Turks and Caicos Real Estate Investment

ERA Team often are asked what is the best real estate investment. Prior to answering we ask a few questions to ensure that we are answering the question intelligently. Over 90% of our investors are  from overseas, the majority from the U.S.A  -Canada, UK and Europe follow. In each of these jurisdictions real estate transactions are different. Part of our job is to help you understand the process in Turks and Caicos. Compared to these major countries our real estate market is very small. 

TCI population is approximately 40,000. Our yearly overnight visitor numbers for 2018 was slightly over 400,000. Total real estate transactions in 2018  on TCREA member website were 697 by 14 Broker Companies and 100 agent members.   Sale production was 346 units comprised of 72 sales of Single Family Homes, 77 Condominiums, 7 townhomes, 4 duplex, 177 undeveloped residential land and 13 commercial properties. 

So, what is the best investment?  A few pertinent questions - What is your goal?  Is your purchase solely investment related? If considering home or condo are you purchasing for your own use, for vacation rental or wanting a place to call you own when you visit but would like to cover costs when you are not here? If you were to purchase land would you hold and sell at a later date or build you dream vacation home?  

Once we have the answers we can then advise you on what is the best investment for you.  If you already know what you want we then  we show you what is listed and make appointments for you to view the properties. 

 ERA Team work with you every step of the way to ensure you are getting exactly what you want and that you fully understand the process. You are part of the Team. At ERA Teamwork makes the Dream Work. 

Talk to you soon or we will see you soon

ERA Turks and Caicos Real Estate

ERA Turks and Caicos Real Estate Team are proud of our successes in 2018. We have exceeded our goals.With  listings we are third in number of listings for Turks and Caicos  Real Estate Association. Our TEAM has achieved an average of one sale per week. That may not sound like much to those in larger centers but for Turks and Caicos it is significant. Because we are diversified we have been able to cover the market wherever it has touched down through 2018. Each member of the TEAM are focused on market areas that are significant in today's market.  For 2019 we are working with Andaz group on pre-construction sales for the Hyatt branded development. This is exciting as it has been some time since pre-construction has been a factor to our market. Buy first and get a 10-15% reduction in pricing. Once 25 units are sold price will be increased. Stage payments mean you pay over the period of construction - 18 - 24 months. You will have brand new everything with modern but Caribbean flair. Contact us to find out more on upcoming Andaz. 

Thank you to all our Clients and Customers for our successes of 2018, with you we have achieved much. We wish you all the Best for the Holiday Season and look forward to seeing many of you in 2019. We welcome all new inquiries for listing or sales. Dreams to Reality really does happen with ERA. 



Home is where the heart is

Turks and Caicos communities are diverse but also kindred. As our archipelago of islands separate us they also bind us together in common love for the islands.  Whether you are a full time resident or a part time resident you will feel the community spirit everywhere. The indigenous people along with the many nationalities that call Turks and Caicos home are an amazing mix of like minded people;most working for the good of the islands and working toward a bright and prosperous future for all. 

I am looking toward the future with great excitement. Watching new developments such as Ritz Carlton, Turks Cay, Sailrock and Royal Reef begin construction the Turks and Caicos Islands are again becoming "the place to invest". There are many new homes being built, some for personal use, some strictly for vacation rental. Contractors and all sub trades are being kept busy with many quoting jobs months ahead. 

The first quarter of 2018 has been great with tourism and real estate sales for the islands. We are seeing some increase in prices overall. Land sales have increased - this translates into more building. This trend tends to suggest that we have people moving to the islands for work or not :)  Their hearts have been won over by Turks and Caicos and they want their home here. 

ERA Turks and Caicos Real Estate  professionals are here to help you find the perfect property to make you be at home in the Turks and Caicos Islands .Email, call or text or find us on social media.

Turks and Caicos Islands welcoming the World


December 2017 and we are excited for our upcoming season. 

Another year has passed  and Turks and Caicos Islands recorded the highest growth from the European market within the Caribbean regions. Arrivals from Europe  improved 27.7% year-over-year, the strongest growth among the Caribbean's  major markets. Guests arrived from Italy, France, Germany, Luxembourg, Spain, Switzerland -to name a few countries.  Stopover arrivals from the U.K. ( England, Ireland and Scotland) grew by 40.5 % year over year.

The United States remains the leading source of visitors representing 81.7% of all stop-over arrivals. In part this is due to accessibility, frequency of flights from most major cities in the United States and the fact that TCI is U.S. dollar based. 

Turks and Caicos Islands is emerging as one of the fastest-growing markets in the Caribbean for Canadian investors and second home buyers. The attraction is also accessibility with daily direct flights from major  Canadian cities on Canadian airlines - both Air Canada and West Jet.  Canadian winters are harsh so the draw to 320 days of sunshine that Turks and Caicos enjoys is a definite plus to Canadians. Miles and miles of sandy beach, beautiful turquoise waters,low density  and safe environment attract many to our shores. 

South America is also an upcoming market for TCI and although there are no direct flights as yet, plans are in the works to welcome airlines from South America and other destinations worldwide. 

Turks and Caicos  welcomes investment . While other countries in the Caribbean have strict rules for foreign transactions, Turks and Caicos have many advantages. There is no income tax, property tax, or capital gain tax on any properties. Freehold title, meaning that there can be no interference with ownership by Government. The are no onerous landlord legislation. Many properties are purchased for rental income as well as enjoyment by owners. 

Turks and Caicos infrastructure of roads, power,reverse osmosis water treatment as well as stringent building codes make TCI a attractive location for second home buyers or investment opportunities 

ERA Turks and Caicos Real Estate look forward to welcoming you wherever you are from. Our office is located in central Grace Bay at Saltmills Plaza, 363 Grace Bay Rd. Providenciales; we  welcome walk ins and questions. 

Happy Holidays Everyone !