The British overseas territory, Turks and Caicos has come first in a Condé Nast survey of the most popular Caribbean destinations, a giant leap from its previous position of 10th in 2007. This remarkable shift has seen the islands retain their appeal despite the recent brush with Hurricane Ike earlier this year which caused "no significant" damage according to officials.

Condé Nast's poll saw The Bahamas and Jamaica take 2nd and 3rd position respectively.

There are plenty of incentives for Fly to Let investors in Turks and Caicos. John Prior, principle of Undiscovered Properties, explains: “There is no annual property tax, income tax, corporate tax, inheritance tax or capital gains tax in Turks and Caicos so in the current financial climate it is an attractive and exotic prospect for the savvy investor.”

Turks and Caicos is made up of more than 50 islands covering an expanse of 193 square miles and is situated 575 miles off the coast of Miami.

2009 is set to see the island host some exciting events including the Indy Turks and Caicos Grand Prix in February and the Caribbean Amateur Golf Championship which they previously hosted in 1999.

North Caicos is known as the 'garden island' of Turks and Caicos and is the 3rd largest island in the archipelago. With a population of less than 2,000 people North Caicos is an exclusive location for those wanting to get away from it all and The Royal Reef Resort situated at Sandy Point is a development that offers an area renowned for its natural, unspoiled beauty.

The five star Royal Reef Resort has three restaurants, attractive gardens, four swimming pools, whirlpools, spa, fitness centre, a variety of shops, two tennis courts, and a stretch of white sand beach.

Prices start from £215,000/ $425,000 for a completed studio apartment and the resort also gives you the opportunity to purchase completed hotel suites from £56,000 / $110,000.

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