Caribbean MLSReal Estate

Commercial Property in The Regent Village, Grace Bay

Available on request

The brief

The reason to consider it.

Welcome to the heart of The Regent Village in Grace Bay, C101-C201, where an extraordinary venture awaits you. This immense property, formerly the renowned Outback Steak House, is now up for sale for one month only, fully turnkey and ready to…

Last confirmed

Type
Commercial
Use
Retail
Land
Available on request
Year built
Available on request

What this listing includes

  • 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

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