When a new and luxurious island hideaway wins a major travel award before it has even opened, you know you’re onto a good thing. Poised to become the most coveted address in Providenciales in the spectacular Turks and Caicos Islands, The Residences on Grace Bay Beach were awarded Best Hotel Villa in this year’s “Luxury Travel Advisor” Awards of Excellence.

Nominated by an invitation-only panel of expert luxury travel advisors, and selected by the industry bible’s travel-savvy readership, the highly anticipated residential villa enclave trumped a host of well-established luxury villas to the prize.

“This award reinforces how the luxury travel agent community values Grace Bay Resorts and our team members who strive for excellence in the luxury hospitality space,” says Nikheel Advani, Principal and Chief Operating Officer of Grace Bay Resorts.

Dubbed a “micro-resort” and comprising only three luxurious homes currently under development, The Residences offer the comforts of a private home with the management and services of a five-star resort.

Each of the custom-designed homes is nestled on a 95-foot-wide freehold parcel of private beachfront and offers more than 6,000 square feet of indoor and outdoor space, four large bedrooms, four and a half baths, and a private deck surrounding an infinity pool and outdoor shower.

Two oversized master bedrooms afford oceanfront views, while the master bathrooms have free-standing bath tubs and glass showers.

Expansive living and dining areas are designed with soaring ceilings, natural wood kitchens with top-of- the-range appliances from Sub-Zero and Wolf, and the highest quality imported fixtures and finishes.

The Residences are designed by Coast Architects, based in Turks and Caicos and acclaimed for its work with Amanyara, Parrot Cay and other luxury residences in the islands.

In addition to calling Grace Bay Beach home, owners can enjoy the resort’s amenities, including an owners’ library, a reception area where guests can access on-site concierge staff, and a fully equipped fitness center.

In-villa services feature spa treatments, private chefs, housekeeping, and preferential access to the award-winning Grace Bay Club, including signing privileges at its restaurants and bars.

When not in residence, owners can opt to rent their home to high-end travelers seeking a private vacation experience.

Prices for The Residences start at $3.7 million with Turks and Caicos Sotheby’s International Realty managing all sales efforts on behalf of Grace Bay Resorts.

For more information on The Residences, visit gracebayresorts.com or GBResidences.com