Study Confirms the Appeal & Premium Value of Waterfront Properties

The allure of waterfront living remains strong, with waterfront properties being worth 48% more on average than equivalent non-waterfront properties, according to Knight Frank’s 2023 Global Waterfront Index.

And beachfront homes have extended their lead since last year, with such homes now enjoying a 76% premium – up from 63% in 2022.

Demand for such homes remains high with waterfront search terms, such as “sea views” and “beachfront” accounted for four of the top ten keyword search terms this year.

One of the most popular places to own a beachfront property is the Caribbean, but with development across the islands gathering pace over the last 30 years, the availability of beachfront property is becoming increasingly rare.

Antigua, with its 365 beaches – one for every day of the year – is one of a few islands in the region where beachfront property is still available to buy. Through the return of international travel, hybrid working and the increased attractiveness of the island, prime residential property markets have seen an increase both in transactions and pricing.

Pearns Point offers a rare opportunity to buy a coveted piece of waterfront land on its striking peninsula, and buyers can design and build their own dream home on their chosen plot or take advantage of the Lot+ Villa programme, which helps buyers build a predesigned villa style and make use of the developer’s experience, professional team of architects and contractors.

With infrastructure now in place and construction underway at Pearns Point, there has never been a better time to consider buying your own slice of waterfront heaven in Antigua.