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
What is happening in Antigua’s real estate market? Are prices on the rise or decline? Is Antigua still a prime destination for international buyers? How are local policies and taxes shaping the real estate landscape in 2025?
These are the questions we hear every day from professionals, buyers, and sellers, from St. John’s to English Harbour and beyond. Maybe you’re curious about these trends too.
We know this because we stay closely connected with local experts and individuals like you, exploring the Antigua real estate market daily. That’s why we crafted this article: to offer clear answers, insightful analysis, and a comprehensive view of market trends and dynamics.
Our aim is straightforward: to make sure you feel informed and confident about the market without needing to search elsewhere. If you think we missed something or could improve, we’d love to hear your feedback. Feel free to message us with your thoughts, and we’ll strive to enhance this content for you.
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1) The national real estate market will undergo a price correction with new developments emerging
In 2023 and 2024, Antigua, Guatemala, saw a boom in new housing developments, leading to more properties on the market.
When supply goes up, prices often go down, and Antigua might follow the trend seen in places like Mexico City and Buenos Aires, where oversupply led to price corrections.
Local real estate agents noticed that price growth slowed down, turning the market into a buyer's paradise where sellers had to be more flexible.
Buyers, having more options, were less willing to pay high prices, which often leads to a slowdown in price growth and can trigger a market correction.
Properties were sitting on the market longer, a sign that sellers might need to lower prices to attract buyers.
Experts predicted that due to the oversupply, property prices in Guatemala would rise more slowly, likely between 3% to 7% in 2025.
Source: Tim and Julie Harris
2) Antigua's real estate will attract more foreign interest with favorable tax policies and investment incentives
Foreign interest in Antigua's real estate is on the rise thanks to enticing tax policies and investment incentives.
One major draw is the Citizenship by Investment (CBI) program, which saw a 205% surge in applications in the first half of 2024. This spike highlights a growing trend among foreign nationals who see Antigua's real estate as a gateway to citizenship.
Antigua's tourism sector is thriving, with a 15% increase in overnight visitors in early 2024 compared to the previous year. This boom not only energizes local businesses but also fuels demand for real estate, especially in popular areas, making it a hot spot for investors.
Property tax rates in Antigua are another attractive feature, ranging from 0.1% to 0.5% of a property's assessed value. These rates are much lower than in many other countries, making Antigua a prime location for real estate investment.
For example, housing costs in Antigua are 48% cheaper than in Granada, Spain, and property prices are a staggering 11 times lower than in New York City. This affordability is a key factor drawing investors to the island.
Sources: Art on Capital, Golden Harbors
We made this infographic to show you how property prices in Guatemala compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
3) Demand for gated community properties will increase as security concerns grow
Crime rates in Guatemala, including Antigua, have been rising, especially in 2023 and 2024.
With a 6.7% increase in crime in 2022, people are understandably worried about safety. This concern is pushing more folks to consider gated communities, which offer a sense of security. These communities are not just about safety; they come with perks like recreational facilities and maintenance services, making them even more attractive to buyers.
Media reports often highlight the security issues in non-gated areas, which only adds to the appeal of gated living. Residents in these communities frequently share their positive experiences, emphasizing how much safer they feel. This word-of-mouth, along with media coverage, is nudging more buyers towards gated properties.
Real estate agents are noticing a trend: buyers are increasingly interested in gated communities because of the security they offer. It's not just about feeling safe; it's about the lifestyle that comes with it. The demand for these properties is on the rise, and it's easy to see why.
In gated communities, the combination of security and lifestyle amenities is a big draw. People are looking for peace of mind, and these communities deliver just that. The trend is clear: more people are choosing gated living for the added security and quality of life.
As crime rates continue to be a concern, the demand for properties in gated communities is expected to keep growing. It's a trend driven by the need for safety and the desire for a better living environment. Gated communities are becoming the go-to choice for those looking to invest in property in Guatemala.
Sources: InfoSegura, Que Pasa
4) Antigua's luxury beachfront villas will attract more interest with the growth of the tourism sector
Antigua's tourism sector is booming, drawing more visitors than ever before.
In 2023, Antigua welcomed over 2.5 million tourists, a remarkable 40.1% jump from the previous year. This surge continued into 2024, with a record-breaking 10% increase in visitors during the first half of the year. Such growth is turning heads, especially among those eyeing luxury beachfront villas.
With more tourists flocking to Antigua, the demand for luxury stays is on the rise. Existing high-end properties are seeing higher occupancy rates, as travelers seek out upscale experiences. Antigua's allure as a luxury hotspot is undeniable, attracting wealthy individuals eager to invest in premium real estate.
New luxury amenities, like eco-friendly resorts, are also making waves. These developments are pulling in environmentally conscious travelers and investors, further boosting Antigua's real estate market. The island's luxury properties are getting a lot of attention, thanks to increased media coverage and social media buzz.
As Antigua's tourism sector grows, the interest in luxury beachfront villas is expected to soar. The island's reputation as a top-tier destination is solidifying, making it a prime spot for those looking to invest in luxury real estate.
Source: Global Citizen Solutions
5) Dickenson Bay rental yields will rise as it gains popularity as a tourist destination
Rental yields in Dickenson Bay are on the rise as it becomes a hotspot for tourists.
Tourist numbers are booming, with the Antigua and Barbuda Tourism Board noting over 20,000 more visitors in the first half of 2024 compared to the same time in 2023. This influx is pushing up demand for places to stay.
As more tourists flock to the area, occupancy rates for local accommodations are climbing. This trend is part of a larger tourism boom, with visitor numbers up by more than ten percent from last year. Higher occupancy means property owners can charge more, boosting rental income.
Platforms like Airbnb are seeing a surge in short-term rental listings, signaling a growing demand for accommodations. This demand is set to increase rental yields as tourists look for places to stay in this sought-after location.
With demand and occupancy on the rise, average daily rental rates in Dickenson Bay are expected to climb. It's a typical pattern in popular tourist spots where high demand pushes prices up.
Investments in local tourism infrastructure, including new hotels and attractions, are enhancing the tourist experience. This makes Dickenson Bay even more appealing, which in turn drives up rental yields.
Expanding hospitality services like restaurants and recreational activities further boosts Dickenson Bay's allure, leading to even higher rental yields.
Sources: Global Citizen Solutions, Rustic Pathways
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6) Antigua's real estate is attracting more foreign buyers due to its citizenship by investment program
Foreign buyers are flocking to Antigua's real estate market, largely due to its Citizenship by Investment (CBI) program.
In 2024, the island saw a 205% jump in citizenship applications through real estate investments, with 739 people eager to take advantage of this opportunity. This surge highlights the growing appeal of Antigua's CBI program among international investors. Real estate agencies are buzzing with inquiries, especially from those eyeing luxury villas and beachfront properties.
Antigua's property prices are on the rise, ranging from $255,000 to $12,000,000, reflecting a robust and expanding market. This makes the island an attractive spot for investors looking for both value and potential growth. Many foreign investors are drawn to the CBI program because it not only offers citizenship but also visa-free travel to numerous countries.
Testimonials from investors often mention the CBI program as a key reason for choosing Antigua. The allure of citizenship combined with the island's natural beauty and lifestyle is hard to resist. The program is particularly appealing to those seeking a strategic investment with lifestyle benefits.
Antigua's real estate market is thriving, with the CBI program playing a pivotal role in attracting foreign interest. The island's charm, coupled with the benefits of citizenship, creates a compelling package for potential buyers. This trend is expected to continue as more investors recognize the unique advantages of investing in Antigua.
Sources: Arton Capital, Tisoro Global, Golden Harbors
7) Interest in eco-friendly homes will rise as environmental awareness increases
Interest in eco-friendly homes is on the rise as more people become environmentally conscious, especially in places like Antigua, Guatemala.
In Guatemala, the construction materials market is booming, with a value of USD 63.74 million in 2023. This growth is fueled by a demand for sustainable building materials, which are gaining popularity as people become more aware of their environmental impact. The market is expected to keep expanding at a rate of 6.6% annually, potentially reaching USD 113.54 million by 2032.
There's a noticeable uptick in the sales of sustainable materials like recycled products, low-carbon concrete, and sustainable timber. These materials not only make buildings stronger and more durable but also help in reducing the carbon footprint of construction projects. The presence of organizations like the Guatemala Green Building Council (GGBC) highlights the growing interest in sustainable design and construction practices.
Eco-friendly real estate developments are becoming more common in Antigua. The GGBC has played a key role in promoting sustainable design, with 24 LEED accredited professionals and 19 LEED registered and certified projects already in Guatemala. This trend shows that more people are seeking homes that are both comfortable and environmentally friendly.
In Antigua, the demand for eco-friendly homes is not just a trend but a reflection of a broader shift towards sustainability. The GGBC's efforts in promoting sustainable practices are evident in the increasing number of LEED projects, indicating a strong local commitment to environmental responsibility.
Sources: Expert Market Research, Trade.gov
8) Rental yields in southern Antigua will increase as these areas attract more expatriates
Rental yields in southern Antigua are set to rise as these areas become increasingly attractive to expatriates.
Why? Well, there's been a lot of investment in things like transportation, healthcare, and recreational facilities. These improvements make the area more appealing for living and renting, drawing in more expatriates.
In fact, the expatriate population in southern Antigua is growing. This is largely due to the country's expanding economy and better living conditions, making it a hot spot for those looking to relocate.
Another big draw is the presence of international schools like Island Academy International, which offers the International Baccalaureate Diploma Programme. This shows a rising demand for quality education that caters to expatriates, turning southern Antigua into a hub for international living.
Real estate market reports indicate that property values in southern Antigua are on the rise. As these values go up, rental yields are likely to follow, with more people willing to pay premium prices for desirable locations.
Sources: Expat Quotes, Island Academy
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Guatemala. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
9) Antigua's growing population will boost demand for affordable housing options
Antigua is seeing a population boom that's set to increase demand for affordable homes.
By 2025, Antigua's population could jump from 60,608 to 74,100, meaning more people will need places to live. This growth is part of a larger trend in Guatemala, where urbanization is on the rise. As more people move to cities like Antigua for better jobs and living conditions, the need for affordable housing is becoming more pressing.
Guatemala's urbanization rate is expected to hit 67.3% by 2025, and Antigua is likely to see a big chunk of this growth. People are leaving rural areas for cities, drawn by the promise of a better lifestyle and more opportunities. This shift is creating a strong demand for affordable housing in urban areas.
In the real estate market, there's a noticeable trend towards compact and affordable homes, especially among younger buyers. These buyers are increasingly choosing city life over the suburbs, driven by concerns about affordability and quality of life. This makes affordable housing options in places like Antigua more appealing.
For those considering buying property in Antigua, it's worth noting that the demand for affordable housing is not just a trend but a necessity driven by population growth and urbanization. As the city grows, so does the opportunity for investment in affordable housing, catering to the needs of a younger, urban-focused demographic.
With these factors in play, Antigua is poised to become a hotspot for affordable housing, offering potential buyers a chance to invest in a growing market. The city's expanding population and urbanization trends are key drivers of this demand, making it an attractive option for those looking to invest in real estate.
Sources: City Population, ReliefWeb, World Bank
10) Foreign buyers are increasingly purchasing vacation rental properties in Antigua, boosting the local market
Antigua is becoming a prime destination for foreign buyers interested in vacation rental properties.
With the tourism sector bouncing back, platforms like Airbnb and VRBO are seeing a notable increase in listings. Some properties even boast occupancy rates as high as 98% during peak holiday seasons, making it a lucrative opportunity for investors.
Foreign buyers are also attracted by Antigua's rich cultural heritage and exclusive lifestyle. The presence of international schools, hospitals, and businesses catering to expats ensures a steady influx of affluent buyers looking for vacation rentals.
Antigua's reputation as a luxury destination is further enhanced by media coverage, highlighting its pristine beaches and vibrant culture. This has led to a surge in demand for high-end properties, particularly from European investors eager to expand their portfolios.
The combination of these factors has spurred increased construction and development projects, aimed at meeting the growing demand for vacation rentals. This influx of foreign investment is boosting the local market and driving up property prices.
As a result, Antigua is seeing a transformation, with new amenities and developments that appeal to expats, further solidifying its status as a sought-after location for vacation homes.
Sources: Tim and Julie Harris, Tourism Review
11) International buyers find it easier to invest in Antigua through virtual tours and online property platforms
Virtual tours and online property platforms are revolutionizing how international buyers invest in Antigua.
In recent years, especially in 2023 and 2024, real estate agencies in Antigua have embraced virtual tour technologies. This shift means potential buyers can now explore properties in detail from anywhere in the world, without the need to travel. Imagine walking through a beachfront villa or a cozy hillside cottage, all from the comfort of your home.
The number of online platforms showcasing Antigua properties has surged. Websites like Rightmove, Prime Location, and Zoopla now feature a wide array of listings from Antigua and Barbuda. This growth has made it much simpler for international buyers to find and consider investing in properties in this beautiful region.
Surveys reveal that international buyers favor virtual tours when purchasing properties abroad. The convenience and comprehensive view these tours offer are unmatched, allowing buyers to make informed decisions without stepping foot on the island. It's like having a personal tour guide available 24/7.
There are countless success stories of property sales in Antigua, all thanks to virtual tours. These stories highlight how effective virtual tours are in sealing deals, making them a preferred tool for both buyers and sellers. It's a win-win situation, bringing the island's charm directly to your screen.
Sources: Best Antigua
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12) Interest in older, less energy-efficient homes is waning as buyers focus on sustainability
In Antigua, Guatemala, there's a growing buzz around energy-efficient and sustainable homes.
People are waking up to the benefits of renewable energy, and it's changing the housing market. Solar power is a big part of this shift. In 2023, solar energy accounted for over 17% of Guatemala's electricity, a massive leap from just 1.83% in 2022. This surge is thanks to cheaper solar tech and government incentives like tax breaks.
Younger buyers are at the forefront, seeking homes that are both affordable and eco-friendly. They want to save money and help the planet, a trend that's catching on globally. In Antigua, real estate listings are catching up, showcasing energy-efficient features to meet this demand.
These listings highlight the long-term savings on energy bills, which is a big draw for buyers. The focus is on homes that offer reduced energy consumption, appealing to those who prioritize sustainability.
There's a noticeable decline in interest for older, less efficient homes. Buyers are more interested in properties that align with their values and offer environmental benefits.
Sources: Green Global Travel, BCIE
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.