Grace Bay Beach, Providenciales, Turks and Caicos Island has been voted Best Beach in the World 2nd year running. A great honor for TCI and one that we must respect and take great care in planning future development. We are loved as a beach destination because of our low density, high end destination rating. There are no traffic jams, the beach is not congested, the resorts are boutique style where guests feel pampered and special. TCI has a very low crime rate with our current Police Chief working with his team to make it no crime. Driving around in the evenings one will see tourists walking about along Grace Bay Road smiling and obviously enjoying their vacation. The people and Government are continuously striving to ensure that guests have only enjoyable memories when they leave. We speak with many first time visitors and almost always hear that they will be back. Many are interested in investing in real estate at some point; most likely not the first visit and often not the second but certainly many do purchase.
As the Turks and Caicos Islands become even more known around the world the desire of many to visit the islands will increase. With these numbers many will look at investing in property. As investor numbers increase it will increase demand. As our supply of property inventory is limited prices of properties are bound to increase. The real estate market of the Turks and Caicos Islands has NOT seen any significant increase in pricing for many years. We expect 2017 to be the change year with continuation of Investment return to be quite good for the foreseeable future.
The Turks and Caicos Islands have many direct flights from key cities in North America and two flights a week from UK – we expect this sector to grow as well. Flight times from many cities – New York , Philadelphia, Miami, Washington Toronto, Montreal to Providenciales International Airport is 3- 4 hours. The idea of leaving on a snowy, cold morning and arriving early afternoon to sunshine and beaches is an attractive option for your holiday or a quick get away weekend. Our temperatures are temperate – in winter months day time temperatures are in the 80s dipping to mid 70s at night, summer day time temperature in mid 90s, dipping to 80s at night.
Purchasing property in Turks and Caicos is a relatively easy process (check with ERA agents for procedure) and guaranteed ownership – once the property is registered in your name or company name no interference from public or government body is possible.