Introducing Saphora Residences & Retail – A Contemporary Luxury Lifestyle Destination
Saphora is a refined, mixed-use residential and commercial development conceived with modern island living and lifestyle convenience in mind. Perfectly located in the lively epicentre of Grace Bay, Providenciales, this boutique enclave offers 44 upscale residences and a curated suite of amenities, including a stylish morning café, a signature fine-dining restaurant, and seven boutique retail spaces—blending sophistication and functionality in one of the Caribbean’s most sought-after destinations.
Strategically situated along the primary thoroughfare leading into Grace Bay, Saphoraplaces residents mere minutes from world-renowned Grace Bay Beach. Surrounded by a collection of the island’s finest resorts, the development is ideally positioned for effortless access to premium shopping, gourmet dining, daily conveniences, and vibrant entertainment—truly embodying the essence of urban coastal living.
Brought to market by RockFin Group—the visionary team also behind the anticipated Hilton LXR project—Saphora reflects the group’s reputation for high-end development. Under the leadership of Fio F. Mayil, a resident of Turks & Caicos for over a decade, the team combines decades of international real estate and construction experience, ensuring the highest standards of quality and craftsmanship.
Construction of Saphora is already underway, with completion targeted for the fourth quarter of 2026.
The development comprises 44 exquisitely finished residences, including:
20 one-bedroom units
14 two-bedroom units
8 three-bedroom units
2 expansive four-bedroom penthouses
The ground floor commercial section features seven purpose-built retail units, offered on a lease-only basis. Anchoring this vibrant space will be a chic breakfast bistro and an elegant restaurant poised to become a culinary landmark for both residents and visitors.
Saphora offers an array of curated amenities to support a luxurious and relaxed lifestyle:
On-site property management services
Reception lobby with professional staff
Swimming pool
Fully equipped fitness centre
Boutique retail outlets
On-site dining including a bistro and upscale restaurant
For those participating in the rental program, owners retain 75% of gross rental income, with 25% allocated to the management company.
The development adheres to occupancy limits defined within its strata bylaws, prioritizing quality of life, safety, and building integrity for all residents.
Unit Type Maximum Occupancy
One Bedroom 2 occupants
Two-Bedroom 4 occupants
Three-Bedroom 6 occupants
Four-Bedroom Penthouse 8 occupants
These limits are in place to ensure comfort, safety, and the overall quality of living within
the development.
Homeowners can expect annual strata fees of approximately $9.40 USD per square foot, which includes hurricane insurance. Contents insurance is not included and would need to be arranged separately. Please note that all figures are preliminary
estimates and subject to revision.
Two world-class FBOs—Provo Air Center and Blue Heron—cater to private aviation
Based on English Common Law
Reliable banking supported by Canadian financial institutions (RBC, Scotiabank, CIBC
FCIB)
TCI is English-speaking
Official currency: US Dollar
Year-round sunshine, warm waters, and some of the clearest seas in the Caribbean
Award-winning beaches frequently recognized by global travel authorities
TCI is consistently ranked among the world’s top destinations by TripAdvisor and other
prestigious bodies
Disclaimer:
The information provided in this FAQ is for general informational purposes only and is subject to change without notice. While every effort has been made to ensure accuracy, no representations, or warranties, express or implied, are made regarding the completeness, reliability, or suitability of the information. Buyers and investors are encouraged to conduct their own due diligence and consult with legal, financial, and real estate professionals before making any decisions. The developer, management company, real estate agent, and associated parties assume no liability for any errors, omissions, or discrepancies in this document.
