Verandah Estates

Verandah Estates

We are pleased to introduce you to Verandah Estates, Antigua’s premier residential villa development and CIP-approved project.

 
This is a solid investment, being offered by the Caribbean’s most successful resort developers, Elite Island Resorts group.

 
Verandah Estates is a 25-acre gated community developed by Elite Island Resorts. Elite has been in business for over 30 years, with a proven track record of developing and operating world-class resort and residential communities in the United States, Central America, and throughout the Caribbean. 

 
Investment highlights are as follows:

· Fully furnished villas with splash pool; 2-bedroom models are US$400,000, 3-bedroom models are US$450,000.

· Freehold real estate investment with title deed (land + standalone villa).

· Income producing rental program 
o Return on investment
o No ownership expenses, guaranteed. (Property taxes, homeowner’s insurance, contents insurance, homeowners’ association assessments, gardening, splash pool maintenance, electricity, water, television, telephone, and internet.)

· Exit Strategy: After 5 years of ownership, Verandah Estates will assist your client with re-selling the villa at a target re-sale price of at least US$450,000. Verandah Estates does not charge any re-sale fees or commissions if the resale target price is not met.

· Very desirable, secure, and gated community near world-class beaches, resorts, and a national park—access to facilities and services at The Verandah Resort & Spa, one of Antigua's most popular resorts.

· Professionally managed and maintained.

· Streamlined purchase and CIP application process. Buyers will obtain their Antigua & Barbuda passport in 3 to 6 months.

To proceed, the client must choose a lot from our site plan (attached), then choose one of the three models (attached) and send us a signed copy of the purchase agreement (attached).

 
Based on the value that each investor is getting from this deal, Verandah Estates is the best real estate investment option in Antigua at the moment. Investor gets approx. 10,000 square feet of land and 1,300 square feet of single family home with pool, furniture, appliances, guaranteed coverage of maintenance/holding expenses, upgraded appliances and vanity after the five year holding period, and more.

 
 
We look forward to hear any further inquiry from you
 
Verandah Estates - Q&A

Verandah Estates Purchase Agreement