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On your recent vacation to the Turks and Caicos Islands you have most likely visited Providenciales, or ‘Provo’ for short.  How well do you know our neighborhoods?  If you are searching for a vacation spot, a quiet beach for a picnic or a place to call your second home – Michelle Swann, Coldwell Banker Global Luxury Sales Executive, can help.  In Providenciales there are many areas to explore:

Grace Bay – Our signature beach along the North Shore of Provo where you will find luxury beachfront condominium units for sale at the  resorts that line Grace Bay Beach. Homes, townhomes and villas are a block or two from the main street.  Grace Bay is by far the best location for restaurants, shopping, golfing, galleries, supermarkets, boutiques and banks, no car required!

Leeward – a private upscale community with beach and canal front villas, some of the most expensive real estate in the country is found in the Leeward development. If privacy is important, speak with Michelle about the many lot sizes available in Leeward. Most homes are gated and enjoy generous waterfront.  The beach in Leeward is a quiet spot, perfect for swimming, sun tanning and sunset walks.

Blue Mountain and Turtle Cove – Turtle Cove is home to the first marina constructed in the TCI. Water and beachfront houses, townhomes and estate villas are found in this established central neighborhood. Blue Mountain offers waterfront villas and homes built high on the hill. Some of the prettiest views of Grace Bay beach and the clear blue ocean beyond are found in these two locations.

Chalk Sound Peninsula – Home to Taylor Bay beach, shallow and perfect for stand-up paddle boarding, a great beach for kids. This quiet residential area offers waterfront homes and land parcels on either side of the main road. Small private developments such as Harbour Gates, Ocean Point and Silly Creek Estates are popular spots for second homes and vacation rental properties.

Turtle Tail – Located on the southern side of Providenciales this area is popular due to its quiet residential vibe. The Turtle Tail area is not as developed as other parts of the island and has some terrific waterfront lots for sale if building a home is part of your Turks & Caicos plan.

Long Bay – This is the ‘sporty’ beach spot in TCI. If windsurfing, kitesurfing, jet skiing and other adventurous watersports are your thing then Long Bay is a match. Spectacular beachfront estates line the shore. Most properties in the Long Bay development are between ½ and 1 acre in size, perfect for a main house, pool and guest house.  A few resorts line the beach in Long Bay – The Shore Club, H2O and the new South Bank development.

We are happy to introduce you to the ‘outer’ islands as well. They are less developed than Provo, but just as appealing and the real estate prices are far lower. The Turks & Caicos real estate market is strong, healthy and balanced. We are still the ‘new kid on the block’ and most hotels, resorts and homes are less than 15 years old.  With just over 700 real estate listings in the country we will search high and low to find a property that is a perfect match.

There are approximately 10 new development and pre-construction projects ongoing in TCI – ask Michelle for details.

Michelle Swann, Sales Executive, Coldwell Banker Real Estate Turks & Caicos, 649-231-4429.

Turks and Caicos, September 4, 2024 – Applications for over 600 housing units were on the agenda for approval when the Physical Planning Board last met in its 765th regular meeting on August 27, 2024; the incredible statistics were reported from one single sitting.

Included in those healthy figures, which in most cases for the island of Providenciales and granted ‘conditional approval’ was 46 town houses and 456 houses in what appears poised to become the island’s two newest communities.

Request was made to progress phases one through five for the three bedroom units in the town house development and the Board has given conditional approval to the more massive development of around 500 homes, where investors have also expressed interest in creating commercial, public recreation and retail spaces as part of the project.

From single storey to four storeys and sprawling properties, the agenda for the PPB was stacked, continuing a trend of significant expenditure on new constructions, expansions and renovations in the Turks and Caicos Islands.

Government, through Invest TCI, has crafted investment incentives to generate more interest in housing development in order to reverse the problem of shortages in residential residences.

At the launch of the newly minted Department of Housing, it was explained that a survey revealed people were overspending on rent and that the TCI needed to ensure at least 600 new homes were added to the inventory annually for the next twenty years in order to satisfy demand.

In the 764th meeting of the Physical Planning Board, there were applications for 16 apartment buildings, one subdivision and a 24-room hotel.  That meeting was held on July 17, 2024.

Re-post from Magnetic Media Turks and Caicos. To read the full article click here:  https://bit.ly/3MujTNs