Turks & Caicos Real Estate 2ndQ Market Report 2017

SECOND QUARTER REGAINS MOMENTUM LED BY LUXURY VILLA SALES

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Turks & Caicos Sotheby’s International Realty Closes Significant Sale of $17 Million

Turks & Caicos Sotheby’s International Realty is pleased to announce the recent significant sale of Serenity Villa on the private island of Parrot Cay.

Serenity Villa is nestled in a stunning half moon bay on the exclusive island of Parrot Cay and is an outstanding achievement in beachfront elegance and sophisticated architectural design. Set on 5.38 lush acres fronting 373 feet of sugary white sand and brilliant turquoise water, Serenity Villa’s design ethos is sensitive to its surroundings, reflecting the natural aesthetic for which Parrot Cay is known.  The 8,645 square foot villa is an oceanfront estate like no other, a home where every detail has been thoughtfully conceived without compromise. Serviced by COMO Parrot Cay.  Sale closed: July 2017.  Price $17M

 

 

A Powerful Statement – Sotheby’s International Realty

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Sotheby’s International Realty’s Avalanche Billboard

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Turks and Caicos is Top Waterfront Lifestyle

Emerging luxury consumers are defined as those with $250K USD – $1M USD in investable assets; they are on the cusp of attaining traditional wealth status.  The Sotheby’s International Realty brand has released “Global Affluence: The Emerging Luxury Consumer,” a report that provides an overview of the confidence, purchasing patterns and luxury real estate intentions of these high-earning consumers from the United States, United Kingdom, United Arab Emirates, India and China.  We have our eye on the future and are perfectly positioned to unite these extraordinary lives with extraordinary lifestyles.

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Turks and Caicos is Top Waterfront Lifestyle – see page 10

Turks & Caicos Real Estate 1stQ Market Report 2017

The Real Estate Market Remains Steady:  This 1st Quarter of 2017 shows 5% more in sold listings but with a 33% lower dollar volume due to longer closing times causing a soft 4th Quarter in 2016 and the fact that the 1st Quarter of 2016 recorded a significant sale in Parrot Cay of $27.5 million.  Click here to download the report. 

Turks & Caicos Sotheby’s International Realty

The Shore Club, Long Bay, Providenciales

The Shore Club in Long Bay opened to owners and guests during the December holidays and since has received rave reviews on the superior architecture, finishing detail, furniture and the stand-out amenities offered.  While the condominiums and the amenities are now completed and fully functional, there are 6 private villas currently being constructed along the east side of the condominium buildings.  The only resort of it’s kind on Long Bay Beachfront and in the Turks & Caicos Islands.

We welcome you to view this video link of The Shore Club Penthouse to show you just how beautiful this development is.  To fully appreciate it, a visit is highly recommended.

Turks & Caicos Sotheby’s International Realty

Turks & Caicos Real Estate Market Report Year End 2016

Turks and Caicos Real Estate

STRONG FUNDAMENTALS LEAD TCI EVOLUTION

Well, the word is out – really out! From mentions on late night TV talk shows, to articles in high profile magazines, and postings on celebrity Instagram accounts, Turks and Caicos is generating strong buzz as the destination for cool, hassle free, luxury vacations. This recognition has translated to strong growth in tourism and real estate. This buzz and growth, however, would not be possible without strong fundamentals such as quality beaches, water and climate, quality tourism and real estate product, ease of access and use.

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TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY WINS 5 STAR AWARD

Turks and Caicos Real estate

LONDON, England (December 11,2016) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, Turks & Caicos, has been presented with the 5 Star Award for Best Real Estate Agency Marketing in The 24th International Property Awards 2016, at The Savoy Hotel. Turks & Caicos Sotheby’s International Realty competed against the best real estate professionals across America to be awarded this title.

The International Property Awards are the region’s largest, most prestigious, and widely recognized property awards and are judged by an independent panel of 70 industry experts. The judges consider design, quality, service, innovation, originality, and commitment to sustainability when making their decision. The judging panel is chaired by Lord Caithness, Lord Best, and Lord Liverpool, members of the House of Lords in the UK Parliament. The Telegraph newspaper is the headline sponsor of The Property Awards, with Emirates the official airline sponsor.

“We are thrilled to have won this prestigious award for our marketing efforts. This demonstrates that our real estate agency delivers an unprecedented level of marketing initiatives within our jurisdiction as well as in comparison to the Americas region,” states Denise Douglas, Office and Marketing Manager for Turks & Caicos Sotheby’s International Realty. “The preparation for this event brought to light just how vast our marketing program is which ultimately benefits our vendors and purchasers.”

This year’s winners can be viewed on the official Awards website at www.propertyawards.net

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Turks & Caicos Sotheby’s International Realty +1.649.946.4474

Stunning Shore Club Turks and Caicos to Open Soon

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The Caribbean’s most stunning new resort is opening in December in Turks and Caicos: The Shore Club.  The Hartling Group’s newest property is a $100 million resort project on Long Bay Beach in Providenciales and is immediately a game-changer for the Caribbean’s luxury hotel market.  Link to Article

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Alexander Britell, CJ Editor in Chief, Caribbean Journal