Caribbean MLSReal Estate
Elsewhere in the Caribbean

89 TRADEWINDS ESTATES

Available on request

The brief

The reason to consider it.

4.45 Acres of vacant land located towards Flamingo Lake just before IGA. This property is ideally situated with close proximity to downtown and Gracebay, a great property for a small housing development.

Type
Land
Land
1,876,795 ft²
Zoning
residential
Topography
flat
Build ready
Yes
Subdivision approved
Yes
Road frontage
50 m
Elevation
5 m
Water
Yes
Electricity
Yes
Mains drainage
Yes
Internet
Yes
Permitted uses
Single family, Duplex

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