Turks & Caicos Real Estate Market Report – 2nd Quarter 2013

MarketReport2ndQ2013After a tepid start to the year, Turks & Caicos had a strong second quarter to finish the first half of the year up 16.9%  in dollar volume over last year. This increase is mostly based on the 16.5M Grace Bay beach transaction to the same Venezuelan hotel developer (Desarrollos Hotelco Turks & Caicos Ltd. (DHTCI)), behind the JW Marriot project to the west of Seven Stars. In addition, the July 1st increase in stamp duty fueled a number of deals into late June closings.

Click here to read more 

Joe Zahm, President, Turks & Caicos Sotheby’s International Realty

t. 649.946.4474  c. 649.231.6188  turksandcaicossir.com