The Watermark on Grace Bay beach - Turk & Caicos Islands
The Watermark on Grace Bay beach

The "Preferred" Choice

The Watermark
The Watermark - artists rendition - view from Grace Bay beach

The Watermark is designed from the ground up to operate as a five-star hotel.   This follows a trend set by premium hoteliers such as the Ritz Carlton and The Four Seasons who have ventured into the international condominium / resort market. One, two and three-bedroom suites can be configured into up to 91 individual hotel keys. 

The Watermark - artists rendition - kitchen / dining

The Watermark development will be the first Turks & Caicos Islands member of The Preferred Hotels & Resorts collection which is known internationally for premier locations and superior standards of quality, service and luxury.  Preferred Hotel Group is comprised of the four brands of Preferred Hotels & Resorts, Preferred Boutique, Summit Hotels & Resorts, and Sterling Hotels.

The Watermark - artists rendition - living room

The Watermark's features include a world-class restaurant, holistic spa, and spacious conference facility.  Owners get the best of all worlds: a luxurious vacation home with resort amenities and services; and an investment offering the proven operational expertise and rental track record that properties in the Preferred Hotel Group have established.

The Watermark - artists rendition - bedroom

Individual Preferred Hotel locations include resorts such as Atlantis, Paradise Island (Nassau / Bahamas), Peter Island Resort in Tortola, and Sandy Lane in St. James, Barbados.

 

 

Summary

  • Construction: Ground breaking December 2006
  • Site: 59 condos within 2 buildings, 300 feet of beach frontage
  • Type: operated as resort / hotel with condominium ownership offered
  • Amenities: on-site restaurant, signature infinity pool, conference facilities

Pricing / Examples

  • Studios - 633 and 672 sf layout are available - from $429,000
  • 1Bd condos - 1,074 sf - from $650,000
  • 2Bd condos - 1,737 and 1,771 sf layouts available - from $975,000
  • 3Bd condos -  2,479 sf - from $1.4 million
  • Single remaining penthouse - 3,540 sf / 3 Bd - US$2.5 million.