Caribbean MLSReal Estate

Boathouse at SouthBank Marina

Not published

The brief

The reason to consider it.

Discover the rare opportunity to own a luxury boathouse residence in the prestigious South Bank Resort and Marina, located just off the majestic Caicos Banks of Providenciales. This newly constructed 2 bedroom, 2.5 bath boathouse perfectly blends contemporary coastal design with a relaxed island lifestyle. It’s ideal as a private retreat or an income-producing investment property.

Step inside this expansive 2748 square foot open plan, masterfully laid out in three levels. High ceilings, light millwork, and panoramic views invite an abundance of natural light. A very large living/kitchen area offers ample space for entertaining. The primary suite has water views, a spa-inspired ensuite bath, and direct access to an expansive outdoor deck. A second bedroom provides luxurious comfort for guests or family.

The kitchen features high-end appliances, stone countertops, and smooth indoor-outdoor flow with a private waterfront terrace - perfect for dining al-fresco or entertaining under the stars. Directly access your own private 26’ boat slip. Marina access makes this property a boater’s dream, promising effortless adventures in the world-famous turquoise waters of the Caicos Banks and beyond.

Residents of South Bank enjoy access to exclusive resort amenities, including the private Beach Club, lagoon swimming areas, spa and wellness facilities, concierge services, and of course, fine dining. Professional property management and a comprehensive vacation rental program ensure the ultimate ownership experience. Whether as a full-time residence, vacation home, or pure investment, this South Bank Boathouse offers the right combination of luxury, lifestyle, and location in one of the Caribbean’s most prestigious waterfront communities.

Last confirmed

Year built
2024
Type
Townhouse
Land
439,996 ft²

What this listing includes

  • Dock or mooring
  • Terrace
  • Ocean view
  • Marina
  • Concierge
  • On-site security
  • Kitchen
  • Furnished

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