Fractional Ownership at The Gardens
Life feels brighter and lighter at The Gardens on Harbour Island, Antigua
If you’re keen to own a home and spend time in Antigua but would like to reduce the cost, we also offer fractional ownership. This ‘smart-sharing’ ownership means you can own a 1/5th share of a villa, enjoy a quarter of the time each year if desired and a quarter of net rental income and resale in due course. This is also ideal for groups of friends or families who’d like to buy a home together.
This development has 36 x 1/5th acre plots at the heart of Jolly Harbour with turn-key 2,3 and 4-bedroom new villas. High-standard construction and finish, off-street parking, private gardens and pools included. There are two design packages to choose from with some room for customization staying with the cohesive style. Each garden home will have a lovely simultaneous coastal and tropical balance and feel. Jolly Harbour has recently been purchased. We are excited as it is about to undergo a 300M redevelopment (new golf course, new commercial centre etc.)
There are two ownership options:
– whole ownership from $750,000 USD
– fractional 1/5th ownership from $200,000 USD in a 2-bed villa
– fractional 1/5th ownership from $230,000 USD in a 3-bed villa
Whole villa prices start at $765,000 USD and go up to $1,500,000 USD. We have a full management and rental solution for our community of homeowners.
Fractional owners enjoy 10 weeks of use per year and fully managed properties with net rental paid out twice a year. Ideal for CIP buyers, or North American/European vacationers. Good exit strategy especially for North American vacationers who love the walkable community here on the west coast. 2- or 3-bed villas with private gardens, pool and parking retail for approx. 1M for the whole ownership when you include furnishing and other closing costs. i.e. the 200,000 1/5th fraction is very well priced. These are well-priced villas whose capita value should benefit greatly from the redevelopment going on around them of the golf course, shops and marina over the next 5 years.
If you have any questions don’t hesitate to reach out to us!
You can reach us at [email protected]. If you are in Antigua, we welcome you to come to visit us in our sales office. We are located in Jolly Harbour’s Commercial Centre behind the pharmacy. This will give you the opportunity to meet the sales team and review home designs.