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Turks and Caicos Beach Club - 1, 2 Bed Apartments for Sale in On A Peninsula

Home » Property For Sale » Turks & Caicos Islands » South Caicos » Front Line Beach » On A Peninsula » 1, 2 Bed Apartments

Property ID: 117155

Apartment

Price : £140,000 to £255,000

Min Rental Return: 12.5%

Max rental return: 20%

Delivery date: May 2007

Key Features

  • - Prices from £140000
  • - Only 10% Deposit
  • - Annual Rental Pool Income of up to 20%
  • - The units are turnkey with all Furniture & Kitchen Packs FREE
  • - Off-Shore Financial Center
  • - 70% Non Status mortgage guaranteed by the developer

Turks and Caicos Beach Club is a new release of front line beach apartments with between 12.5% - 20% rental pool and FREE furniture packs. 70% non status mortgage available from the developer.

Full Description

Turks and Caicos Beach Resort and Marina 

  • Prices from £140k fully furnished.
  • 70% non status developer mortgage
  • 10% deposit down
  • Rental pool with guaranteed rental returns
  • Wealth facilities with marina, casino and golf to follow

Budget airline, Spirit Airlines Announces Service to Turks and Caicos Islands with Fares Starting at $99

TCI voted to be as one of the top destinations in the world for scuba diving.

East Caicos plans to become home to a huge purpose-built cruise liner port accommodating up to 12 cruise liners.

South Caicos soon to commence construction of International Airport.

Plans to bridge link the islands modelled on the Florida Keys.

Hawksbill, Green and Loggerhead Turtles are common passers-by, along with Southern Stingrays, Nurse Sharks, Reef Sharks and the always elegant Spotted Eagle Rays. Occasionally, Bottlenose and Atlantic Spotted Dolphins grace divers with their presence, while, at the right time of the year, it is possible to see the awesome Manta Rays and Humpback Whales gliding past the drop-offs.

Turks and Caicos was voted home to the “World’s Leading Beach” and the “World’s Leading Family All Inclusive” (Beaches Resort & Spa) by the most comprehensive travel trade poll of its kind in which a total of 156,000 travel agencies and professionals in over 140 countries were asked to vote. Turks & Caicos’ famous white sand beach beat out other nominees from around the world to receive the top honors, including South Beach, Miami (USA); Negril, Jamaica; Daytona Beach, Florida (USA); Seven Mile Beach, Grand Cayman; Wailea Beach, Hawaii (USA): Maldives; and Crane Beach, Barbados.

Scuba Diving (Caribbean and Atlantic) Readers’ Choice Awards listed Providenciales, Turks and Caicos Islands among the ‘Top Five’ – Top Big Animal Encounters and ‘Top Twenty’ – Top Dive Destinations, while Grand Turk and Salt Cay were listed in the Top Three – Top Wall Diving; Top Five Healthiest Marine Environment and Top Fifteen – Top Dive Destinations.

Turks and Caicos Beach Club will provide luxury accommodation nestled in between two white sandy beaches on the island of South Caicos. The development will have a wealth of facilities including the following

  • Swimming Pools
  • Hot Tubs
  • Pool-side Bar and Grill
  • Restaurants
  • Lounge and Entertainment 
  • Duty Free Shopping
  • All Units Internet Wired
  • Chartered Deep Sea Fishing
  • Bone Fishing Charters 
  • Full Scuba Diving and Snorkeling
  • Trips and Rental Equipment
  • Sailing
  • Para-sailing
  • Gaming/Casino
  •  Tennis Courts
  • Health Club and Spa Facility
  • Convention Facility
  • General Store
  • Out Island Tours and Sunset Cruises

The development also benefits from the following:

  • Elevation 0 to 165 Feet above Sea Level
  • 360 Degree view
  • 7 different colours of water
  • One Mile of Beach Front/White Powder Sand
  •  Third largest barrier reef in the world
  • Sunrise & Sunset from the same piece of property
  • Approximately 4 Miles from the International Airport
  • Developer has invested to date approximately $55,000,000 US in the Development 
  • There is No Debt Service on this Development

We have been attracted to Turks and Caicos Beach Club because of the rental potential and capital growth. Below are further investment points which make this an attractive project:

  • Developers have 40 years experience in Planning and Architectural Design
  • Only 10% Deposit
  • Annual Rental Pool Income of up to 20% 
  • Annual appreciation, 10% to 20% per year over the last 10 years 
  • The property requires only 26 nights of rental per Year low season to breakeven 
  • Resort residence can be used for personal use or placed in a Rental Pool
  • Phase 1A is over 75% Sold Out 
  • Developer has invested to date approximately $55,000,000 US in the Development 
  • One Mile of Beach Front/White Powder Sand •
  • 360 Degree view 
  • 7 different colors of water
  • The Units are turnkey with all Furniture, Kitchen Packs and Linens inclusive 
  • All monies are held in an ‘escrow account’ 
  • Off-Shore Financial Center
  • 70% Non Status mortgage guaranteed by the developer at 8% 
  • No direct taxation in the Turks and Caicos Islands 
  • No corporate income tax
  • No personal income tax 
  • No estate or inheritance tax
  • No annual real estate tax
  • No Capital gains tax

Turks and Caicos Islands have long been a retreat for the rich and famous wanting to get away from the more crowded islands in the Caribbean. Below are some of the points that make Turks and Caicos a attractive place to invest:

  • A more exclusive destination than any other Caribbean island
  • Local currency is US Dollar offering excellent exchange rates
  • No capital gains tax or income tax
  • Annual climate is between 77 degrees F in winter and 84 degrees F in summer
  • Within 3 Hours travel time of 300 million people
  • Direct flights from UK
  • Excellent diving boasting the third largest barrier reef in the world
  • Having British overseas territory status ensures an accountable legal and political system
  • The International Airport is bigger than that on the Grand Caymen Islands 
  • The islands enjoy one of the lowest crime rates than anywhere in the Caribbean 
  • Hotel rental system enables you to have your apartment rented out on your behalf 
  •  The Turks and Caicos islands are one of the fastest growing destinations in the Caribbean 
  • The British Crown guarantees registered absolute title

 

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