Caribbean MLSReal Estate

Thompson Cove Canal Front Land

Available on request

The brief

The reason to consider it.

Thompson Cove is a private and lovely, quiet residential community with gorgeous North Shore beaches within walking distance of this well priced homesite. This homesite has a lot of extra inherent value; it is over 1 acre, it has over 270 feet of canal frontage and sits on a quiet street.

Osprey Close is a quiet cul-de-sac with no thru-traffic and boasts amazing canal views.

Last confirmed

Type
Land
Land
45,090 ft²
Zoning
residential
Permitted uses
Single family

What this listing includes

  • Dock or mooring
  • Ocean view

What people say about Turks and Caicos

Sources agree that Turks and Caicos has no annual property tax and no capital gains tax, and that foreigners can buy without restriction.

  • Positive No annual property tax; one-time stamp duty is the main purchase cost (about 6.5-10% on Providenciales, lower on other islands; agent fee normally paid by seller)
  • Mixed Foreigners may buy freely, but a property purchase does not automatically give residency; government PRC investment route lists $300,000 (Grand Turk, Salt Cay, South Caicos, Middle Caicos, North Caicos) or $1,000,000 elsewhere for a home, and secondary sources disagree on thresholds
  • Concern Prices have risen sharply (median 2-bed about $995,000 in July 2025; average up 75% since 2020) while local salaries have lagged
  • Concern Planning enforcement, zoning consistency and survey/title details are weak points; independent due diligence advised

Read what people say, based on 13 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law