INVESTMENT OPPORTUNITY
Available on request
31 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Prime property just steps from the world-renowned Grace Bay Beach and amongst five-star resorts offering unmatched potential for visionary developers seeking to create a boutique hotel, condo hotel, or luxury residential project. Currently a multi-family property, it presents an exceptional opportunity for redevelopment.
This property is ideally situated for those looking to develop a high-end hospitality or residential offering in one of the Caribbean’s most sought-after locations.
- Type
- Commercial
- Use
- Hospitality
- Lettable area
- 2,820 ft²
- Land
- Available on request
- Year built
- Available on request
What this listing includes
- Beachfront
- Hotel-managed
- Parking
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
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
