the Sotheby' real estate office in Grace Bay Sotheby's International Realty, Grace Bay, Providenciales.

Turks and Caicos Real Estate Agents

calm water and vacation villas at Sapodilla Bay Beach on Providenciales
Sapodilla Bay Beach, Providenciales. Many of the island's smaller beaches are popular sites for vacation villas.

The Turks and Caicos has an active real estate market, and there’s a wide selections of realtors to choose from. Many of the local real estate agencies have been established since the early 1980s and 90s and have decades of experience in the local real estate market.

Both independent and internationally-affiliated agencies exist. Most agents are located on the island of Providenciales, however they typically list properties across the country.

Title, Ownership and Property Taxes

It's possible to obtain a freehold on land purchases. Some areas of the island are parts of private developments, and may be offered as a leasehold (as opposed to a freehold).

There are no restrictions on foreigners purchasing and holding land in the Turks and Caicos Islands. In other Caribbean countries, such as the Bahamas, it's a requirement that foreigners register purchases with the government, and require that a special permit be obtained for larger purchases. Furthermore, capital controls can impede the sale of land. There are none of these requirements in the Turks and Caicos.

There is also no property tax in the Turks and Caicos.

Choosing a Real Estate Agent

As is the case in any locale, realtors are attempting to make a sale. It’s essential that you obtain a minimum of knowledge about the Turks and Caicos and its islands and regions so you’ll make an informed purchase. Talk to locals, learn about locations, and form your own opinions before contacting a real estate agency.

There’s a large number of real estate agents in the Turks and Caicos, including those that practice part time and full time. There isn’t a high bar to entry for entry to realty, so many agents practice as a means to supplement other income. This isn’t necessarily a bad thing, yet it does mean that some agents may be inexperienced. Part time agents typically accept lower commissions, but it may make sense to scrutinize documents and deeds. In the Turks and Caicos, a relatively few agents account for the majority of sales, especially considering collective value.

Your real estate agent should be able to offer a basic overview of the legal requirements of residency in the Turks and Caicos, and what your investment or purchase entitles you to. They should also be able to outline the applicable stamp duty rates.

What to Look For in a Real Estate Agent

incredible turquoise water at Long Bay Beach on Providenciales
Villas and vacant real estate at Long Bay Beach.

How Many Properties Does the Agent and Real Estate Firm Represent?

If a real estate agency is listing and selling a large number of sites, there’s typically a reason. Ask to see recent sales.

How Long Has the Agent Been Practicing?

Similar to the consideration of the number of properties that a realtor lists, if an agent has been practicing for a significant period of time, it may be beacause they're good at it.

Is the Agent Knowledgeable?

Is the real estate agent knowledgeable about our islands, zoning, protected areas, and relevant law?

There have been cases of misrepresentations in the past on the possibilities for development of parcels. There's several different types of both residential and commercial zoning, and it's important that depending on your needs, your desired parcel is zoned appropriately.

What Past Sales Has the Real Estate Agent and Company Made?

A great indicator of an agent are the previous sales made by both the real estate agent and agency made. If they’ve sold a number of properties similar to what you’re looking at, they’ll likely be successful and a fit.

Expectations of Rental Income

It’s common for condominiums and vacation villas to be rented out for short-term stays when the owners are out of the country, and this fact is often used as positive of buying real estate in the Turks and Caicos.

Does your perspective realtor offer a realistic sense of possible income on an investment? In many cases, especially properties with strata and villa management fees, rental income may not be as high as initially suggested.

TCREA - Turks and Caicos Real Estate Association

The local TCREA trade association is composed of the majority of real estate agents and firms in the Turks and Caicos Islands. They operate the multiple listing service (MLS), which is a centralized database of most (but not all) properties offered for sale via these agents in islands.

Real Estate Agents

Turks and Caicos Property
Led by owner and broker Bernadette Hunt, Turks and Caicos Property was established in 2000 and is a leading broker of premier real estate, with a wide portfolio of luxury homes, vacant land, and beachfront condos.
Blue Cay
Blue Cay is a new luxury residence development project on the beautiful turquoise waters of Leeward Channel on the east side of Providenciales. This gated community offers beachfront and canal front homes.
ERA Turks and Caicos
Formed on Grand Turk in the 1980s, this real-estate agency is now headquartered on Providenciales and was one of the founding members of TCREA.
RE/MAX Turks and Caicos
RE/MAX Real Estate Group Turks & Caicos Islands sells luxury properties in Turks and Caicos under the RE/MAX Collection brand. Owners and brokers Blair MacPherson and Woody Bonrud live in the Turks and Caicos and have a combined 30 years experience in the real estate industry. Properties available for sale through RE/MAX include condos, villas, homes, townhouses and land.
Salt Cay Real Estate
Salt Cay Real Estate has been offering real estate property management and sales for the past 18 years.
The Real Estate Boutique
The Real Estate Boutique by Grace Bay Realty has offered boutique real estate brokerage and related services throughout the Turks and Caicos since 2000. A community conscious business, they are committed to offering clear communication and full support in manifesting buyers and sellers intentions. Their website offers the public direct real time MLS access.
Turks & Caicos Sotheby's International Realty
This is one of the main real-estate brokerages firm in the Turks and Caicos, and provides a variety of services including condominium development, home, villa and land sales and also villa rentals.
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