Luxury New Hotel Development in Antigua and Barbuda
Hotel developments can take various forms, depending on the target market, location, investment strategy, and intended use.
Full-service hotels, such as can be found within luxury resort areas, offer a wide range of amenities, including restaurants, room service, conference facilities, gyms, and are focussed on business travelers, tourists, and conference attendees.
Limited-service hotels typically don’t offer on-site restaurants or extensive leisure facilities, and are aimed a the budget-conscious traveler, or those looking for a more simple and cost-effective stay.
Boutique hotels will usually have a unique design or purpose, often associated with the location, character, and even the owner who may be a famous personality.
Luxury hotels are high-end accommodation as inferrred by the title to offer exceptional services, and all the luxury amenities one would expect such as fine dining, spas, private pools, and concierge services.
Affluent tourists, business executives, and travelers seeking premium services and exclusivity would more than likely be foyund using a hotel that comes under the luxury category, hotels such as Five-star hotels, and brands like Ritz-Carlton and Four Seasons.
Resort hotels are located in leisure destinations (beaches, mountains, or resorts), and these hotels provide recreational amenities like golf courses, pools, spas, and activities.
Extended-Stay hotels, such as Residence Inn by Marriott, offer accommodations designed for longer stays, featuring larger rooms with kitchenettes or full kitchens, and are aimed at people who are relocating, or guests needing temporary housing.
Select-Service Hotels, such as Courtyard by Marriott and Hampton Inn, are similar to limited-service but may offer some extra amenities like a small breakfast bar or convenience shop.
Mixed-use developments are integrated into larger complexes that include other types of real estate such as offices, retail spaces, and even residential areas. These offer an all-in-one urban experience, often encompassing the skyscrapers or properties combined with shopping malls or residential buildings.
Convention center hotels, that are located next to or within convention centers and are designed to accommodate large groups for events, conferences, and conventions, and cater to conferences, corporate sessions, and exhibitors.
Each type of hotel development caters to a wide range of market needs, from budget stays to high-end luxury experiences.
Why Buy or Invest in New New Real Estate Developments in Antigua and Barbuda.
Antigua and Barbuda are centrally located in the Caribbean, making them an attractive destination for tourists, businesses, and expats. This strategic location allows for easy access to major markets in North America and Europe, enhancing the appeal for international buyers and investors.
The islands are renowned for their pristine beaches, warm climate, and luxury tourism offerings. The tourism sector is a significant contributor to the economy, and real estate developments, particularly in the luxury and resort sectors, can benefit from growing visitor numbers. In recent years, Antigua has seen an increase in high-end tourism, which supports higher property values.
One of the main draws for foreign buyers is Antigua and Barbuda’s Citizenship by Investment (CBI) program. By investing in real estate development projects that meet the requirements set by the government, investors can secure citizenship for themselves and their families. This program provides access to visa-free travel to over 150 countries and tax incentives.
Investing in off-plan real estate in Antigua and Barbuda offers strong potential for returns, particularly in new luxury gated community properties, and can be a strategic move for those looking to diversify their portfolios or benefit from the Citizenship by Investment program
Antigua and Barbuda have no capital gains tax, inheritance tax, or wealth tax, making it a tax-friendly destination for investors. The absence of these taxes can lead to a more profitable real estate venture in comparison to many other jurisdictions.
