Caribbean MLSReal Estate

House/Villa For Sale in Noord, Aruba

Not published

The brief

The reason to consider it.

This spacious corner-lot property offers an incredible investment opportunity in Montaña, just south of the Frans Figaroa Sport Park and minutes from the main road to Noord. Situated on 891 m² of property land, the property features:

Main House: 3 bedrooms, 3 bathrooms, approx. 119 m²
Apartment Complex: 3 x 2-bedroom 1-bath units, approx. 58m² each
Storage: 8 m²

Solid concrete construction for main buildings, with aluminum and cedar wood finishes.

The property is in a neglected state and in need of significant repairs, cleaning, and updates. No major structural defects were found during the last appraisal, making this an ideal fix-and-flip or income-generating rental opportunity.

Key Features:

  • Corner lot with easy access from both paved and dirt roads.
  • Potential for multiple rental income streams once renovated.
  • Walking distance to sports facilities and close to Oranjestad–Noord route.
  • Walled perimeter for privacy.

With a starting price of US$278,000 this is your chance to secure a multi-unit property in a growing area of Aruba at a fraction of its potential value. Perfect for investors, contractors, or anyone looking for a project with serious upside.

Last confirmed

Type
House
Land
9,591 ft²
Year built
Available on request

What this listing includes

  • Storage
  • 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