Providenciales is the island that is developing the fastest and it has the most activity. It  has good infrastructure to support investment.  With paved roads and a planned state-of-the-art 40 bed hospital being completed in 2010 the investor’s comfort level in choosing the Turks and Caicos Islands has never been stronger.  There are many condominiums to choose from along Provo’s beautiful beaches, from less expensive entry point resorts to the high-end resorts like Grace Bay Club, Point Grace, Somerset and the Regent Palms. The Casabanca on Grace Bay Road was renovated and opened a casino in June 2007.

Prices of Provo’s freehold homes range from as low as US $200,000 to $17 million plus. Land without buildings can start at $20,000 per acre and go up to several million on a good beachfront depending on the island.

Most of the tourist related businesses are concentrated in the Grace Bay Beach area and Leeward Highway.  Restaurants, nightclubs, dive operations, golfing and shopping are available in Providenciales.  Currently, all international flights arrive and depart from Providenciales airport.  In October 2007 Skyking was bought out by Air Turks and now there is only one local carrier that flies to all of the islands in the Turks and Caicos.  Population is approximately 23,000 residents.

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