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.
The Caribbean island chain of the Turks and Caicos has long been admired among travelers for its laid-back atmosphere, picture-perfect white sand beaches and crystal-clear calm waters, but it has stayed under-the-radar for second homebuyers.
Recent record-breaking growth in tourism, combined with new and on-going government incentives and investments in airports, highways and marinas, has contributed to an increase in luxury real estate sales