Summer 2015 Realty Report
We are delighted to announce the opening of our North Caicos office in Major Hill, and look forward to serving you there. The walls host a collection of aerial maps, local photographs and watercolour prints ... come visit soon! We are also delighted to bring the island of Salt Cay under the Forbes, Forbes & Forbes real estate banner, welcoming Debbie Manos to our firm as the on island real estate consultant!
Land Banking Opportunities. Summer 2015 in the Caribbean and all is well! This has been a good year in TCI, with stable political scene, stable visitor base and stable real estate market. While many folk think that growth is the only good news, we firmly believe that a calm and stable economy is better for solid investment value and security. Turks & Caicos Islands will indeed continue to grow and develop, with several interesting projects ongoing or in the pipeline, yet the growth pattern will be slow and steady - bringing excellent long term value to your investment over the years. Indeed "land banking" has become a popular term for buying quality land to hold in a secure location with no annual property taxes...better than any savings account on offer. Across the Caribbean the range of real estate alternatives is vast and diverse, yet TCI stands out, clearly demanding attention. Significant positive factors driving investment here include excellent & widespread airlift to TCI, economy based in US dollars, no annual property taxes, no capital gains or income taxes and British government control. As a high end tourism destination the growth and development to come will bring solid development to all the islands, each with unique advantages and lifestyles. Forbes, Forbes & Forbes is at the forefront of the movement to "Go Beyond Provo" and show investors the truly exceptional real estate opportunities on Pine Cay, North Caicos, Middle Caicos and Salt Cay!! Read the full Realty Report.
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Featured properties: Interior lots near Bambarra Beach
Prices have never been better for investment in an offshore lot near Bambarra beach. This tranquil paradise of sand and sea curves for four miles inside the reef, with coral heads abundant, good fishing along the shore or at the pier, fabulous beach combing and the ultimate in privacy. All lots offer excellent building sites within minutes of the beach and properties built here will have excellent rental potential.
This subdivision includes area along the beach as well as land rising to the ridge, with good access to all lots. Twelve homes have been built to date, with another four underway. Construction process and costs are steady, organized and effective. The vacation rental market for villas on both North and Middle Caicos is growing each year, particularly with visitors focused on eco–tourism and cultural experience, offering a real potential for income on your investment in a Caribbean retreat home to enjoy!
1 acre parcel one row off the beach!! This is a corner lot with electricity at the boundary, possibly allowing commercial zoning to establish services/retail outlet for the area. Asking only $75,000 = great value!
.49 acre lot within the original subdivision. This lot is toward the eastern edge of the subdivision and offered at only $40,000 for quick sale!
.44 acres on slightly rising land just two tiers into the western subdivision. Great breeze and ocean view make this lot special - offered at just $55,000!
1 acre parcel two contiguous lots in main subdivision area to be sold as one parcel (.5 acre each), third tier, power nearby : asking $110,000.
Land banking is a secure from of investment, especially here in TCI with no property taxes applicable. Purchase the land now and hold it for the future – or go ahead and develop the property with the secure knowledge that the investment is sound. Email email@example.com for more info anytime.