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Where When How March/April 2017 : Page 160

R E A L E S TAT E & D E V E L O P M E N T GRACE BAY BEACH THE REAL ESTATE REPORT: Strong Fundamentals Lead TCI Growth Well, the word is out – really out! From mentions on late night TV talk shows, to articles in high profile magazines, and postings on celebrity Instagram accounts, Turks and Caicos is generating a strong buzz as the destination for cool, hassle-free, luxury vacations. This recognition has translated to strong growth in tourism and real estate. This buzz and growth, however, would not be possible without strong fun-damentals, which this report will recap. Quality Beaches, Beautiful Water and Climate Our success of course begins with the quality of our beach-es, beautiful water, and climate. Grace Bay is acknowledged, with multiple awards, as the finest stretch of beach in the world. But this belies the depth and scope of our beaches, whether it be Long Bay, Sapodilla Bay, Taylor Bay, Babalua Beach, Thompson’s Cove Beach, Parrot Cay or the many other habited and inhabited beaches in our archipelago. In fact, TCI comprises 230 miles of some of the world’s finest beachfront. Our multi–hued, magical waters are the subject of thousands of inspiring photos, artwork, jewellery and clothing, whether it be the deep blue beyond the reef to the lighter turquoise of the Caicos bank. There is a shade and texture for everyone. And finally, our warm, sunny, low humidity and low rainfall climate is ideal for year-round vacationing. Quality of Tourism and Real Estate Product Led at the top end by two iconic super luxury resorts, COMO Parrot Cay and Amanyara , five-star condominium resorts such as Grace Bay Club , The Palms , Seven Stars and Gansevoort , the just opened and magnificent Shore Club on Long Bay, a bevy of other four and five-star condo resorts, and of course industry leader Beaches , the TCI tourism prod-uct, especially on Providenciales, is world-class. The proper-PHOTOS PROVIDED BY TURKS & CAICOS SOTHEBY’S INTERNATIONAL REALTY 160 • • • • • MARCH/APRIL 2017 “Where When How -Turks & Caicos Islands”

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