Caribbean MLSReal Estate

CLOSE TO THE OCEAN - Vacant Land Lot in Turtle Tail, Providenciales, Turks and Caicos

Available on request

The brief

The reason to consider it.

Enjoy stunning ocean views from this spacious 1.6-acre lot in the quiet, prestigious neighborhood of luxury homes along Ocean Drive in Turtle Tail. The property can be developed as a family estate or a compound of 4 or 5 upscale rental villas with planning permission. Large parcels are rare in Turtle Tail, and investors can hold onto the land for future appreciation. Water access and a beach are just up the road, and the active Southside Marina nearby offers dockage, dive boats, fishing charters and the very popular Bob’s Bar. The Land & Sea Restaurant is just around the corner at Wymara Villas. Come see the possibilities.

Last confirmed

Type
Land
Land
69,696 ft²
Zoning
Res/Unzoned
Topography
flat
Permitted uses
Single family, Tourism

What this listing includes

  • Ocean view
  • Beach access
  • Marina
  • Dock or mooring
  • On-site security
  • Gated community

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