The Turks and Caicos Islands (TCI) are a highly sought-after location for property investors. It is repeatedly named as one of the best places in the world to invest in thanks to RECORD RISES IN PROPERTY VALUE with the best appreciation found in luxury properties in Provo’s Grace Bay.
Boasting the world’s best beach, Grace Bay is firmly established as an internationally renowned luxury tourism destination, driving demand for high end rental properties on accommodation platforms such as VRBO, Airbnb, and Booking. The diverse clientele has not only made Grace Bay culturally vibrant but also highly profitable, with property owners enjoying an excellent return on their investments.
Here are five excellent reasons to invest in Saphora Grace Bay – the new jewel of Provo living:
Another attractive aspect of investing in Saphora Grace Bay is its property ownership model, allowing buyers to retain full control of their condos all year round. Unlike many other branded TCI developments, you are not forced to give up your unit for rental programmes. You decide on whether to rent, to whom and for how long. Alternatively, let our experienced property management team take year-round care of your condo and rentals.
Located on Allegro Road, Saphora Grace Bay is in the heart of the Grace Bay (see dotted red area on the above map. Zoom in to see the area in detail) Saphora’s neighbourhood includes a host of restaurants, including Embers and Lemon 2 Go. Opposite our residences is Graceway Gourmet—regarded as the best full-service grocery store in Grace Bay, with an upscale selection of organic and gluten-free produce, wines, and spirits, an onsite deli, bakery, and grab-and-go meals. It’s also easy to live car-free here.
Also on the Allegro Road is a new retail plaza, Grace Bay Marketplace, which has an indoor & outdoor play areas for kids, family cafés and gelato spots, restaurants (both international and island-inspired cuisines), boutique shops, wellness services including spa and skin care, a tailor and dry cleaner.
Opposite Saphora Grace Bay is the Grace Bay Medical Centre, the top choice for locals and expats alike. There are also two pharmacies, a veterinary clinic, car and bike hire, and other local amenities nearby.
It’s easy to live car-free here, especially for short-term visitors and seasonal residents. The area is pedestrian and cyclist friendly, with sidewalks, beachfront paths, and paved walkways making it easy to reach popular places, including Potcake Place – the well-known charity shelter for homeless dogs.
All Saphora Grace Bay residences are sold with a freehold strata title. This means buyers take exclusive ownership of their condo, which has an individual strata lot and title number. The purchaser also shares ownership of the common areas of the site. This means they, together with other condo owners, must provide regular expenses towards the upkeep of the building, its grounds, infrastructure and communal amenities. The monthly strata, or homeowner fees, will be competitive and market related.
All homeowners and their guests must also uphold the strata rules and by-laws that govern the site. The RockFIN property management team are on hand to provide you with all the guidance andsupport you need to maintain your property, and to also manage your rentals all year round.
