CJ Invest, News, Real Estate News

Turks and Caicos’ Newest Luxury Project Has Oceanfront Homes on a Plum Stretch of Grace Bay Beach

By: Caitlin Sullivan

Construction is now officially underway at The Point, a major new luxury residential development rising on 9.5 acres at the eastern tip of Grace Bay Beach. The project broke ground in February and has already reached 75 percent sold, placing it among the fastest-moving pre-construction offerings in Turks & Caicos’ high-end residential market.

Set on one of the last significant undeveloped stretches of Grace Bay, The Point is designed as a low-density, ultra-luxury resort-residential community. The masterplan blends beachfront condominium homes with a limited collection of private casitas, all supported by a full suite of amenity programming. Architectural work is led by the award-winning SWA Architects, with interiors by Young Huh, an AD-100 and Elle Décor A-List designer.

The development consists of 38 oceanfront residences and 16 private-pool casitas.

The casitas are 2-bedroom private villas set within lush garden courtyards, each featuring a plunge pool, outdoor shower and secluded terraces. Pricing begins at $2.2 million, and only 7 of the 16 remain available.

The oceanfront residences range from 2 to 4 bedrooms, with large terraces, elevated finishes and impact-rated construction. Pricing spans $3.25 million to $7.5 million, with just 9 of the 38 total condominiums still on the market.

The project’s construction profile includes poured concrete and block build, reinforced glazing and large-format stone and porcelain flooring — a structural posture geared toward long-term resilience.

Providenciales continues to be one of the Caribbean’s tightest luxury markets, defined by limited beachfront inventory, stable U.S. dollar transactions and strong tourism-driven fundamentals. Against that backdrop, The Point’s early absorption — 75 percent sold within months of groundbreaking — underscores deep demand for turnkey, high-specification oceanfront product.

The development’s resort-amenity model, rental-program structure and emphasis on privacy have amplified its appeal among North American and European buyers seeking both personal-use flexibility and income-generation potential.

One highlight among the remaining inventory is a 6th-level penthouse, Residence R603/604, a 4-bedroom home with 4,262 interior square feet. Offered at $7.5 million, it represents one of the most significant remaining opportunities at the project, combining panoramic beach views with the full design signature of SWA Architects and Young Huh Interior Design.

For more, visit The Point.

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