Turks and Caicos - prices have moved down, especially for larger condos
| Last Updated: Dec. 20, 2013 | |||||
| PROVIDENCIALES - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 60 sq. m. | 244,860 | n.a. | n.a. | 4,081 | n.a. |
| 120 sq. m. | 487,680 | n.a. | n.a. | 4,064 | n.a. |
| 200 sq. m. | 1,099,800 | n.a. | n.a. | 5,499 | n.a. |
| Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule | |||||
Prices in Turks and Caicos have tended to move down over the past year, especially at the higher end. Prices of US$4,400 are typical for condominiums in Providenciales, so that a 120 square metre condominium would fetch around US$530,000
Somewhat higher prices per square metre are typical for larger condominiums. However, it is in this sector that the downward pressure has been most pronounced, with prices of large condominiums moving down to an average of US$5,500, from around US$7,400 a year ago.
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