Le Vele Resort Condominium in Grace Bay, Providenciales, Turks and Caicos Islands
Available on request
18 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
This rare opportunity presents a 3-bedroom, 3.5-bathroom condominium at the sought-after Le Vele Resort on Grace Bay. If you are seeking tranquility, understated luxury, and the most coveted location, this beachfront condo is the property to buy.
- Type
- Condo
- Land
- Available on request
- Year built
- Available on request
What this listing includes
- Beachfront
- Ocean view
- Concierge
- On-site security
- Gated community
- Elevator
- 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
Cost of entry
The asking price is not what it costs.
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