Investment Opportunity. Royal Reef Resort, Turks and Caicos Islands | Canada, US and UK investment property

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ROYAL REEF RESORT
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ROYAL REEF RESORTInvestment Opportunity

Sound Investment

Purchasing a suite at the Royal Reef Resort meets both criteria. Royal Reef Resort has created a safe investment environment that provides the opportunity for excellent return to investors. In today’s market, every investor is looking for high returns and low risk. Purchasing a suite at the Royal Reef Resort meets both criteria. Royal Reef Resort has created a safe investment environment that provides the opportunity for excellent return to investors.

At present, RRR has purchased and owns outright the 17.5 acre property know as the Royal Reef Resort. In addition to this, RRR has secured the financing to complete the entire project regardless of the number of units presold.

Why Presell?

In today’s marketplace, projects of this magnitude carry substantial financing costs. Presales allow RRR to draw less from their credit facility. As such, they can pass those savings on to their initial purchasers.

The resort guarantees that it will not sell units at less than the retail price. In fact, prices will increase as the resort begins construction. By the time the project is completed, initial investors will have built up significant equity in the property.

Those investors that choose to place their property in the rental pool will earn additional income when they are not using their suite.

Other Benefits:

  • The Turks and Caicos is an open real estate market. Anyone can purchase and hold land regardless of their nationality. A property owner investing $250,000 can easily obtain permanent residency in the TCI.
  • Tax free investing – The TCI is one of the few countries that does not charge its landowners a property tax. There are no capital gains taxes. Should you choose to resell your property in future any profits are tax free. In addition, there are no estate taxes, sales taxes or added value taxes.
  • Land registration – Land registration title is guaranteed by the government of the TCI. Strata title ordinance provides for freehold title in a condominium complex.
  • Quality construction – The TCI has very stringent building codes. The government planning department oversees all construction ensuring that each new building meets their standards.
  • Property values – TCI property values continue to rise. Ocean front property values in North Caicos have quadrupled in the last two years. As development on the island continues, property values will continue to rise.