Tag Archives: Sotheby’s International Realty

Turks & Caicos Sotheby’s International Realty Announces Top Network Sale

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FOR IMMEDIATE RELEASE

 Turks & Caicos Sotheby’s International Realty Announces Top Network Sale

Providenciales, Turks & Caicos (Apr 25, 2012) – Turks & Caicos Sotheby’s International Realty today announced it was recognized by the Sotheby’s International Realty® brand for having one of the top sales in its network for the month of January 2012.

 The firm earned the recognition for the sale of The Estate Penthouse in Providenciales, Turks & Caicos for $7,100,000, and was included in the brand’s monthly Significant Sales brochure featuring several of the top sales in its network.

On the sixth level this one-of-a-kind single floor Penthouse, measuring over 6,800 sq ft and boasting 125 feet of ocean frontage provides exclusivity and privacy at the highest level. Stunning ocean views, impeccable details, bespoke designer furnishings and grand entertaining spaces with the feel of intimate living. The incredible view is the pièce de résistance in this height of luxury. This Penthouse includes 4 oceanfront bedrooms, 4 1/2 bathrooms, ocean front office and media room. Through its affiliation with Grace Bay Club, The Estate enjoys 1,050 of ocean frontage and use of all the amenities offered at Grace Bay Club Resort. The Estate owners enjoy a private oceanfront pool featuring multiple levels, Jacuzzi tub, and a 25 meter lap pool. The Poolside Cabanas allow for private in-cabana Spa treatments or private dining. 

Listing Agent:  Joe Zahm   Selling Agent:  Nina Siegenthaler

“Significant Sales provide a halo effect over the entire real estate industry.  Purchasers, vendors, brokers and agents, and a broader base in the tourism, development and financial sectors gain confidence in markets where significant properties sell, and are publicized.  This adds energy and value to the marketplace, and provides momentum for growth.  So when people ask what the biggest difference is between this year and the past two, I tell them it is the re-emergence of the luxury market, for all the aforementioned reasons.”  Joe Zahm, President of Turks & Caicos Sotheby’s International Realty.

Turks & Caicos Sotheby’s International Realty is the leading luxury brokerage in the Turks & Caicos Islands and enjoys a commensurate market share position. TCSIR is the acknowledged leader in the luxury condominium industry and luxury real estate market, and has been a major force in the concept, design, launch and completion of many prestigious resorts on Grace Bay. Our international team of local experts, combined with the iconic brand of Sotheby’s International Realty and its vast international marketing and referral network provides a unique and powerful advantage to buyers, sellers and investors in Turks & Caicos Real Estate.

 Turks & Caicos Sotheby’s International Realty, Venture House, Grace Bay, Providenciales

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CONTACT

 NAME:  Denise Douglas

TITLE:  Office & Marketing Manager

PHONE:  649.946.4474

E-MAIL:  denise@tcsothebysrealty.com

TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

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PROVIDENCIALES, Turks & Caicos (Nov. 21, 2011) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, Turks & Caicos, recently participated in the 2011 Sotheby’s International Realty® Global Networking Event, which attracted nearly 1,150 attendees from 30 countries.

This dynamic, three-day event provided a unique opportunity for all sales associates, managers and owners who are members of the Sotheby’s International Realty network to connect, exchange ideas and forge relationships designed to help build their businesses and drive new leads to their listings.

“The annual Global Networking Event provides a unique value to our firm and agents,” said Nina Siegenthaler, Vice President, Turks & Caicos Sotheby’s International Realty. “It allows our firm to share ideas and best practices with our fellow brand professionals from all over the world.  We also had the opportunity to learn more about the real estate business worldwide through informative breakout sessions on a variety of topics.”

The event was held October 24 to 27 at the Fontainebleau Miami Beach in Miami, Fla.  The keynote speaker was Aron Ralston, the inspiration for the film “127 Hours.” 

Turks & Caicos Sotheby’s International Realty, which has offices in Providenciales, offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele.

As a Sotheby’s International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services.  Property listings from Turks & Caicos Sotheby’s International Realty are also marketed on the sothebysrealty.com global Web site, as well as on the firm’s local website, tcsothebysrealty.com.

“The Global Networking Event enables Sotheby’s International Realty affiliates from around the world to join together to share their collective insights and experiences, highlighting the true strength of the Sotheby’s International Realty network” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “Every individual attending this conference is committed to working together to help us grow our network, and we appreciate their ongoing dedication and enthusiasm.  Attendees of this year’s event were able to network with their colleagues from all over the world and gather new ideas from leading industry experts.”

Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay, Providenciales.  For additional information, please contact 649-946-4474.

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Turks & Caicos Sotheby’s International Realty Newsletter

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A Market & Brand Stage A Comeback, by Joe Zahm, President, Turks & Caicos Sotheby’s International Realty.  Click on this link to review this article and newsletter.

November 2011 Newsletter

Turks & Caicos’ Leading Real Estate Company

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Since June 2009, when condominium specialists and market leaders Connolly Zahm Properties merged into Turks & Caicos Sotheby’s International Realty, the newly formed TCSIR has been the leading real estate company in the TCI and enjoys a number one market share position.  TCSIR is the acknowledged expert in the condominium sector, as well as being a top producer in the home and villa and land sectors. Our international team of local experts combined with the iconic Sotheby’s International brand, and its vast international marketing and referral network, provides a unique and powerful advantage to buyers, sellers, investors and industry partners.  Our signature flagship office, designed by SWA, is ideally located at Venture House on the corner of Grace Bay Road and Ventura Avenue.  The stunning, modern Bermudian-style building features a welcoming reception with 20’ high vaulted ceiling and multiple conference rooms.  TCSIR also maintains on-site offices at the acclaimed Grace Bay Club, and Seven Stars resorts ensuring maximum exposure to qualified purchasers.

Please click this link to view our company information:

Turks & Caicos Sotheby’s International Realty

Turks & Caicos Real Estate Significant Sale

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Turks & Caicos Sotheby’s International Realty – Significant Sale – La Dolce Vita – $6,250,000 – Sold by: Nina Siegenthaler, Vice President

Located on beautiful Long Bay Beach, Providenciales, La Dolce Vita is one of the most elegant and beautifully designed four bedroom villas in the Turks and Caicos Islands.  It is a 9,000 square foot luxury private escape set in a small beachfront community on a seven mile long beach. La Dolce Vita is situated on 2 acres with 220 feet of white sand beach front, beautiful ocean breezes and lush tropical landscaping including reflection pools.

Ocean views can be enjoyed from nearly every room and at night, lighting casts a magical glow as you enjoy beachfront Caribbean outdoor living along side the stunning swimming pool complete with waterfall and elevated hot tub. Enjoy the covered terraces or dine alfresco under the poolside cabana. Cook gourmet delights in the spacious, well equipped Tuscan style kitchen or enjoy a movie in the home theatre.

To View Significant Sales from the Sotheby’s International Realty network click on this link: Significant Sales

Fractional Ownership Aims to Boost Sales Revenue

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Once accounting for 25 percent of all government revenue, stamp duty on land sales dropped drastically as the world economy slowed and people nearly stopped buying in the Turks and Caicos Islands.

A new law providing for fractional ownership of property is aimed at boosting sales and bringing in more money for the government.

Fractional ownership has been around for years for the purchase of yachts and airplanes, allowing people to own part of luxuries they might not otherwise be able to afford or need on a full-time basis. The TCI government, real estate professionals and luxury home owners are hoping fractional will help boost sales and revenue.

“Currently we’re under the timeshare ordinance, which is very old and outdated and doesn’t really cover fractional ownership,” said Kathryn Brown, president of the Turks and Caicos Real Estate Association. “I do believe it’s a much simpler system than timeshare and less expensive.”

Under the new law, a property that become fractional can be sold fraction at a time. That can help people who want to buy or sell now without having to round up a group of owners.

“Purchasers who come and want high end product and want their piece of paradise, they can still do so and have pride in ownership of a luxury property without the full expense and the full maintenance,” she said.

“For sellers it opens up an option that was not available previously,” she said. “For the buyer it creates greater confidence to purchase.”

Fractional ownership in the TCI now usually involves a foreign company buying a property for several individuals who own shares. When people sell shares, the government doesn’t get stamp duty on the transactions.

Under the fractional ownership law, taxes will be paid each time a fraction of a property is sold.

The new law can also help people who are having trouble selling a multi-million-dollar home, Brown said, as well as those with condominiums that aren’t moving.

“Some condominium owners are trying to get into fractional to be able to sell the properties because we do have a lot of inventory,” Brown said.

She thinks fractional ownership will be popular with young, well off professionals in their 40s.

The proposed law has been approved by the governor’s Advisory Council, and now must go before the Consultative Forum before it takes effect.

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Tuesday, 29 March 2011 09:36

Written by Richard Green, fp Turks & Caicos

History of Turks & Caicos Sotheby’s International Realty

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In the Real Estate and Developement Section of Where When How – Turks & Caicos Islands – Jan.Feb 2011 Issue you will find a brief history of  Turks & Caiocs Sotheby’s International Realty, the market leader in the Turks & Cacios Islands. Click on the link below.

WhereWhenHowHistoryofTCSothebys.JanFeb2011

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Story by Kathryn Fox, Journalist, Where When How

BUY REAL ESTATE – TAKE ADVANTAGE OF FUTURE APPRECIATION

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“IF YOU DON’T OWN A HOME, BUY ONE,” said John Paulson, the multibillionaire hedge fund operator. Paulson continued, “if you own one home, buy another one, and if you own two homes buy a third…” Paulson has predicted double-digit inflation by 2012, and rising home prices. Paulson’s advice is to lock in low purchase and financing costs now in order to take advantage of future appreciation.

A snippet of John Paulson’s speech to a packed audience at New York’s University Club recently as he warned them of huge changes in the economic environment in the years to come.
September 2010

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TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

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FOR IMMEDIATE RELEASE

TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

PROVIDENCIALES, Turks & Caicos (Nov. 1, 2010) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, Turks & Caicos, recently participated in the 6th Annual Sotheby’s International Realty® Leadership Forum, which brought together nearly 250 network members and staff from 10 countries worldwide.

This dynamic, three-day event, which was held Oct. 25 to 27 at The Ritz-Carlton, Buckhead, in Atlanta, provided a unique opportunity for Sotheby’s International Realty brokers, owners and managers to network and share best practices. It also included a tour of some of the finest luxury real estate in Atlanta, courtesy of Atlanta Fine Homes Sotheby’s International Realty.

“The annual Leadership Forum provides a great value to our firm, and this year’s event was no exception,” said Joe Zahm, President, Turks & Caicos Sotheby’s International Realty. “It offered the opportunity to network with some of the world’s most talented real estate professionals and learn more about the industry and the role of emerging technologies.”

Turks & Caicos Sotheby’s International Realty, which has offices in Providenciales, offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele.

As a Sotheby’s International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. Property listings from Turks & Caicos Sotheby’s International Realty also are marketed on the sothebysrealty.com global website, as well as on the firm’s local website, http://www.turksandcaicossothebys.com.

“The Leadership Forum is a very effective tool for bringing together our network members from all over the world with the common goal of sharing their own unique experiences,” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “This year’s conference, our largest ever, provided a brand update and presentations on competing in today’s luxury market and leveraging new technologies in real estate marketing.”

Turks & Caicos Sotheby’s International Realty is located at Venture House, Grace Bay Road, Providenciales. For additional information, please contact 649-946-4474. The Sotheby’s International Realty network currently has more than 10,900 sales associates located in approximately 500 offices in 37 countries and territories worldwide.

CONTACT:
Turks & Caicos
Sotheby’s International Realty
t. 649.946.4474
info@tcsothebysrealty.com

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TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

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FOR IMMEDIATE RELEASE

CONTACT:

Turks & Caicos
Sotheby’s International Realty
649-946-4474
info@tcsothebysrealty.com

TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN LUXURY REAL ESTATE CONFERENCE

Providenciales, TCI (April 28, 2010) – Turks & Caicos Sotheby’s International Realty, a luxury real estate firm based in Providenciales, TCI, recently participated in the
2010 Sotheby’s International Realty® Global Networking Event.

This dynamic, three-day event provided a unique opportunity for all sales associates, managers and owners who are members of the Sotheby’s International Realty network to connect, exchange ideas and forge relationships designed to help build their businesses and drive new leads to their listings.

“The annual Global Networking Event provides a unique value to our firm and agents,” said Nina Siegenthaler, Director/Broker, Turks & Caicos Sotheby’s International Realty. “It allows our firm to share ideas and best practices with our fellow brand professionals from all over the world. We also had the opportunity to learn more about the real estate business worldwide through informative breakout sessions on a variety of topics.”

The event was held April 12 to 15 at the Manchester Grand Hyatt San Diego in San Diego, Calif. Keynote speakers were Benjamin Zander, conductor of the Boston Philharmonic Orchestra, and Matthew Ferrara of real estate consulting firm Matthew Ferrara & Company. Guest speaker and three-time Olympic medalist Julia Mancuso spoke about her Olympic experiences and work ethic.

Turks & Caicos Sotheby’s International Realty, which has offices in Providenciales, TCI, offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele.

As a Sotheby’s International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. Property listings from Turks & Caicos Sotheby’s International Realty also are marketed on the sothebysrealty.com global Web site, as well as on the firm’s local Web site, tcsothebysrealty.com.

“The Global Networking Event enables Sotheby’s International Realty affiliates from around the world to join together to share their collective insights and experiences, highlighting the true strength of the Sotheby’s International Realty network” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “Every individual attending this conference is committed to working together to help us grow our network, and we appreciate their ongoing dedication and enthusiasm.”

Turks & Caicos Sotheby’s International Realty is located at Venture House in Grace Bay. For additional information, please contact 649-946-4474.

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