Caicos Islands
Caicos Islands
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The Turks & Caicos Property Market
The Turks and Caicos Islands consist of two island groups, the smallest being the Turks Islands and the larger Caicos Islands. There is a population of about 30000. The Queen of England is sovereign and the language is English.
The islands have a thriving economy including tourism, construction, retail and financial services. Tourism is expanding and the islands have one of the longest coral reefs in the Caribbean which is a haven for divers.
The Turks and Caicos property market has been growing at a steady rate with an increase in interest for the islands and luxurious developments. There is attractive property for sale in Turks and Caicos with a range of new developments that have been built. Some stunning, luxurious property built on the beach front has been allowed by the Government's policy to protect the natural beauty of the island. Planning laws only allow for low density properties to be built, preserving the islands' natural beauty and ambience. This will attract wealthy buyers focused on the luxury market to buy elegant homes in amazing and unspoilt locations.
There is also not a restriction for overseas purchasers to buy property in Turks and Caicos, as for those wishing to invest in property here, there are no requirements for residency. The islands also attract a multitude of investors and buyers because it is a tax haven. Investors include overseas commercial companies, people wishing to retire in the sunshine, smaller investors and those wishing to buy a second property because of its high reputation. The fact that there is no income tax is an additional bonus for buyers of Turks and Caicos property.
Investors who would like to make the best of expanding tourism can buy a range of Turks and Caicos holiday villas, houses and apartments. A brand new cruise port is being developed on Grand Turk Island, bringing more tourists to the island, and several new condominium developments have sprung up around this location. The islands are a haven for scuba-divers as they boast one of the largest coral reefs in the Caribbean and there are many moorings and bays for sailing boats and those who wish to sail around the islands, which is another popular tourist attraction.
Providenciales, also known as Provo,in the west, is a very popular tourist area and well connected by global airlines. It has modern amenities combined with stunning beaches and views. There is a mixture of old and new architecture and an array of bars and restaurants to entertain tourists.
There are also many casinos, golf courses and condominium complexes that attract the discerning tourist to the island, so investors who purchase Turks and Caicos property are guaranteed a high rental yield from the steadily growing tourist industry and from wealthy clientele tourists. Turks and Caicos villas may be rented out for a substantial amount which equals higher returns.
About the Author
Written by Tailored Home. To see more about Turks and Caicos properties visit the website: http://www.tailoredhome.net/TurksandCaicos
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The Turks & Caicos Islands $4.99 These little islands are a rare undiscovered, unspoiled paradise. The Turks and Caicos comprise two groups. A half-dozen small islands to the south and east of the Bahamian archipelago make up the Turks, of which Grand Turk and Salt Cay are the ports of entry. To the west and north are the larger islands of the Caicos group, for which Providenciales (locally known as Provo) is the port of entry, and the islands' center of tourism. Comprised of about 40 small islands and cays, the Turks and Caicos Islands are ecologically pure. The waters are unpolluted; the beaches are clean and pristine; the population is friendly and outgoing. These islands offer excellent diving and deep-sea fishing. For the beachcomber, there are acres of pristine coral sand, much of it deserted. There are almost 230 miles of beaches. The coral reefs upon which these islands sit are home to a vast undersea population of colorful marine life, most of it friendly and inquisitive. The reef system, more than 200 miles long and 65 miles wide, offers opportunities for divers and snorkelers at all experience levels. There are coral flats at depths varying from a couple of feet to more than 20 feet where a vibrant fish community will provide endless hours of fun under the sea. There are ledges and walls where the depths plunge hundreds of feet offering more experienced divers a variety of choices to explore one of the last unspoiled reef systems in the western hemisphere. There are wrecks, some only recently discovered and still on the secret list. Some were discovered long ago, but still make for an exciting morning or afternoon of exploration. This guide tells you everything you need to know: where to stay, where to eat, how to get around, what to see and do. Here are some reviews of the complete guide to the Bahamas, from which this is drawn: "This is a highly informative guidebook that reviews both the obvious and obscure. The Bahamas has so much to offer and this book really manages to cover quite a bit. I highly recommend it for someone that wants an insight into each of the islands that make up the Bahamas." -- Globehound  "Now in an updated fourth edition, The Bahamas and Turks & Caicos is a travel guide to the 700+ islands of the Bahamas as well as the Turks and Caicos. Fabulously illustrated with full color photographs on virtually every page, The Bahamas and Turks & Caicos lists the best hotels in different price ranges, restaurants, dive sites, dive operators, tours, fishing guides, historic forts and pirate hideouts, where one can walk through tropical forests or play with dolphins, find duty-free shops with bargains, and much more. An easy-to-use, reader-friendly field guide. Highly recommended for tourists and business travelers alike." -- Midwest Book Review |


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