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 Price : US$ 4,700,000 Type : Commercial - Hotels
Commercial - Resorts
REF : ANT0015 

Antigua : Runaway Bay


WITHDRAWN



Antigua Commercial Property






Small beachfront resort with 16 x 2 bedroom, 2 bathroom apartments, located right at the waters edge on a lovely white sand beach.

Antigua Commercial Property

Antigua Commercial Property

This pretty resort was architect designed and has 16 x 2 bedroom, 2 bathroom apartments, which also include a living area and dining room, a small kitchen and balconies.

 

Antigua Commercial Property


The resort also includes an elegant restaurant, which is set amongst lush, gardens in approx. two acres of tropical paradise!

 

Antigua Commercial Property

Antigua Commercial Property

Sandals Resort, the Rex Halcyon Cove, the Siboney Beach Club, Antigua Village, Rush Nightclub, Connors Sports Bar and Madisson Casino/Piano Bar are all within walking distance of this resort, offering wide choice of restaurants and variety of watersports.

Antigua Commercial Property

Antigua Commercial Property


This well maintained resort is in a perfect beachfront location and ideal for conversion to a condominium or time-share development. The resort is a currently on-going business with a steady cash flow.


For further information on this property click on the Contact Us buttons at the top or bottom of this page.


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.

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.

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.

Stamp Duty Waiver : The Stamp Duty and Alien Landholders License is waived on several projects in Antigua, such as Jolly Harbour - and a 3 % fee is applied.

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.

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 and through Caribbean Land and Property.
Click here for details

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

For further details, click on the button at the bottom on this page Antigua Info

 

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Last Updated On 19 Nov 2017