Invest in Paradise! Check out Beachfront Turks and Caicos Islands

Turks and Caicos Islands (by Epic Newsgroup)Why invest in just stocks and bonds or leave money in the bank for very little interest..when yo...


Turks and Caicos Islands (by Epic Newsgroup)

Why invest in just stocks and bonds or leave money in the bank for very little interest..when you can enjoy a piece of paradise and have that be your investment?  Many investors wanting good opportunities are continuing to seek offshore, island properties especially in locations that have an already established pattern of success. This certainly describes the real estate in Turks and Caicos Islands.

The high end Turks and Caicos beachfront condominium market is found mostly along  Grace Bay beach in Providenciales where one can currently buy a studio in a beachfront resort for $US259,000. Or a two bedroom, 2 storey, fully furnished condominium right on the beach in North Caicos for $US250,000.

For a completely carefree investment, think of buying a Turks and Caicos beachfront lot…or a parcel that is within a 2 minute walk to a beach…or a plot of land with dramatic ocean view. There are no land taxes in Turks and Caicos, so once the lot is purchased and the stamp duty paid, there are no further ongoing costs. One can hold the land investment for future capital gain, (there are no capital gains taxes in TCI either) or one can hold the land for building a home for retirement in the future. Turks and Caicos Islands, being a British Dependent territory has a registry office that details any mortgages, rights of way or charges on title. Upon registering the property in the registry office, title is guaranteed by the Crown.

North Caicos is adjoining the private island of Parrot Cay which is home to the rich and famous – where celebrities Bruce Will, Christie Brinkley, Donna Karan, Keith Richards make their home… Right now only about 1,800 people live on this island of North Caicos and although beachfront could cost upward of $US500,000, an acre of waterfront with ironshore is available for as little as $US175,000.

Directly on the other side of the popular Parrot Cay is another high end private island being developed and managed by Mandarin Oriental. This resort is presenting condos and villas wiith prices beginning at $US1,700,000.

The still undiscovered Island of Middle Caicos has a population of only 275. This lush island is the largest and most breathtakingly beautiful of the Caicos Islands with elevated view of the endless beaches, above ground caves, and nature trails. A beachfront piece of paradise on this island can be purchased for about $US400,000.

Because of the current turmoil in the world economy and the slow down in the United States, there are incredible opportunities here in Turks and Caicos, investment opportunities that can fulfill your investment goals…opportunities and prices that we have not seen here in the last 10 years. “They don’t make any more beachfront” so it is good to get in now for short, middle or long term investment..There are many good choices to suit any investment budget.

Renting out your investment condo or villa is very easy as Turks and Caicos remains a very popular vacation destination being only 575 miles from Miami and having an International airport that brings in guests from all over the world. The TCI weather is almost always perfect and the currency is the convenient American dollar. There is a low crime rate and state of the art communications. Come for a vacation and check out the investment possibilities.

Think about it. Live the dream. Find your own piece of paradise!

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