Cara Mia Estates located in Piccadilly Antigua is an Exclusive Gated Community, that when completed will consist of only Six Estate Homes. This is a rare opportunity as Piccadilly is a highly sought after area of Antigua to live and invest in. Lots number One(1) and Two(2) are SOLD. Lot One(1) has a 4300 Square foot Bungalow built on that parcel. Lot Two(2) will have a 5000 square foot Two Story built on that parcel. The Three(3) remaining Lots are: Lot number Three(3) with a size of 10,324.1 square feet or .24 of an acre(SOLD). Lot number Four(4) with a size of 12,131.6 square feet or .28 of an acre. Lot number Five(5) with a size of 13,060.9 square feet or .30 of an acre. Lot number Six(6) with a size of 13,414 square feet or .31 of an acre remain. Lots in Cara Mia Estates have views of Mamora Bay as well as hills and valley views and are just minutes from the St. James Club Resort. The development is located within Nelsons Dockyard National Park Area. Island Academy and the University of Health Sciences Antigua (International Medical School) are within walking distance. English harbour and Falmouth harbour are minutes away as are the shops, restaurants and bars. Restrictive Covenants are in place to protect, maintain and enhance the value of Cara Mia Estates. The parcels are flat with utilities on-site and are ready for construction of your caribbean dream home, vacation and/or retirement property.

Buying Real Estate in Antigua:

An Alien Landholders License is required by any non-citizen purchasing property in Antigua. The cost of this license is 5 % of the value of the property.

Antigua Stamp Duty : Stamp Duties are charged to both the buyer and seller, with the buyer paying 2.5 % and the Seller is 7.5 % of the value of the property.

Title Deeds : Most property in Antigua is fee simple or freehold. The legal costs for transferring a property are between 1 % to 2 % of the value of the property.

Antigua Title Registration : All properties are registered at the Government Land Office, there is no title insurance.

Mortgages : Mortgages are available from several banks in Antigua.

VAT : On commercial properties only, there is also and additional 15% VAT payable to the government, which can be reclaimed by a VAT registered business.

Property Taxes : Property taxes are reasonable in Antigua and are based on the value of the property