Turks and Caicos Real Estate – 3rd Quarter 2025 YTD Comparison Market Report

Turks and Caicos Real Estate: Positioning for the Push

Calm on the Surface, Power Beneath the Waves
Q3 wasnโ€™t about fireworksโ€”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 isnโ€™t about the slowdown. The real story is whatโ€™s happening underneath it: serious buyers circling, record-setting deals closing, and momentum quietly building beneath the surface.

The seasonal โ€œGone Fishingโ€ lullโ€”a blend of travel patterns, global volatility and strategic patienceโ€”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 Edgeโ€”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 isnโ€™t just filler inventoryโ€”weโ€™re talking about best-in-class villas, ultra-luxury beachfront estates, and rare land parcels that havenโ€™t been on the market in years. For buyers who understand timing, this is the window theyโ€™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:

โ€ข The Point by Grace Bay Resorts (SWA Architects and Young Huh Design)
โ€ข M-House by Beach Enclave (Blakstad Ibiza Architects)
โ€ข Arc at South Bank (Piero Lissoni)
โ€ข Janu by Amanresorts (coming soon) Manual Cervantes
โ€ข 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 fallโ€”a defining moment for one of the regionโ€™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 hasnโ€™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 arenโ€™t just salesโ€”theyโ€™re statements. Buyers are still chasing quality, and theyโ€™re willing to pay for it.

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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 strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

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

Arc Sky Villas Rising to the 5th Level, Long Bay, Providenciales, Turks & Caicos

August 2025 Construction Update:

Arc is advancing rapidly, with exciting milestones underway. The walls and columns on the 4th level are progressing, and the first phase of the 5th level slab has now been poured, with the second phase scheduled for early August. Arc remains on track to reach roof level in a few months’ time, with full completion anticipated in late 2026.

Limited Sky Villas remain availableโ€”including two 2-bedrooms, two 3-bedrooms, and the expansive 12,630 sq ft Penthouseโ€”as discerning interest continues to build. With sweeping views of the Caicos Bank, Juba Sound, and the South Bank Lagoon, these residences offer a truly one-of-a-kind living experience. As construction pricing remains in place, now is the ideal time to secure one of the remaining Sky Villas. Owners will enjoy the luxury, elegance, and serenity of South Bank living, with the developers adding a benefit ofย 60 days of complimentary Boathouse accommodationโ€”designed to immerse new residents in the South Bank lifestyle even before their Sky Villa is ready for move-in.

Step Inside Arc Sky Villas: A Virtual Tour of Elevated Beachfront Living!

Arc represents the pinnacle of South Bankโ€™s vision, both as its final neighborhood and as the communityโ€™s signature architectural statement. Designed by the world-renowned Italian architect, art director, and designer, Piero Lissoni, Arc defines the height of luxury, sophistication, and modern design. This exclusive collection of Sky Villas offers a rare opportunity to experience beachfront living elevated to the highest level of elegance.ย 

With only 17 Sky Villas in total, Arc delivers an exceptional standard of exclusivity, providing an oasis of tranquility in one of the Caribbeanโ€™s most coveted locations. Each Sky Villa is a masterpiece of indoor-outdoor living, with bespoke Boffi kitchens, Gaggenau appliances and a raised, heated pool and/or hot tub that invites ultimate relaxation. The outdoor rain shower and outdoor kitchen with a BBQ further enhance the seamless connection between the indoor and outdoor spaces, making Arc the perfect sanctuary for both intimate moments and grand gatherings.ย 

Accessed by a dedicated elevator (shared by just two villas), each Sky Villa also comes with its own dedicated underground parking space, ensuring convenience and privacy at every level. With breathtaking views of the Caicos Bank, Juba Sound, and the South Bank Lagoon, Arc offers an unrivalled living experience.ย 

Step inside and experience the extraordinary design, breathtaking views, and serenity that make Arc the epitome of refined island living.

Contact our office for further details or visit the remaining listings on our website https://turksandcaicossir.com/


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

For more information please visit www.turksandcaicossir.com.

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

Turks and Caicos Real Estate – 2nd Quarter 2025 YTD Comparison Market Report

Turks and Caicos Real Estate: Market Recalibration in Motion

Growth is never lineal and growing markets simply donโ€™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 yearsโ€”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.

Wishing you a wonderful summer ahead!

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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 strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

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

Turks & Caicos Real Estate – The Finest Commercialย Beachfront Site onย Providenciales

Prime location with exceptional beach frontage

Optimally positioned between Wymara Resort and West Bay Club to the west, and the Beach House and Andaz TC Residences to the east, this spectacular site offers a premier development opportunity on Grace Bay. Spanning 6.17 acres, this exceptional parcel boasts an impressive 526 linear feet of pristine beachfront, complete with natural dunes and uninterrupted views of the turquoise waters. Its location within one of the most coveted stretches of beach frontage makes it ideal for a luxury beachfront development.

Boasting 526 linear feet of pristine white sand frontage and a gently undulating dune system, the site offers direct access to one of the Caribbeanโ€™s most breathtaking shorelinesโ€”ideal for crafting a world-class beachfront retreat.

This premier property is perfectly situated to capitalize on the continued growth and prestige of the Grace Bay area. Zoned to permit development of up to 12 stories, the parcel provides unmatched versatilityโ€”whether envisioned as a luxury condo-hotel, branded residences, or a gated enclave of ultra-high-end beachfront villas.

This site is not just a parcel of landโ€”it is a blank canvas for a visionary developer to create an iconic legacy in one of the most sought-after destinations in the Caribbean. With proximity to high-end resorts, dining, and amenities, and unrivaled beachfront access, this is a once-in-a-generation opportunity to shape the future of Grace Bay luxury.

CLICK HERE TO VIEW THE BROCHURE

Contact the listing agents to explore this exceptional offering:


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

For more information please visit www.turksandcaicossir.com.

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

Turks and Caicos Real Estate – 1st Quarter 2025 YTD Comparison Market Report

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.ย 

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).ย ย 

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.ย 

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.ย 

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.ย 

Happy Spring 2025!ย 

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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 strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

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

Forging a Strong Partnership with Scotiabank Turks and Caicos: Unlocking Opportunities for Investors

Turks & Caicos Sothebyโ€™s International Realty recently had the privilege of hosting Scotiabank Turks and Caicos exploring innovative and efficient ways to connect clients with the bankโ€™s range of services. This partnership reinforces smoother processes in providing enhanced resources to those looking to invest in the Turks and Caicos Islands.

The mortgage presentation, led by Marcus Moxey, Branch Manager, Lorniqua Gardiner, Premium Relationship Officer, and Joranda Lightbourne, was both insightful and enlightening. The team from Scotiabank shared valuable information about the wide array of mortgage and financial services they offer, making it easier for potential investors to navigate the financial landscape when considering a property investment in the Turks and Caicos Islands.

One of the key takeaways from the presentation was the bankโ€™s commitment to providing efficient, personalized financial services that cater to the diverse needs of investors. From competitive mortgage rates to flexible payment terms, Scotiabank ensures that clients have access to the best possible resources to make their investments in the Turks and Caicos Islands a reality.

Whether you are an experienced investor or a first-time buyer, the expertise offered by both Scotiabank and our team at Turks & Caicos Sothebyโ€™s International Realty can help you navigate the market with confidence.

For more information on the various investment opportunities in the Turks and Caicos Islands, we encourage you to reach out to any of our knowledgeable experts. THE LINK HERE

You can also visit our website, where youโ€™ll find in-depth resources, insights, and details about the many advantages of investing in this paradise. Our Buyer’s Guide can help you navigate through the steps of owning in the Turks and Caicos Islands. THE 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 Sothebyโ€™s International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474

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

Development Update, February 2025

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

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

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

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

Link to Full Development Update Report

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

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

TCI Shatters Tourism Records With Nearly Two Million Arrivals In 2024

The DelMar, The Strand, Cooper Jack Bay

Testament to its allure as a world-class destination, the Turks and Caicos Islands saw a staggering surge in tourism arrivals for 2024, reaching nearly two million visitors.

The breath-taking archipelago, renowned for its pristine beaches, turquoise waters, and luxurious resorts, witnessed an impressive 1,959,563 arrivals throughout the year, marking a significant increase from previous years. This remarkable achievement underscores the islands’ growing popularity and the effectiveness of strategic tourism initiatives.

A recent statement from Experience Turks and Caicos revealed that air arrivals alone soared to 734,308, representing a substantial 10.66 percent year-on-year increase, while cruise passenger arrivals reached an astounding 1,225,255, a remarkable 30.48 percent year-on-year increase.

These figures highlight the islands’ appeal to both air and sea travellers, solidifying its position as a premier Caribbean destination.

Minister of Tourism, Hon Josephine Connolly, expressed her elation at the news, stating, “I am elated at the continued upward trajectory of our tourism sector. Through the efforts of Experience Turks and Caicos and our hotel partners, our ‘Beautiful by Nature’ island has become one of the top trending destinations in the Caribbean.”

Minister Connolly’s optimism for the future is palpable, as she anticipates even stronger performance in 2025 and beyond. “I am optimistic that as we enter the 2025 season, we will perform even better,” she affirmed. “I am looking forward to the many exciting initiatives planned to boost our tourism industry and ensure that all of our citizens benefit from it.”

Several key factors have contributed to the Turks and Caicos Islands’ tourism success including enhanced relationships with travel advisors, new property developments, expanding room capacity, and increased media coverage have all played a crucial role in attracting visitors from around the globe.

The islands’ commitment to training and educating travel advisors has been instrumental in showcasing its unique offerings and fostering strong partnerships within the travel industry, Experience Turks and Caicos stated. 

Additionally, the opening of new properties, such as South Bank by Grace Bay Resorts and The Strand, and the renovation of existing resorts, have further enhanced the islands’ accommodation offerings, catering to a wide range of travellers.

Source: TCWeekly News


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 – Year In Review 2024 YTD Comparison

Real Estate Market Re-sets at Over Double Sales Volume Since 2020


Since the pivotal year of 2020, our real estate market has more than doubled over the prior pre-Covid period noting that from 2017โ€“2020, the market averaged circa $282M in total sales volume compared to the following four-year period 2021-2024 which has averaged an astounding $710M, a 151% increase! Further to this, the average price point during the same four-year period increased dramatically from circa $824,000 to $1,442,000, a growth of 75%. This spectacular progression in $ volume and average price illuminates Turks and Caicos position as a true luxury destination where quality luxury property and worldly luxury buyers have found a happy place.ย 

Also of interest, over the past four years, led by great new development such as South Bank, The Strand, Beach Enclave North Shore Phase 2, Rock House, The Villas at Blue Mountain and The Summit โ€“ along with select significant sales, Single Family Homes have excelled, averaging $360M in $ volume vs. an average of $178M for condominiums which ultimately accounted for 67% of residential sales. Average price in the two sectors follows suit, with SFH average price of $2,592,000 trumping condominium averages of $1,357,000.

ย However, while Single Family homes have ruled the day over these past four years, next gen condominium projects are now being heard from. With $363M in Pending (Under Contract) transactions, the preconstruction condominiums โ€“ led by The Point by Grace Bay Resorts, ARC Sky Villas at South Bank, Andaz Turks & Caicos by Hyatt, The St. Regis Residences and The Loren at Turtle Cove account for $240M of the $363M in residential sales (66%) โ€“ a complete reversal in market penetration! This next gen condominium boom can be readily seen from air and sea and road, whereas the major villa developments were more discreetly tucked away. With other amazing projects in the pipeline, our purchasers will have the best selection of inventory to choose from in the Caribbean!ย ย 

Significant Sales over $10M have shown steady growth, while the $20M+ market has expanded significantly since its first milestone sale on Parrot Cay in 2016. The luxury threshold continues to rise, with $30M+ transactions now occurring annually since 2023, establishing a new benchmark in the ultra-luxury segment. This pattern demonstrates the market’s sustained strength and evolution in the high-end property sector. With existing and in development significant estates now proliferating, it wonโ€™t be long until we see $50+ sales in our market, with $100M likely within the decade. Significant listings and sales of course make news, which is great for our jurisdiction as a luxury destination.ย 

As we look toward 2025, the growth and success of the luxury real estate market are poised to continue, securing the Turks and Caicos a top destination for investors and homeowners alike.ย 

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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 strong team of agents, TCSIR is influential in both the local community as well as the greater real estate industry worldwide. The firmโ€™s signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.

For more information please visit www.turksandcaicossir.com.

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

North Caicos: The Emerging Gem in the Turks & Caicos Islands

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

North Caicos is awakening to its potential as the new development island in the Turks & Caicos Islands. With the new ferry and port facility at Belfield’s Landing now online and expanding, to the promise of the airport reopening, along with a new FBO to accommodate private jets, and the North Caicos Yacht Club now offering many new canal front lots, as well as custom villas with an on island contractor and developer financing readily available, investment in North Caicos has never been more solid. 

Over the last couple of decades savvy investors have been purchasing coveted undeveloped beach front properties in North Caicos from Sandy Point to Whitby. These prospectors have been betting on North Caicos emerging as the โ€œNew Providencialesโ€. Although time has moved slowly, we are seeing positive signs of this inevitability. Proof of concept is already evident in the ultra-luxury development of Parrot Cay, the neighboring island to the west, with stunning multi-million-dollar beachfront villas, spa, restaurants, and beach club. 

North Caicos is not about exclusivity, in fact just the opposite. The island is about inclusivity, having opened its shores to international homeowner/investors looking for a slice of paradise and a throwback to the pioneering days of Provo, with modern comforts that come with the infrastructure already in place and slated for the future.  

The North Caicos Yacht Club, likened to an early Leeward on Providenciales, has all the makings of the next premier destination in the Turks & Caicos Islands, without the accompanying price tag. The North Caicos Yacht Clubโ€™s marina, beach club and restaurant amenities will offer North Caicos residents a new option for dining, entertainment, and relaxation.  Additionally, the NCYC developers have many years experience building on North Caicos which eases the new construction process on this outer island.

North Caicos offers a diverse range of real estate options, including canal-front residential lots, beachfront lots, and mixed-use properties. With three reserves already sold, this development is quickly capturing attention.

Prime Canal-Front Lots

  • 44 available lots ranging from 0.35 acres to 1.49 acres
  • Canal frontages from 60 Ft of Frontage to 308 Ft of Frontage
  • Starting at an attractive price of $265,000, these lots provide an exceptional opportunity for residents of Providenciales and beyond to secure canal-front living in a neighborhood already equipped with paved roads and underground utilities

Mixed-Use Lots

  • 7 remaining lots, ranging from 0.91 acres to 5.29 acres
  • Canal frontage from 150 Ft to 690 Ft of Frontage
  • Notably, one standout commercial lot features: 1090 Ft of Beach Frontage, 613 Ft of Canal Frontage and 1,512 Ft of Road Frontage

Building Plans Available

  • 1-bedroom canal front homes starting at $595,000
  • 3-bedroom canal front homes starting at $1,180,000
  • 4-bedroom canal front homes starting at $1,725,000

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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