Turks & Caicos Islands Real Estate Winter/Spring 2023/24

SOUTH CAICOS
With the Atlantic Ocean surrounding the island,
North Creek slicing into its north end and centuries-old
salinas spanning the interior, on the nation’s capital of
Grand Turk you are never far from water . . . or a water
view. The Grand Turk Cruise Center, which features a
state-of-the-art pier, 13-acre recreation complex and
nearly 20 shore excursions, spurred the market here.
Grand Turk offers several small hotels in town, some of
which are converted great houses with glorious, seafaring
pasts; other properties away from town have been recently
renovated or built. There are residential and commercial
undeveloped beach and ridgetop properties, as well as
homes and villas, available.
Tranquil and charming, with the ruins of the
once-thriving salinas still intact, Salt Cay is being rediscovered
as one of the few remaining Caribbean outposts.
Folks who enjoy adventure have restored and refurbished
some of the historic salt-rakers’ homes for rental to visiting
tourists.
With its abundant rainfall and fertile soil, the
“Garden Island” of North Caicos is distinguished by lush
vegetation and a laid-back, rural flavor. Land values have
increased over the last several years. Beachfront residential
subdivisions are available and the northwestern shore near
Sandy Point is home to multi-million dollar villas and
the North Caicos Yacht Club and Marina, an exclusive
waterfront development currently on the market. Plans are
in place to re-open the airport, which could dramatically
improve access.
While off the beaten track, visitors to Middle Caicos
will find rocky bluffs and beautiful inlets along its dramatic
and picturesque north shore. Property of equal quality
as that in Providenciales can be bought at a fraction of
the price. There is now a causeway linking the islands of
North and Middle Caicos, drastically improving access; it
is likely to affect future land sales.
South Caicos is the country’s fishing center and one of
its original centers of commerce. Tourist facilities include
the upscale Sailrock residential/resort project and East
Bay Resort. Development is expected to flourish when
the new Norman B. Saunders Sr. Airport terminal opens
and upgrades are put in place. Scuba diving, bone fishing,
kayaking and exploring are prime on South Caicos. At
nearby Ambergris Cay, exclusive residential homesites and
homes are available.
The West Caicos Reserve – an exclusive retreat – was
under construction on the secluded island of West Caicos.
The project featured villas, custom homes, cottages and
marina townhomes. It is currently in the process of being
brought back to life. v
16 Turks & Caicos Islands Real Estate – The Official Magazine of the Turks & Caicos Real Estate Association