Click on the image above to watch the latest construction progress
Villas at Blue Mountain – The 12 bespoke residences that make up this extraordinary, elevated development are private homes, each with its own pool, and some of the most breathtaking views in the islands.
Designed with a focus on the stunning views, these stylish homes will feature incredible indoor/outdoor living spaces with casual elegance perfect for beachside living. Each residence sits on approximately 0.5 acre of land, with a shared beachfront terraced grotto and relaxation area which enjoys elevated views of the turquoise waters and private beach.
Just five minutes from Providenciales International Airport, this Hartling Group-managed development is an ideal place for bringing people together to experience the pristine natural beauty of Turks and Caicos.
Now under construction, the new owners of Lots 8, 9, and 10 will soon enjoy the incredible views and the luxurious surrounds of these stunningly designed homes. Looking for an oceanfront Caribbean home? Inquire with our sales team or view our website for further detail on the limited selection of oceanfront lots available at the Villas At Blue Mountain.
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
As the luxury real estate market approaches its next cycle, the Sotheby’s International Realtyยฎ brandโs 2025 Luxury OutlookSM report is essential reading for buyers, sellers and investors seeking market insights. Explore how the US$84 trillion intergenerational wealth transfer could reshape investment dynamics, while anticipated price normalization in 2025 may present strategic entry points in key markets. Discover projected relocations of 135,000 high-net-worth individuals in 2025 and how “Best Place to Live” rankings impact property values from Vienna, Austria to Naples, Florida.
In The Turks and Caicos Islands, since the pivotal year of 2020, our real estate market has more than doubled over the prior pre-Covid period noting that from 2017-2020, 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!
Recent Market Movers Significant sales included:
Recent Market Movers Significant sales included: The Residence Parrot Cay $30M, Blondel Cove $16.95M, Peninsula Estate Beach House $17.2M, The Strand Grand Residences $11.4, The Loren Villa 2 $9.8M, Beach Enclave Long Bay Villa 9 $7.75M and Windhaven Beach Villas $8.275M
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.
On December 9th, at the Turks and Caicos National Stadium, United Way Turks & Caicos hosted its annual Reading Fair, a vibrant and inspiring event aimed at fostering a love for literature among young students of the Turks and Caicos Islands. This initiative provided several organizations with a platform to engage with primary school students, highlighting the importance of literacy and championing reading as a fundamental skill for life. Events like the Reading Fair underscore the power of collaboration and community spirit in shaping brighter futures for our youth.
A special shoutout and heartfelt thanks to United Way Turks & Caicos Director, Nina Siegenthaler and the incredible Turks & Caicos Sothebyโs International Realty teamโ Latoya Jones-Harvey, Lisa Lopes, Shanice Williams, Jamie Pollon, Olincia Missick-Robinson and Davidson Louisโfor their support and participation.
The Reading Fair also shed light on the ongoing efforts of the โYes I Can Readโ program. This initiative is designed to assist students aged 1 to 12 who are reading below their grade levelโoften by two or more gradesโby providing targeted support to elevate their literacy skills. Programs like these are crucial, as they address foundational gaps and empower children to thrive academically and beyond.
Currently, United Wayโs reading programs support several local schools, providing additional teachers to deliver specialized assistance and after-school reading programs. The goal for next year is to expand this outreach by including Ianthe Pratt Primary School, further amplifying the programโs reach and impact.
Volunteers remain the backbone of these initiatives. Their dedication and generosity are essential in ensuring the continued success of the reading programs. A huge thank you goes out to Claudine Ewing, the board of directors and all past and present volunteers who have contributed their time and energy to this cause. As always, new volunteers are warmly welcomed, and their involvement is key to driving meaningful change in our community.
Contact United Way Turks & Caicos here to find out how you can help.
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 visitย 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
Sailrock South Caicos is a meticulously designed, low density and ocean focused master-planned development. This multi-phased project consists of well over 2,000 acres, the majority of which were previously owned by Caicos Company Limited and prior to that the salt company of South Caicos. Most of the Sailrock properties were acquired starting in 2006, with the master plan being created in 2006/2007. That master plan and the subsequent development agreement entered into between Sailrock and TCIG in 2008 and 2013 are the basis for the Sailrock project. Numerous phases over many years are envisioned through the master plan and development agreement. Sailrock has endured a protracted and, at some points, circuitous process which has gone through seven governmental administrations with considerable engagement and extensive interaction with relevant TCIG Departments. Without the master plan, the development agreement and the accompanying commitments from TCIG, Sailrock would not have committed to nor would it have proceeded with the development of the Sailrock community. Sailrock has and continues to rely upon representations made by TCIG and its various departments throughout this process.
The master plan and development agreement are the only reason that there is currently active development on South Caicos. Our monetary investment, which is multiples greater than any other investor in South Caicos, has provided for extensive infrastructure work to take place including roads, underground utilities, water plants, villa and resort development as well as beach enhancements and lagoon creation. This investment is critical to the success of the island as a destination. South Caicos is a windward island and protected beaches and active areas are paramount to the success of this destination. Our competitors are clearly aware of this, as their guests visit the western beaches regularly.
The people of South Caicos have waited far too long for real and substantive development to take place. For decades they have waited for the previous Highpoint and East Bay projects to come to fruition. Those projects faltered while Sailrock has steadily executed on a master plan and opened a world class resort which has won significant accolades year-over-year. These include Small Luxury Hotels of the World prestigious Resort of the Year, Conde Nast Johansenโs Award for Excellent for Best Service (4 years running) and the World Travel Awards Leading Luxury Island Resort.
Sailrock has been actively engaged within the South Caicos community for nearly 20 years, during which time we have worked to ensure that our endeavors benefit and provide numerous opportunities to South Caicos as a whole. Sailrockโs commitment to the well-being of South Caicos has seen the community benefit from numerous job and outreach programs. Educational programs and events including Easter & Christmas parties for the students, reading programs, laptop computer donations, back-to-school backpacks and graduate’s gifts. Professional development programs include job opportunities for the local community. Cultural engagements such as funding and/or assisting with publishing books relating to South Caicos, rebuilding the historic downtown walls and planting of trees along airport road. Disaster relief was provided by Sailrock following Hurricane Ike in 2008 and then again in 2017 following Hurricanes Irma & Maria. This provided roofing materials for repairing local homes/businesses, generators, fuel, equipment and supplies to help get the community back on its feet. In 2017, the South Caicos Heritage Foundation was created as a dedicated organization to carry out these initiatives. Between Sailrock and the South Caicos Heritage Foundation, well over $2,000,000 has been donated towards island improvements, charitable giving, educational causes and hurricane relief and repair. Multiple millions of dollars have been paid for direct labor to Turks Islanders in relation to the various construction and development components as well as resort operations. Over $25,000,000 has been paid directly to TCIG since the Sailrock project inception through tax, fees and payments. These efforts and initiatives demonstrate the level of commitment Sailrock maintains to the Turks and Caicos Islands and specifically the South Caicos community.
Salterra has recently entered the scene, working to convert East Bay Resort into a Provo-esque branded development in secluded South Caicos. Within days of meeting with Salterraโs owner for the first time, we were blindsided by false information put into the Community of South Caicos. At our meeting Salterra made it clear that they did not want to see parts of our land developed as they would like them to remain natural to use as an amenity for their guests. Soon after the meeting Salterra went as far as to create banners, which they made to look like official TCIG documents, opposing our projects and posted them throughout the town. Salterra, their political operatives and not-for-profit partners in this process have repeatedly and inaccurately circulated planning approval numbers and associated them with phases of development to which they know they do not apply. They are using these tactics of misinformation to incite confusion and fear, and we ask โwhyโ? South Caicos, after waiting for such a lengthy period of time for active projects, certainly deserves better. Although we believe the Salterra project is grossly out of place in South Caicos, we want to see them succeed. This will only happen if Salterra is willing to engage in healthy collaboration and honest communication with Sailrock and the local community. Spreading false narratives to sway public opinion in order to use Sailrock property as an amenity for their guests is just simply wrong.
Sailrock is a large and long-term project, and has been working with TCIG through various approvals for years. The approval for the lagoon and enhancements are covered under an existing building permit. In January of this year representatives from Sailrock, Planning and DECR met regarding the Sailrock projects. At that time it was determined by TCIG that works could continue but that an updated mineral license may be required. More research was required by TCIG as the license application had previously been provided and the approval granted. Sailrock was recently informed that DECR has now requested that certain specific works be put on hold pending process resolution. After investing tens-of-millions of dollars in a new South Caicos International Airport, TCIG recently announced that American Airlines will begin direct flights to South Caicos in early 2025 โ this is great news and a huge benefit to the community of South Caicos. However, without Sailrock Resort, Sailrock Private Villas, and the comprehensive plans for real estate and hospitality growth within the Sailrock community, bringing long term direct international flights will not be sustainable. Salterraโs 100-room resort simply does not have the scale on its own to justify long term direct international flights. Future low-density development on South Caicos will be necessary in order to continue to move the destination forward.
We appreciate and respect the role of Planning, DECR, the Reef Fund and SFS plays in the protection of the natural environment. We are not here to detract from that in any way. It is our continued intent to work with all parties ensuring proposed projects are being accomplished in a manner that minimizes impact and works toward a symbiotic role of the parties. A proper balance can be achieved to create a hospitality-based economy while still preserving the environment. One does not need to take the place of the other but rather can work in unison to minimize impact while providing needed development for economic growth. We look forward to working with all relevant parties to achieve this goal.
Sailrock acknowledges that we need to do a better job keeping residents up to speed on various project progress and components. Over such a lengthy development period it is easy for confusion to set in through the process. As the project continues through the normal channels, we trust that the process will not be hijacked for political purposes, fund raising efforts or competitors desires to curb our development plans in order to use our property as free amenities for their business interests. There will always be varying points of view and we acknowledge that we cannot make everyone happy thru this process, however, we will endeavor to do our best to overcome issues that may arise. We look forward to working with the South Caicos Community to ensure that their voice is clearly heard, their comments and concerns are addressed and that we work together to make South Caicos the best it can be.
TOURISM AND REAL ESTATE GROWTH CONTINUE THROUGH 2024
The Turks & Caicos Islands luxury lifestyle continues to top the charts in both real estate sales and tourism arrivals demonstrated by the successful TCREA MLS sales trends and the TCI Government arrivals statistics report noting that TCI welcomed more than 1.5 million visitors in 2023 representing a 21% increase. The TCI Tourist Board recently re-branded as โExperience Turks & Caicosโ and aims to diversify our tourism offerings to the outer islands to ensure a sustainable tourism revenue that benefits the entire population. For further details please see the article published February 2nd by Turks & Caicos Weekly News: https://tcweeklynews.com/.
In our real estate market, the first half of 2024 witnessed a very healthy sales volume throughout all sectors but by far the headline of the first half of this year is the resurgence of next gen luxury condominiums. With over $270M in pending deals in the condominium sector at an average price point of circa $2.5M, and building daily, the product mix is re-balancing towards a more equitable blend of condominiums and single family homes, of which the latter carried the market the prior decade. Based on overall pending transactions, that are predicted to close out in 2024, the year end numbers are poised to remain at this newly established sales volume.
The graphs in the pages of our report reveal the steady sales flow throughout the past four years whereby TCI real estate is experiencing a new level of performance along with a much higher average price proving that this rising star of the Caribbean delivers a quality, luxury lifestyle.
Enjoy your summer!
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
Tourism in Turks and Caicos has gotten off to a record-breaking start this year.
Both cruise and air arrivals to the Caribbean archipelago destination have experienced significant growth between January and May of 2024.
Air arrivals, in particular, are up 10.85 percent over the same period last year with the majority of those arrivals being travelers from the United States. March was the busiest month of all, with a record-breaking 77,559 air arrivals, which amounted to a 15.57 percent increase over the same month last year.
Cruise arrivals in Turks and Caicos are also breaking records with 29 calls to port in April 2024. That figure is the highest number of the year so far, followed by 26 calls in May, which is a 73.74 percent increase in cruise passengers compared to May 2023.
Arrivals to the islands are also expected to remain strong for the coming months, reaching a 24 percent year-over-year increase through August, according to data from the 2024 Amadeus Destination Insights Report, which tracks travel searches and future bookings.
Occupancy rates are also surging inย Turks and Caicosย and are now the highest in the Caribbean region at 87 percent. This is compared to Saint Luciaโs 85.5 percent occupancy rate and Arubaโs 84.3 percent occupancy levels.
In conjunction with the visitation spike, several luxurious resorts and residential developments are preparing to open between 2024 and 2026, according to Experience Turks and Caicos, the tourism authority for the destination. The openings on tap for the destination include:
South Bank:ย Grace Bay Resortsโ newest luxury residential resort and marina, South Bank is slated to open in November 2024.
The Strand:ย Luxury and sustainable beachfront villas and custom residences, The Strand is expected to open in fall 2024.
Salterra Resort & Spa:ย This 100-room resort on South Caicos is scheduled to be opened in February 2025 by The Luxury Collection.
The Andaz Turks & Caicos:ย The first Hyatt property on the island, The Andaz Turks & Caicos will be a 59-key resort and 74 residences. A late 2025 opening is planned.
The Loren at Turtle Cove:ย Further out on the openings timeline,the The Loren will offer luxury residences including six private beachfront villas, 25 condominium units and 33-guest suites. The property is scheduled to open in 2026.
The Point:ย Yet another new Grace Bay Resorts residential offering, The Point will feature 56 homes. A late 2026 opening is planned.
Kempinski Grace Bay:ย This upcoming property will feature new luxury beachfront residences and a resort. A specific opening date has yet to be announced.
โWe are thrilled to share that tourism in the Turks and Caicos Islands is at an all-time high,” Hon. Josephine Connolly, minister of tourism for the Turks and Caicos Islands, said in a statement. โWeโre proud to build on such a successful start to the year as we gear up to welcome several new luxury resorts and properties in the second half of 2024 and beyond.โ
These record statistics for early 2024 follow a busy 2023. Last year the destination welcomed more than 1.5 million visitors, a figure that surpassed the previous year in both air and cruise arrivals.
And in still more evidence of the surging popularity that Turks and Caicos is experiencing, recent research released by Google Flights shows that for U.S.-based travelers, the Turks and Caicos Islands is the most searched destination for couples and family vacations. Turks and Caicos is along among the top five choices for solo travelers for summer 2024.
Altogether, search volume from the U.S. has reached 10.84 million searches to date, an increase of 14 percent from 2023.
The worldโs finest art, automobiles and antiques are sold at auction. So is luxury real estate.
Now for the first time since its inception in 1744, an exhibition of luxury real estate will gavel live at Sothebyโs London on 30th May 2024. Part of its โThe Luxury Salesโ series, the โExceptional Global Propertiesโ sale will be simultaneously showcased with Sothebyโs and feature a selection of marquee Sothebyโs Realty offerings alongside the finest luxury items in the world.
Turks & Caicos Sothebyโs International Realty is pleased to announce two spectacular Blue Mountain lots as part of the โExceptional Global Propertiesโ offering marking the first time ever that a Turks & Caicos Islands property will gavel at Sothebyโs Auction. Through this exciting partnership with Sothebyโs Concierge Auction.
Accepting Bids from 17th May 2024
Click the images below for more information and to register your bid.
About Turks & Caicos Sothebyโs International Realty
Turks & Caicos Sothebyโs International Realty is the premier luxury real estate brokerage firm in Turks and Caicos. Boasting a profound track record and significant foothold in all market segments, particularly new development and trophy properties, the firm is the go-to resource for developers, investors, homebuyers 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, Turks and Caicos Sothebyโs International Realty 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 www.turksandcaicossir.com.