Lot 358 Rainbow Circle - 3 Bedroom Home in Blue Hills
Available on request
7 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
This is a vacant lot sold with a contract to construct a 3-bedroom, 2.5-bath single-family home.
The home will offer 1,600 sq. ft. of well-planned living space.
Key features include:
- Solid concrete foundation with block construction
- Durable shingle roof
- Split A/C units in all bedrooms and the main living area
- Situated on a quarter-acre lot
- Ample space for the future addition of a 500 sq. ft. guesthouse
Estimated construction time is approximately four months.
- Year built
- 2025
- Type
- House
- Land
- 10,032 ft²
What this listing includes
- Air conditioning
- 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
Cost of entry
The asking price is not what it costs.
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