Caribbean MLSReal Estate

Exclusive Alto Vista Investment Opportunity | 26W Apartment 10

Available on request

The brief

The reason to consider it.

A rare opportunity to own an income-producing 1-bedroom apartment in the desirable Alto Vista area, approximately 5–9 minutes by car from Palm Beach. The apartment is a first-floor unit with a private pool, air conditioning, and private parking. It is partly furnished and currently rented to a long-term tenant, providing an attractive rental income stream. The property is part of the Alto Vista development, which offers two identical mirrored units. The HOA fee is approximately $160 per month, and the yearly property tax is about $500. Contact Eduard Rublea at [email protected] or +297 569 2658 for more information or to arrange a viewing.

Last confirmed

Year built
2023
Type
Apartment
Interior
Available on request
Land
Available on request

What this listing includes

  • Private pool
  • Air conditioning
  • 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