The Estate….
An Elegant, Exclusive, and Elite residence
Providenciales,
Turks & Caicos Islands, BWI
The Estate is approx. 2.5 acres with an additional .68 acre
available. It is fully gated and completely exclusive with its own
private road and waterway access. The
manor includes the spectacular main house, approximately 11,000 sq.
ft., with glass bottom pool, commercial restaurant
quality kitchen facilities, 3 master bedrooms with en-suite baths,
library, sitting room, living room, screening room, wine room, additional guest
baths, full-floor servants’ quarters, elevator, spectacular views from every
room, and much, much more. There are two stunning guest homes
with private reflection pools, each approx. 2,500 sq. ft. Built by the
best engineering and construction firm in the Caribbean, no expense has been
spared and all villas boast amenities too numerous to list; this private
beachfront estate with its exquisite workmanship must be seen to be fully
appreciated.
The Estate is owned by one of the
most famous gentlemen in the Caribbean and is being sold fully furnished,
including art, goods, and equipment.
The compound is poised on one of the best ocean front parcels of
land on island with magnificent 360 degree views; it offers both seclusion
and accessibility. The Estate
is less than 2 miles from the famed Grace Bay beach and restaurants,
casino, championship golf, horseback riding, Mega Yacht Club, and Nikki
Beach Resort. In addition to the international airport, there is a
private jet and customs port less than 5 miles away. Direct flights
from NYC are just under 3 hours; flights from Miami are approximately 90
minutes.
The asking price is $15.75 Million for the main estate property and $1MM
for the additional .68 acre. The Estate
may be purchased with or without the additional .68 acre. The property can remain as a
private family estate, used as a corporate compound, or can be developed as an
exclusive boutique hotel/resort/spa. The property can support a private
helipad and additional build-out.
As an off-shore entity, there are substantial tax/financial incentives to ownership in TCI. There is no income tax and no property tax. There is a one time fee for purchasing property, called a Stamp Duty. It is 9.75% and once it is paid there is never another tax, fee, or levy made on any properties.
Private
financing is available.
To arrange a private
showing, please contact:
Grace Lappin (212)
717-5477 or avalonpartners@aol.com
