What is the outlook for the real estate market in Antigua?

Authored by the expert who managed and guided the team behind the Guatemala Property Pack

Yes, the analysis of Antigua's property market is included in our pack

Who is the author of this content?

THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Antigua. If you'd like to learn more about us, you can check our presentation page.

How this content was created 🔎📝

At The LatinVestor, we explore the Guatemalan real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Antigua, Guatemala City, and other key markets. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What's the current average price per square foot for residential and commercial properties in Antigua?

As of September 2025, residential property prices in Antigua vary significantly based on location and property type.

Historic colonial homes average $500-800 per square foot, while modern good-class properties command around $660 per square foot. Luxury beachfront villas reach the highest prices at up to $1,250 per square foot, reflecting the premium for oceanfront locations and high-end amenities.

The official average per square meter stands at $1,680 (equivalent to $156 per square foot), but this figure primarily reflects lower-end properties and doesn't capture the prime tourist and luxury segments where most foreign investment occurs. Properties in sought-after areas like English Harbour and Jolly Harbour consistently trade above these averages.

Commercial properties show wider price variations, with listings in St. John's ranging from $666-850 per square foot. Prime commercial locations command $800+ per square foot, particularly those with high foot traffic or marina proximity.

It's something we develop in our Guatemala property pack.

How have property prices in Antigua changed over the past 12 months, and what's the forecast for the next year?

Antigua's residential property market has shown robust growth over the past 12 months, with prices appreciating 5-8% year-over-year.

Sought-after neighborhoods have experienced even higher appreciation rates, particularly those with marina access or historic significance. The growth has been driven by a combination of limited supply, strong tourism recovery, and increased foreign buyer activity through the Citizenship by Investment Program.

For 2026, property prices are expected to rise 3-7% year-over-year, with prime areas like English Harbour and Jolly Harbour likely to see the highest growth rates. The forecast is supported by ongoing infrastructure upgrades, continued tourism expansion, and persistent supply constraints.

Entry-level inventory under $1 million is becoming increasingly scarce, with most properties in this segment selling quickly upon listing. This supply shortage is creating upward pressure on prices across all market segments, though luxury properties are showing the strongest appreciation potential.

Which areas in Antigua are seeing the fastest price growth right now?

English Harbour leads Antigua's price appreciation as the premier yachting hub and historic district.

This area commands premium prices due to its UNESCO World Heritage status, world-class marina facilities, and concentration of luxury amenities. The combination of limited developable land and high demand from international yacht owners creates strong upward price pressure.

Jolly Harbour follows closely, benefiting from its vibrant marina community, championship golf course, and comprehensive resort amenities. The area's appeal to both vacation home buyers and rental investors has driven consistent price appreciation above market averages.

Cedar Valley shows steady growth due to its central location and residential appeal, making it attractive to both locals and expatriates seeking primary residences. West Coast and marina-side areas throughout the island are experiencing rapid price increases due to severe supply shortages and strong buyer interest from the tourism and boating communities.

What are the current rental yields by property type and area?

Property Type	Location	Gross Annual Yield
Vacation Villas	English Harbour	6-8%
Marina Condos	Jolly Harbour	5-7%
Luxury Properties	West Coast	4-6%
Studio Apartments	St. John's	4-5%
Colonial Homes	Historic Center	3-5%
Beach Properties	Various Coastal	5-8%
Gated Community	Cedar Valley	3-4%

How is demand versus supply trending for different property types in the short term?

Demand significantly outpaces supply across most property segments in Antigua's market, creating a seller's market environment.

Turnkey properties under $1 million face the most severe supply constraints, with inventory extremely limited and properties selling quickly upon listing. This segment attracts both first-time buyers and investors seeking entry-level opportunities, but new construction isn't keeping pace with demand.

Short-term rental properties experience particularly high demand as tourism recovery accelerates and remote work trends continue. Foreign buyers seeking vacation homes and investment properties drive much of this demand, supported by the island's political stability and favorable investment climate.

Developers are responding by focusing on off-plan and pre-construction projects, though strict building regulations in historic areas and coastal zones limit new supply. The combination of zoning restrictions and environmental protections helps maintain property values but constrains market supply, particularly for beachfront and historic properties.

What are the main drivers influencing Antigua's real estate market over the next 1–3 years?

1. **Tourism Recovery and Growth**: With tourism contributing over 60% of GDP, the sector's continued expansion directly drives both rental demand and property purchases from visiting investors.2. **Citizenship by Investment Program**: The CIP attracts foreign buyers seeking global mobility, requiring minimum real estate investments of $300,000 in approved developments.3. **Remote Work and Lifestyle Migration**: Digital nomads, retirees, and expatriates increasingly choose Antigua for its stable government, English-speaking environment, and tax advantages.4. **Infrastructure Investment**: Ongoing improvements to roads, utilities, and marina facilities enhance property values and accessibility across the island.5. **Limited Supply Constraints**: Strict building regulations in historic centers and coastal zones, combined with environmental protections, maintain upward pressure on prices by limiting new development.

What's the expected outlook for the market in the medium term (3–5 years) and long term (5+ years)?

The medium-term outlook for Antigua's real estate market remains highly positive, with annual price increases of 5-8% expected over the next 3-5 years.

Supply will remain constrained due to strict zoning regulations and limited developable land, particularly in prime coastal and historic areas. Transaction volume is forecasted to increase approximately 10% annually as the market matures and more international buyers discover the opportunities.

Long-term prospects (5+ years) show continued strength based on fundamental drivers including ongoing international demand, tourism expansion, and Antigua's growing reputation as a premium lifestyle destination. The market shows no signs of speculative bubbles, as growth is underpinned by genuine demand from end users and serious investors.

Climate resilience and sustainable development practices are becoming increasingly important factors, with eco-friendly properties expected to command premium pricing. The government's commitment to maintaining political stability and favorable investment policies supports long-term market confidence.

Which neighborhoods are best positioned for capital appreciation in the next few years?

English Harbour and Jolly Harbour lead the list for expected capital appreciation due to their established luxury markets and limited supply.

English Harbour benefits from its historic significance, world-class yachting facilities, and UNESCO protection status that prevents oversupply. The area attracts ultra-high-net-worth individuals seeking unique properties with heritage value, creating strong pricing power.

Jolly Harbour offers the most comprehensive resort amenities including golf, marina, and beach access, making it attractive to both vacation home buyers and rental investors. The planned expansion of marina facilities should further enhance property values.

Cedar Valley and Falmouth Harbour represent excellent long-term opportunities for residential buyers and families, offering more moderate pricing with solid appreciation potential. The Historic Center, with its colonial architecture and strict development regulations, provides unique investment opportunities for those seeking properties with cultural significance and limited supply characteristics.

What's the recommended budget range for buyers looking to live in Antigua versus those aiming to rent out or resell?

Buyers seeking primary residences should budget from $150,000 for colonial homes requiring renovation up to $1 million for premium restored properties.

Entry-level condominiums suitable for living start around $100,000-300,000, offering modern amenities and often resort-style facilities. For those seeking luxury primary residences, villas range from $850,000 to $2 million+, particularly those with ocean views or marina access.

Investors targeting rental properties should focus on the $300,000-650,000 range for condominiums in established tourist areas or gated communities. These properties typically offer the best balance of acquisition cost, rental potential, and management ease.

High-yield vacation rental investments require $400,000-900,000 budgets, targeting properties with ocean views, beach access, or proximity to marinas. These properties can achieve premium nightly rates and strong occupancy during peak tourist seasons, justifying the higher initial investment.

It's something we develop in our Guatemala property pack.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Guatemala versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

Which property types are most in demand right now for living, renting, and resale purposes?

Colonial homes dominate demand from buyers seeking primary residences, offering authentic Caribbean architecture and historic charm.

Modern condominiums attract both residents and investors due to their turnkey nature, resort amenities, and lower maintenance requirements. Sustainable and ecologically built houses are gaining popularity among environmentally conscious buyers who value green building practices and energy efficiency.

For rental purposes, vacation villas command the highest rates and occupancy, particularly those with private pools, ocean views, or beachfront access. City-center apartments serve the growing market of digital nomads and business travelers, while marina-side condominiums appeal to the yachting community.

Resale demand focuses heavily on properties eligible for the Citizenship by Investment Program, which must meet specific criteria and minimum investment thresholds. Beachfront real estate and units in high-growth communities consistently show strong resale performance due to their scarcity and universal appeal to international buyers.

What legal or tax considerations should a buyer be aware of when purchasing in Antigua?

Non-residents can purchase property in Antigua, but transactions require government approval and may involve specific licensing requirements for foreign buyers.

Transaction costs typically range from 5-10% of the property purchase price, including registration fees, notary costs, and government duties. These fees vary based on property size, location, and value, so buyers should budget accordingly for closing costs.

Annual property tax rates for non-residents generally range from 5-10% of the assessed property value, significantly higher than rates for residents. There is no capital gains tax for individuals, making Antigua attractive for property investment and resale.

Citizenship by Investment Program participants must invest a minimum of $300,000 in approved developments and maintain ownership for specific periods. This program requires careful compliance with government regulations but offers significant benefits including visa-free travel to over 150 countries and potential tax advantages.

Based on current trends, where and what should an investor buy today to maximize returns?

Beachfront villas offer the highest potential for both capital appreciation and rental yields, commanding premium prices from luxury travelers and vacation home buyers.

Eco-friendly and sustainable resort properties are increasingly sought-after by environmentally conscious travelers, creating a growing niche market with premium pricing potential. These properties often qualify for special incentives and appeal to the growing sustainable tourism segment.

Properties with ocean views consistently outperform the market due to their universal appeal and limited supply. Off-plan and new build projects offer opportunities to enter at lower initial prices while benefiting from modern amenities and tight market supply upon completion.

The most trusted neighborhoods for investment remain English Harbour, Jolly Harbour, prime West Coast locations, and new gated communities near marinas. These areas combine proven track records with ongoing development and infrastructure improvements that support long-term value appreciation.

It's something we develop in our Guatemala property pack.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

1. Aparthotel.com - Antigua Barbuda Analysis
2. Golden Harbors - Antigua Real Estate Investment
3. Apex Realtors Antigua - Commercial Properties
4. The LatinVestor - Antigua Price Forecasts
5. The LatinVestor - Antigua Property
6. The LatinVestor - Antigua Real Estate Forecasts
7. LinkedIn - Antigua Real Estate Market Update
8. JMVI Realty - Top Areas to Buy in Antigua
9. JH Marlin - Antigua Investment Guide
10. Global Citizen Solutions - Antigua Real Estate