Caribbean MLSReal Estate

Studio suite 512, Royal West Indies Resort, Grace Bay, Providenciales

Available on request

The brief

The reason to consider it.

Fully furnished studio suite 512 at Royal West Indies Resort offers approximately 50 m² of living space on the ground floor of Building 5. The unit features a kitchenette, stacked washer and dryer, and a private patio surrounded by mature gardens.

Guests can enjoy resort amenities including two swimming pools, a hot tub, and the Pelican Bay Restaurant & Bar. The studio’s location on Grace Bay Beach provides easy access to the beach, restaurants, shops, and a golf course.

The property is available for sale at US$540 000 and can serve as a vacation home or an investment with a proven rental program.

Last confirmed

Type
Studio
Land
Available on request
Year built
Available on request

What this listing includes

  • Furnished
  • Garden
  • Pool

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

Read what people say, based on 13 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law