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Real Estate in Falmouth, Antigua & Barbuda | Expat Exchange
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Real Estate in Falmouth, Antigua & Barbuda

By Joshua Wood, LPC

Last updated on Jan 16, 2025

Summary: Expats and retirees talk about real estate in Falmouth, Antigua & Barbuda? How do you find a home in Falmouth? Should you buy or rent? What is the cost of housing?

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Cigna Global Health
Cigna Global Health
Cigna Global Health

What is a typical expat home or apartment like in Falmouth?

"A typical expat home or apartment in Falmouth, Antigua and Barbuda, is often a luxurious and spacious property with stunning views of the Caribbean Sea. These homes are usually fully furnished, featuring modern amenities such as air conditioning, high-speed internet, and state-of-the-art kitchen appliances. They often have multiple bedrooms and bathrooms, making them suitable for families or for hosting guests. Many properties also come with private pools, landscaped gardens, and outdoor living spaces for enjoying the tropical climate. Some homes are located within gated communities, providing an extra layer of security. Proximity to the beach, local restaurants, and shopping centers is a common feature of these homes. Despite the modern comforts, these homes often incorporate Caribbean architectural styles and design elements, blending seamlessly with the local environment," said one expat in Falmouth.

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What is the average cost of housing in Falmouth?

If you are thinking about moving to Falmouth, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Falmouth can vary greatly depending on the type and location of the property. For instance, a luxury villa can cost several million dollars, while a modest apartment or house may be priced in the hundreds of thousands. Therefore, it's difficult to provide an exact average cost. However, it's important to note that property prices in Falmouth, like much of Antigua & Barbuda, are generally considered high compared to many other Caribbean locations," explained one expat living in Falmouth, Antigua & Barbuda.

Should I buy or rent a home in Falmouth?

If you have not spent a lot of time in Falmouth, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Falmouth depends on several factors. If you plan to stay in the area for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. However, buying a home also comes with responsibilities such as maintenance, repairs, and property taxes. It also requires a significant upfront cost for the down payment, closing costs, and other fees associated with purchasing a home. On the other hand, renting a home in Falmouth, Antigua & Barbuda could be a more flexible option, especially if you're not sure about your long-term plans. Renting doesn't require a large initial investment and you won't be responsible for maintenance and repairs. However, renting doesn't build equity and you may face annual rent increases. You also may not have as much freedom to customize your living space. In conclusion, the decision to buy or rent a home in Falmouth, Antigua & Barbuda depends on your financial situation, long-term plans, and personal preferences. It's important to weigh the pros and cons of each option before making a decision," said one expat in Falmouth.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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AGS Worldwide Movers

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