Caribbean MLSReal Estate

Palm Beach 114-B

Not published

The brief

The reason to consider it.

An exceptional opportunity to acquire two adjacent parcels of long-lease land in the highly desirable Palm Beach area.

The property consists of two long-lease plots of 400 m² each (total 800 m²), offering excellent potential for renovation, expansion or full redevelopment. Currently situated on the land is a single-family residence of approximately 201 m², featuring 4 bedrooms and 4 bathrooms, a living room, kitchen, dining area, porch and patio.

The home is in moderate condition, making this an ideal project for investors, developers or buyers looking to customize or rebuild in a prime location.

Key highlights:

  • Two long-lease parcels, each parcel: 400 m² | Total land: 800 m²
  • Existing residence: approx. 201 m²
  • 4 Bedrooms | 4 Bathrooms
  • Quiet residential neighborhood close to Palm Beach amenities
  • Strong redevelopment and value-add potential

This is a rare chance to secure a position in Palm Beach with significant upside potential, ideal for those looking to invest ahead of further area growth.

Last confirmed

Type
Villa
Land
8,611 ft²
Year built
Available on request

What this listing includes

  • Air conditioning

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