The Real Estate in TCI Continues to boom, according to leading Real Estate Attorney Mark Fulford, the significant sale numbers are impressive and according to Leading Real Estate Agent Nina Sigenthaler the 2021 Turks & Caicos Real Estate are Exceeding Wildest Aspirations !
The headline for the 2020 Year End Report produced by Sotheby’s read: “2020 Turks & Caicos Real Estate Market Closes Like a Champ”. Then, with each quarterly report throughout this past year, we witnessed record breaking sales and it became clear that we were heading for a historic year.
And what to say about a supernova year where our annual sales volume increased 158.5% from $290M to $751M!! Where Single Family Homes accounted for a whopping $369M, up 137% over last year’s $155M, with average prices up 30%, from $1.72M to $2.25M. And where Condominium sales, led by the completion of The Ritz-Carlton, improved by 282%, from $59M to $225M, with a 33.5% increase in average price from $1.03M to $1.38M!
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