Real Estate in St. John's, Antigua & Barbuda
Last updated on Jul 09, 2024
Summary: Expats and retirees talk about real estate in St. John's, Antigua & Barbuda? How do you find a home in St. John's? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in St. John's?
"A typical expat home or apartment in St. John's, Antigua and Barbuda is often located in a safe and secure neighborhood, often within gated communities or near the beach. These homes are usually fully furnished, featuring modern amenities such as air conditioning, high-speed internet, and cable TV. They often have spacious living areas, fully equipped kitchens, and multiple bedrooms and bathrooms. Some homes may also have private pools, patios, or balconies with stunning views of the ocean or the city. The architecture and design of these homes often reflect the Caribbean style, with bright colors, open floor plans, and large windows to let in natural light. Many expat homes are also located close to local amenities such as shops, restaurants, and schools. Some may even be within walking distance to the beach," said one expat who made the move to St. John's.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in St. John's?
If you are thinking about moving to St. John's, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in St. John's, Antigua and Barbuda can vary greatly depending on the type and location of the property. For a standard family home in a residential area, prices can range from moderately affordable to quite expensive. Luxury villas and beachfront properties, on the other hand, can be significantly more costly. As of recent data, it is estimated that the average cost of a home in St. John's is in the mid to high six-figure range in USD. However, it's important to note that prices can fluctuate based on the real estate market and other economic factors," remarked one member in St. John's.
Should I buy or rent a home in St. John's?
If you have not spent a lot of time in St. John's, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in St. John's depends on several factors. If you plan to stay in the area for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. However, buying a home also comes with responsibilities such as maintenance, repairs, and property taxes. It also requires a significant upfront cost for the down payment, closing costs, and other fees associated with purchasing a home. On the other hand, renting a home in St. John's, Antigua & Barbuda could be a better option if you're not planning to stay in the area for a long time. Renting offers more flexibility, as you can move more easily if your circumstances change. It also doesn't require a large upfront cost, and the landlord is typically responsible for maintenance and repairs. Additionally, the cost of living and the real estate market in St. John's, Antigua & Barbuda should be considered. If the housing market is expensive, it might be more cost-effective to rent rather than buy. In conclusion, the decision to buy or rent a home in St. John's, Antigua & Barbuda depends on your financial situation, your long-term plans, and the local housing market. It's important to carefully consider these factors and perhaps consult with a real estate professional before making a decision," said one person in St. John's.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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