The RE/MAX Elite real estate office has been busy in the Turks and Caicos! Amongst an ever increasing number of potential real estate clients visiting the TCI, we recently helped welcome a 30-strong Canadian Tax conference to the islands. The Conference was initially held in the ballroom at the Regent Palms and, set up by Canadian and former TCI resident Greg McNally, acted as a showcase for a variety of investment opportunity on the island  that would help Canadian residents make the most of their tax allowances buy purchasing in the Turks and Caicos Islands.

Tax Conference Showing of the Third Turtle

The party of potential investors were shown a variety of properties including Villas and many luxury Condominiums including those in Grace Bay Club, The Sands, Villa Renaissance, and the Gansevoort, to name a few. After this, they were even treated to a preview of the upcoming Third Turtle Club by Simon Padgett and his team.

The event  created a real buss for the investors who displayed clear interest in the island and in a range of ownership strategies, including the increasingly popular concept of fractional ownership. We hope to welcome them back in the future to further explore ownership on Providenciales!

Last week the Turks and Caicos on Grace Bay received recognition in the prestigious World Travel Awards. All the more reason to explore some of our splended Turks and Caicos condos, luxurious beachfront homes, or simply learn more about the advantages of Turks and Caicos real estate.

The Somerset in Turks and Caicos

The World Travel Awards have held their grand final in the Turks and Caicos for the last 3 years. The renowned event has been held in sumptuous Grace Bay, a lavish black-tie affair with representatives from around the world. The Turks and Caicos have regularly punched above their weight in these awards taking home many of the most sought after accolades, due to its stunning natural beauty and hard work of the developers on the island.

This year we are pleased to announce that the Turks and Caicos again took home a range of awards. Leading Hotel in the Turks and Caicos was  won by the Somerset! RE/MAX Elite is proud to say that we are currently listing a number of units at the Somerset, including Somerset unit #101 and Somerset unit #105. Take a look!

On top of this accolade, the RE/MAX listing Welwyn Penthouse won best presidential suite in the Caribbean! We are pleased to report long overdue recognition of the work of everybody at the Somerset.

Take some time to look at our Turks and Caicos property for sale, and contact us if you have any questions.

RE/MAX ELITE in the Turks and Caicos is delighted to have secured the listing of three condominium units at the Luxury Somerset Condo Hotel Resort.

The Somerset in Grace Bay is the height of luxury and has been a haunt for a number of A-List Celebrities who have stayed at the resort, since its opening in 2006.

As a fortunate member of the Small Luxury Hotels of the World, The Somerset offers its guests a varied number of accommodation types ranging from Villas, condos and Cottages that make up the 53 suites.

Amenities at the resort extend to 300ft of stunning Grace Baybeachfront, two breathtaking pools including a lap pool, Croquet lawn, fitness centre, steam room, a fine dining restaurant (O’Soleil) and poolside lunchtime bar (LunaSea). In room Spa services can also be arranged.

Simon Padgett, Broker of RE/MAX ELITE explained that the three luxury condominiums, including a sumptuous 5300sf two story penthouse are attractive listings for the market, particularly as the developer has reduced the pricing by 20 %, compared to comparable condominiums that were priced in 2008 at the resort.

In addition to marketing these properties, RE/MAX ELITE have agreed with the Somerset to have a sales desk based in reception for the needs of their guests.

Anyone interested in further details on any of the condominiums on offer, should contact the RE/MAX ELITE office.

The government of the the Turks and Caicos Islands officially announced the extension of the reduction of stamp duty effective April 1st to June 30th 2009.  This is great news for buyers and sellers in the real estate industry.  The stamp duty will remain at a low 6 %.  This is part of the economic stimulus program to encourage buyers to the Turks and Caicos.  With real estate prices dropping and a smaller stamp duty to pay upon purchasing, this is the ideal time to buy land, condominiums and homes in the Turks and Caicos Islands.