There are two types of people. Those who dream about having an island getaway all to themselves and the ones who make it happen. Whether you are looking for a small piece or a large piece of a Caribbean paradise, Antigua is the best place to be.
What You Can Expect
Since they are not making land the way God used to, it?s about time you get a piece of God?s earth to call your own. On any piece of land in Antigua, you get magnificent views of God?s creation stretching from one end to another.
And nature is not just the only gorgeous part as the entire culture itself is one of wonder. Events such as the Antigua Carnival will be a prime example of that.
What You Will Pay For
Just like any real property market in the world, the costs of investing in property in Antigua depend on many factors of which the most vital is location, location, location. Of course, you also need to take in to consideration things like architecture style and spaciousness.
There are also some government-imposed fees that you will have to pay. These fees are related to the property that you buy. There is the Alien Landholding License which is five percent of the property value, stamp duty which is two and a half percent, and the legal fees which are around one to two percent of the property value.
When it is all taken into consideration you may very well find yourself paying up to a quarter of the property value, just in fees and transaction costs alone. These are things to consider when shopping for the perfect property as it is always going to cost you more than the sticker price.
What You Need To Do
Even though it may start to sound like a lot to deal with, investing in property in Antigua really is not too complicated, especially since the government welcomes foreigners to buy land.
While though you are welcomed to buy land, you still have to go through the standard procedures, which includes that Alien Land Holding License before the buy can be completed. Since this process takes around three months, you can always explore the island and get to know the place a small better.
While some people reckon that Barbuda would be a fantastic place to buy instead of Antigua, reckon about. The Barbuda government prohibits such sales.
Since dealing with the government and the buy of real estate can be confusing to the average person, it may be a wise choice to hire a property management company to help you through the process. The property management company will handle all of the fine details of the buy for you.
Once you have the deeds to the house and the land it is time to consider what your next step is. Is it to redecorate the house or to landscape the yard? No, it is to simply delight in your newly bought island paradise and relax some.
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