Top 5 Areas to Buy Real Estate in Antigua: Where Locals and Expats Are Investing
Antigua, nestled in the heart of the Caribbean, is rapidly emerging as a prime destination for real estate investment. Renowned for its powdery white-sand beaches, turquoise waters, and relaxed island ambiance, this tropical paradise is capturing the attention of investors seeking both luxury and long-term value.
Whether you’re a local looking to upgrade your lifestyle or an expat dreaming of island living, knowing where to invest is key. From luxury resorts to quiet residential communities, Antigua offers something for every kind of buyer. Let’s dive into the top five areas that are attracting both locals and foreign investors.
English Harbour: The Historic and Luxurious Choice
English Harbour is arguably the most iconic and sought-after area in Antigua. Steeped in British colonial history, it’s not just a hub for yachting—it’s a lifestyle destination.
Why Invest Here?
Tourist appeal: With Nelson’s Dockyard, marinas, and high-end restaurants, this area is buzzing with activity, especially during the yachting season.
Rental potential: Short-term rentals in English Harbour can fetch premium prices, particularly during Antigua Sailing Week.
Scenic views: Hillside properties offer panoramic views of the bay, attracting high-net-worth individuals.
Who’s Buying?
Wealthy expats, retirees, and investors focused on vacation rentals dominate this market. It’s a luxury hotspot, ideal for those who want an elegant island lifestyle.
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Jolly Harbour: The Marina-Front Living Experience
Jolly Harbour is Antigua’s largest residential marina and a top choice for those who want a blend of boating and beach life.
Why Invest Here?
Waterfront properties: Many homes have private docks—perfect for boat lovers.
Community amenities: Includes a golf course, supermarket, gym, and restaurants, making it ideal for long-term living.
Security and convenience: It’s a gated community, popular with families and retirees.
Who’s Buying?
Expats from Europe and North America are particularly drawn to Jolly Harbour for its “ready-to-live” infrastructure and laid-back vibe. It’s also a favorite among sailing enthusiasts.
Cedar Valley: The Peaceful Suburban Investment
Cedar Valley is known for its upscale residential neighborhoods and proximity to the capital, St. John’s. It’s an excellent option for families and professionals.
Why Invest Here?
Close to the city: Easy access to schools, hospitals, and businesses in St. John’s.
Golf course living: The Cedar Valley Golf Course adds value to the properties around it.
Stable growth: Prices in Cedar Valley are steadily increasing due to its central location and peaceful ambiance.
Who’s Buying?
Primarily upper-middle-class locals and expats seeking a balance between city life and quiet living. It’s also becoming popular with returning Antiguans from the diaspora.
Hodges Bay: The Upmarket Beachfront Alternative
Located on the northern coast, Hodges Bay is an emerging luxury enclave with boutique resorts and pristine beaches.
Why Invest Here?
High-end developments: Home to luxury villas and condos, including branded residences like The Hodges Bay Club.
Tourist-friendly: Ideal for short-term rental investments due to its beach access and resort lifestyle.
Quiet luxury: Offers exclusivity without the tourist crowds of English Harbour or Jolly Harbour.
Who’s Buying?
Luxury-seeking expats and real estate investors eyeing the rental market. It’s ideal for those wanting both a private escape and a profitable property.
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Falmouth: The Trendy, Yet Affordable Gem
Often considered the more affordable cousin of English Harbour, Falmouth is rising in popularity thanks to its proximity to luxury spots while offering better value.
Why Invest Here?
Upcoming neighborhood: Prices are still relatively reasonable, with a high potential for appreciation.
Access to yachting lifestyle: Just a stone’s throw from the marinas in English Harbour.
Local charm: A mix of expats and locals makes this area feel authentic and vibrant.
Who’s Buying?
First-time investors, young professionals, and those priced out of English Harbour. Falmouth is ideal for mid-range buyers who want proximity to action without the premium price tag.
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Conclusion: Where’s Your Slice of Paradise?
Buying real estate in Antigua isn’t just a financial investment—it’s a lifestyle upgrade. Whether you’re looking for luxury, community living, city convenience, beachfront serenity, or an up-and-coming neighborhood, Antigua has it all. These five areas represent the best the island has to offer in terms of real estate potential, lifestyle perks, and long-term value. Whether you’re a local upgrading your life or an expat chasing that Caribbean dream, you’re bound to find your perfect fit here.
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FAQs
Can foreigners buy real estate in Antigua?
Yes, foreigners can purchase property in Antigua. However, they must obtain a Non-Citizen Landholding License (NCLL), which is typically 7% of the purchase price.
Is Antigua real estate a good investment?
Absolutely! With a stable government, attractive citizenship by investment program, and growing tourism industry, Antigua offers a strong return on real estate investments.
What are the property taxes like in Antigua?
Antigua has relatively low property taxes. There’s a one-time transfer tax calculated as 2.5% of the value of the Property as assessed by the Inland Revenue Department and a modest annual property tax, making it attractive for long-term investors.
Are there financing options available for buying property?
Yes, but they’re limited. Most real estate transactions are cash-based, though a few local banks do offer mortgages to foreigners with strict conditions.
Which area is best for rental income?
English Harbour and Jolly Harbour tend to generate the highest short term rental income, especially during peak tourist seasons due to their appeal to vacationers and yachties. The North of the island is very appealing for long term rentals.
Looking for the perfect rental in Antigua? Contact JMVI Realty today and let our local experts help you find your ideal property in paradise!
