Turks & Caicos Islands : Beachfront Subdivision lots for sale at Three Mary Cays, North Caicos

GRACE BAY, Turks & Caicos Islands - Sept. 30, 2015 - PRLog -- Three Mary Cays is one of the most famous beachfront areas in Turks & Caicos Islands, with three small island nestled just off the shore. Great snorkeling, swimming, and beach walking await, with incredible  privacy.  The isolated location on the north shore of North Caicos is what makes make this beach a fabulous escape – and a fabulous property investment.

For almost twenty years lots have been sold at Three Mary Cays, with access roads improved and internal roadways completed – but no buildings on site. With the arrival of underground power to the subdivision, one of the major obstacles to construction has finally been lifted away. During 2014/15 a cosy sturdy beachfront cottage was built: two bedrooms, 2 bathrooms, open Kitchen/DR/LR facing the ocean and a front deck stepping down ono the beach! Full congratulations to the pioneers, both owners and contractors, who accomplished this feat – and opened the path for others.

Lots for sale range price from $350,000 for one acre beachfront, $150,000 for one acre second tier off the beach,  to $35,000 for one acre on the road with the beach just a few minutes  walk  along dedicated beach access lanes. These are very good prices, and investment in a beautiful beachfront subdivision provides great long term security. Of course in Turks & Caicos Islands, no annual property tax is payable, only a one time transfer tax when the land is purchased! Find more information on this Caribbean tax haven at www.forbesrealtytci.com .

North Caicos is a large and tranquil island in the Turks & Caicos, known as the “garden island, for its farms, rich soil deposits and extensive underground water supply.  With a local population of roughly 1800 folk, the island boats five supermarkets, car parts/repair garage, water plant, wholesale/ retail hardware, construction supplies and liquor stores, 7 restaurants, five car rental companies, four gas stations, and 11 churches!  Partnered now by the causeway link with Middle Caicos, this island is a steadily driving engine moving both islands forward into a sustainable future. Middle Caicos is more remote, with only 250 folk but presents a truly  rewarding adventure for the brave!  This year has seen a major surge in construction across North and Middle Caicos, private homes, roadworks, and small resort development all underway.  The building process, materials access and workforce availability has never been better.

Specifically for Three Mary Cays  the most critical factor is that power is now available underground throughout the Three Mary cays subdivision to the lot boundaries for site transformers and service hook ups.  This simple fact immediately increases the property values by making it so much easier for new owners to build!  Road access from Whitby has been upgraded by government and two secondary access routes are open. The upgrade to the causeway linking the two islands is another very positive factor moving real estate values higher as those seeking a peaceful Caribbean destination slowly arrive.

Location, location, location is the golden rule of real estate - and Three Mary Cays on North Caicos in the Turks & Caicos Islands offers a spectacular opportunity for  the astute investor. Please contact us for more details anytime  by email to  forbesrealty@tciway.tc   or call 1-649-231-4884.