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 Caribbeanโs most breathtaking shorelinesโideal 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 versatilityโwhether 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 landโit 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.
Contact the listing agents to explore this exceptional offering:
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs 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.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
Find Turks & Caicos Sothebyโs International Realty past Market Reports link here.
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
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.
โWe are thrilled to officially open our doors to The Strandโs 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.
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs 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 Sothebyโs International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474
Watch the listing video by click on the image above
Thoughtfully designed for family gatherings, this 7-bedroom beachfront villa offers multiple primary suites and is the ideal multi-generational home, serviced and managed by Beach Enclave.
This impeccably designed and decorated beachfront residence, featuring 7 bedrooms, 7 full bathrooms, and 2 half bathrooms, is nestled within Beach Enclave Grace Bayโan exclusive gated community of just nine villas set amid multiple acres of central garden space. As one of only three beachfront properties, Villa 2 represents the first beachfront offering to enter the re-sale market since the community’s inception. Situated on a private .76-acre lot, this sunset-facing residence encompasses nearly 7,500 square feet of covered space and 3,000 square feet of exterior living area. Elevated above the beach dune, the home offers spectacular ocean views while maintaining privacy throughout its interior and exterior spaces.
The main level showcases a stunning great room with high ceilings and glass sliding doors that seamlessly connect to both the gardens and oceanfront. A well-appointed family kitchen features a service entry, pantry/prep area, and laundry room. The first floor is completed by a main level primary bedroom and double-height covered outdoor living area. The outdoor space includes a signature suspended daybed adjoining a shaded lounge area, positioned above a sun deck with hot tub. For beach convenience, a poolside storage area for water toys includes a shower and half bathroom.
The second level, accessed by a custom wood-clad staircase, comprises six additional bedrooms, including four with ocean views. Two primary suites each feature indoor and outdoor showers, while owner’s lockable storage and a second laundry room provide added convenience. Two bedrooms are outfitted with custom full-size bunk beds, each sleeping four guests. The outdoor amenities are anchored by a 42′ x 16′ lap pool with a 5′ beach edge for in-water lounging, complemented by shaded dining and lounge areas, a sundeck, and a beachfront sunset firepit lounge.
The property’s privacy is enhanced by lush landscaping framing the driveway. Just seven minutes from Grace Bay’s attractions, the Beach Enclave community provides residents with access to an on-site gym, tennis court, and management reception. While not currently participating in Beach Enclave’s rental program, the villa is eligible for inclusion should future owners desire.
Additional rental program details are available upon request.
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs 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 Sothebyโs International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474
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 2017โ2020, 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 wonโt 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
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 Sothebyโs International Realty past Market Reports link here.
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs signature office is ideally located in uptown Grace Bay with satellite offices at Grace Bay Club, The Palms, Point Grace and South Bank.
Itโs a fresh new chapter in paradise as The Hartling Group proudly reopened The Palms Turks & Caicos on December 14, 2025.
After an impressive $18 million renovation, this iconic gem situated on world famous Grace Bay Beach is bursting with enhancements designed to elevate every moment for our cherished guests, friends, and owners. Completed by EoA, Design, RAD Architecture Inc and Hartling Construction, this resort transformation was a collaborative effort by the industryโs finest creative teams.
The Palms now features an expansive outdoor experience, complete with a stunning new pool deck, new oceanfront restaurant, and beautifully refreshed guest roomsโall crafted to deepen your connection with the spectacular surroundings and vibrant community of Turks and Caicos.
The Palms has always embodied the enchanting spirit of the Turks & Caicos Islands, where luxury seamlessly intertwines with natureโs beauty. This reimagination amplifies that essence, fusing the familiar warmth you love with inspired, reimagined spaces. Rooted in biophilic design, every corner invites you to immerse yourself in luxuryโthink earthy tones, organic textures, and designs that echo the rhythm of the island.
“As we approach our 20th anniversary in 2025, this renovation stands as a powerful tribute to our loyal guests and our mission to elevate their experience,โ said Stan Hartling, CEO of The Hartling Group. โWe’re not simply refreshing spacesโwe’re setting the standard for opulence in Turks & Caicos, and this transformation takes it to new heights.โ
At the heart of this transformation lies the reimagined pool deckโa true game-changer in Caribbean luxury. Picture a stunning oceanfront infinity pool glistening in the sun, a chic swim-up bar serving craft cocktails, and inviting lounge areas adorned with handcrafted textiles and artisanal accents. The ambiance is a balance of elevated relaxationโthink hidden alcoves for peaceful retreats, luxurious day beds draped in soft fabrics, and glimmering rattan lanterns illuminating your evenings. With its rustic elegance and shaded dining spaces, the new deck is the ultimate haven where the Caribbeanโs captivating beauty meets innovative design.
Adding to the excitement, the addition of Sรญ Sรญโa new oceanfront Mexican-inspired restaurant set to tantalize your taste buds. With the Caribbean sea as its breathtaking backdrop, and led by the talented Executive Chef Rajasaker Ravindran, along with a renowned guest Chef and collaborator Elia Herrera, guests can expect an exhilarating blend of traditional and contemporary Mexican flavors with every dish. Signature delights will include Corn Bread Soufflรฉ, Shrimp Coconut Ceviche, Queso Fundido, Salpicรณn de Pescado and Chicken Tinga, just to name a few.
The Palmsโ guest rooms have received a thoughtful refresh, enhancing comfort and style with completely refurbished bathrooms, upgraded kitchen countertops, chic lighting, and fresh hues. New textiles add a modern touch, making every moment in your room feel like an extension of the islandโs welcoming spirit. The Palms Turks & Caicos is reaffirming its place as a premier destination, offering both modern hospitality and a deep reverence for the natural beauty and heritage of the island.
About The Palms Turks & Caicos
The Palms Turks and Caicos, opened in 2005 is the epitome of timeless sophistication in the Caribbean. With colonially inspired design, The Palms transports guests to a classic island experience with 72 oceanfront suites featuring panoramic views, luxurious and spacious accommodations and highly personalized service. Located on the famed Grace Bay Beach, the regal entrance to The Palms makes way to high-end retail shops, an infinity pool and swim-up bar, new oceanfront restaurant Sรญ Sรญ, 25,000 sq. ft Spa, the al fresco award-winning Parallel 23 restaurant, chic event and meeting space, croquet lawn, tennis courts, and complimentary water sports on white sand beaches.
About Hartling Resorts
Hartling Resorts is a resort management company in Turks and Caicos, specializing in real estate sales and development of luxury Caribbean resorts, condominiums and villas. Founded by Stan Hartling in 1997, Hartling Resorts brings a new level of real estate property development and management services to the Turks & Caicos Islands. Hartling Resorts’ mandate includes providing seamless integration of design, development, and management expertise, whereby each element fuses naturally into the other, and the resulting quality of the project surpasses the sum of its individual parts. Hartling Resorts Resorts in Turks and Caicos include The Sands at Grace Bay, The Palms Turks and Caicos and The Shore Club Turks and Caicos.
SOURCE: TC SUN News
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs 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.
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 Blakstadโs 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 siteโs 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 Sothebyโs 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 Enclaveโs dedication to maintaining a โbarefoot 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.
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs 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.
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 โNew 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 Clubโs 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
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs 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 Sothebyโs International Realty, Venture House, Grace Bay Road, Providenciales | info@tcsothebysrealty.com | 1.649.946.4474
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!
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 Sothebyโs International Realty past Market Reports link here.
About Turks & Caicos Sothebyโs International Realty Turks & Caicos Sothebyโs 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 worldโs 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 firmโs 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
This summer, Nina Siegenthaler of Turks & Caicos Sothebyโs International Realty referred a buyer to Frรฉdรฉric Barth of Cรดte dโAzur Sothebyโs International Realty, culminating in the extraordinary $25 million sale of Chรขteau Lรฉrins in Mougins, France. This former monastery stands as a rare example of a residential project in France by the renowned British architect, Sir Edwin Lutyens, boasting a large swimming pool, a pool house, a tennis court, a pรฉtanque court, and ancient olive trees believed to be over 1,000 years old.
This is the power of the Sotheby’s International Realty network.
Overlooking the bay of Cannes and the Esterel, in the heart of a secure estate betweenย Mouginsย and Cannes, just a few kilometers from the beaches, this magnificent Master’s residence is nestled in the heart of 19 hectares of forest (classified wooded area), olive trees,ย vegetable garden, and numerous Mediterranean species. 5 hectares of fully landscaped and enclosed land surround the property, providing perfect privacy.
The approximately 1,400 mยฒ chateau is a former monastery built by the monks of the Lรฉrins Islands and was transformed into an aristocratic residence of the French Riviera by Sir Edwin Lutyens in 1912. It was only after the First World War that the chateau was acquired by Baron Wolverton and became his holiday home for several decades.
In the 1980s and 1990s, many movie stars and celebritiesย stayed there. Recently, the chateau has beenย completely renovatedย and restored with high-quality noble materials and now benefits from the latest technologies and unparalleled comfort.
A 21x6m swimming pool, a sumptuous fully equippedย pool house with a 90mยฒ summer lounge, a clayย tennis court, a 130mยฒย golfย practice area with putting and chipping green, a spa, a gym, as well as a petanque court, a guardian’s house of approximately 170mยฒ, and a barn to be restored (potential area of approximately 350mยฒ) complete its many advantages.