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Dream Property in Antigua At present, about
70,000 persons make Antigua their home. A
little more than half of this population
were born in Antigua, the rest have
adopted it. Some of these are tourists
and transients, who came here to enjoy
the sunshine, sea, surf and beaches that
Antigua is blessed with, and decided to
have a home here. Many newcomers have a
dream of a property in Antigua, and some
turn that dream into a reality
perhaps you are one!
Turning
dreams into reality
Whether
you are a visitor or Caribbean person
resident abroad, if you are dreaming of a
"Little bit of Paradise" and
wish to know more about property in
Antigua, youll be glad to know that
your dreams are likely affordable and can
become reality read on.
Among the many factors
that make Antigua attractive is that it has no
inheritance taxes. However, the Caribbean lifestyle,
friendly people, and attractive settings are the main
reasons why many people wish to make it home.
A
variety of affordable homes
The first
offices of Caribbean Properties Limited,
now Re/Max Antigua Ltd., were located
on Fort Road in a charming four-bedroom
"Bee Wee" cottage, which is now
a veterinary clinic. With verandah,
pitched hip roof and fret-work, this
house is characteristic of the West
Indian style of architecture. It is this
type of house, made of wood or brick that
most Antiguans live in. Derived from the
original "Chattel House", these
homes, when built of wood, may be
constructed at one location, and easily
transported to another site. Many dreams
have come true by renting or owning a
simple, tasteful, charming West Indian
cottage.
Along
these lines, Marshes Village in Falmouth
has about 20 one, two and three bedroom
homes which visitors and permanent
residents can rent. These are affordable
homes in the Caribbean village
environment.
The
concept of the affordable home is being
promoted and supported by the Government.
There are several companies competing for
this business with new materials and
building innovations being offered. Force
10 Homes from Australia have introduced a
prefabricated cement panel and galvanized
steel technology, while Affordable Homes
Limited are using the Canadian Royal
Building System. Prefabricated Dominica
homes of Brazilian hardwood can also be
seen all over the island.
An
affordable home on freehold land can be
acquired from US$25,000 to US$100,000
depending on location, amenities,
interiors, roofing materials, doors,
windows, size of building, etc.
Tips
from Caribbean Style
Caribbean
Style, ISBN0-500-23455-8, first published in 1985,
is required reading for
anyone acquiring or building property in
Antigua. The photographs in this book
illustrate the rich variety of design.
They also demonstrate the full cycle of
design from the Georgian Period
Plantation House to the Chattel House and
the influence on architecture across the
price spectrum.
Caribbean
Style states that "the peaked
roof is the most important element of
architecture in Caribbean life. Like a
large umbrella, it protects the occupants
of the house from the sun as well as the
rain, and represents a sense of
security." In the Caribbean, we
spend a lot of time living outdoors so
the covered porch or verandah, balconies
and landscaped patios and gardens are
important considerations to our
lifestyle".
The
Caribbean mobile home - has sails, not
wheels!
Mobile
homes or caravans are seldom seen in the
Caribbean. In their stead, in Antigua
sail and power vessels are the mobile
home of choice. Chris Doyle in his Cruising
Guide states : "No country in
the Leeward Islands offers the range and
number of really good anchorages as those
in Antigua and Barbuda. You could cruise
for two weeks without stopping in the
same anchorage twice."
A few
people live aboard their yachts in
Antigua, some with children attending
local schools. English Harbour, Falmouth,
Parham and Jolly Harbour are the best and
safest locations for live aboards.
Prices
range from as low as US$5,000 to the
multimillion dollar yachts of the rich
and famous that make Antigua home.
Antigua registered yachts are amongst the
finest in the world. For information on
purchasing or chartering contact
Nicholson Caribbean Yachts Sales (1-268
460-1093) or Yachting Caribbean (1-268
460-7468).
Homes
under US$250,000
Construction
costs for homes vary with materials,
location and design. Most homes in
Antigua are kept cool by pitched roofs,
adequate overhangs and good ventilation.
Cisterns for storing water are required
under the building code and septic tanks
are common. Most common construction
costs are US$80 to US$120 per square
foot. Land costs range from US$2 to US$15
per square foot, depending on such key
considerations as location, view,
amenities and services available.
For most
homes in this price range, land costs are
US$75,000 or less, leaving the balance of
US$175,000 or more for the home, pool,
landscaping and furnishings. Usually
these homes are 1,500 to 2,500 square
feet (to convert to square metres, divide
by ten).
The
attached waterfront townhouses of Jolly
Harbour start at US$131,000 with some two
and three bedroom detached waterfront
models offered at US$250,000. Caribbean
styled homes at Cedar Valley Springs are
offered from US$175,000 to US$250,000
while the Friars Hill Development also
has new homes in this price range.
Homes
under US$1 million
There is a
fair selection of these properties
available. Three hilltop homes at the St.
Jamess Club changed hands in 1998
for between US$600,000 to US$895,000. At
Jolly Harbour a beachfront house sold for
US$700,000.
What can
you expect for the additional money?
Generally more land, better amenities and
services, upgrade of building materials
for roofs and floor tiles, better
bathrooms and kitchens, larger pools,
landscaping, etc. and most important -
location, location, location.
Multi-Million
Dollar Properties
For the
rich and famous you bet! A fair
share of celebrities make Antigua their
home. We will leave you to discover who
they are since most celebrities prefer to
blend in and enjoy their lives in
privacy, even when in public at a beach,
restaurant or enjoying the views from
Shirley Heights at the famous Sunday
Green Flash party.
The Jumby
Bay Club and Mill Reef are the best known
areas for the up-market properties but
there are many other homes scattered
along the coast and hilltops of Antigua.
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