Caribbean MLSReal Estate

Palma Real - Apartment complex with 8 apartments and swimming pool

Not published

The brief

The reason to consider it.

Residencias Palma Real is an apartment complex with eight one-bedroom apartments. Four on the first floor and four on the ground floor. This is an interesting investment opportunity whereby the SPF, which owns the property, can also be taken over.

The apartments on the ground floor have one spacious bedroom which is equipped with air conditioning. Through this bedroom you have access to the bathroom and the back terrace. The kitchen diner is at the front and is linked to the front terrace through a sliding door. In this way, the outside is involved with the inside. The kitchen has plenty of storage space, a 4-burner electric stove and a refrigerator.

Because the apartments on the 1st floor do not have a terrace at the rear, all the space is available in the terrace at the front. This terrace is accessible through the sliding kitchen living room doors. The bedroom of the apartment on the 1st floor is slightly smaller than the one on the ground floor, so there is more space in the bathroom. The equipment of the kitchen is identical to the description of the kitchen in the apartments on the ground floor.

The entire resort is completely walled and closed by an electronic gate. In the middle of the resort is a swimming pool for shared use.

Last confirmed

Year built
2005
Type
Apartment
Land
1,076 ft²
Use
Mixed use
Interior
Available on request

What this listing includes

  • Pool
  • Air conditioning
  • Terrace
  • Kitchen
  • On-site security
  • Gated community

What people say about Curaçao

Sources agree that foreign buyers face no nationality-based limits on owning property in Curaçao, which uses Dutch-style civil law and requires a notary for every transfer (LegalClarity, RE/MAX BonBini, Armenian Lawyer).

  • Positive Foreign buyers face no ownership restrictions; a notary is mandatory and Dutch-style civil law applies
  • Mixed Closing costs: 4% transfer tax plus notary and registry fees, roughly 5-8% in total
  • Mixed Freehold and leasehold both exist; leasehold carries an annual ground fee and renewal uncertainty
  • Concern Mortgages for non-residents are harder and need a larger deposit

Read what people say, based on 14 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