Welcome to our Turks and Caicos real estate guide. Here you’ll find information on locating and purchasing real estate, and building a home. For short term vacation rentals, see Providenciales Villas and Where to Stay in the Turks and Caicos.
On a global scale, the Turks and Caicos is a very small country, with total landmass amounting to only 300 square miles (616 square kilometres). However, much of this area includes protected tidal wetlands and nature reserves, so buildable area is far less.
Due to the overall quality and quantity of the beaches, Providenciales is currently home to the majority of the population and development in the country.
As the name may suggest, the Turks and Caicos consists of two closely adjacent archipelagos: the Turks Islands and the Caicos Islands. Both island groups are situated on a limestone plateau that rises abruptly 11,000 feet (3,300 meters) from the Atlantic ocean floor, however the 6,000 foot deep (1800 meter) Turks Island Passage separates the two island groups.
Vibrant reefs surround almost the entirety of both the Turks Islands and the Caicos Islands, and the ongoing bioerosion of these reefs by marine animals such as the parrot fish continually feed the spectacular beaches that define the Turks and Caicos.
The general geology of the country is similar to the neighbouring Bahamas island chain, with very low elevations, extensive wetlands, and prevalent Karst Process geomorphological features.
The Turks and Caicos is a British Overseas Territory, and there are no restrictions on foreign individuals owning real estate. However, it's important to note that foreign companies and trusts are not able to own real estate.
It’s important to be aware of residency status and eligibility before investing in the country. Depending on investment amount, a residency permit or a Permanent Resident Certificate (PRC) may be granted. After a legal residency of five years and if one holds indefinite leave to remain (typically a PRC), it’s possible to apply for British Overseas Territory Citizenship (Turks and Caicos Islands). This status confers a passport, however be aware that voting and certain business rights are restricted to those who Turks and Caicos Islander Status (also commonly referred to as Belonger Status), a status that can be very difficult to obtain regardless of residency length.
Vacant land, detached single family residences, condominiums and multi-unit residential townhouses are available on Providenciales. The options on the other islands in the Turks and Caicos, due to their limited development, are largely limited to either vacant land or detached single family homes.
As to be expected, beachfront and oceanfront land commands a price premium. Prices for such land on the less-inhabited islands is typically significantly less than on Providenciales and Grand Turk, however the price ratio on each island between inland and oceanfront remains roughly the same.
The easy accessibility of the Turks and Caicos Islands to North America makes us a top choice for retirees and those want to buy a second home to escape the cold of winter.
The local Turks and Caicos Real Estate Association (TCREA) offers an online multi-listing service, covering many of the local properties listed with estate agents. However, it's important to note that this is not an exhaustive list, and there are many other parcels and units listed solely on an agent's site. In addition, especially for smaller-value land, parcels are listed for sale direct by owner, through signs on the property or through advertising (it's common to advertise locally on Facebook due to the low cost).
See Building a Home.
For those who want to build their dream home, the construction options in the Turks and Caicos are greater than ever. Due to the rapidly expanding luxury villa market on Providenciales, there is a wide selection of architects, engineers, project managers, and contractors to choose from.