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Turks ad Caicos Islands Enjoys Global Exposure Through Careful Positioning of its Luxury Real Estate
The Turks and Caicos Islands (TCI) has long been known as a destination that attracts some of the world’s most exclusive clientele, producing stunning properties that are undoubtedly some of the Caribbean’s most desired.
By: Regency International Estates
The property is situated on seven acres with over 800 feet of prime beachfront and an extension of internationally acclaimed fashion designer Donna Karan’s sprawling Caribbean estate. Located on the beautiful island of Parrot Cay, considered to be one of the most secluded and exclusive resort islands in the Caribbean.
In talking with Katherine Baryluk, Director of the Brokerage responsible for Donna Karan’s property, she explains, “As the exclusive affiliates of Christie’s International Real Estate, we are able to align and promote such prestigious properties to our exclusive and discerning buyers who have trusted their high value real estate purchases to us for many years. Conversely, entrust us with the sale of their luxury residences through our real estate devision, and art through Christie’s Auction House”
Ms. Baryluk goes on to say, “Christie’
The company has had a strong track record of successfully selling some of the TCI’s highest value properties, including and most recently, the sale of a majestic beachfront estate listed at $16.9M, something achieved in just 3 months, a record for the company and extremely impressive in the TCI where the average time on the market for this price point is often a few years.
Robert Greenwood, Director and Private Broker for the company explained, “we have carefully positioned ourselves to provide dedicated and specialized service at a very high level. We prefer to remain a bespoke, exclusive Brokerage, only allowing so many high value properties into our inventory at any one time. By limiting the amount of properties we represent, we can better fulfill our customer’s and client’s needs through dedicated attention, something that is extremely necessary when managing transactions of this caliber. Without an overpopulated inventory, our team can focus on an individual property, targeting global buyer demographics, creating focused marketing, and attracting THE buyer who fits perfectly with what is being offered”
Mr. Greenwood also noted, “this trend of real estate transactions is a clear indicator that the high net worth investor has re emerged, something that requires a high level of confidence in a specific market, and a jurisdiction as a whole. He continues to say, “ the re growth of our real estate market over the last couple of years has been hard work on all of those in the real estate sector, but this dedication to the industry is now starting to pay off in all sectors. Mr. Greenwood, who is also the President of the Turks and Caicos Real Estate Association (TCREA) has seen this trend emerge, and barring any unforeseen global issues, expects it to continue.
“Our client’s needs are clear, and given the multitude of benefits we offer here in the TCI, we are able to fulfill the majority, primarily the need for privacy and seclusion.”
PARROT CAY, TURKS AND CAICOS ISLANDS– A seven-acre beachfront property on Parrot Cay of the Turks and Caicos Islands -- considered to be one of the most secluded and exclusive resort islands of the Caribbean -- is now being exclusively marketed by Christie’s International Real Estate, the world’s leading luxury real estate network. Offered at U.S. $39 million by affiliate Regency, the resort-like compound is an extension of “The Sanctuary,” the private island retreat of Donna Karan.
Secluded and flanked by lush vegetation, the property, which directly fronts turquoise ocean waters and white powder-soft sands, offers unparalleled panoramic views of the island’s pristine surroundings. Two, four-bedroom villa estates are centerpieces of the compound, each featuring a second-floor master bedroom with stunning ocean views, three en-suite bedrooms and an infinity pool.
Designed by Cheong Yew Kuan, a world-renowned Singapore architect, and completed with New York’s Bonetti/Kozerski Studio, each of the property’s meticulously crafted interiors is complemented by exotic features, such as cedar and coral stone walls, European walnut floors, lightly filled raw travertine baths, teak furniture and eclectic works of art from Bali to Africa. A screened-in guest pavilion sits adjacent to outside Ipe wood terraces. This centerpiece of the property serves as a wonderful gathering place for family and friends, an indoor formal dining area offers seating for up to 20 and walks out to the third swimming pool. A state-of-the-
“This is a property with unmistakable global appeal -- an ultra-luxury hideaway with unique character and the most desirable of attributes,”
Vice President, Regional Manager of Christie’s International Real Estate. “Given its size, scope and enviable privacy, this resort-style compound is certainly a rarity on the landscape.”
“Sanctuary was custom designed to not only be a family-friendly destination for achieving balance and tranquility, but the restoration of wellness,” said Katherine Baryluk of Regency, an exclusive affiliate of Christie’s International Real Estate. “With its tranquil setting and impressive scale along the turquoise western shores of Parrot Cay, this is the ultimate ‘sanctuary’
Parrot Cay is a multi-award winning COMO Shambhala Resort, known for five-star wellness retreats and services, including many natural and holistic healing therapies, and a host of spa services. Residents of the property can also enjoy two private butlers, a personal chef and daily maid services as well as access to resort amenities, such as a 24-hour manager, sporting facilities, water sports, restaurants and boutiques.
Regency, the exclusive Christie's International Real Estate Affiliate for the Turks and Caicos Islands, is renowned for providing unparalleled knowledge and trusted advice to our clients. Our goal is to provide exceptional service and a complete understanding of offshore investments.
Regency International Estates