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Dec 20, 2013

Turks and Caicos prices have moved down, especially for larger condos


Last Updated: Dec. 20, 2013
PROVIDENCIALES - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
60 sq. m. 244,860 n.a. n.a. 4,081 n.a.
120 sq. m. 487,680 n.a. n.a. 4,064 n.a.
200 sq. m. 1,099,800 n.a. n.a. 5,499 n.a.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Prices in Turks and Caicos have tended to move down over the past year, especially at the higher end. Prices of US$4,400 are typical for condominiums in Providenciales, so that a 120 square metre condominium would fetch around US$530,000

Somewhat higher prices per square metre are typical for larger condominiums. However, it is in this sector that the downward pressure has been most pronounced, with prices of large condominiums moving down to an average of US$5,500, from around US$7,400 a year ago.






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