Caribbean MLSReal Estate

3-bedroom residence at Grace Bay Club, Grace Bay, Providenciales

Available on request

The brief

The reason to consider it.

Beachfront 3-bedroom residence E101.102 at Grace Bay Club on Grace Bay Beach, Providenciales. The unit offers 2,790 ft² (approx. 259 m²) of living space with 3 bedrooms and 4 bathrooms in the resort’s private west corner. The layout combines the main residence with a lockout, both with direct beachfront access to uncovered lanai terraces and spacious covered balconies with direct ocean views.

The interiors were recently redesigned with upgraded kitchen and bathroom finishes. New furnishings have been provided throughout the lockout unit and outdoor spaces, delivering a contemporary beachfront aesthetic while retaining comfortable island living.

Grace Bay Club is a member of Leading Hotels of the World and provides professional rental management for owners, supporting rental revenues. The residence is offered at USD 4,150,000 and is presented for use as a luxury vacation home or an income-generating investment.

Type
Condo
Land
435,615 ft²
Year built
Available on request

What this listing includes

  • Beachfront
  • Beach access
  • Ocean view
  • Hotel-managed
  • Terrace
  • Balcony
  • Furnished
  • Kitchen

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