The Caribbean, long celebrated for its turquoise waters and postcard-perfect beaches, is undergoing a quiet transformation--from a vacationer's paradise into one of the world's most in-demand second-home markets. A surge of affluent buyers seeking turnkey luxury, branded living, and eco-conscious design is reshaping the region's real estate landscape.
According to Turks & Caicos Sotheby's International Realty's End of Year 2021 Report, the islands saw a record-breaking 158.5% increase in annual sales compared to 2020.
The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
According to Turks and Caicos Sotheby's International Realty's Q1 2021 Market Report, the Caribbean island nations' residential real estate market is on track for a swift comeback.