The luxury real estate market in Antigua is strong, say agents.

The luxury real estate market in Antigua is currently booming, according to industry experts.

According to Lauxury Travel Margazine, agents have noted that the market’s success can be attributed to various factors, including a bustling tourism industry, a stable government and economy, easy international access from both North America and Europe, and a shortage of luxury homes available for purchase.

Antigua is a highly sought-after destination for high-end buyers in the English-speaking Caribbean, and tourism figures in 2023 have been the highest on record.

With 282,896 visitors, a 6.3% increase from the previous year, it is clear that Antigua’s popularity is only growing. Furthermore, Antigua’s properties are attractive to North American and European buyers alike, and the strong villa rental market has made second homes and investment properties appealing as buy-to-lets.

Many buyers have been drawn to Antigua’s post-Covid bounceback, with prices rising strongly in many locations.

In addition, the island’s increased international air connections and new restaurants and five-star hotels have driven demand even higher.

Antigua is the hub of the eastern Caribbean, with a modern international airport that offers easy access for many buyers and investors. The island has long been known for its yachting culture, with several internationally famous sailing races and regattas taking place annually.

There are world-famous hotels on Antigua and Barbuda, and a highly developed range of facilities including restaurants, marinas, shopping, medical and financial services.

Rufus Gobat, Sales Director at Pearns Point told the magazine that the top end of the Antigua property market remains strong, with demand outpacing a fairly restricted supply of genuine beachfront property opportunities such as Pearns Point.

Water and beachfront properties are in highest demand, with land plus villa options being popular among buyers who want to tailor-make their dream villa on the best locations with the help of an on-island team to assist with planning, design, and construction.

Looking to the future, Gobat anticipates that demand will continue to grow as Antigua and the Caribbean in general remain one of the safest and most desirable regions in the world, with year-round good weather, ease of access, a superb tourism industry, and a very stable economy.

Pearns Point, in particular, offers buyers a rare and exciting opportunity to own a property in one of the Caribbean’s most stunning developments.

The community of luxury homes being built on a spectacular peninsula on the west coast of Antigua, which is joined by a natural causeway, is an area of outstanding natural beauty, surrounded by eight idyllic and secluded beaches.

Buyers have a choice of Beachfront, Oceanfront, or Ocean view lots, each offering unrivalled seclusion and spectacular vistas across the iridescent turquoise sea.

The development is conveniently located near some of Antigua’s main attractions, with the restaurants and shops of Jolly Harbour just a 10-minute drive away, the capital St John’s just 20 minutes away, and the international airport just 30 minutes away.

With prices starting from US$2,017,990 for a 31,046 sq. ft. Oceanfront lot and US $3,217,990 for an Oceanfront lot with a villa, Pearns Point offers the chance to own a piece of paradise in one of the most sought-after destinations in the world.

Buyers may also design and build their own dream home on their chosen plot or choose to use the Developer’s Lot + Villa programme, which helps buyers build a predesigned villa style and make use of the developer’s experience, professional team of architects, and contractors who understand international quality levels.