Caribbean MLSReal Estate

Catiri 10-B

Available on request

The brief

The reason to consider it.

Investment Opportunity in Catiri, NoordLocated in the highly desirable neighborhood of Catiri, Noord, this property presents an excellent opportunity for both homeowners and investors. Known for its safety, tranquility, and welcoming community, Catiri offers the perfect setting to enjoy the best of the Aruban lifestyle.Situated on 645 m² of long-lease land (valid until 2053), the home was constructed around 1993 and is designed with versatility in mind. The main residence features 1 office, 3 bedrooms and 2 bathrooms on the ground floor, along with an additional 2-bedroom, 1-bathroom apartment on the first floor, accessible via an exterior staircase.To the rear of the property, there are two self-contained apartments currently used for local rentals, providing immediate income-generating potential. The spacious garden, adorned with fruit trees and greenery, offers ample room for further enhancements, including the possibility of adding a small pool.This property requires some renovation and modernization. Whether you envision a family home or a multi-unit investment, the foundation is already in place.Conveniently positioned near shopping centers, schools, restaurants, pharmacies, and other essential amenities, the property is also just a short drive from Aruba’s world-renowned beaches and the vibrant central Noord area.

Last confirmed

Year built
1993
Type
Villa
Land
6,943 ft²

What this listing includes

  • Air conditioning

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