Antigua Nice

Antigua

About This Property

Investing in property in Antigua and Barbuda involves several financial and legal considerations that differ from many other markets, particularly for non-citizens. Understanding the full cost picture — from government transfer fees to withholding taxes — is essential before committing to a purchase or sale.

Property types and areas served

The island offers a wide variety of property types to suit different purposes and budgets:

Costs of purchasing property in Antigua

The key purchase costs for buyers are as follows:

Costs of selling property in Antigua

Sellers should factor in the following general costs when planning an exit from a property:

As an illustration, for a property valued at US$300,000, the total cost of selling in Antigua would fall between approximately US$40,500 and US$46,500.

Rental income and withholding tax

Owners who place their property on the rental market should be aware that rental commissions are payable to real estate agents to cover marketing costs — whether through online listings, overseas newspaper advertising or other channels, depending on the agency's approach. In addition, a withholding tax of 25% of net rental value is applicable to all non-resident property owners, payable to the Antiguan Inland Revenue. Net revenue is calculated after all allowable deductions.

Property management

Property management services are available for owners who are not resident on the island. Services typically include preparing the property for arriving tenants, handling maintenance issues during lettings, and liaising with local authorities on day-to-day matters such as utility payments and grounds maintenance.