Caribbean MLSReal Estate

5 Bed | 6 Bath House in Oranjestad, Aruba

Available on request

The brief

The reason to consider it.

This large beautiful home is located in a high/middle-class neighborhood, a five minutes drive to the Airport. The property is divided into a two-bedroom dwelling home and five apartments. All rented out for a total monthly income of $8,000. Great investment opportunity. Now is the time to purchase this home.

Last confirmed

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

What this listing includes

  • Parking
  • Kitchen
  • On-site security

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