Selling Real Estate in Antigua
This is a brief overview of the fees that involved with selling a property in Antigua.
- Legal Fees
A lawyer will generally charge 1% to 2% depending on the sale price.
- Stamp Duty
The government of Antigua and Barbuda charge 7½% stamp duty of the sale price. The total charge for transferring Antiguan real estate from a vendor to a non Antiguan buyer is 15%. The norm is to split these costs between the buyer and the seller.
- Sales Commission
If you sell your property through a real estate agency then you will generally pay 5% commission.
||1 to 2%
|*These percentages refer to the sale price
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The Antiguan Market
Antigua is an emerging market with prices that have been steadily rising since 2004 (40%). We at JHR have seen the demand for Antiguan real estate increase dramatically over the past 6 months of operation, as shown by our recent feature on HGTV's House Hunters International. We have in turn increased our marketing budget and our global reach. As of January we estimate our potential client reach at 300,000. Our referral partners operate out of the UK, USA, Canada, St Martin, Dominica and globally through the Chrisities International Real Estate affiliate network.
With our extensive knowledge of the local market we can tell you exactly what your property is worth. Our valuations are free of charge with no commitment. With our Island wide exposure and a database full of qualified buyers we are confident that we can find the perfect buyer for your property. Let us help you get the maximum sale price for your property.