Real Estate in Jolly Harbour, Antigua & Barbuda
Last updated on Apr 05, 2024
Summary: Expats and retirees talk about real estate in Jolly Harbour, Antigua & Barbuda? How do you find a home in Jolly Harbour? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Jolly Harbour?
"A typical expat home in Jolly Harbour, Antigua and Barbuda, is often a luxurious villa or apartment with stunning views of the Caribbean Sea. These homes are usually spacious, with multiple bedrooms and bathrooms, and are designed with an open-concept layout to maximize natural light and airflow. The interiors are often modern and stylish, featuring high-end appliances, comfortable furniture, and tropical-inspired decor. Many homes also have private pools, lush gardens, and outdoor living spaces for enjoying the island's beautiful weather. They are usually located within gated communities, providing a sense of security and community for expats. These homes often come with access to amenities such as golf courses, marinas, and private beaches. Despite being in a tropical paradise, these homes are also equipped with modern conveniences such as high-speed internet and satellite TV, making it easy for expats to stay connected with their home countries," remarked one member in Jolly Harbour.
What is the average cost of housing in Jolly Harbour?
If you are thinking about moving to Jolly Harbour, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Jolly Harbour can vary greatly depending on the type and size of the property. For instance, a luxury villa can cost several million dollars, while a smaller condo might be priced in the low to mid six figures. However, on average, potential homeowners might expect to spend around one to two million dollars for a property in this desirable location," said one person in Jolly Harbour.
Should I buy or rent a home in Jolly Harbour?
If you have not spent a lot of time in Jolly Harbour, 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 Jolly Harbour depends on several factors. If you plan to stay for a long period or frequently visit, buying a home could be a good investment. Owning a property in this beautiful location can also provide a potential source of income through vacation rentals when you're not using it. However, buying a home comes with responsibilities and costs such as maintenance, insurance, and property taxes. It also requires a significant upfront investment. If you're not ready for these commitments, renting might be a better option. Renting a home in Jolly Harbour offers flexibility, especially if you're unsure about your long-term plans. It allows you to experience living in the area without the financial commitment of buying. Renting can also be more cost-effective in the short term, as it doesn't involve large upfront costs. In conclusion, your decision should be based on your financial situation, long-term plans, and personal preferences. It's recommended to consult with a real estate professional in Jolly Harbour to help guide your decision," said one expat in Jolly Harbour.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat 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.