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Why You Should Invest in the Turks & Caicos Outer Islands

Posted by Lia on September 2, 2019
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When it comes to Turks & Caicos real estate, the main island of Providenciales has long been the place to buy property in our chain of about 40 islands and cays, of which only eight are inhabited. But if you limit your search to Provo these days, simply put: You’re missing out. Our outer islands, which include North Caicos, Middle Caicos, South Caicos, Grand Turk and Salt Cay, are rich with potential. Check out some of these recent listings to see what the outer islands have to offer.

.5 acre, one lot back from Bambarra Beach, Middle Caicos

Accessible via a daily ferry to North Caicos, the island of Middle Caicos (connected to North via a causeway) is the largest of the Turks & Caicos Islands, known for its impressive limestone cliffs and long stretches of pristine beach. Despite its large size, the island is home only to 275 people. And if you’ve been searching for land to purchase on the outer islands, you should stop what you’re doing and check out this half-acre property just a short walk from the beach. Not only is the land just one lot back from the gorgeously serene Bambarra Beach, but it’s also close to a coral reef so you can walk out the door and be snorkeling within minutes.

This property is perfect for your family home as well as a guest cottage, or you could purchase it as an investment — a lack of taxes on land ownership and no restrictions on when you have to build in TCI gives you options.

You’ll want to act fast on this real estate opportunity — you won’t find other residential lots in the area at this price.

Price: $69,900

.5 acre with an ocean view, Matersons Point, Grand Turk

The island of Grand Turk, full of history and culture, is home to the TCI capital of Cockburn Town. Here is where you’ll find the Turks & Caicos National Museum on the picturesque Front Street that runs along the water, as well as TCI’s only lighthouse, built in 1852. There’s so much to learn and discover on Grand Turk that we dedicated an entire blog post to it last year.

And here’s the thing about Grand Turk: It’s also teeming with real estate opportunities. Take, for example, this half-acre of land at Matersons Point on the eastern shore of the island. Included: Sweeping views of the ocean and access to a secluded beach. It’s the perfect place for a rental villa, or a house to call your own. And with a view like that, what more could you possibly need? An affordable price? Well, then, here you go.

Price: $49,000

Unfinished home near Whitby Beach, North Caicos

One person’s unfinished house on North Caicos — an island with flourishing vegetation due to its abundant rainfall — is another person’s opportunity to have their own home near the gorgeous Whitby Beach. The two-story building is at belt beam stage, and the cistern is complete. A copy of the plans is available to those who want to continue with the existing floor plan, or start with a clean slate and design your own private home or rental villa. Whitby is the longest continuous beach on North, and it’s as peaceful as it is pristine.

Price: $275,000

Interested in seeing more Turks & Caicos real estate options beyond Provo? Visit our website for a full list of properties for sale in TCI.

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