Antigua Real Estate: General Information
Antigua is an independent nation situated in the southern
Leeward Islands, north of Guadeloupe and east of St. Kitts and Nevis. The island
is English speaking and the US dollar is widely accepted. With direct flights from
many international cities, property for sale in Antigua is very accessible and a
good option for buyers in need of convenience. It is a large island with a respectable
assortment of landscapes, landmarks, cuisine and some nightlife. The atmosphere
enveloping villas for sale in Antigua is peaceful and private, with a focus on its
healthy beach and sailing cultures, showcased during its annual regattas.
- Non-citizens' landholder license: 5% of the purchase price, paid to the government
- Stamp duty and transfer fees: shared between the buyer and seller, who pay approx.
2.5% and 7.5% of the purchase price, respectively
- Legal fees: between 1-2% of the purchase price
- Most properties are fee simple or freehold
- A withholding tax of 25% on net rental income for non-residents
- Financing is available for 70-90% of the purchase price over terms of 15-30 years;
interest rates vary between 8-12%
This material is based upon information which we consider reliable, but because
it has been supplied by third parties, we cannot represent that it is accurate or
complete, and it should not be relied upon as such. These offerings are subject
to errors, omissions, changes, including price, or withdrawal without notice.