Beach villa in new project

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Antigua & Barbuda, Falmouth Harbour
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274 m² — 407 m²
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2—5 Bedrooms
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2—5 Baths
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ID AG7287

$1,600,000 — $2,850,000

274 m² • $5,839.42+ m²
Elena KozyrevaExpert on real estate and citizenship by investment in Antigua & Barbuda
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Antigua and Barbuda Citizenship

$300,000+6+ months

The property is approved by the Antigua and Barbuda Government for the citizenship by investment program.

Learn more

Cost

Property cost

$1,600,000 — $2,850,000

Price for m²

$5,839.42 — $7,002.46

Distances

Ocean 50 m
Infrastructure 500 m
Airport 22 km

Yield and management

Yield

2-4%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is represented by a complex on the Caribbean Sea, consisting of 12 houses on the first line from the ocean. It is located in the Falmouth Harbor area, just a few minutes' walk from English Harbor, where the project's pier is located. All the attractions of the southern tip of Antigua are in close proximity. The distance to the nearest university is 6 km, and there are several other universities 18 km from the complex. There are 5 types of villas for sale from 2 to 5 bedrooms. Each villa has a private pool.

The design team has prepared finishing and furnishing options, which can be changed if the owner wishes. The owner can also hire his own interior designer. A custom furnishing package costs $150,000.  Furniture imports into Antigua are taxed at 50%, but the developer has special incentives so their furniture packages are about half the price the owner would pay if he imported the furniture himself. The developer offers high quality from reliable suppliers from North America and Europe. The kitchen and utility room are equipped with all necessary household appliances. Covered porches allow you to feel like you're spending most of your time outdoors. The landscaping team created separate paths leading to the beach and also planted abundant tropical vegetation around the houses, which will grow until late summer. Four houses should be delivered by the end of 2023. The developer has its own property management team, which will take care of your home if desired, offering regular and transparent reporting.

There are no property management fees, but there is a homeowners association. The homeowners' association agreement clearly states that annual owner dues are made on a transparent cost-recovery basis, meaning an account is kept of any utilities each year. We expect annual fees to be around $6,000 per home. The construction of each villa will take 10-11 months.

Real estate

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

11 month from the date of signing of the contract

Design features

Ownership

Characteristics

Total area

274 m² — 407 m²

Plot area

1,044 m² — 1,455 m²

Number of storeys

1

Bedrooms

2—5

Baths

2—5

Parking

Yes

View

Mountain, Ocean, Plot, Pool, Garden

Properties

Covered deck
Open deck
Private pool
Garden on the plot
Internet
TV

Location

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