Tuesday 17 May 2016

Commercial Opportunities Beyond Provo


May 2016 : Turks & Caicos Islands
Forbes Realty TCI Real Estate Overview.
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Commercial Opportunities Beyond Provo

Go Beyond Provo!
Forbes, Forbes & Forbes Ltd is very proud to be an independent real estate broker dedicated to promoting properties outside the main resort island of Providenciales. Since 2005, this firm has championed investment in North & Middle Caicos and Pine Cay, bringing Salt Cay into focus last year too! The world of Turks & Caicos Islands is place of amazing diversity, each island unique in its own geography, culture and lifestyle. For those wishing to live here and operate a business, the possibilities are tremendous! These days, it's not just retirees looking for a new home, for a new approach to life in a simpler, more wholesome environment - but active young families seeking safe locations for their children, successful entrepreneurs looking for a less hectic pace of life and adventurers ready for a fresh start.
Turks & Caicos, Properties for Sale, Forbes TCI
Commercial opportunities on North Caicos, Middle Caicos and Salt Cay
It is a great time to review the commercial opportunities available on North Caicos, Middle Caicos and Salt Cay! These islands offer a wealth of ecotourism and water sports business potential, as well as huge scope for building houses for sale, and a definite need for small service businesses from cleaning companies to electricians to marketing agencies! In several locations a small marina and boatyard would be especially welcome! Many of these suggested businesses can move forward in collaboration with ongoing developments or as a completely self-employed/owner-operated effort. Taking on a business here is a lifestyle decision, for owners who wish to enjoy the excellent quality of life and a solid financial outlook. Long term, as these islands slowly and sustainably develop, any business established now will be in an excellent resale position in 5 years.
North Caicos
With 2,500 residents, 22 rental villas and 7 restaurants, North Caicos offers exciting commercial potential for more advanced amenities and services. For example, water sports available are very limited now, so fishing, kite boarding, kayaking, paddle boarding all have great potential, as do small businesses offering guided excursions, classes, training or rental of equipment. Water access for boats is very limited and a small marina with good ramp, safe storage and fuel/boatyard services would be quickly successful. Most accommodations available on North Caicos are longer-term villas - a B&B focused for overnight and short stay would greatly expand the visitor base. Most clients looking for property would like a home already built – and many developers would collaborate happily with a strong housing contractor to get houses built on their developments and get their lots sold!!
North Caicos, Properties for Sale, Forbes TCI
Kings Landing : a gently sloping 50 acre site on Bottle Creek:
• Inn/Marina opportunity on a 7 acre parcel with 300 ft waterfront on the sheltered channel.
• Developer open to collaboration with housing contractor to build 8-10 homes.
• Buy out of all remaining lots from developer possible, 38 acres at $990,000.

Bottle Creek Lodge : well landscaped property, excellent waterfront
• Premier location for water sports day base.
• Offers modest sleeping cabins and main lodge.

Pelican Beach Townhomes : 6 unit townhomes on gorgeous beach
• Four units available from developer, super rental accommodation potential.
Three Mary Cays : famous location on north shore, large subdivision in place
• Developer open to collaboration with housing contractor to build 8-10 homes.
• Spectacular 7 acre lot, 500 ft beachfront for 4-5 estate lot homes with shared clubhouse.
Middle Caicos
The completion of the causeway and road ways on both sides has been a revelation here - a smooth and beautiful drive now awaits from the ferry at Sandy Point at the western point of North Caicos all the way to Lorimers village at the east end of Middle Caicos! And the ongoing construction boom will only continue as more people are ready to enjoy the peace and tranquility of life on Middle Caicos. The commercial opportunities here reflect those available on North Caicos, yet cater to those seeking truly a remote and peaceful home base. The ecotourism potential is immense, with cultural heritage still alive to experience here. And, of course, hiking, biking, birdwatching, spelunking, kayaking and kiteboarding adventures are at the ready to promote.  And not only longer stay visitors (70 on island beds) provide business opportunities but day visitors from Provo and from North Caicos are a growing segment of the market here. Service businesses are needed, too, and of course the construction of homes for sale would be very welcome!
Middle Caicos, Properties for Sale, Forbes TCI
Eastwind : 60 acres, gorgeous remote location, fabulous beachfront
• Individual 1 or 2 acre beachfront lots, open to collaboration for speculative housing construction.
• Eight acre parcel for commercial opportunity – B&B, kite boarding hostel, ecotourism base.
• Service businesses – storage, security, property management, maintenance, landscape/gardens.

Blue Horizon Resort/ Mudjin B&G : famous location with fabulous scenic cove
• Entire resort compound for sale, 5 cottages, restaurant, main house approx. 12 acres.
• Established subdivision residential lots for villas - excellent rental potential, existing market!

Conch Bar Oceanfront : at the village edge, crashing waves, glorious sunrises
• Shorefront development, townhomes with shared pool, cottages, B&B or ecotourism activity base.
Salt Cay
The tiny island of Salt Cay offers a wide range of commercial opportunities through existing businesses and rental villas for sale. The historic significance of the island and the sense of timelessness in the air provide a picturesque background for simple relaxation, and for world-renowned scuba diving, snorkeling, and whale watching in season. While the population, too, is tiny (only 80 residents) their warm welcome is a pleasure not to be missed. Tourism links with Grand Turk are growing and the time is ripe for investing in these available pioneering businesses or for forging your own Caribbean dream on Salt Cay!
Salt Cay, Properties for Sale, Forbes TCI
Salt Cay Divers
• Well established scuba diving business, excellent reputation, all equipment/boats included.
Coral Reef Café
• Friendly bar & eatery at the harbour shore, fabulous sunsets! All equipment included.
Tradewinds Resort
• Five one bedroom/one bath units with open living room/kitchens, great for groups of divers!
Spring NewsFlash!
Forbes Realty TCI is delighted to announce that CHLOE ZIMMERMANN has joined our team this year! Chloe, a resident of TCI for over 30 years, is a very successful local businesswoman with a wide range of expertise. She is sharing with us a new program "Living in TCI tours". Developed with her partner Ben Stubenberg, the concept focuses on introducing visitors to the reality of “Living in TCI” with exploration tours of residential or commercial areas, meetings with local business people, visiting local government offices, and introducing local banks, schools and service companies. Each tour is tailored to individual interest and concerns. Chloe has an incredible outreach network of islanders she has worked with over the years on projects, on not-for-profit efforts and on business ventures bringing the benefit of her extensive experience and knowledge to all clients! Contact Chloe: chloe@forbesrealtytci.com or call 1-649-232-4040.
We invite you to “Go Beyond Provo” and explore the beauty and charm of North & Middle Caicos and Salt Cay. Email today for more details on any of these intriguing business opportunities – and begin a new life in Turks & Caicos Islands! The benefits of living in any of these tranquil islands and operating your own business at your own pace will be enormous. And the challenges will keep you cheerfully on your toes. We welcome your enquiries anytime and would love to answer all your questions – so contact us soon. Visit www.forbesrealtytci.com for more information on a wide variety of properties, or contact us at 1-649-231-4884, or info@forbesrealtytci.com today. Forbes, Forbes & Forbes Ltd. is an independent real estate broker licensed in TCI and a member of the AIPP/UK.


Copyright © 2016 Forbes, Forbes & Forbes Ltd., All rights reserved.

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Monday 1 February 2016

HAPPY  FEBRUARY to ALL!
 
Hope 2016 is getting off to a fine start for you......
 
Please come and Join us on Bambarra beach Middle Caicos on
Saturday February 13th, 2016


Sunday 13 December 2015




MIDDLE CAICOS

ISLAND FUN DAY
Come have Some Fun with Us: 
Saturday December 19, 2015
 
@ Daniel's Cafe
   Noon –  Midnight

Games / Prizes
Music
FOOD/ $5 & $10
 
Tug of War,
 Egg ‘n Spoon,
Sack Race, 3 Legged Race
Noon to 5pm
 
Domino Duos
3pm and 7 pm 
 
 
Tunes all day 
 
 
*****DJ HOODIE*****
8 - midnight
 
Conch ‘n Rice, Cracked Conch, Boiled Fish ‘n Johnny Cake, Pan Fried Fish, Conch Fritters, Hot Dogs, Sweet Treats

  Hosted BY CURTIS BEEN / DANIEL FORBES

Thursday 10 December 2015



'Tis the season to be jolly....and property makes a really great present........falalalalalalalala................Come visit soon!


Real Estate Update December 2015 : New Listings - New Prices!

As the leaves fall and winter closes in, here is some warm & sunny information for you! This year the Turks & Caicos Islands was selected as the best island in the world - an extraordinary accolade for a country that 15 years ago was an unknown speck on the global maps. Both 2014 and 2015 have seen tremendous growth in property sales, bringing the real estate market back to life. While the total inventory of properties for sale here in Turks & Caicos Islands is still vast, the value of the properties available is excellent, backed by the security of investment in a British dependent territory. We are very proud to present our latest New Listings & New Prices in this quarterly update for our clients.  Visit our website, www.forbesrealtytci.com for more information.

New Listings

North Caicos - Beachfront Condo : $149,000 USD
A rare opportunity to purchase a 1 bedroom, 1bath condominium on the shore of beautiful Whitby beach. This is a well constructed, elegant older building, 10 units only, with recently completed upgrade to the electrical service, construction of a seaside lounge deck and installation of solar hot water system.
North Caicos Condo
 
North Caicos - Major Hill Duplex : $125,000 USD
A solid, older building in central North Caicos offering two apartments, (1 x 3 bedroom, 1 x 1 bedroom) well located for rental opportunities. Generous yard at .74 acres. Bring your skills and energy! Needs TLC!!
Major Hill Duplex
 
Middle Caicos - Bambarra Beach West Subdivision : $39,500 USD
This .4 acre lot is located near Platico Point with direct access off the main paved road. An excellent value with power to parcel boundary, paved roads within subdivision and public beach access minutes away.
Bambarra beach West subdivision
 
North Caicos - Three Mary Cays Beach House : $1.2 million USD
A generous lot of 7.4 acres with 250 ft beach frontage and a two storey home of solid cement construction. Home includes a huge, open plan one bedroom apartment upstairs and downstairs a studio apartment and garage underneath. An amazing opportunity and a sound investment in superb beachfront. Subdivision possible.
3 Marys beahome
 

New Prices

Middle Caicos - Bambarra Village East : reduced to only $35,000 USD
Beautiful .4 acre ocean view lot at east end of village, two old buildings on site, great breezes, great ecotourism potential or an excellent family retreat.
Bambarra Village East
  
Middle Caicos - Platico Point Oceanfront : $190,000 USD
A vacant .64 acre lot on the ocean - fabulous sunrises, dock potential, and an excellent home site.  Located on main paved road just east of Conch Bar.
Platico Point
 
Middle Caicos - Interior Lot Near Bambarra Beach: $72,000 USD
This is a 1 acre parcel, along the main road, one row off the beach! Neighbours are building on ridge and beachfront nearby, excellent potential for vacation rental or for commercial/retail options to service the development area.
Bambarra Interior Lot
To be sure, the real estate market is changing in Turks & Caicos Islands. The range of waterfront and beachfront properties available is rapidly decreasing as development continues its incursion on Providenciales. The time is ripe to “Go Beyond Provo” and reap the benefits of investment in other islands within the TCI archipelago. Land banking, in a jurisdiction with no annual property taxes, is the new direction for savvy investors looking for long term return and capital protection outside the stock market. Call us to explore the possibilities soon! 1-649-231-4884.


Just a little tidbit about our neighbor North Caicos........November 2015



Three Mary Cays, North Caicos…........Power has arrived!

Three Mary Cays is one of the most famous beachfront areas in Turks & Caicos Islands, with three small island nestled just off the shore. Great snorkeling, swimming, and beach walking await, with incredible  privacy.  The isolated location on the north shore of North Caicos is what makes make this beach a fabulous escape – and a fabulous property investment.

For almost twenty years, lots have been sold at Three Mary Cays, access roads improved and internal roadways completed – but no buildings on site. With the arrival of underground power to the subdivision, one of the major obstacles to construction has finally been lifted away. During 2014/15 a cosy sturdy beachfront cottage was built: two bedrooms, 2 bathrooms, open Kitchen/DR/LR facing the ocean and a front deck stepping down ono the beach! Full congratulations to the pioneers, both owners and contractors, who accomplished this feat – and opened the path for others.

Lots for sale range price from $350,000 for one acre beachfront, $ 150,000 for one acre second tier off the beach,  to $35,000 for one acre on the road with the beach just a few minutes  walk  along dedicated beach access lanes. These are very good prices, and investment in a beautiful beachfront subdivision provides great long term security. Of course in Turks & Caicos Islands, no annual property tax is payable, only a one time transfer tax when the land is purchased!


North Caicos is a large and tranquil island in the Turks & Caicos, known as the “garden island, for its farms, rich soil deposits and extensive underground water supply.  With a local population of roughly 1800 folk, the island boats five supermarkets, car parts/repair garage, water plant, wholesale/ retail hardware, construction supplies and liquor stores, 7 restaurants, five car rental companies, four gas stations, and 11 churches!  Partnered now by the causeway link with Middle Caicos, this island is a steadily driving engine moving both islands forward into a sustainable future. Middle Caicos is more remote, with only 250 folk but presents a truly  rewarding adventure for the brave!  This year has seen a major surge in construction across North and Middle Caicos, private homes, roadworks, and small resort development all underway.  The building process, materials access and workforce availability has never been better.  

Specifically for Three Mary Cays  the most critical factor is that power is now available underground throughout the Three Mary cays subdivision to the lot boundaries for site transformers and service hook ups.  This simple fact immediately increases the property values by making it so uch easier for new owners to build!  Road access from Whitby has been upgraded by government and two secondary access routes are open. The upgrade to the causeway linking the two islands is another very positive factor moving real estate values higher as those seeking a peaceful Caribbean destination slowly arrive.

Location, location, location is the golden rule of real estate, and Three Mary Cays, North Caicos  in the Turks & Caicos Islands offers a spectacular location to the astute investor. Please contact us for more details anytime  by email to  forbesrealty@tciway.tc   or call 1-649-231-4884.

Happy Canadian Thanksgiving - October 11, 2015!!

Image result for turkey on the beachWell, leaves are changing up north and I am soooo glad I live down south in Middle Caicos, Turks & Caicos Islands! Monday October 11, was Canadian Thanksgiving day - my favourite holiday....and here it what it looks like here:

Thanksgiving  is much earlier in Canada as winter comes sooner .....so harvest time and all the thankfullness happens second Monday of October every year.

Come & try turkey on the beach once eh?


DATELINE : September 2015  
 
Forbes, Forbes & Forbes, Ltd. is a small boutique realty brokerage, providing personal and highly focused property development, acquisition or research services to buyers or sellers of property on Middle Caicos, North Caicos, Salt Cay and Pine Cay. This brokerage took a strategic decision in 2005 not to be involved with mega projects, condominium developments or main resort areas in Providenciales. In 2012, we pioneered the “Go Beyond Provo” campaign to promote property investment on other islands in Turks & Caicos, championing the special and unique features offered by each island.
Middle Caicos, North Caicos, Salt Cay and Pine Cay all have a very low population base, pristine indigenous environments and exquisite beaches. With highly qualified agents living on all the islands we serve, the knowledge base available to our clients is unsurpassed, bringing all their experience and familiarity to every project!
Forbes Realty North Caicos, TCI
Flamingos browsing on Flamingo Pond, North Caicos
North and Middle Caicos are large by TCI standards but sparsely populated. The causeway connecting the two islands has brought a revolution to all by opening the door to much more communication and travel between the islands for work and pleasure. Both North Caicos has a small expat community base and over 400 rental beds available in season and roughly 2000 inhabitants year round spread throughout 5 village areas. Middle Caicos has only about 250 people, three small villages and a few ex-pat homes with about 70 tourist beds available in season. On both islands considerable land is still tied up as “Generational Property” and this is another specialization of Forbes, Forbes & Forbes Ltd. – finding all the relevant heirs and shepherding the property through the legal process to bring current ownership forward is an fine art, and this firm has become expert in it.
Forbes Realty Middle Caicos, TCI
Surf's Up in Conch Bar, Middle Caicos
Salt Cay has a charming slogan : The island time forgot! With only 70-80 inhabitants it is a sleepy and tranquil island with can be circumnavigated in 3 hrs on foot. The harbor is a main feature, as your boat is safe and you are out fishing, whale watching or scuba diving in moments from the shore. Indeed, the whale watching and scuba diving available here are world class! Donkeys wander about freely, leftover from the days of pulling salt carts and winding the salina gates up & down ...
Forbes Realty Salt Cay, TCI
Salt Cay : traditional salt pans stretch across the island
Pine Cay is perhaps the most unique real estate opportunity in the country. It is a well established private island owned by the 36 members, strictly limited in terms of further development to maintain its beautiful shoreline, beaches and landscape. The members jointly own The Meridian Club Hotel, a 4500 ft airstrip, marina, staff quarters and 600 acres of common green space. For the private island community of Pine Cay, the company created a new realty service exclusive to Pine Cay, developing a dedicated website to reach appropriate new members, and now discreetly markets available properties while maintaining the privacy so important to its members.
Both vacant land parcels and homes are currently listed with Forbes, Forbes & Forbes, Ltd., on each island. Come soon to visit North Caicos, Middle Caicos, Salt Cay and Pine Cay.
In addition to property sales Forbes & Forbes, Ltd. also handles land claim research, property development logistics, rental property management and more.
Call us, email us or come visit! We welcome your enquiries anytime, and will always provide you with quality service in a timely manner. Email info@forbesrealtytci.com