Coldwell Banker Islands Blog

LONDON, England — A surge in interest has been reported for Self-Invested Personal Pension (SIPP) approved property in the Caribbean from disgruntled Brits unhappy with their pensions.

It’s not hard to see why the Caribbean is becoming a real draw not just for investors looking further afield for growth potential beyond European borders but also a relatively safe haven for their cash.

There are some fantastic deals available on Caribbean property, which allow even those on average incomes to invest in property in prime locations on the Caribbean islands. It is even possible to use a SIPP to fund the entire purchase and benefit from guaranteed rental.

Developers of 5-star resorts on Islands such as St Vincent are reporting occupancy levels of between 80 and 90% in 2011, with 40% occupancy already secured for 2012. This compares to this time last year where no advance bookings had been made.

This spectacular improvement is largely down to endorsements from sporting celebrities and the opening up of resort holiday agencies in the US. Buccament Bay on St Vincent has also just been awarded PADI 5-Star status by the Professional Association of Diving Instructors adding to its appeal for holiday makers.

The Caribbean has also been one of the world’s major recipients of foreign direct investment, alongside this the recently announced $45m airport terminal in Antigua will bring jobs growth and tourists in even greater numbers. To cater for the expected increase in tourism, the Caribbean is undergoing a period of major modernisation of infrastructure to cope with the developing needs of an economy that has boomed despite the slowdown being experienced in the US and Europe.

Jon Ainge Director of International Property Success commented, “I believe Caribbean property offers investors an unprecedented opportunity to benefit not only from great mortgage deals, but also another place to invest hard earned cash sitting in a pension and earning very little. In the current climate the Caribbean offers far more than sun, sea and sand to those seeking to get away from it all — and that includes the gloom in Europe at the moment.”

Caribbean News Now - Article from January 3/12….

For information on investing in the Turks & Caicos real estate market contact Graham Canham at grahamcanham@coldwellbankertci.com

Terrific opportunity to own a 4 bedroom home in the small residential development of Flamingo Crossing.

Recently reduced to $350,000 USD, this four bedroom home with 3 baths is back on the market at a great entry level price point in Turks & Caicos. One of the best deals in Providenciales.

Current owners made significant upgrades from the original plans during construction. Good long term rental history at this home.

Visit the listing here for more information or contact Graham Canham at grahamcanham@coldwellbankertci.com or cell number (649) 231-4790.

www.coldwellbankertci.com

Living in the Turks & Caicos Islands provides you with the luxury of living inside, as well as out. An added bonus when selling your Turks and Caicos home would be to have something that other properties do not offer.

Why not create an outdoor living space? With over 1100 properties currently available for sale in TCI buyer’s look for the extra’s that make a home stand out from the rest.

The outdoors are the most versatile part of your property and for a relatively small investment can add a certain touch that may attract more calls on your listing, bring an offer sooner or even sell your home.

Outdoor living spaces come in all shapes and sizes. The bells and whistles to accessorize and decorate are endless and the style of this space adds a personal touch and feel to the property.

First, consider the area and size of your outdoor living space and then decide on a budget, you are now on your way to designing your own garden get-a-way.

Flagstone paths are an easy way to cover spotty areas where grass is worn or patchy. Loose gravel and flat stones make great pathways that lead you from your home to a comfortable outdoor seating area. Staged wooden planters or large container pots with planted shrubs and trees fill large open spaces, provide privacy and act as a sound buffer.

Wooden benches, concrete seating, or tables and chairs provide the basics and a starting place when first arranging the area to establishing size and style. Some additions to the basics would be an outdoor fire-pit, BBQ area, outdoor garden shower, hammock or outdoor bar.

Flooring could be a wooden deck, concrete slab, large paving stones, gravel or even grass. Sides and roofing may also be added – trellis framing for the sides or roof, tiki-hut style grass roof, canopy or tents, and umbrellas may be something to consider as they provide shade during the daytime.

Weather resistant fabric or mosquito netting can be draped over the roof areas, down one or more sides, to the ground to enclose the area adding texture and color and to soften the hardscape. Waterproof and weather-resistant fabrics are usually necessary for seating cushions, sofas, chairs, chaise lounges, throw pillows, rugs and draperies.

Hanging baskets of flowers, birdhouses, lanterns on free-standing hooks or hung from tree limbs, and inexpensive solar garden lights add a personal touch to the space.

Hang a mirror from a palm tree to add a bit of glamour, decorate the tables with candles, shells from Grace Bay Beach and other items found on the island or from your home.

Make it as simple or as elegant as you wish.

Coldwell Banker Real Estate Turks & Caicos - We love outdoor living spaces in the TCI – your home away from home.

Villa Del Mar is a small hotel-condo development located just behind Ocean Club West and Grace Bay Club in the heart of Grace Bay Beach area. This boutique resort features just 42 suites and is perfect for investors looking for a property that has lower maintenance costs than beach front condos.

Our new listing is a one bedroom plus den corner suite located on the second floor. A pull-out sofa in the living area provides sleeping accommodation for 6. The den area in several of the other hotel suites have been converted to a second bedroom - contact listing agent for details.

Close to restaurants, shops, Gourmet IGA supermarket, wine stores and galleries, this central location has much to offer.

The hotel provides a “beach service” to owners and guests.

For more information on Villa Del Mar please click here.

www.coldwellbankertci.com

MLS 1100388

The Spelling Manor has sold setting a new record in the Luxury Real Estate Market. President and CEO of Coldwell Banker, Jim Gillespie, issued this letter to Sally Forster Jones at the Coldwell Banker office in Beverly Hills.

Congratulations are in order to Coldwell Banker Previews International sales professional Sally Forster Jones from the Coldwell Banker Residential Brokerage in Beverly Hills, who co-brokered the sales transaction for the Spelling Manor – which is now the highest known residential real estate brokerage sale in the entire history of Los Angeles!

The Manor was built by entertainment royalty Candy and Aaron Spelling and is widely recognized as one of the most famous mansions in U.S. history.

Sally has achieved more than $1 billion in real estate sales over the past decade and has averaged over $120 million per year in sales during that time.

Once again, congratulations to Sally and the entire Coldwell Banker Residential Brokerage team in Beverly Hills on this remarkable achievement!

For more information on the new buyer of Spelling Manor click here.

Coldwell Banker Real Estate Turks & Caicos

Coldwell Banker Real Estate Turks & Caicos has just added Villa Oceana to our portfolio of vacation rental properties in TCI.

This beach front home features 4 bedrooms & 3 baths (may also be rented as a 3 bedroom) and is located in Sapodilla Bay, Turks & Caicos. The beach is a great place for walking, suntanning, picnic’s or BBQ’s, swimming and building sandcastles. The water is waist-deep for about 100 yards and clear with soft sand below. Kids love this beach!

This vacation rental property features a fresh water swimming pool, beach front Tiki Hut, hammock and kayaks.

Special rates available for bookings between Sept 17 and Oct 2/11 at $3200/week (plus tax and metered air conditioning) - contact us for details on Villa Oceana in Turks & Caicos.

www.coldwellbankertci.com

Residential land for sale in the quiet development of Sundance Homes in Leeward. Down the street you will find the private Ashcroft Primary School, the new Leeward Marina and Resort (formerly Nikki Beach Resort) and Leeward and Pelican beach.

Leeward is one of the upscale developments in Turks and Caicos, located at the eastern tip of Provo, this residential community features some of the most expensive beach front properties you’ll find in TCI.

Canal homes line the inland waterway that winds along the north-eastern side of the development. Most owners in this development are boat enthusiasts and enjoy the quick canal access to the north and southern sides of Provo.

Residential building lots in this development begin at approximately $80,000 – at the higher end you’ll find the beach front lots at several million dollars per acre.

For information on this parcel, located on a quiet cul-de-sac, contact Graham Canham. For listing details and pricing please click here.

The Regent Grand hotel features 300 feet of beach-front on Grace Bay Beach, Turks and Caicos Islands. Beach front suites offer private terrances and unobstructed views; pool and garden suites overlook lush tropical landscaping and the signature Regent Grand infinity-edge pool.

Available as a one or two bedroom beach-front suite, this vacation rental property features an open plan living/dining/kitchen area and a large patio overlooking Grace Bay.

Rental rates begin at $670/night for a one bedroom rental (second bedroom is locked-off). For details on this rental property please click here.

Thanks to the efforts of M. Yves Micheli, permanent resident of Providenciales, the Turks & Caicos National Museum is pleased to announce the receipt of a $40,000 grant from Fondation AGENA, Lichtenstein, for the Capital Campaign in support of the building of a new museum campus in the Village at Grace Bay, Providenciales.

The Museum is acquiring 2.6 acres of property in the Village for the new museum facility as well as for an outdoor exhibit area. A ground-breaking is scheduled for November 23, 2011, which will mark the Museum’s 20th anniversary.

Mr. Kenrick Walters of Bordier International Bank and Trust represented M. Micheli for the formal presentation of the check. On hand to receive the donation were Mr. Stan Hartling, Trustee of the Museum and Mr. Jeff Lee, JAL Consultants, architect for the new building and member of the Museum’s Development Committee.

Fondation AGENA was presented an artist rendition by Messer’s Hartling and Lee. Kenrick Walters of Bordier Bank (TCI) Ltd. accepted the artist sketch on behalf of the foundation.

Article courtesy of Coldwell Banker Real Estate Turks & Caicos

Seven local bands are set to take the stage on Saturday, June 25th in Turtle Cove Marina where Islandcom Wireless is celebrating their One Year Anniversary with a Battle of the Bands! Islandcom is bringing their first year to a close in true Islandcom fashion – focusing on the TCI community by spotlighting local musical talent and raising funds for two deserving causes – The Provo Children’s Home and Ona Glinton Primary School.

Admission to the event is free! Turtle Cove will be open to fans from 4pm with the first band taking the stage at 5:00pm. Don’t be late! You don’t want to miss the chance to cheer for your favourite bands.

The Battle of the Bands will offer more than just entertainment for your ears. Treat your taste buds to a great mix of food including Mexican treats from newly re-opened Hey Jose, grilled delights from Caicos Catering, and your favourite local dishes from Hole in the Wall and Karen Higgs. Bars will also be set up serving an assortment of soft drinks, beer, wine and liquor.

Music will continue throughout the evening with DJ Liquafox and DJ Phantom keeping you entertained between sets. Glow glasses, necklaces and bracelets will be available as well as official Islandcom Battle of the Bands T-Shirts.

Islandcom will also be giving out prizes and giveaways throughout the night!

To see a list of the bands and see the prizes and details please read the full article - click here!!

Coldwell Banker Real Estate Turks and Caicos