When To Buy in Turks and Caicos?

We all know the world real estate market is always changing and in recent months has been in a retreat but now is showing recovery here in Providenciales, Turks and Caicos! The rebounding economy is setting the stage for those wishing to get into the real estate market. The reality is that a great deal of thought and information gathering is guiding buying decisions now - not the impulse buying of a few years ago that fueled a wild development spending spree. There are a lot of people with money to invest and with the desire to own a vacation home in the Turks and Caicos Islands and in particular here in Provo. Anyone taking the facts into consideration can see that it is now the time to buy ‘smart’.

A large part of today’s market is the family who has enjoyed coming here on vacation and they now have decided to buy a property. The prices are right and there is a cross section of all types of properties available. The plateau in real estate prices has resulted in a buyer’s market. The buyer’s market will be a seller’s market in the near future. This is the time to buy! Providenciales was in the forefront of the greatest real estate building boom the Caribbean has ever seen. We were fortunate to have top quality developers build some grand and attractive properties when the market was rich with buyers. Today, we can take advantage of their efforts by buying smart into some of the most luxurious properties at prices considerably below what was offered 3-4 years ago. Real estate has a proven stability with certain growth potential in upcoming years. Turks and Caicos is relatively new as a tourist destination, we most certainly have many years of positive growth and exciting potentials.

Why should you consider buying now? Are prices about to start moving upwards or will there still be adjustments coming? We are affected somewhat by the international financial ups and downs and somewhat by local influences but we are still a desirable destination. We are seeing a boom with tourists still coming to Turks and Caicos this year and why not? We still have the essentials – sun, sand, beautiful beaches, great restaurants and hotels, ever improving air connections and we are just becoming known! The future is bright!

The time to buy is when the prices are right for you and the selections interest you. Is that the case here now? We know it is. As the top properties are picked off at great prices the selection dwindles. Don’t miss out on your dream – come join us now! We can work with you here – mortgages are available locally with top international banks at low interest rates. New medical facilities are opening this summer and a new expanded international airport has been approved. European flights will be coming directly here in the very near future.

Also look at the new way to own – ‘fractional ownership’. This is the right way to own for many families. Ask us for information that will really open your eyes to how you can now afford to have the greatest family vacation home right now for your immediate enjoyment with no hassle ownership!

ERA Coralie Properties Team is available by email, phone or in person to answer your questions. ERA Team will help you to successfully sell your home. ERA will also help buyers find the right property, at the right price, at the right time – NOW is the time…

Today the temperature is 82F or 28C. No snow in sight - no traffic jams, no crowds and a gentle breeze is keeping us cool! Come join us in Turks and Caicos “Beautiful By Nature”
ERA Coralie Properties Ltd. | Units 7 & 8, The Saltmills, Grace Bay Road, Providenciales | Phone: 649 941 5756