Caribbean MLSReal Estate
Elsewhere in the Caribbean

16 One Bed Units

Available on request

The brief

The reason to consider it.

16 One Bed Units The opportunity is available for someone looking to purchase an income generating property or a property for staff housing. This apartment block consist of sixteen 1 bed units. The property is undergoing works that included a new roof structure and covering. With the limited opportunity to find multi family/income generating properties, please do not hesitate to reach out to the listing agent who is eager to assist you.

Year built
1990
Type
Villa
Land
12,131 ft²
Interior
Available on request

What this listing includes

  • Pool
  • Garden
  • Terrace
  • Balcony
  • BBQ area
  • 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