The Safest, Most Desirable Regions in the World.
According to real estate brokers, Antigua's luxury real estate market is booming. The success may be attributed to a number of factors, including a thriving tourism industry that consistently drives demand, a dearth of high-end housing options, a strong and stable government and economy, and convenient international access from both Europe and North America.
With record-breaking travel numbers in 2023, Antigua has emerged as one of the Caribbean's most sought-after high-end destinations for English speakers. A total of 282,896 tourists visited Antigua and Barbuda in 2023, up 6.3% from the previous year.
Pearns Point Peninsula
Due to the country's robust villa rental market, villas in Antigua are attractive as buy-to-lets or second homes for investors from North America and Europe. Real estate values have recovered sharply in the wake of the COVID-19 pandemic, and many of the "digital nomads" who made their homes on Antigua during the pandemic have since invested in Island real estate. An increase in foreign flights, together with the opening of several high-end eateries and hotels, has contributed to the surge in demand.
Many buyers and investors find Antigua's sophisticated international airport to be a convenient point of entry because of the island's central location in the eastern Caribbean. Several world-renowned sailing races and regattas are held every year in Antigua, making it the Caribbean hub for yachting for a long time. Among Antigua and Barbuda's many developed amenities are hotels that have won awards across the world. Other services include marinas, shopping, restaurants, banks, and medical care. Investing in Antigua is simple, and the country offers a number of attractive options, including the chance to own exclusive freehold properties like Pearns Point.
Rufus Gobat, Sales Director at Pearns Point, says: “The top end of the Antigua property market remains strong, with demand outpacing a fairly restricted supply with very few genuine beachfront property opportunities such as Pearns Point available.
“Like everywhere in the world, the main criteria for any property purchase in Antigua is location. Beach and oceanfront properties are always the most in demand. The protected west coast of Antigua offers the best beaches, calmest seas, and good access to a wide range of facilities, such as marinas, bars, and restaurants, as well as shops. The South coast of the island also offers many great options with the best yachting facilities, offshore islands with great restaurants, beaches and in Nelsons Dockyard, a UNESCO World Heritage Site.”
Rufus continues: “As ever, water and beachfront properties are in highest demand. Land plus villa options are popular, whereby the buyers can completely tailor make their dream villa on the best locations with the help of an on-island team to assist with planning, design, and construction. The properties should be located in desirable tourist areas to ensure rentability and capital growth. Gated and secure developments are also always sought after.
In terms of future prospects, Rufus says; “We anticipate demand will continue to grow as Antigua and the Caribbean in general remain one of the safest, most desirable regions in the world, with year round good weather, ease of access, a superb tourism industry, and a very stable economy. We will see a great deal of construction and development on Pearns Point in 2024, and enquiries continue to rise. Purchasers in the right location will realise good capital growth with solid, proven rental returns along the way and, of course, an incredible lifestyle investment.”
Among the Caribbean's most breathtaking projects, Pearns Point in Antigua presents a once-in-a-lifetime chance for purchasers to own a piece of paradise. There are now five super villas in the works, with two of them finished.
An exquisite peninsula on Antigua's western coast is the site of the new luxury house development, which will be connected to the mainland by a natural causeway. Surrounded by eight picturesque and isolated beaches, the peninsula has the atmosphere of a national park and is a place of exceptional natural beauty. Buyers can choose from beachfront, oceanfront, or ocean view lots, all of which provide unparalleled seclusion and breathtaking views of the iridescent turquoise sea.
Pearns Point, a haven on the beach, is near the island's top attractions while still maintaining its seclusion. Just a short drive brings you to Jolly Harbour's restaurants and shopping, St. John's, the capital, and the international airport, all within a handy 30-minute drive.
On this extraordinary peninsula, you may find an extraordinary assortment of properties for sale. Customers have the option to build their dream home from the ground up on a plot of land they've selected, or they can take advantage of the developer's predesigned villa style and work with the developer's experienced team of architects and contractors who are familiar with international quality standards through the Developer's Lot + Villa programme.
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