Magdalena Business Center - Prime Commercial Property in Eagle
Available on request
9 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Magdalena Business Center is a well-constructed, income-generating commercial property located in one of Aruba’s most sought-after business zones. Situated on 3.508m2 of long lease land.
This two-story building offers excellent exposure and accessibility, positioned just off the Lloyd G. Smith Boulevard (Sasaki Highway), directly across from a commercial bank and surrounded by high-traffic tourist and business area.
The building features a total of 16 commercial units - 8 on each floor - with unit sizes ranging from 113m2 to 306 m2. Each unit is equipped with private bathroom facilities and large windows that provide natural light and views of the surrounding area.
Highlights include:
- High visibility location near Sasaki Road and Italiestraat
- 45+ on site parking spaces
- Modern concrete paver walkways at the front and rear of the property
- Landscaped surroundings with palm trees and ornamental plants
- Short distance to Aruba’s low- and high-rise hotel zones, condominiums, fast food chains, banks and major offices
The building is constructed using durable, high-quality materials. Each unit is currently leased and tailored to the tenants’ business needs, generating consistent monthly rental income. Located in the heart of Eagle’s commercial district, this property offers a rare opportunity for investors or business owners seeking a prime asset in Aruba’s booming commercial landscape.
Last confirmed
- Type
- Commercial
- Land
- 37,760 ft²
- Use
- Office
- Occupancy
- 100%
- Tenants
- 16
- Parking
- 45
- Interior
- Available on request
- Year built
- Available on request
What this listing includes
- Parking
- Garden
- City view
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
The asking price is not what it costs.
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