If you are looking for a safe offshore investment, real estate is a great place to start. For anyone who has looked into Caribbean real estate, they know that not all markets are created equally. When looking for a secure place to park your investments, you want to know that the market is relatively safe and secure.
The Turks and Caicos is one such market. Even during the great recession which hit the Caribbean particularly hard, the TCI came out much better than most Islands. Already, prices are escalating again, and the market is heating up like it hasn’t in a number of years.
When it comes to offshore investments, should you be content with simply keeping your principal intact or should you expect some growth. I think most people would say, they want to see some growth. In the Turks and Caicos, not only is there potential for significant property appreciation, but there are a number of properties where you can expect to see a solid return every month from rental income.
Fully managed rental units in properties such as the Gansevoort Resort or the Royal West Indies are great examples of hands off properties with solid returns.
Timing is everything in real estate. The TCI market has really started to take off over the past year, but prices still remain below their peak in 2008. Now is a great time to invest to make sure you realize the potential property appreciation in the next few years.
If you would like to know more about Turks and Caicos real estate or the potential to finance this property, talk to us today!