REHOBOTH ESTATE
Available on request
24 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
REHOBOTH ESTATE is a waterfront investment property situated on 1.29 acres in the prestigious Discovery Bay area, boasting 160 feet of prime canal frontage. The estate comprises a main three-bedroom, three-bath house, a separate two-bedroom, two-bath pool house, and a one-bedroom unit. Additionally, there is a duplex with two bedrooms and two baths on each level. The property features a pool and a gym. Planning approval is in place for a three-bedroom villa, tennis court, and basketball court. One of the parcels is entirely undeveloped, offering significant imaginative potential. The zoning has recently been updated to permit additional kitchens.
Finished to the highest standards, the estate includes granite countertops, stainless steel appliances, and branded fixtures. The property generates a net revenue of $13,000 per month. The zoning has changed and allows for more kitchens.
- Year built
- 2000
- Type
- Villa
- Land
- 60,493 ft²
What this listing includes
- Pool
- Fitness centre
- On-site security
- Kitchen
- Tennis court
- 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.
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