thrilled to see it all take shape as we move towards the target of commencing construction on the Phase 1 units in early 2019. Finally, we are pleased to announce the approval for an exclusive Rock House buyer’s financing program from Grace Bay Resorts’ longtime partner, Scotiabank. For those wishing to finance part of their purchase, this is a unique opportunity that other pre-construction projects do not offer. The final details of this buyer financing are still being worked out and we will keep you updated on this.  We hope you will decide to a part of what will become a truly special place in the Turks and Caicos.
  Sincerely,   Mark Durliat, CEO & Developer, Grace Bay Resorts

Link to Media Coverage by Forbes.com

Rock House Resort Introduces Additional Plans


Click here to read about the additional plans!

Turks & Caicos Real Estate Year End Market Report 2017

TCI STRONG INDEED!

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Turks & Caicos Real Estate 2ndQ Market Report 2017

SECOND QUARTER REGAINS MOMENTUM LED BY LUXURY VILLA SALES

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Turks & Caicos Construction Update – The Dunes Villas

In early September 2014, The Dunes Development ( #turksandcaicos ) broke ground on the first building of a two villa micro-resort concept  and design which, after completion, will be managed by Grace Bay Resorts, the leader in the short term rental market in  Providenciales with Grace Bay Club, The Estates at Grace Bay Club, West Bay Club and the new villas The Residences.  The Dunes will be a welcome addition to Grace Bay Resorts rental portfolio. We welcome you to view our April 2015 construction update. Click on the picture below to download the 6 page PDF update.

Turks and Caicos Real Estate

 

Turks & Caicos Real Estate 2013 Year End Market Report

Turks & Caicos Market Report

As we ring in 2014, Turks & Caicos Sotheby’s International Realty (TCSIR) celebrates another record year, and our fourth consecutive year in the number one market share position, on the strength of the production of a great team.  Link to complete report.

by Turks & Caicos Sotheby’s International Realty

Turks & Caicos Real Estate Market Report – 2nd Quarter 2013

MarketReport2ndQ2013After a tepid start to the year, Turks & Caicos had a strong second quarter to finish the first half of the year up 16.9%  in dollar volume over last year. This increase is mostly based on the 16.5M Grace Bay beach transaction to the same Venezuelan hotel developer (Desarrollos Hotelco Turks & Caicos Ltd. (DHTCI)), behind the JW Marriot project to the west of Seven Stars. In addition, the July 1st increase in stamp duty fueled a number of deals into late June closings.

Click here to read more 

Joe Zahm, President, Turks & Caicos Sotheby’s International Realty

t. 649.946.4474  c. 649.231.6188  turksandcaicossir.com

GRACE BAY RESORTS ANNOUNCES THE RESIDENCES, THE FIRST LUXURY MICRO-RESORT IN THE TURKS AND CAICOS

GRACE BAY RESORTS ANNOUNCES THE RESIDENCES, THE FIRST LUXURY MICRO-RESORT IN THE TURKS AND CAICOS

Boutique Developer Redefines Villa Ownership with Sophisticated Beachfront Residences on Award-Winning Grace Bay Beach

The Residences Grace Bay BeachfrontProvidenciales, Turks and Caicos – February 27, 2013 – Poised to become the most coveted address in Providenciales, Grace Bay Resorts introduces The Residences, the award-winning hospitality brand’s first-ever standalone residential villa enclave in Turks and Caicos.  Dubbed a “micro-resort,” The Residences offer all the handmade comforts of a private home with the management and luxury services of a five-star resort.  Paired with the hospitality group’s personal concierge service and unrivaled attention to detail, The Residences on Grace Bay Beach exemplify the luxury lifestyle experience in the Caribbean.

Comprised of three luxury homes currently under development, the micro-resort combines sophisticated, elegant design with the highest level of service and exclusive amenities.  Each of the custom-designed homes is located on a 95-foot-wide freehold parcel of private beachfront and offers over 6,000 square feet of indoor and outdoor space, four bedrooms, four and a half bathrooms, and 2,600 square feet of external area with private deck surrounding an infinity pool and outdoor shower. The two oversized master bedrooms provide oceanfront views, while the master bathrooms boasts free-standing tubs, glass showers and double vanities.  Expansive living and dining areas offer 14’ ceilings, solid wood kitchens with appliances from Sub-Zero and Wolf and the highest quality imported fixtures and finishings.

The Residences are designed by Coast Architects from the UK, known for its work with Amanyara, Parrot Cay and a multitude of super luxury residences in Turks and Caicos.

“Grace Bay Beach offers an unparalleled location for launching Grace Bay Resorts’ first freestanding residential concept. We continue to see significant interest in this type of property on Providenciales from our most sophisticated luxury customers, who are interested in buying residential property or renting for short term, high-end family vacations,” states Mark Durliat, Chief Executive Officer and Principal of Grace Bay Resorts. “Ownership of a single family home on Grace Bay Beach is a rare opportunity, particularly one managed by a proven resort developer and operator. We are confident in the potential of The Residences as this is a luxury offering not previously available in the marketplace.”

In addition to calling Grace Bay Beach home, owners are provided access to the resort property’s common areas and amenities, including an elegant owners’ library, a reception area where guests are able to check in and access on-site management and concierge staff, and a fully-equipped fitness center. In-villa services include spa treatments, in-room chefs, concierge services, housekeeping, maintenance and beach services, as well as preferential access to the award-winning Grace Bay Club, including signing privileges at all restaurants and bars. While not in residence, owners can opt to rent their home to high-end travelers seeking an ultra-luxury, private vacation experience.  Prices for The Residences start at $3.7 million, with Turks and Caicos Sotheby’s International Realty managing all sales efforts on behalf of Grace Bay Resorts. www.GBResidences.com

**Prices and availability are subject to change without notice.

 About Grace Bay Resorts

Grace Bay Resorts is a boutique developer and operator of high-end, luxury resorts and branded residences, founded from its flagship property Grace Bay Club in Turks and Caicos which opened in 1993. Led by Mark Durliat and Nikheel Advani, the developers and hoteliers behind this renowned resort, and Michael Brewster, Grace Bay Resorts provides development, branding and management for its brand and is expanding its award-winning services into other Caribbean destinations and Latin America, with a target of 10 properties in the next few years. For more information, please visit www.gracebayresorts.com.

About Turks & Caicos Sotheby’s International Realty

Led by President / Broker Joe Zahm, Turks & Caicos Sotheby’s International Realty is the leading real estate company in the Turks & Caicos Islands and enjoys a solid number one market share position. TCSIR has enjoyed great success with Mark Durliat and the Grace Bay Resorts brand and operates its flagship office on Grace Bay Road as well as an on – site office at the renowned Grace Bay Club. http://turksandcaicossir.com

About Coast Architects

Founded in 2007 by Simon Nicholls and Chris Davies, Coast is one of the leading architectural firms in the Turks & Caicos Islands. Specializing in high-end residential villas and resort projects, Coast works with clients and consultants from all over the world and provides comprehensive architectural services, design coordination, contract administration, landscape design and interior design including procurement and installation. www.coast.tc

Media Contact:

Courtney Marzahn

Susan Magrino Agency

212.957.3005 / courtney.marzahn@smapr.com

Turks & Caicos Islands Shines in Conde Nast Traveler – Readers’ Choice Awards 2012

Condé Nast Traveler Readers’ Choice Awards where readers participate online in awarding properties and destinations by rating them in several categories.  We are pleased that Turks & Caicos continues to shine as a tourist destination with the following list of awards:

Turks & Caicos Islands – Top 10 Islands in the Caribbean & Atlantic Region 2012

Parrot Cay Resort – World’s Best Places to Stay Gold List 2012, Top 30 Hotels in Caribbean & Atlantic 2012, Top 25 Spas in Caribbean & Atlantic 2012

Amanyara Resort – World’s Best Places to Stay Gold List 2012, Top 30 Hotels in Caribbean & Atlantic 2012

Grace Bay Club – World’s Best Places to Stay Gold List 2012, Top 30 Hotels in Caribbean & Atlantic 2012

Seven Stars Resort – Top 15 Hotels & Resorts in Caribbean 2012, Top 12 Resorts in Atlantic Ocean 2012

The Regent Palms – Top 12 Resorts in Atlantic Ocean 2012, Top 25 Spas in Caribbean & Atlantic 2012

Gansevoort Turks & Caicos – Top 30 Hotels in Caribbean & Atlantic 2012

The Sands on Grace Bay – Top 30 Hotels in Caribbean & Atlantic 2012

Congratulations to all the hotels and resorts for your continued efforts in serving and pampering your guests who clearly enjoy travelling to our beautiful islands and resorts.

Click on this link for further information on the Condé Nast Traveler Readers’ Choice Awards.