The country’s real estate sector has been given a major boost with a leading local firm
joining forces with one of the most prestigious names in the global industry.
Island Living – which has been at the forefront of Antigua’s sales and rentals market for
over a decade – has been rebranded by the esteemed Chestertons group.
Despite unprecedented challenges to the economy from the Covid pandemic, the local
real estate sector has flourished as lockdowns across the world force people to reconsider
conventional methods of working.
The union with Chestertons is another auspicious sign for the industry, explains Island
Living’s managing director Gaye Hechme.
“Chestertons is one of the oldest names in real estate in the world; it was established in
1805 and is well over 200 years old,” she says.
Driven by a young, diverse professional team with a passion for marketing, Chestertons
offers franchisees a vast library of high-tech tools to make their businesses more profitable,
“This is an exceptional opportunity for us to be a part of a global network, providing a
new and exciting pathway for Antigua and Barbuda’s real estate market.”
Hechme says real estate continues to be of “significant importance” to the country’s
economy as it provides a “globally recognised safe investment” to prospective buyers.
“Undoubtedly, 2020 was a very challenging year worldwide, but the demand for real
estate and second citizenship has seen a peak over the last few months,” she says.
“The restrictions on travel coupled with the pandemic have highlighted the importance of
a home away from home for those seeking a secure investment and an excellent quality of
life in a safe location.”
Island Living’s move under the Chestertons umbrella came about through a chance
conversation at an industry event in 2019.
Chestertons was expanding into the Caribbean and Hechme was inspired by the benefits it
could bring to Antigua and Barbuda.
“I was persuaded to take Island Living to the next level with the Chestertons brand. I
discussed the offer with my partner Cameron Fraser who enthusiastically said ‘let’s go for it’
– and here we are,” she recalls.
Island Living offers everything from holiday and long-term rentals, to villa and land
sales, and citizenship by investment and development services.
Gavin Vercoe, Chestertons’ COO International said Island Living was the ideal partner as
it was looking for “good people in good markets” while seeking to further its reach.
“To be able to service clients properly in real estate you need good people that have a
deep understanding of their local market. Both Gaye and Cameron are experts in the local
real estate market but also in citizenship by investment and development,” he says.
“We were keen to expand into Antigua as the Chestertons brand serves the upper end of
the market and international clients who seek beautiful locations.
“We have confidence in Antigua as its combination of providing citizenship by
investment with real estate ownership and the spectacular properties and lifestyle make it a destination that will always be sought by the international market,” he adds.
The official launch of Chestertons Antigua and Barbuda takes place on June 8.
The Chestertons network spans 21 countries and five continents. Antigua and Barbuda is
the newest addition to its Caribbean presence which also includes Barbados, Grenada, St
Lucia and the Cayman Islands.
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