Turks and Caicos - prices have moved down, especially for larger condos
Residential Valuation Specialist | December 20, 2013
| 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 | |||||
Get updated rental yields data for 75 countries
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.