BUILD Campaign Name 2023 Andaz Turks & Caicos at Grace Bay Continues Strong Residential Sales Momentum Following Construction Announcement Andaz Turks & Caicos at Grace Bay, a luxury residential and resort community, is set to open along the famed Grace Bay Beach in late 2025. The property will debut as the first Hyatt property on the island and will be comprised of two buildings, the 59-key luxury resort and the 74-unit Andaz-branded residences. "Andaz Turks & Caicos will mark a significant milestone for Hyatt as the first Andaz property and Andaz branded residences in the Caribbean," said Nina Garrison, Director, Global Brands and Residential Strategy. "We are excited about this property and adding a new destination in a new market for World of Hyatt members, guests and private homeowners to explore and enjoy the amenities Andaz Turks & Caicos will offer. We look forward to introducing a vibrant, immersive hotel and residential experience to the island in 2025." The property's residential sales remain incredibly strong, doubling since early August with 40% of total inventory sold and just over $50 million in sales to-date. Buyers are taking advantage of this rare investment opportunity in the booming Caribbean market with three penthouse listings now sold, including the project's crown jewel, an $8 million, four-bedroom corner unit. "We have seen an increase in demand since starting construction this summer," said Robert Greenwood, Director and Partner of Regency, Christie's International Real Estate. "The new Andaz residences bring a rare opportunity to the area, which is already a top vacation destination. Now is a great time to be investing in Turks and Caicos and this project has a range of unit sizes and price points, giving many different buyers the opportunity to enter the market." The resort's 73 residences are priced from $500,000, ranging from the 580-square-foot oceanfront studio to the 6,411-square-foot four-bedroom penthouse. The design-forward residences feature beachfront living juxtaposed by electric and modern interior design embracing the locale of Grace Bay. The last available two-bedroom oceanfront penthouse, priced at $3.5M is an exceptional opportunity for buyers, offering a spacious rooftop terrace, sweeping views across turquoise water, butler service, and five-star amenities at owners' fingertips. The rooftop terrace is the highlight of this unique villa-in-thesky with panoramic views from the plunge pool, sunning area, trellised dining and lounge area, and summer kitchen. Owners will enjoy access to all services and amenities of the resort, including worldclass dining options at three restaurants and bars, pickleball and tennis courts, an indoor/ outdoor spa, yoga and fitness facilities, dedicated luxury concierge services and more. The resort will also feature a Kids' Club, which will be located near the main pool with custom programing focusing on learning and discovery of the island's natural attributes. In collaboration with RAD Architecture and Modus Operandi, Andaz Residences Turks & Caicos will be inspired by the tranquil waters, golden tones, and stunning coral reefs for which Grace Bay Beach is known. The Caribbean's cultural legacy is a melting pot of African, European, and, occasionally, Asian influences, all of which will be incorporated into the design of the residences. The Spanish porcelain tile flooring tile will evoke the look of a unique cement style floor, and the high design accent wall coverings will provide a layer of color, texture, and bold patterns over a simple palette of natural materials and hues. Furnishings, art, and decorative objects throughout each residence will be locally sourced. For seamless transitions between indoor and outdoor living, the homes will feature custom floor-to-ceiling and wall-to-wall hurricane-proof sliding glass doors and windows. Each residence is integrated into the resort, offering the conveniences of turnkey hotel living. Owners have the option to put residences into a rental pool as part of the hotel's nightly rental inventory, with operations managed by Hyatt. Easily accessible, Andaz Turks & Caicos at Grace Bay will be located just off Leeward Highway, a short 15-minute drive from Providenciales International Airport. Turks & Caicos is serviced by more than 20 domestic and international flights, making it a popular destination and investment for vacation homeowners. For more information or residential sales inquiries, please visit www.andaztcresidences. com or +1 649 232 4119.
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