South Caicos

Property Description

Beautiful beachfront condo hotel on the island of South Caicos, approximately 20 mins from Providenciales, Turks and Caicos, with regular direct flights to the US. A new runway to accommodate larger jets and direct flights to US has been constructed and a new terminal is underway. The resort offers a total of 127 keys (69 are which are requiring internal fixtures to be installed). All rooms oceanfront with full kitchen, dining area and balcony overlooking clear turquoise waters and white sand beach. All facilities are built to a high standard and specification. The resort is situated over 5 buildings and approximately 9 acres with 725ft of oceanfront land. Facilities include: • BLU restaurant (open daily for breakfast, lunch and dinner) • Splash swim up pool bar and pool menu, including pizza oven • Outdoor salt water 75’ swimming pool with ocean views • Meeting space – 150-person capacity • Recreational facilities - Tennis courts with basketball hoop/court - Fitness room – two treadmills, one stair climber, free weights - Non-motorized water sports equipment – kayaks, stand up paddle boards - Peddle bikes - Five tour boats and three dive boats – diving and excursions ($) - On-site dive operator – peak season only ($) The owner is extremely incentivized to sell. Although not a distressed asset, this is a very attractive opportunity to purchase on an island that is still untouched compared to neighbouring Provo. The owner has invested over US$31m to date and is asking US$19m.

Property Features