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