Caribbean MLSReal Estate

Arendstraat 122 - Mixed-use commercial and residential property

Available on request

The brief

The reason to consider it.

Mixed-use commercial and residential property located in Oranjestad-West, set on 723 m² of long-lease (erfpacht) land.The property features office spaces, three independent residential apartments (with the option to add an extra apartment), and an attic, with an approximate total built-up area of 290 m².Solid concrete construction, well maintained, with parking and storage areas. Key features include:
Commercial office areas with functional layout
Public waiting area
Kitchenette
Commercial restrooms
Three self-contained residential apartments
Attic offering additional usable space
On-site parking and storage areas
Centrally located, minutes from downtown, airport, and hotel area
The property is currently undergoing improvements to enhance its overall condition and functionality, adding even greater value and appeal.
An excellent opportunity for dual income streams in a high-demand area.

Last confirmed

Year built
2024
Type
Commercial
Land
7,782 ft²
Use
Mixed use
Lettable area
3,122 ft²
Parking
11

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