Caribbean MLSReal Estate

Apartment in Noord, Aruba

Available on request

The brief

The reason to consider it.

You will love this dream condominium complex from one of Aruba’s most experienced and respected developers of luxury homes. Attention has been paid to every detail. Built on an expansive plot, the number of apartments has been kept small to maintain the relaxed, cozy island atmosphere you seek. Phase one sold out within a month of going on the market, and will be completed by the end of 2016. The second phase, expected to be completed by October of 2017, will be available for purchase in the fall of this year. You will want to get in on the exceptional pre-construction prices, as the first phase of this stunning project sold out within a month of hitting the market. These spacious, thoughtfully designed one and two bedroom condominiums are situated in Bakval, an oasis of tranquility that is only minutes away from the stunning Palm Beach shorefront. You will also enjoy easy access to the area’s great dining, shopping and nightlife.

Last confirmed

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

What this listing includes

  • Kitchen

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