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

 

 

BWIC Work Experience Program 2017 – Turks & Caicos Islands

This past week our office was fortunate to be involved with the British West Indies Collegiate Work Experience Program for our fourth year. This program is set up by the faculty at the school whereby the Sixth Form students are placed within local businesses to enhance their learning experience and gain valuable knowledge in an effort to perhaps discover their future career.

Link to Newsletter

 

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.

Click Here to View Full Report

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

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.

Click here for full report

 

Turks & Caicos Real Estate 3Q Market Report 2016

Turks and Caicos Real Estate

TCI REAL ESTATE MARKET HEALTHY, STURDY AND CONSISTENT

Rather than focusing on the specifics of Q3 of this year, it seems like a good time to emphasize that our market has grown in a strong and rational manner over the past several years.  Link to full report.

Beach Enclave Long Bay, Providenciales – Ground Breaking Ceremony

Turks and Caicos Real Estate

Long Bay, Providenciales – Tuesday, November 22nd, 2016 marked the official ground breaking of Beach Enclave Long Bay, the second villa development for the developers of Beach Enclave which have almost fully completed their first managed villa property Beach Enclave North Shore on International Drive.  Invited dignitaries, partners, owners, friends and guests all gathered during sunset at the beachfront location to celebrate what will be another amazing adventure for Beach Enclave and for the new owners who are excited to see their new homes commence construction.

Picture above from left to right are: Matt Emery, Beach Enclave Project Manager, Jasmine Adams, Beach Enclave Financial Controller, Hon. Premier Dr Rufus Ewing, Vasco Borges, Beach Enclave Developer, Deputy Premier Akierra Missick and Keyona Coward, Beach Enclave Resort Manager.

Beach Enclave Long Bay Listing Information

 

 

 

Blue Cay Estate, Turks and Caicos – Construction Update

Blue Cay Estate

Blue Cay Estate

Blue Cay Estate in Leeward, Providenciales is well under way with the new 85′ wide canal almost complete for the 12 canal front home-sites and 4 channel/beachfront home-sites.  Also noted are five homes currently under construction with five more due to start construction in the coming months.  Blue Cay Estate sets a new standard for luxury waterfront living in the exclusive residential community of Leeward within a gated 14.5 acre location of canal and channel front homes near Blue Haven Resort and Marina.

Link to Parallel Canal Front Home Listing

Link to Pavilion House Listing

Link to Panorama Y House Listing