Caicos Beach Club

Caicos Beach Club Resort Spa and Marina offers a private exclusive vacation paradise. Built to the highest standards the resort is set amidst 185 acres of peninsula with over a mile of powder white beaches on the ocean side and protected turquoise water on the bank side. It is only 4 miles from the airport and boasts a Club house, outdoor pools, restaurants, shops, an Asian spa, health club facilities and conference rooms.

Flights are direct from London, Miami and New York.

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INVESTOR HIGHLIGHTS

• 30-45% under market value
• Rental management contract
• Fully furnished ocean front apartments
• 70% mortgages available

Caicos Beach Club Resort and Marina is currently offering Ocean/Sunrise or Sound/Sunset View One Bedroom Resort Residences at 30% to 45% below the competition in the Turks and Caicos Islands.  All Resort Residences at Caicos Beach Club Resort and Marina are either direct ocean or sound view.

• Average price for an Ocean View One Bedroom Unit in Turks & Caicos Islands today is $600,000.
• Caicos Beach Club under construction pricing for an Ocean View One Bedroom is from $329,000
   

LOCATION

Caicos Beach Club Resort Spa and Marina is located on South Caicos in the tranquil British Crown Colony of The Turks and Caicos Islands which are part of the British West Indies.

The property elevation ranges from sea level to a ridge peak of 160 feet above sea level. This impressive relief allows the units to be arranged so that you can watch a stunning sunrise over Turks Passage barrier reef in the morning and a breathtaking sunset into the Caicos Bank in the evening...a one of a kind location, not only in the Turks and Caicos, but throughout the Caribbean.

The Island of South Caicos is approximately eight square miles, has the highest point in all the islands, an International Airport, the nations finest natural harbour, World Class beaches, World Class fishing, World Class diving, and World Class wind and water sports. South Caicos is home to a friendly relaxed English speaking population and lacks the crowds, cars, noise and pollution found in most other resort areas.

• 500 miles south east of Miami
• A British Commonwealth Nation and part of the British West Indies which consists of Cayman, Bermuda and the Turks and Caicos Islands
• National language is English
• 77 degrees F in Winter/ 84 degrees F in Summer
• No direct taxation
• Airport serviced by all major Airlines
• Main areas of business are Offshore Banking, Tourism and the export of fish, lobster & conch
• Low levels of crime

SUMMARY

30% - 45% UNDER MARKET VALUE

Ocean view 1 bedroom apartments and penthouses are available from $329,000 for approximately 870sq. foot upwards. Prices here are 30% - 45% under the current market value of similar ocean view apartments in the Turks & Caicos Islands, giving more room for capital growth.

FULLY FURNISHED
Furniture, an entertainment centre, appliances, furnishings and house wares are included in the price.

RENTAL PROGRAMME AND HOLIDAY USEAGE
The Rental Programme, or Private Lodging Plan, offers owners the option to derive the rental revenue while still taking 2 free weeks holiday use through their club membership at Caicos Beach. The Resort will operate as a hotel with the net proceeds from the lodging fees being paid to the owner. Please see the Caicos Beach Club Resort Spa and Marina pdf. brochure for more details of the Private Lodging Plan.

SUPERB AMENITIES
The secure community will have a 60,000 sq. ft. $15 million Club House, check in facilities, concierge service, shops, library, games room, lounges, a coffee shop, fine dining restaurant, Asian Spa with acupuncture, health club facility, virtual reality golf room, tennis courts, gaming and casino, duty free shops, conference/meeting rooms, internet services, room service, swimming pools, owner storage facilities and laundry facilities. There will be scuba diving/snorkelling excursions, deep sea fishing charters, bone fishing, hiking tours, island adventure trips, sunset cruises, sailboat rentals, para sailing, vehicle rental and beach volleyball. There are also many onsite support services. Caicos Beach Resort Spa and Marina are expected to be awarded 4 star rating.

TAX FREE INVESTING
As a British Commonwealth Nation the Turks and Caicos Islands host a rapidly growing Off-Shore Financial Centre offering numerous advantages including but not limited to the following:

• No Corporate Income Tax on Revenue
• No Personal Income Tax on Revenue
• No Income Tax on Revenue generated from property
• No Capital Gains Tax in Turks & Caicos on property when sold
• No Annual Real Estate Tax
• No Estate/Inheritance Tax
• The local currency is the US Dollar
• Any Nationality may purchase property
• The Crown guarantees Title therefore No Title Insurance is necessary
• Land Registry provides details of ownership
• Title can be personal or confidential
• Permanent Residency Status can be obtained with a real estate investment of $250,000US
• The Turks and Caicos Islands have one of the lowest crime rates in the Caribbean
• The Planning and Development Department oversee very strict building codes
• The British system ensures a strict legal and political environment
• The Turks and Caicos Islands is one of the fastest growing tourist destinations with annual double digit property appreciation.
   

CAICOS BEACH CLUB RESORT, SPA & MARINA NEWS

INTERNATIONAL AIRPORT
The Turks and Caicos Islands host Three (3) International Airports in the Country, one on the Capital Island of Grand Turk, one on the Island of Providenciales and one on South Caicos. All International airports have a full compliment of Immigration and Customs Facilities.  With completely new airport Terminals on both Grand Turk and Providenciales, the Government is currently expanding and improving the South Caicos airport, which improvements will include a new air-conditioned Airport Terminal, a widening of the Airport Runway from the existing 90’width to 150’wide and the addition of a airplane turn around at each end of the runway, all to be completed in Summer of 2008.

Travel time is approximately a one hour and 15 minute flight from Miami, Florida. Air service to The Turks and Caicos Islands is now provided by American Airlines from New York or Miami, US Airways from Charlotte, Delta Airlines from Atlanta, Spirit Airlines from Fort Lauderdale, British Airways from London/Heathrow, Bahamas Air from Nassau as well as numerous Charter Flights from various departure Cities, including but not limited to New York, Chicago, Dallas and Canada.  Intra-Island flights are currently provided by Sky King, Inter Island Airways and TCNA (Turks and Caicos National Airline) at extremely reasonable rates.