Turks & Caicos Islands Real Estate Services - Regency International Estates


by RIE

Christie’s International Real Estate On The Cutting Edge.

Using Your Smartphone Whilst In The Turks and Caicos Islands To Locate The Islands Premier Luxury Properties.

In this day and age we are permanently connected to all aspects of our lives through various highly advanced devices, most of all, smartphones.

Christie’s International Real Estate continually strive to remain ahead of the curve and on the very cutting edge of technology, providing our clients the very best of what our high speed world has to offer. 

Along with Christie’s International Real Estates top performing website and its Real Estate magazine app provided to Buyers, sellers, and luxury real estate aficionados a way to explore the world of extraordinary homes on their iPads, they have also developed a quick, easy, and ingenious way to find luxury properties close to their location, regardless of where they are. 

As you can see, by simply logging on to christiesrealestate.com on your iPhone, and through the ‘FIND A PROPERTY’ tab it will automatically log your location and find properties within a close proximity. A locator screen is used through the familiar Google maps, with markers identifying where luxury properties are located.  The map itself includes a proximity ring allowing the user to increase or decrease your search area.

We at Regency-Christie's International Real Estate understand the value of our clients time, and through this amazing technology we make it quick and easy for our clients to find the property of their dreams. 

 


by RIE

The Turks and Caicos Islands Prestigious Luxury Real Estate Brokerage Descends on The Worlds Most Influential Art Collectors Through its Sponsorship of Art Basel, Miami Beach.

The Caribbean's hidden jewel of the Turks and Caicos islands and premier luxury real estate brokerage, Regency-Christies International Real Estate Joins Christie's International Real Estate Affiliates from Across the Globe to Showcase a Gallery of Exquisite Properties during Art Miami.

By participating as the "Official Luxury Real Estate Partner" for one of the most important contemporary and modern art fairs in the United States, affiliates strengthened ties and furthered the network's reach.

Turks and Caicos Islands (December 6, 2013) - The natural overlay of fine art and luxury real estate was on prominent display earlier this month at the Art Miami international contemporary and modern art fair, which took place during what is annually known as Art Week in South Florida - a seven-day+ stretch in December when thousands of collectors and curators worldwide descend on the city to visit a multitude of fairs.

Christie's International Real Estate returned for its second year as the "Official Luxury Real Estate Partner" of Art Miami and was joined by Regency-Christie's International Real Estate as well as 12 other CIRE affiliates from around the world. The marquee sponsorship, which extended to Art Miami's cutting-edge sister fair, CONTEXT, served to strengthen global ties between fine art and high-end real estate while catering to high- net-worth individuals and clientele.

"Miami, like many other international cities, has become a conduit for luxury real estate," said Robert Greenwood. "We were in Miami because our clients were in the city, so it made perfect sense to help them further connect real estate with fine art."

Art Miami and CONTEXT are largely regarded as two of the most important annual contemporary art events in the United States. Both concluded their latest editions with record-breaking attendance and impressive sales that exceeded 2012 reported sales figures. In total, more than 72,500 collectors, museum professionals, art world luminaries and enthusiasts attended the events as well as more than 400 international members of the press.

The Christie's International Real Estate interactive booth was prominently located at the entrance of Art Miami, which provided an ideal venue for exhibiting more than 14,000 exquisite properties presented by the network's global affiliate, including Regency-Christie's International Real Estate.

"I was extremely pleased to have Regency-Christie's International Real Estate join us for this prestigious event," added Rick Moeser, Senior Vice President, Regional Manager, Southeast Region, Caribbean and Latin America."With our real estate network being the only one of its kind owned by a fine art auction house, coupled with the reputation for excellence of companies such as Regency-Christie's International Real Estate, we have a firm grasp of the results-driven excellence and quality service that are necessary in cultivating and sustaining connections between individuals of this caliber."

 Christie's International Real Estate is the only network wholly owned by a fine art auction house and committed to Christie's core values of expertise in marketing luxury assets, exemplary client service, and discretion. The network's 136 global affiliates representing 46 countries were carefully selected to join after demonstrating these same corporate values and leadership in high-value residential sales in their local markets.

During Art Miami, Regency-Christies International Real Estate showcased a selection of their more 'Exclusive Real Estate'. Such properties included the very exclusive Amanyara and Private Islands of Parrot Cay and Pine Cay, known across the world for their beauty and tranquility, creating a true Sanctuary to those who seek unparalleled privacy. Other amazing properties as the Shore Club on Long Bay Beach, a spectacular new beachfront development on the Island of Providenciales, and the Regent Palms, a luxurious Grace Bay Beachfront Condominium Resort property offering a luxury, hassle free lifestyle. View Presentaion


by RIE

FOR IMMEDIATE RELEASE

December 15th, 2013

The newly amalgamated, Belonger-owned firms will constitute the only Turks and Caicos Islands affiliate of Christie's International Real Estate and will continue operations under the Regency, Christie's International Real Estate name.  The decision to merge operations is a logical move for the companies who share mutual goals and a strong history of cooperation in past real estate ventures.

Walter Gardiner Jr., owner of Horton Realty and a top producer for nearly 2 decades, looks forward to strengthening the brand's presence in the local market while expanding the International marketing audience for Horton's existing clientele.  The company's stellar reputation was built on hard work, integrity and professionalism, while providing exemplary customer service. Since its inception in 1999, Horton has been an industry leader specializing in luxury real-estate sales, resort property sales and development consulting throughout TCI.  Gardiner Jr., brings expert knowledge of real estate development gained from an integral role in the sales and marketing of many of the country's condominium and residential developments.   

Katherine Baryluk, co-owner of Regency, said "We are delighted to join forces with Horton Realty. This merger makes sense for two companies who have worked together so cohesively in the past.  By merging our inventories, personnel and talents we can now offer clients more customizable marketing initiatives, as our firms' areas of expertise are diverse and complimentary.  As Belongers, we understand the local market, and are passionate about sharing all that the Islands have to offer to both the local and international communities."

Regency operates as the exclusive affiliate, by invitation only, to Christie's International Real Estate, the World's largest network of brokers specializing in high-value real estate.  As a top producer in the market of luxury properties, Regency offers clients 30 years of expertise, unparalleled market knowledge, innovative marketing systems and access to broad international outreach.  Regency operates from offices in Providenciales, the Regent Village, The Regent Palms and the Shore Club. 

The merger of the two companies brings positive news for the local economy.  Necessary job creation in the newly merged entity, as well as broader International outreach to attract foreign investors to TCI, bringing opportunities for growth in the local real estate business community.  Gardiner said "We are looking forward to announcing new and exciting international ventures that will promote the Turks and Caicos as a great place to vacation, live and invest." 

 About Regency Christie's International Real Estate

Regency Christie's International Real Estate invites discerning clientele to experience the finest in luxury real estate services in the Turks & Caicos Islands.  As the exclusive TCI Affiliate of Christie's International Real Estate, Regency offers clients unparalleled market knowledge, innovative marketing systems and broad International outreach.  For additional information about Regency Christie's International Real Estate, please visit www.THEturksandcaicos.com

About Christie's International Real Estate

Christie's International Real Estate is an invitation-only Affiliate network composed of the world's most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Beverly Hills, Chicago, and Palm Beach, and more than 130 global Affiliates with 25,000 real estate professionals in 46 countries. For additional information about Christie's International Real Estate, please visit www.christiesrealestate.com


by RIE

Beautiful Oceanview Properties
In The Turks and Caicos Islands
Over 100 feet of elevation.....

This magnificent property Located on Cherokee Road comprises of 4 very competitively priced residential lots providing magnificent North and South Shore Views of the island,ranging from 0.60 Acres to 0.70 Acres.The property is centrally located and just a short distance from the islands (Provo) many services. Being in a area surrounded by some of the islands most luxurious residential homes, makes this property a great investment. The Turtle Cove Marina, the islands main marina is just minutes away and gives you easy access to all of you favorite water sports activities as well as many of the islands most popular restaurants and bars such as the Tiki Hut, Shark Bite,Baci, and the Magnolia. (Click for Virtual Tour)

4 PROPERTIES CURRENTLY AVAILABLE

Lot 2: 0.70 Acres Listed at 245,000

Lot 3::1.07 Acres Listed at 245,000

Lot 4::0.61 Acres Listed at 215,000

Lot 5::0.67 Acres Listed at 225,000

 

Lot 1:RESERVED.

Lot 6:RESERVED.


by RIE

The Big Catch - John Ward - Waterfront & Marine Specialist Real Estate Broker

Regency/Christie’s International Real Estate in the Turks and Caicos Islands is thrilled to announce its’ latest Sales Executive, John H Ward. A Turk & Caicos resident since 1966 and yacht Captain throughout the Caribbean and North America. John specializes in waterfront, canal front marina, resort and luxury properties in the Turks and Caicos Islands.

Immersed in the real estate, construction, marina and yachting industries in the Caribbean his entire life, John’s expertise and VIP network create a turn-key environment for any Buyer, Seller or Developer. Beginning with the construction of the Two Turtles Inn, the Third Turtle Inn and Turtle Cove Marina, John’s family has been the name to trust in the TCI for real estate for over 50 years. John is the expert to contact to market and sell luxury residential, marine and resort property.

Christie’s International Real Estates global network and world class marketing initiatives provide the perfect platform to showcase Johns expertise. The Turks and Caicos Islands are an exclusive environment that require strategic planning to find the right market and tools to introduce a buyer to our luxury properties. 

John is a licensed as a United State Coast Guard Meg-Yacht Captain & Real Estate Sales Executive. He has many long term global relationships in the luxury, marine, yachting and real estate industries and offers experienced and educated marketing solutions to brand properties to the affluent markets.  His professional perspective of the waterways of the islands affords the discriminating real estate investor who consider yachting, big game fishing and diving among their priorities.

 

 


August 16, 2013

Villa Tortue D'iles

by RIE

THE BESPOKE ISLAND LIFESTYLE EXPERIENCE

Located on the North Shore of Providenciales in the Turks and Caicos Islands, Villa Tortue D'iles has been designed with the ocean in mind.

A stunning beach-front location on what is one of the islands most beautiful beaches, "Babalua Beach", you are treated to over 100 ft of pristine beach frontage. Uniquely positioned between the Iron Shore to the West and Turtle Cove Marina to the East, this stretch of beach remains exclusively serene.

Steps from the back door lay our beautiful turquoise waters, offering the most unspoiled coral reefs imaginable - A treat for those looking for that tropical island experience.
The 4 bedroom, 4,000 Square feet Villa Tortue D'iles estate home has been designed by the renowned architect Ron Shaw of R A Shaw Designs. Offering contemporary Caribbean styling and a sleek modernism that is fastbecoming the new cache for Caribbean living. A must have for those who not only desire value, style, and quality construction, but also one that maximizes efficiency, comfort, and ease of residence.

The Turks and Caicos Islands offer one of the worlds premier luxury lifestyles with the safety of real estate investment guaranteed by the British Crown. Value is further compounded by the islands Zero Tax classification, allowing our investors to explore unique wealth management opportunities. Click here for the full property brochure.

MLS#:1300542-Beachfront-Bedrooms:4-Full Baths:4-Half Bath:1-Int Sq.ft:2750-Ext Sq.ft:1250-Total Sq.ft:4000

by RIE

Second Quarter 2013 Market Report:

The second quarter has shown a strong increase in sales based on a direct comparison quarter to quarter over 2012. Our sales statistics have shown a 34% increase in sales volume of sales (number of sales) and a 30% increase in dollar volume. (VIEW REPORT)

You will see from the report that we have experienced a significant increase in undeveloped land sales. Gains that are largely attributed to several substantial transactions, such as 2 major development sites on Grace Bay beach, and a high value residential homesite on Parrot Cay. 

Condominium and the Single Asset Properties such as homes and Villas did however drop during Q1, something we can only attribute to the Presidential Elections in the United States (our largest buyer demographic) and the local elections in the Turks and Caicos Islands. Most buyers will wait on the outcome of such events prior to making any investment decisions.

Moving into Q2, we see that the condo market has gained significant momentum, with the Single Asset market such as residential homes and villas making a slight 2.5% increase based on dollar volume.

Looking at the cumulative report as we move into the off season, we see that we are slightly behind in the condo and villa sector, with undeveloped land sales far ahead thanks to the large sales already referenced. This has allowed the ‘Total MLS Market‘ to inch ahead over 2012.  

Projecting into Q3, the MLS shows a large inventory of properties that are yet to close, this combined with the surge of properties that closed in order to beat the Stamp Duty increase we should see a strong spike.

The Turks and Caicos Islands are certainly making headway as it relates to the real Estate Sector. Several developments are being planned for the islands and projects such as the airport expansion are already underway.


by RIE

PROVIDENCIALES, Turks& Caicos Islands; Monday, 1ST April, 2013 –

We are elated to announce that the Terminal Expansion Project at Providenciales International Airport has begun this week. The construction process overseen by Dolmen, is a massive undertaking to transform the existing Providenciales International Airport into a functional work of art, all while maintaining its daily operations.

The newly renovated terminal will boast contemporary water features, additional bathroom facilities, expanded check in counter areas, additional retail space for shops and restaurants, more self check in kiosks, an extended Departure Lounge to better facilitate travelling passengers and a fully functional flight display system which will keep passengers abreast with arriving and departing flights. The roadways will also be expanded to better facilitate motorists as well as offer additional parking spaces that will be available in our upper parking lot overseeing the newly renovated Terminal.
The terminal expansion project will include three phases of works:

The first phase will consist of the construction of a new traffic circulation system, an extension to the existing west car park and an extension of the very critical Departure Lounge

The second phase will continue with the extension on the International Check In Area, Security Check Point as well as the Arrivals Hall.


The third and final phase will include the Domestic Area, completion of car park and aesthetics.


by RIE

WAS THERE PIRATES ON PARROT CAY. ONCE KNOWN AS PIRATE CAY ?

 

As a young boy I was always fascinated with Pirates, as I am sure many youngsters still are. But for me, I just never seemed to grow out of it, leaving me thirsty for more. As fait would have it, and in my much younger days, I became a salvage diver.Ultimately finding myself on an extraordinary Treasure Hunting expedition that would transport me through the Caribbean looking for Pirate Treasure. And much more interestingly, 

searching the amazing islands of the Turks and Caicos. Still fascinated with the many Pirates that frequented our beautiful shores, I continued to research the TCI and its own unique and extraordinary Pirate History. One of the most exciting of legends is that of my most favourite, and incredibly special islands of Pirate Cay, now known as Parrot Cay. Stories tell of a cluster of small cays comprising Water, Pine, Fort St. George, Dellis, Grouper and Pirate Cay [Parrot Cay]. These cays were the reputed sanctuaries of Anne Bonny and Mary Read, the famous lady pirates, and Parrot Cay is thought to be corruption of Pirate Cay. The thing is, theres not much recorded as it relates to Pirates in this area...until now!!! Over the years I continued to research, and in doing so collected some very interesting documents, maps, charts, and old books. Foremost is what I am sharing today, an 'original' record and charting from 1768 and ordered by the French Department of the Navy & the Kings Frigate L'Emeraud. The justification for claiming Parrot Cay [Pirate Cay] as a Pirate haunt can be found on Pages 64 and 65, falling under the heading "Water Cove & Pine Island" accompanied by Map [Plate XIX]. It notes that this Bay which is frequented by the English, & which makes a very good retreat for Corsairs [ie PIRATES], whence they would be will in range of worrying the ships that disembogue [from Haiti]. Water Cove is easy to recognize, because at one league from one league from the Three Maries, to the Southwest of these three rocks , you discover that the cost forms a large bend, who's tip ends at the West point which from there is almost out of view...[ a detailed description of what Nicholas Bellin calls Pine Island follows, and on Page 68 where he remarks that the potable water on the island could serve to provision 50 ships!] Water and Salt being worth as much as gold in those days. I will post a further and very interesting piece that relates to the North West point of Providenciales, and the cove by Amanyara once known as Canoe Cove....Very Interesting!!! Thanks to Mr. Marvel with the translation. The man who knows the most about our Pirates.

 


 


by RIE

Report: Wealthy continue to pay top dollar for trophy properties

By Inman News, Monday, March 11, 2013.
Inman News®

The international luxury real estate market remains relatively immune to the economic and political trends that drive the general housing market and is off to strong start in 2013, according to a report from high-end real estate affiliate network Christie's International Real Estate.

The report compared 10 top property markets around the world: London, New York, Hong Kong, Paris, San Francisco, France's Cote d’Azur, Toronto, Dallas, Los Angeles, Miami, and the Turks and Caicos Islands. The company, a subsidiary of Christie's auction house, also rolled out a new index, the Christie's International Real Estate Index, which ranks markets across metrics such as record sales price, prices per square foot, percentage of non-local and international purchasers, and the number of luxury listings relative to population.

The 10 markets were also chosen for the network's strong market share locally. Christie's International Real Estate has 125 affiliated brokerages in 41 countries.

London, which topped the index, achieved a record sales price of more than $121 million for a residential property in 2012, followed by an $88 million sale in New York. In all of the cities studied except Dallas and Toronto, the highest sales price for the year exceeded $35 million, the report said.

Economist Robert Shiller has predicted U.S. home prices will rise only one or two percent a year in inflation-adjusted terms for the next half decade due to "lingering uncertainties" in world economies, the report said. By contrast, a study by the The Boston Consulting Group expects global sales of personal luxury goods, such as fine art, to grow about 7 percent annually through 2014, assuming there are no new major economic crises, the report added.

"Except where there is government intervention luxury residential real estate values will likely follow luxury goods and not the general housing market,

 and are therefore poised to increase in many of the cities studied in 2013,"  the report said. "This is particularly true as (high-net-worth individuals) turn their luxury investments toward nonconsumables and experiential luxury products that have lasting value." 

 Bonnie Stone Sellers, CEO of Christie's International Real Estate, said in a statement that "strong momentum" in the luxury property market "is also being driven by scarcity of quality inventory and demand from international buyers in many of the world's top destinations."
There are more billionaires worldwide now than before the 2008 financial crisis and 55 percent more millionaires than in 2000, the report said.
"This is a large part of the reason the cities surveyed have done so well: the international crossborder purchaser has continued to buy the trophy properties at top dollar," the report said.

This is particularly true for buyers from countries where local economic uncertainty encourages the rich to park their cash in international cities least affected by the global downturn. In seven of the 10 cities studied, more than 30 percent of the luxury homebuyers were from other countries.

High-net-worth individuals "find the world to be a small place, and geographical distances between cities are not relevant to purchasing patterns, which are more similar to each other in the 10 cities surveyed than other cities within the same country," the report said. "Globalization, economic development, wealth deposits, and technology attract HNWIs to the key global urban centers, where knowledge, capital, and culture intersect."

In the most of the cities studied, the share of all-cash deals rose with the sales price. Nearly 100 percent of Los Angeles transactions above $5 million were in cash, followed by 90 percent in New York and 70 percent each in San Francisco and Miami.

Recent tax law changes in many of these markets will likely have a negative effect on 2013 high-end market activity, the report said. For instance, in Toronto, new restrictions on mortgage financing intended to cool the housing market, are expected to lengthen days on market for luxury properties, which have hovered at 46 days for the past two years.

"Government actions relating to taxation and lending standards can significantly influence buyers worldwide, including luxury home buyers. In nearly all of the cities examined, recent changes to capital gains taxes, wealth taxes, transfer taxes, mortgage restrictions, and secondary residence taxes have created notable catalysts in the market," the report said.

 

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