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Elsewhere in the Caribbean

Waterfront Chalk Sound Drive

Available on request

The brief

The reason to consider it.

A 0.52‑acre parcel in the exclusive Chalk Sound community of Providenciales offers 121 ft of water frontage and 113 ft of road frontage, with turquoise waters and sunset views. The lot sits within a high‑value market of luxury villas and upscale residences. It is ready for development subject to planning approvals, providing a prime waterfront location for a private retreat or investment.

The property’s frontage and location make it a sought‑after parcel for those desiring a contemporary island residence with expansive glass and seamless indoor‑outdoor living.

Type
Land
Land
22,669 ft²
Zoning
Vacant Land (Res/Unzoned)
Road frontage
34 m

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