Buoyant Antigua Tourism Drives Luxury Real Estate Market
The luxury real estate sector in Antigua is currently thriving, thanks to several key factors. According to local real estate agents, this surge is largely driven by the island?s robust tourism, a scarcity of high-end homes, a stable government and economy, and convenient access from North America and Europe.
Antigua, a popular destination within the English-speaking Caribbean, saw a significant uplift in tourism in 2023, welcoming 282,896 visitors?a 6.3% increase from the previous year. The allure of Antigua is not just its stunning vistas and cultural richness but also its strategic position as a hub in the eastern Caribbean. The modern international airport further facilitates easy travel, enhancing its attractiveness to potential real estate investors.
The island?s property market caters predominantly to North American and European buyers and Antigua?s thriving villa rental sector makes it an appealing location for those looking to invest in second homes or buy-to-let properties. Notably, the post-Covid era has witnessed a strong rebound in property prices across various locations. The influx of long-term digital nomads during the pandemic, many of whom have now opted to invest in local properties, underscores the ongoing demand.
Antigua is renowned for its vibrant yachting scene, hosting several internationally acclaimed sailing events annually, and boasts world-class hotels, restaurants, marinas, and medical and financial services. Such comprehensive ...
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Crafting Light and Shadow with Sabine Marcelis’s Lokum Collection
08-05-2024 08:56 - (
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