Caribbean MLSReal Estate

Waterfront Lot Chalk Sound, Providenciales, Turks and Caicos

Available on request

The brief

The reason to consider it.

Waterfront Lot

An opportunity to own a waterfront parcel with great views across beautiful Chalk Sound to the Hills of Frenchman’s cree. Almost 1/2 acre homesite surrounded by water on two sides providing for a unique villa. The land comes with a building permit and full construction cost to build the designed Villa.

Last confirmed

Type
Land
Zoning
Res/Unzoned
Topography
waterfront
Build ready
Yes
Permitted uses
Single family
Land
Available on request

What this listing includes

  • Ocean view

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