SAPHORA GRACE BAY 402
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.
Elevated island living takes shape in this well-appointed two-bedroom residence at Saphora, a contemporary mixed-use address in the center of Grace Bay. Comprising 44 upscale residences, Saphora blends residential refinement with curated…
- Type
- Condo
- Land
- Available on request
- Year built
- Available on request
What this listing includes
- Concierge
- On-site security
- Elevator
- Parking
- Air conditioning
- Furnished
- Kitchen
- Wi-Fi
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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