Caribbean Getaway: There Are New Reasons To Go To Turks & Caicos

An Oceanfront Pool Studio at Rock House, operated by GRACE BAY RESORTS

Sitting at the Cave Bar atย Rock House, on the Turks & Caicos Islandsโ€™ main island Providenciales, itโ€™s easy to think that youโ€™re on an island in the Cyclades: the resort is hilltop; built into a 75 foot limestone cliff; overlooking turquoise water and surrounded by walls composed of chiseled white stones. Mark Durliat, CEO ofย Grace Bay Resorts, of which this resort is a part, and his wife honeymooned in Greece, apparently, and transferred the romantic ambience (and Mediterranean cuisine) they encountered there to this nearly two year old resort. And itโ€™s working: I checked in at the same time as a newlywed couple from New York and every day other couples were lined up by the pool, in the hideaway hillside terraces and on the 130 foot jetty decked out with loungers.

Mostly, though, they were in the water. This British Overseas Territory composed of two island groups 575 miles southeast of Miami is known for its beaches, perfectly clear turquoise water and teeming underwater life courtesy of a wrap around coral reef. The marquee beach is three mile long, powdery white sand Grace Bay Beach on the islandโ€™s north coast, regularly named as one of the best in the world. Rock Houseโ€™s beach is to the west of that, smaller but very private in keeping with the overall secluded tone and intimate scale of the resortโ€”46 rooms in individual cottages with several new one-five bedroom Reserve Villas opening March 1st.

The Lagoon Villas at South Bank: Long Bay

On the other side of the island, the more residential south coast, Grace Bay Resorts has a management project on a much larger scale set to open in May.ย South Bank, situated on 31 acres near Long Bay, is a combination residential ownership community/resort split into different neighborhoods with varying amenities; all, however, are populated with striking contemporary architecture containing sleek interior design, top of the line appliances and uninterrupted water views over the vivid blues of the Caicos Banks.

Boat owners will likely be drawn to the section The Launch featuring 2,077 square foot two bedroom and 2,839 square foot three bedroom Boathouses along the marina waterfront, each with its own private dock that can accommodate up to a 26 foot boat. Lagoon Villas are 3,982 square foot three bedroom and 4,295 square foot four bedroom residences situated along the beach of a manmade lagoon. Ocean Estates oceanfront houses range from 3,150 square foot, three bedroom Reef Villas to 7,683 square foot, six bedroom Dune Villa beach houses. All will be privately owned with many placed in the guest rental pool. A forthcoming building ARC will debut in 2026 with 17 Sky Villas designed by famed Italian architect Piero Lissoni; these will be only owned, not rented. Other facilities open to both property owners and guests: a lagoon front spa and fitness center; a Clubhouse with a bar and restaurant; a fully equipped marina and hard courts for racquet sports.

Luxury Residences, The Strand: COOPER JACK BAY

Also on the south coast, overlooking Cooper Jack Bay 10 miles away,ย The Strandย is another luxe community development set to combine villa ownership with guest rentals but with a difference: in one category, the two and three bedroom Villas, floors can be locked off as separate units to be rented on their own as well as the option of a complete house rental. The design is also contemporary but with natural elements providing a warm counterpoint to the modern lines: etched limestone from the Dominican Republic, European oak cabinets and millwork. Thereโ€™s also a strong sustainability element: owners can opt for solar energy and there are chargers for electric cars in the houseโ€™s garage.

Houses range from two bedroom, 2,740 square foot Villas to six bedroom Estate Residences with 7,312 square feet of interior space and nearly 7,000 additional in exterior space with beach frontage on one side and canal frontage in the back for a private boat slip. Facilities and services include a spa and fitness center, tennis and pickleball courts, excursions for bone fishing and snorkeling among other water sports and a Mediterranean/Mexican restaurant. The property opens in November.

Read more by clicking on the link below.

Source: https://www.forbes.com/sites/lauriewerner/2024/01/14/caribbean-getaway-there-are-new-reasons-to-go-to-turks–caicos/?sh=d903f8d477a4

South Bank Construction Update: December 2023

South Bank is excited to announce that all Lagoon Villas have been handed over welcoming new residents to their exceptional homes to enjoy the Malibu-inspired lifestyle. Atilla Cimsit, our General Manager, and his dedicated hospitality team are ready to assist owners and guests with any requirements and can offer personalized recommendations to enhance the island living experience. Owners who are part of the South Bank rental program managed by Grace Bay Resorts and non-owners looking to experience the South Bank lifestyle next Spring, GBR is now accepting reservations for villa stays commencing on May 1st, 2024.

The Fitness Center:

For health and wellness enthusiasts, the state-of-the-art Gym featuring the latest Technogym equipment will be opened this month. Strategically located at the waterโ€™s edge, the Gym overlooks breathtaking views of the serene lagoon. Fully air-conditioned, it offers residents and guests the ideal setting for maintaining an active lifestyle. Next to the Gym, the Spa is also nearing completion to receive guests and residents into an array of bespoke wellness services.

The Clubhouse:

Those who have visited South Bank recently will have noticed the Clubhouse structure is now at roof level, promising an inviting indoor-outdoor experience with picturesque lagoon views. As the hub of South Bank, the Clubhouse will feature an internal dining arrangement that flows out to a central landscaped courtyard and romantic beach seating with dining options to include a relaxed yet sophisticated restaurant, an outdoor pizza oven, and a chic cocktail bar.

The Launch Boathouses:

Anticipating waterfront living with instant ocean access, the first two blocks of The Launch Boathouses, E and D will be handed over for occupancy in March 2024. These homes offer direct boat access, inviting owners to explore the archipelago at their leisure. Two remaining Boathouses are available for purchase. If you would like to know more on the latest availability, please contact our office. The Ocean Estates: Oceanfront living is becoming a reality at the Ocean Estate, with some owners already settling into their villas. The remaining Ocean Estate Villas are making progress, promising serene vistas and pure waters.

ARC Sky Villas:

Looking ahead to 2024, the developers are preparing for an exciting new chapter with the construction of Arc. The site for Arc is currently being leveled, with the Wastewater Treatment plant works well underway and the beach works having commenced. This striking addition to the South Bank community will break ground in Q1 2024. Only ten ARC Sky Villas remain available for sale, including one last remaining sunset-facing end unit. All residents of South Bank will enjoy access to a new resort beach, pool, bar, and restaurant that will be part of this new South Bank neighborhood.

For more information on ARC Sky Villas, visit our website or view the Youtube videos on this channel.

Development information 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 visitย http://www.turksandcaicossir.com.

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

Introducing Arc – Elevated Beachfront Living in Turks & Caicos

A New Level. Discoverย Elevated Beachfront Living

Taking its prominent position at the gateway to South Bank, Arc rises from the sculpted, sheltered resort beach and offers all-encompassing views from its 17 exceptional Sky Villas. Each with seamlessly connected landscaped Air Gardens, these new residences offer a secluded lifestyle experience of sky, sea, nature and space.ย  At home in their dramatic setting, the Sky Villas welcome all-encompassing views of the Caicos Bank and the ever-changing scene of the vibrant South Bank ocean lifestyle.

A Rare Lifestyle Experience

Wellness, nature, and adventure form the very essence of the experiences at South Bank. Arc features a restaurant and bar, gym, two pools, jacuzzi, ownerโ€™s lounge, board room, garden firepits and a boardwalk leading to the cabanas on the pier. Within the main resort, Arc residents also benefit from the lagoon-side rejuvenating spa and gym, โ€‹effortless boat concierge service and Clubhouse restaurant and bar. With owner and guest service and facilities expertly provided by Grace Bay Resorts, every day will be an experience to treasure. Experience Caribbean waterfront living at its best, delivered by one of the leading hospitality experts in the Caribbean.

Meet The Architects

Piero Lissoni, Founder and Design Principal at Lissoniยฎ, brings his mastery of contemporary design to South Bank with the unveiling of Arc and its Sky Villas. With offices in Milan and New York, Lissoniยฎ has a thirty-year history in developing international projects. Inspired by a sense of rigor and simplicity, his designs are characterized by a regard for detail, coherence, and elegance. The ideal fit for the South Bank vision.ย Meet the renowned architect behind the Sky Villas at Arc, as he explains his vision for this inspired reimagining of elevated beachfront living.

Rob Report Article

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

Link to listing information for the Arc at South Bank

South Bank Sales & Construction Update

Thank You & Pause

For all of its challenges, 2021 has seen the South Bank family growย as people choose to call ourย relaxed and soulfulย marina community home.ย  As South Bank comes to life withย over 50 sales and reservations, we have elected to take the time to focus on construction, ensuring the highest level of service and quality for our owners.
To achieve this, we will be pausing sales until the upcoming winter season.

Link here to view construction updates for each neighbourhood in South Bank.

Follow our Blog or Sign Up for our Newsletters to keep informed about our real estate market. Email: info@tcsothebysrealty.com

https://www.turksandcaicossir.com/eng/contact-us

SOUTH BANK UPDATE JULY 2021

Boathouse Start of Construction

With 60% of the Boathouses now reserved and sold, the site preparations are well under way to allow for a commencement of the foundation works by the end of August. The ground levels of the Boathouse Peninsula have been raised to the final floor slab level and the excavation of the adjacent yacht basin are complete.

While Building A is fully sold out and only one corner unit remains, the Buildings B through E are also enjoying strong demand.

With start of construction, all 2 bedroom Boathouses are now offered with the rooftop terraces included. Additional square footage has been factored into the rooftop design making it over 600 sq. ft. in size. The possibility of offering an adjoining door between the two units to create a total of 5 bedrooms remains.

Prices range from $885,000 – $1,350,000.

The Lagoon Fully Sold Out

With the Lagoon neighorhood fully sold out, construction is well underway. Eleven villas have commenced, and by the end of August all eighteen will be under construction scheduled for completion by end of Q4 2022.

The Lagoon islands have been created and landscaped and gym and spa buildings will follow in due course.

Ocean Estate Over 60% Sold Out

South Bank is pleased to announce that over 60% of the Ocean Estate villas are sold out, with only one or two of each villa design remaining.

Construction at Ocean Estate Bluff Villa 03 and Shoal Villa 04 is underway with foundations poured and signature pool footings installed. Shoal Villa 08 will be complete in the Fall. Shoal Villa 11, 12, 15 and Reef Villa 17 site clearings are scheduled imminently and Banks Villa 16 is nearing ground floor level completion.

Wealthy Americans are Flocking to Turks and Caicos to Buy Luxury Real Estate

The Peninsula at Emerald Estate – Beach House 1

Even the coronavirus pandemic couldn’t stop the Turks and Caicos real estate market.

The coronavirus pandemic chilled real estate markets across the U.S., but it didn’t stop the surging demand for property in Turks and Caicos.

As real estate elsewhere has dropped, the Caribbean nation has seen records broken despite the global pandemic, according to Mauricio Umansky, founder and CEO of real estate firm The Agency.

“We have definitely seen some extraordinary prices,” he told FOX Business.

South Bank is a low density 31-acre residential resort and marina community along 2,200 ft of beach and iron shore including a unique peninsula located on the southwestern end of Long Bay beach, offering some of the finest views over the Caicos Banks.

Sales volume of single-family homes in Turks and Caicos during the first quarter of 2020 outpaced the same period of 2019, and condo sales outpaced the two previous years to date, according to a Sotheby’s International Realty report.

Turks and Caicos is conveniently close to the U.S. and boasts some of the world’s best beaches, according to Umansky. The country also uses the U.S. dollar and has no property, income or capital gains taxes. The real estate market was already seeing big growth there last year, and it benefited from publicity around the sales of luxury homes that had belonged to Prince and Bruce Willis.

Rock House Resort – A New Era Of Elevated (Grace Bay Resorts)

Wealthy Americans looking to vacation in Turks and Caicos were more likely to rent before the pandemic, so they could spend a summer there and then jet off to another luxury locale the next year, according to Umansky. But he said the pandemic has made the rich realize they want to own a second home outside crowded cities so they have someplace comfortable to stay in the event of a similar event.

TURKS AND CAICOS REAL ESTATE MARKET FLOURISHES AS RICH BUY LUXE ISLAND VILLAS

“So there’s a big trend, they want to have a place to sequester and to have that second home if this happens again, and to have a home where the whole family can go, not just a little apartment that they don’t all fit in,” he said.

Turks and Caicos officials did close its borders in March as a result of the pandemic. The country has remained relatively unscathed by COVID-19, with just 12 cases and one death among the popular of 39,000 people, according to the World Health Organization. As of June 15, officials said there were no active cases of the illness in the country.

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Beach Enclave’s newest boutique resort offering – the first true luxury boutique resort in TCI.

WEALTHY CORONAVIRUS RUSH HITS ‘FORGOTTEN’ TOWNS

The Turks and Caicos government also incentivized real estate purchases during the pandemic by offering a 50 percent cut in stamp duty, waiving custom duties on construction materials and cutting planning fees by half, the Caribbean Journal reported.

Now the border is set to reopen on July 22 when Providenciales Airport reopens. The Grand Turk Cruise Center is also scheduled to reopen on Aug. 31.

With real estate outpacing the market in 2019 even during the pandemic, Umansky said he’s expecting even more growth once visitors can return.

The Bight by Dream Hotel Group – An Elevated Design-Forward Hotel Concept Focusing on Authentic Experiences and Lifestyle

MOST EXPENSIVE BEACH TOWNS OFFER LUXURY FOR A PRICE

“It’s back on and we’re selling,” he said. “It’s pretty incredible.”

Of course, Turks and Caicos isnโ€™t the only vacation spot to see a boost in interest among wealthy homebuyers amid the pandemic. The Bahamas have also seen a “very solid rise in their real estate sales,” according to Umansky. He also spoke to FOX Business about the rise in popularity of ski towns like Aspen, Colorado and Park City, Utah as year-round getaways. And a run on vacation homes in traditional escapes for the rich and famous like the Hamptons has been well-documented.

Real estate in general is also recovering and getting closer to catching up with last year’s pre-coronavirus market, Umansky said.

“That gap is narrowing on a daily basis,” he said.

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Amayara Resort – Located on the secluded Northwestern tip of Providenciales, bordering a national park. 

Article adapted from James Leggate, ‘Wealthy Americans are flocking to this Caribbean nation to buy luxury real estate,’ Fox Business, June 21st, 2020.  

First Home Construction at South Bank Has Commenced

February 2, 2020, Providenciales, Turks & Caicos Islands. Construction of the first home at South Bank, a 5-bedroom Ocean Estate Shoal Villa with signature Serenity pool, has commenced on Lot 8.ย Sales in process include, Ocean Estate Lots 3 and 4 which will see construction of the first and only-of-its-kind 5-bedroom Bluff Villa, and a 4-bedroom Shoal Villa, over the coming months.ย Only 1 Shoal Villa lot remains in Ocean Estates I.

The Ocean Estates I is positioned over Long Bay Beach and a striking iron shoreline with varying elevation. The Ocean Estate Villas range in size from 4,500 – 7,500 total sq. ft. and are offered in 3 different layouts from 4 to 6-bedrooms with lot sizes from .5 – .77 of an acre. Dedicated boat docks are available for boats up to 65 feet.

Prices start at $4.45

Six Boathouses Under Contract

The Launch has seen sales in process on 6 Boathouses, with scarcity building in the 2-bedroom + rooftop terrace design type. 

The Launch is a community of 1 – 3-bedroom Boathouses, with dedicated boat docks for boats up to 26 feet directly off of the rear terrace, and private access to the Launch central entertainment courtyard which will feature a lap and relaxation pool, sun loungers, BBQ areas and hammocks. The Boathouses range in size from 1,500 – 2,250 total sq. ft

Prices start at $795,000.

First Lagoon Villa Sale Underway

Lagoon Villa 12, located on the eastern side of the boca to the Lagoon is now sold, with a further 5 sales in process. The Lagoon II Villas, on the western side of the boca, feature private dock space for boats up to 30 feet.

The Lagoon Villas have been designed for contemporary family living with outdoor decks that connect to a generous beachfront swimming lagoon. The Villas have taken inspiration from the beach houses of Malibu and offer two roof designs – a pitched butterfly and flat roof option.

Ranging from 3 – 4 bedrooms under roof or 4 – 5 bedrooms via a 1-bedroom guesthouse option, the Lagoon Villas range from 3,000 – 3,500 with lot sizes from .24 – .55 of an acre. 

Prices start at $1.85M.

Phase One Infrastructure Works Nearing Completion

Underground utilities, site boundaries, landscaping and community roads are nearing completion. Stay tuned for Phase 2 works, which include excavation of the swimming lagoon, lounging islands and boat basin. The Marina at South Bank will also feature a new sundry shop, parking areas, and refueling facility, in addition to new parking areas, a new main dock and floating docks.

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

Turks & Caicos Market Report – 2nd Quarter 2019

Real Estate Sales Continue On An Upward Trend!

Turks & Caicos Islands, the shining star of the Caribbean, continues to shine brightly as we see a steady influx of investor growth and activity in new development. The infrastructure improvements and ongoing utility upgrades will further improve to serve the luxury standards now set by our luxury home-grown brands and with the most recent entrance of world renowned brands such as Ritz-Carlton and Andaz. The construction industry has been busy for the past five years as we have witnessed villa projects and new homes being built on recently sold land parcels. In addition, high end land purchasers who desired to build from scratch, or who could not find a home/villa that fit their needs, have embarked on some amazing new homes and estate homes, relying on the expertise of local architects, builders and consultants, proceeded to build their own custom dream vacation homes. There is evidence of this impressive array of private development throughout the Turks & Caicos, especially in the luxury sector, as the islands continue to grow as the destination of choice for many real estate investors and visitors. Click on link to view full report.

Link here to full report

Windward Long Bay Ltd. Announces The Launch at South Bank, Long Bay

Windwardย , the developer of the successfulย Blue Cay Estateย in Leeward, is excited to announce a first-of-its-kind offering at the new South Bank community in Long Bay, Providenciales, Turks & Caicos. The Launchย consists of 38 contemporary waterfront one, two – and three – bedroom Boathouses, with boat docks (up to 26โ€™) and a heretofore unprecedented relationship with the turquoise waters of Long Bay.ย ย 

โ€œAt South Bank, we are happy to provide vacationers, seasonal and full – time residents alike a long – awaited opportunity to live right on the water with convenient boat access and the full amenities of a Grace Bay Resorts managed property. We feel our one, two and three-bedroom offerings provide great value for a waterfront and marina experience. Construction of the infrastructure and our first homes at South Bank is set to begin over the next few months, owing to a successful initial pre-sales period in the Ocean Estates and Lagoon neighborhoods.” – Ingo Reckhorn, Developer,ย Windward Development Ltd.

Encased in 5 buildings grouped around an entertainment area with a pool, lounging gardens, hammocks and BBQ stations, floor plan options range from 1 bedroom (approximately 1,464 covered SF) to 3 bedrooms (approximately 2,336 covered SF), with introductory prices from $795,000. One- and two-bedroom plans provide the opportunity for roof top terraces with spectacular elevated water views.

โ€œAs the exclusive broker for South Bank, we love how the Boat Houses complement the Ocean Estates and beachfront Lagoon Villas, at such a welcoming price. In addition to being an integral member of Provoโ€™s only residential resort and marina community, Boathouse owners will have the optionality of renting their Boathouses long – or short term.”- Joe Zahm, President,ย Turks & Caicos Sotheby’s International Realty

Link to Available Listings at South Bank

South Bank on Long Bay Beach Where your haven is home

South Bank is a rare and welcoming haven: a place where easy-going island living meets beautifully designed homes, against a backdrop of spectacular natural beauty. A place to bring your friends and family for ocean adventures, relaxation and precious time together.

Windward Development Ltd., the developers of South Bank, set expectations last season with their inaugural development, Blue Cay Estate, which was a resounding sellout success met with much acclaim in the residential canal and beachfront section of Leeward.ย Award winning London and Turks & Caicos based architects, Blee Halligan, designed the contemporary homes at Blue Cay. Together, the team took a 15-acre parcel of raw land with limited ocean frontage, and used their vision for a boat loving community to create a gated canal front community of 15 exclusive contemporary homes with boat docks and 3 beachfront homes on the Leeward Channel.ย 
Windward Development has beautifully delivered on its promise of a secure and well-managed family development, ideal for water enthusiasts and boaters with the execution of the Blue Cay development, which sold out within a two-year period. Joe Zahm, President and Broker of Turks & Caicos Sothebyโ€™s International Realty, the leading real estate company in the Turks & Caicos Islands, remarked โ€œBlue Cay is a must see for my friends and colleagues.ย who are blown away by how well the project was conceived, from its understatedly cool, modern architecture, to the use of personal dock space in a canal and beachfront community that emerged from the raw site. Clearly a high level of vision and creativity went into achieving the end product, and we expect even bigger and better things at South Bankโ€ ย  Windward Development has selected Blee Halligan again for their newest project, South Bank, a residential resort and marina community along 2,200 ft. of beach and iron shore, including a unique peninsula located on the southwestern end of Long Bay beach.ย The 31-acre site with direct affiliation with The Marina at South Bank, offers versatile home owning opportunities each providing a distinct relationship with the waters surrounding the development. Ivor Stanbrook, one of the development team Directors, commented that one facet of Windwardโ€™s unique approach to development is that, โ€œWe like to take a piece of property and reshape it in the ideal way to enhance the waterfront experience for our buyers.โ€ย 

South Bank promises to be a refreshingly contemporary community with a relaxed yet sophisticated atmosphere. Anchored by a full-service Marina, South Bank will be set apart by 6 distinct neighborhoods: The Ocean Estate 1 & 2, The Lagoon 1 & 2, The Launch & The Point. At project completion South Bank will comprise 19 Oceanfront Villas (The Ocean Estate 1 & 2), 18 Lagoon Villas, some of which include private docks (The Lagoon 1 & 2), 38 Boat Houses, most of which enjoy a private deck and boat dock (The Launch), and 16 one to three-bedroom Condominiums (The Point).

At full build out, amenities will include an affiliated Marina with exclusive ownerโ€™s boat services, fitness center and spa, tennis court, club house with pool, bar and restaurant, cafรฉ, lagoon peninsula with lounging cabanas, non-motorized water sports, beach club and Long Bay beach access.

Link to Listings for South Bank, Long Bay