Caribbean MLSReal Estate

Mixed-use Property in Oranjestad

Available on request

The brief

The reason to consider it.

Discover a unique investment opportunity in the vibrant center of Oranjestad. This versatile property is built on 666m2 of long lease land.

The building includes:

  • Store 1 - 77m2
  • Store 2 - 59 m2
  • Apartment A - 47 m2
  • Apartment 1 - 27 m2
  • Apartment 2 - 71 m2
  • Apartment 3 - 39 m2
  • Snack bar - 19 m2
  • Garage - 49 m2

Additional features include on-site parking, solar panels for energy efficiency, and a security camera system for added peace of mind. Centrally located and easily accessible.

Last confirmed

Type
Commercial
Land
7,169 ft²
Use
Mixed use
Interior
Available on request
Year built
Available on request

What this listing includes

  • Parking
  • Solar power
  • On-site security

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