Caribbean MLSReal Estate

Coba Lodo Land

Available on request

The brief

The reason to consider it.

A rare opportunity to acquire a substantial 7,608m2 development parcel with an available subdivision plan (verkaveling plan). The property has the potential to be divided into up to 7 residential lots, offering flexibility for investors or developers looking to create a unique project in Aruba. With its generous size and clear development potential, this property represents a prime opportunity to bring a vision of eco-functional living to life in a desirable and tranquil setting, all subject to the applicable ROPV zoning guidelines.

Last confirmed

Type
Land
Land
81,892 ft²
Zoning
ROPV zoning guidelines
Subdivision approved
Yes
Permitted uses
Residential

What this listing includes

  • Ocean 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

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