Caribbean MLSReal Estate

10-Suite Studio Apartment Complex

Available on request

The brief

The reason to consider it.

10-Suite Studio Apartment Complex

A prime location in one of Aruba’s most visited areas, this new development offers 10 studio apartments each with its own private bathroom. Situated in Bakval, Noord, Aruba, the complex is steps from Palm Beach and the surrounding restaurants, shops, and nightlife. Designed for vacation or long-term rental use, the property provides excellent investment potential for vacation rental businesses or boutique hospitality ventures. Financial projections are available on request.

Key Features:

  • 10 studios with private bathrooms
  • Prime beachfront location near Palm Beach
  • High demand area for short-term rentals
  • Flexible income-generating property
  • Contact seller for financial projections

Property ID: 356983 | Source: 7th Heaven Properties (https://www.7thheavenproperties.com/real-estate/aruba/bakval-apartment-complex-for-sale-19497/)

Type
Apartment
Interior
Available on request
Land
Available on request
Year built
Available on request

What this listing includes

  • Parking
  • Fitness centre
  • On-site security
  • Balcony
  • Furnished

What people say about Aruba

Sources agree that foreigners can buy property in Aruba on the same footing as locals, with no nationality restriction.

  • Positive Foreigners may own property with no nationality restriction; same process as locals
  • Mixed Freehold (eigendom) and long lease (erfpacht, usually government land, often 60 years) both exist; leasehold is tradeable and mortgageable
  • Mixed Transfer tax rate is described inconsistently: tiered 3%/6% (law firm) vs flat 6% (expo article)
  • Mixed Owning does not give residency; non-resident stay limit reported as 180 days by one source, forum member asks if it fell to 90

Read what people say, based on 13 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law