Turks and Caicos property increasing in popularity

Posted by Rebecca Sale on 12 th in DSR, Investment Property, Turkey property news on 12th of November 2010
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Whilst France, Spain and other tourist hotspots continue to be popular and worthwhile property investment, there’s a lesser known area which is raising its head.

Turks and Caicos has come first in the Condé Nast survey of the most popular Caribbean destinations, making a giant leap from its previous position of 10th in 2007.

The remarkable shift has seen the islands retain their appeal despite the recent brush with Hurricane Ike earlier this year.

And to capitalise on that comes a range of property developments which are still reasonably priced for such an exotic destination.

Comprising more than 50 islands covering an expanse of 193 square miles, the British overseas territory Turks and Caicos is found 575 miles off the coast of Miami.

Next year is set to see the islands host some exciting events including the Indy Turks and Caicos Grand Prix in February and the Caribbean Amateur Golf Championship which they previously hosted in 1999.

The President of the Caribbean Hotel and Tourism Association (CHTA), Enrique De Marchena Kaluche, says: “While recognising that each Caribbean nation is confronted with challenges that are as unique as its cultures and have distinctive appeal to tourists, there are certain shared goals on which the industry must come together to attract higher numbers of visitors arrivals.” And, no doubt, those looking for overseas property investment.

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As seen in The Sunday Times, The Guardian, The Telegraph, A Place in the Sun