An Antigua and Barbuda real estate investment is a ripe opportunity for investors wishing to diversify their portfolios, protect their assets, and enhance their global mobility.
Home to world-class beaches, reefs, endless sunshine, and vivacious culture, Antigua and Barbuda is irrefutably located in paradise. Even better, it offers something many small nations don’t – the chance to own a second passport in exchange for an investment.
In this complete guide, we provide detailed information on the Antigua and Barbuda real estate market so that you can confidently buy a property in this slice of paradise and obtain a high-ranking passport.
Why make an Antigua and Barbuda real estate investment?
Whether you’re looking to retire on an island oasis, buy a holiday home, or invest in real estate for a passport, buying a property in Antigua and Barbuda is a fantastic investment. In Antigua and Barbuda, you can enjoy:
Stable property prices
Vast property types on offer, including plenty of beachfront luxury villas
A beneficial taxation system — No income, capital gains, wealth, or inheritance tax
A path toward securing an Antigua and Barbuda passport for yourself and your family members
A relaxing lifestyle in a safe, peaceful island nation
High rental income potential
Antigua Real Estate Market Overview
Antigua and Barbuda’s real estate market is well established. The condos and luxury villas for sale in Antigua, Barbuda, and the Caribbean have attracted some of the world’s biggest celebrities, and its appeal was boosted by the 2013 establishment of its prestigious citizenship by investment program, which offers a route to citizenship through real estate shares.
The opening of the VC Bird International Airport’s new terminal in 2015 was another major factor in bolstering its tourism sector by making the island more accessible than ever. In fact, the island has air travel connections to 27 destinations and 18 countries.
On average, the real estate market offers the opportunity to earn a high rental income if you purchase real estate for tourism purposes, profiting from short-term rentals. Antigua and Barbuda’s world-renowned status as the ‘it’ tourism destination in the region is something more and more investors are taking advantage of, and there are plenty of property management services to support this.
As a prospective buyer, you have a diverse range of property options available on real estate listings:
- Villas and luxury homes: Antigua and Barbuda is known for stunning beachfront properties and luxury villas that offer the most modern amenities, such as private pools, jacuzzis, expansive gardens, and direct beach access.
- Condos and luxury apartments: These can range from beachfront condos with incredible views to apartments in residential complexes or resort-style developments. Typical shared amenities include pools and fitness centers.
- Single-family homes: These can vary in size and style, from smaller homes in residential neighborhoods to larger, more luxurious estates.
- Land and lots: Many individuals purchase land to build their dream home or new construction, whether for residential, commercial, or investment purposes.
- Vacation rentals: Some properties are specifically designed and marketed for short-term rentals, making them attractive to buyers interested in generating rental income.
- Historical properties and estates: Antigua and Barbuda has a rich colonial history often reflected in its architecture. Some buyers may be interested in owning a piece of that history for its blend of charm and character.
- Resort properties: The islands’ vibrant tourism industry may appeal to some buyers who are interested in investing in properties within established resorts.
- Commercial properties: These may include office buildings, retail spaces, hotels, and restaurants and may appeal to investors or entrepreneurs looking to generate income.
Where to buy?
In this tiny two-island nation, you’ll get the winning combination of golden sun and sea paired with tropical rainforest and mountainous terrain. Local traditions blend with British architecture, providing a wonderful range of property types.
Whether you are looking for a condo with a swimming pool, a luxury villa overlooking the Caribbean sea, a beachfront property, or a dwelling in one of many sprawling resorts reminiscent of a colonial era — you name it, real estate listings provide plenty of options to find your dream home.
Antigua and Barbuda is divided into the parishes of Saint George, Saint John, Saint Mary, Saint Paul, Saint Peter, and Saint Philip.
Here’s our curated list of where to look for property in your Antigua and Barbuda search:
- Barbuda – Coco Point, Palmetto Point, Spanish Point, Cedar Tree Point
- Dickenson Bay – Located on the northwest coast with a lively atmosphere with several restaurants and resorts
- English Harbour – Historical and picturesque location on the south coast of Antigua
- Falmouth Harbour – Charming village adjacent to English Harbour, known for its colonial architecture and proximity to the yachting scene
- Galley Bay – Tranquil north coast location known for its secluded beaches and lush vegetation
- Hodges Bay – Home to a stunning stretch of white sand beach and luxury resorts, and a popular spot for water sports
- Jolly Harbour – Well-established community on the west coast of Antigua that boasts a marina, golf course, casino, shops, and restaurants
- Nonsuch Bay – Secluded, tranquil, and private enclave on the east coast of Antigua, with a pristine beach and luxurious residences
- Runaway Bay – North coast area popular for families and more affordable options
- Willoughby Bay – Quiet, affordable location on the north coast
In these villages and towns in Antigua, you’ll find attractions like marinas, golf courses, shopping centers, and an array of fabulous restaurants and bars catering to every taste and cuisine. One thing’s for sure: No matter where you look, there is no shortage of exquisite waterfront properties on the market!
What are prices like?
The price range of Antigua and Barbuda homes is between $255,000 and $12,000,000. This is, of course, dependent on what property type you choose and the location. According to current real estate listings, waterfront villas cost an average of $800 to $1,250 per square foot, while beachfront condos go for $660 to $1,000 per square foot. Colonial estates are $500 to $750 per square foot.
Tourism makes up more than 60 percent of the national income in Antigua and Barbuda, and its increasing popularity as a tourist destination has led to an increased demand for property, particularly from international investors.
As mentioned above, the government’s citizenship by investment program allows foreign nationals to obtain Antigua and Barbuda citizenship in return for an investment in the country’s real estate market. This has attracted a large number of wealthy investors and has further fueled the demand for high-end properties.
Resort-style developments that combine residential units with amenities like pools, restaurants, and private beaches are multiplying as they cater to buyers looking for a comprehensive, high-end lifestyle experience or high-yield return.
There is also a growing interest in eco-friendly and sustainable real estate projects, aligning with global trends towards more environmentally conscious living. Properties with green features, such as solar panels and rainwater harvesting systems, are gaining popularity.
Many buyers are interested in purchasing Barbuda homes for short-term vacation rentals in popular tourist areas, taking advantage of the thriving tourism industry.
As a result of these factors, property prices in Antigua and Barbuda have been increasing steadily over the past few years. However, prices are still relatively affordable compared to other Caribbean islands, and there is a wide variety of real estate listings.
Check out our article: Your Guide to Buying Property in the Caribbean – What You Need to Know.
Antigua and Barbuda Real Estate Investment
Antigua and Barbuda’s Citizenship by Investment (CBI) Program is one of the most attractive options for investors looking to purchase property. It allows investors to acquire a passport in three to four months in exchange for making a qualifying investment in the nation. In fact, you can secure a property investment via this route without having to reside in Antigua and Barbuda, so there’s no need to relocate.
While the program offers four investment routes, investing in real estate is the best way to earn a profit in return and simultaneously own a second home in paradise.
Antigua and Barbuda real estate investment CBI requirements:
- Buy Antigua and Barbuda real estate shares worth at least $200,000
- The property must come from the government’s list of Antigua and Barbuda approved areas
- The investment must be held for at least five years
- Property registration, processing fees, and taxes must be paid in addition to the property purchase
For more detailed information on the real estate route, National Development Fund, and more, check out our comprehensive guide to Antigua and Barbuda’s Citizenship by Investment Program below.
Antigua and Barbuda approved areas
Real estate projects for Antigua and Barbuda’s Citizenship by Investment Program must be government-approved, as per Regulation Six of the Citizenship by Investment Act 2013. The government will identify approved development areas and then approve specific projects within these areas.
The list of approved areas for investment includes:
- Fort James to Blue Waters
- Pillar Rock to Five Islands
- Pearns Point to Johnson’s Point
- Falmouth Harbour to Galleon Bay
- Willoughby Bay to Half Moon Bay
- Nonsuch Bay Area
- Guiana Island and its environs to Crabbs Peninsula to Indian Point
- Marble Hill
- Low Bay to Palmetto Point and Coco Point
- Coco Point
Step-by-Step Guide: Buying Antigua and Barbuda Real Estate
Buying property in this island nation is a streamlined, straightforward process. Nevertheless, consulting with an experienced attorney when buying property abroad is always advisable.
Once you’ve combed through Antigua and Barbuda real estate listings and have sought assistance from estate agents or an independent buyer’s agent regarding your Antigua and Barbuda search, the following five steps must be taken to secure your dream property.
- Have an attorney assess the deed and ensure there are no encumbrances on the property purchase
- Prepare the Sales and Purchase Agreement
- Apply for the non-citizen’s Landholding License, which is five percent of the purchase price (not applicable if you are buying property as part of the citizenship by investment process)
- While you wait for your license to be approved (it takes around five months), secure the property by paying a 10 percent deposit to the seller
- If working with an attorney, get them to register a restriction blocking others from dealing with the property without your consent
Alien Landholding License
Obtaining an Alien Landholding License (ALHL) is required for foreigners purchasing real estate in Antigua and Barbuda. The license is charged at a minimum of five percent of the property’s value. The process of obtaining the license is costly and can take between three and six months to complete.
CBI program real estate purchase
Please note that the process is slightly different if you buy property in Antigua and Barbuda as part of the citizenship by investment program. You must choose from a list of properties previously approved by the government.
The minimum value of the purchase must be $200,000, and ownership must be maintained for at least five years. If you prefer to invest in a tangible asset, you may prefer to invest in real estate. Furthermore, the property can be used to generate rental income, which is an attractive benefit for many investors. It is important to note that the closing costs will vary depending on the chosen property.
After obtaining your Landholding License (if applicable), you must close the deal by paying the remaining purchase price balance and stamp duty.
When considering Antigua and Barbuda transaction costs, factor in the following:
- Alien Landholding License fee – Five percent of the property’s value
- Stamp Duty – The buyer pays about 2.5 percent of the purchase price towards transfer charges, while the seller pays 7.5 percent
- Legal fees – Minimum two percent of the property’s value
- Insurance cover against risk – Two percent
- Commission fees – Generally five to seven percent of the purchase price and applicable when using the services of a real estate agent, accountant, attorney, or other professional during the purchasing process
- If you want to sell your property down the line, you’ll need to pay a seven percent stamp duty fee, two to three percent in legal fees, plus a five percent appreciation tax.
Property owners in Antigua and Barbuda are required to pay property tax. Property tax is usually charged at the market price point, and rates vary from 0.1 percent to 0.5 percent, depending on the property value and use.
Property tax also depends on whether you’re purchasing a plot of land — in which case you’ll be taxed a relatively low sum — or whether you’re levied on buildings and other residential property. Allowances and tax rebates apply.
Do note that if you’re a non-resident owner of undeveloped land, you must pay a land tax of 10 percent to 20 percent on the value of the land, depending on how long you’ve owned the plot. Similarly, a non-resident leasing out of properties on the island is subject to a 25 percent tax rate of the net rental income.
Why work with Global Citizen Solutions?
Seek specialized assistance for your property hunt
Did you know that as a boutique citizenship by investment consultancy firm, we work in Antigua and Barbuda? That’s right, we help investors acquire passports in Antigua and Barbuda, particularly for applicants interested in the property investment route.
With offices in Portugal, the United Kingdom, Hong Kong, and Brazil, our multilingual team guides individuals and families from start to finish, providing expert advice considering freedom, mobility, taxation, and security.
We’ve partnered with registered real estate agents in the twin-island nation and can help you with your property hunt and journey toward citizenship. Contact us today for more information.
Frequently Asked Questions about Antigua and Barbuda Real Estate
Why should I buy Antigua real estate?
Buying Antigua and Barbuda real estate means owning a property in a stable country with profitable returns thanks to its bustling tourism industry. If you purchase Antigua and Barbuda real estate shares through the citizenship program, you enjoy the right to own a passport with visa-free access to over 140 countries, generous tax exemptions for non-residents, and a well-performing property market.
Can foreigners own Antigua real estate?
Yes, foreigners can buy as many properties as they want in Antigua and Barbuda, and there are plenty of real estate listings to choose from. The country welcomes investment from overseas buyers and has set up an economic citizenship program to promote foreign investment in the nation.
There are no restrictions on foreign buyers acquiring land or building. The only thing to note is that foreign buyers must first apply for a non-citizen’s Landholding License. The license costs five percent of the property price.
Does Antigua have property tax?
Yes, you must pay property tax in Antigua. The rate is usually 0.1 percent to 0.5 percent of the property value.
How much does a home cost in Antigua?
The average cost of a home in Antigua ranges anywhere between $255,000 and $12,000,000, depending on the type of property and its location.