Commercial Opportunities Beyond Provo

Go Beyond Provo!
Forbes, Forbes & Forbes Ltd is very proud to be an independent real estate broker dedicated to promoting properties outside the main resort island of Providenciales. Since 2005, this firm has championed investment in North & Middle Caicos and Pine Cay, bringing Salt Cay into focus last year too! The world of Turks & Caicos Islands is place of amazing diversity, each island unique in its own geography, culture and lifestyle. For those wishing to live here and operate a business, the possibilities are tremendous! These days, it's not just retirees looking for a new home, for a new approach to life in a simpler, more wholesome environment - but active young families seeking safe locations for their children, successful entrepreneurs looking for a less hectic pace of life and adventurers ready for a fresh start.

Commercial opportunities on North Caicos, Middle Caicos and Salt Cay
It is a great time to review the commercial opportunities available on North Caicos, Middle Caicos and Salt Cay! These islands offer a wealth of ecotourism and water sports business potential, as well as huge scope for building houses for sale, and a definite need for small service businesses from cleaning companies to electricians to marketing agencies! In several locations a small marina and boatyard would be especially welcome! Many of these suggested businesses can move forward in collaboration with ongoing developments or as a completely self-employed/owner-operated effort. Taking on a business here is a lifestyle decision, for owners who wish to enjoy the excellent quality of life and a solid financial outlook. Long term, as these islands slowly and sustainably develop, any business established now will be in an excellent resale position in 5 years.

North Caicos
With 2,500 residents, 22 rental villas and 7 restaurants, North Caicos offers exciting commercial potential for more advanced amenities and services. For example, water sports available are very limited now, so fishing, kite boarding, kayaking, paddle boarding all have great potential, as do small businesses offering guided excursions, classes, training or rental of equipment. Water access for boats is very limited and a small marina with good ramp, safe storage and fuel/boatyard services would be quickly successful. Most accommodations available on North Caicos are longer-term villas - a B&B focused for overnight and short stay would greatly expand the visitor base. Most clients looking for property would like a home already built – and many developers would collaborate happily with a strong housing contractor to get houses built on their developments and get their lots sold!!

Kings Landing : a gently sloping 50 acre site on Bottle Creek:
• Inn/Marina opportunity on a 7 acre parcel with 300 ft waterfront on the sheltered channel.
• Developer open to collaboration with housing contractor to build 8-10 homes.
• Buy out of all remaining lots from developer possible, 38 acres at $990,000.
Bottle Creek Lodge : well landscaped property, excellent waterfront
• Premier location for water sports day base.
• Offers modest sleeping cabins and main lodge.
Pelican Beach Townhomes : 6 unit townhomes on gorgeous beach
• Four units available from developer, super rental accommodation potential.
Three Mary Cays : famous location on north shore, large subdivision in place
• Developer open to collaboration with housing contractor to build 8-10 homes.
• Spectacular 7 acre lot, 500 ft beachfront for 4-5 estate lot homes with shared clubhouse.

Middle Caicos
The completion of the causeway and road ways on both sides has been a revelation here - a smooth and beautiful drive now awaits from the ferry at Sandy Point at the western point of North Caicos all the way to Lorimers village at the east end of Middle Caicos! And the ongoing construction boom will only continue as more people are ready to enjoy the peace and tranquility of life on Middle Caicos. The commercial opportunities here reflect those available on North Caicos, yet cater to those seeking truly a remote and peaceful home base. The ecotourism potential is immense, with cultural heritage still alive to experience here. And, of course, hiking, biking, birdwatching, spelunking, kayaking and kiteboarding adventures are at the ready to promote.  And not only longer stay visitors (70 on island beds) provide business opportunities but day visitors from Provo and from North Caicos are a growing segment of the market here. Service businesses are needed, too, and of course the construction of homes for sale would be very welcome!

Eastwind : 60 acres, gorgeous remote location, fabulous beachfront
• Individual 1 or 2 acre beachfront lots, open to collaboration for speculative housing construction.
• Eight acre parcel for commercial opportunity – B&B, kite boarding hostel, ecotourism base.
• Service businesses – storage, security, property management, maintenance, landscape/gardens.
Blue Horizon Resort/ Mudjin B&G : famous location with fabulous scenic cove
• Entire resort compound for sale, 5 cottages, restaurant, main house approx. 12 acres.
• Established subdivision residential lots for villas - excellent rental potential, existing market!
Conch Bar Oceanfront : at the village edge, crashing waves, glorious sunrises
• Shorefront development, townhomes with shared pool, cottages, B&B or ecotourism activity base.

Salt Cay
The tiny island of Salt Cay offers a wide range of commercial opportunities through existing businesses and rental villas for sale. The historic significance of the island and the sense of timelessness in the air provide a picturesque background for simple relaxation, and for world-renowned scuba diving, snorkeling, and whale watching in season. While the population, too, is tiny (only 80 residents) their warm welcome is a pleasure not to be missed. Tourism links with Grand Turk are growing and the time is ripe for investing in these available pioneering businesses or for forging your own Caribbean dream on Salt Cay!