Caribbean MLSReal Estate

Villa Penn Sawyer

Available on request

The brief

The reason to consider it.

Commanding one of the most extraordinary waterfront positions in Leeward, with simultaneous beach access, expansive Caicos Banks vistas, and massive canal frontage — Villa Penn Sawyer is a distinguished home, thoughtfully crafted to endure in…

Last confirmed

Type
Villa
Land
106,261 ft²
Year built
Available on request

What this listing includes

  • Beachfront
  • Beach access
  • Dock or mooring
  • Ocean view
  • On-site security
  • Gated community
  • Parking
  • Air conditioning

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