Figaroastraat 16
Not published
One catalogue image. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Great investment property 5 minutes drive from Palm Beach!
Figaroastraat 16 is built on 1100m2 long lease land and consists of 15 bedrooms and 14 bathrooms with a total built up area of 625m2 on two floors and a garden all around the property. The property will need some renovations and updates.
Last confirmed
- Year built
- 2000
- Type
- Villa
- Land
- 11,840 ft²
What this listing includes
- Air conditioning
- Furnished
- Garden
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
Cost of entry
The asking price is not what it costs.
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