Caribbean MLSReal Estate

Property land Morgenster

Not published

The brief

The reason to consider it.

Own this wonderful, perfectly located property land of 1000m2 with a fully constructed foundation already in place in Oranjestad, close to the airport, Cmart Aruba and the Hooiberg. This property land in Oranjestad presents a compelling opportunity to invest in Aruba or build your new family home. Combining prime location with development potential and investment value. Whether you aspire to create a family home, establish a thriving apartments business, or build a modern residence, this versatile property land offers the perfect foundation for bringing your vision or your family’s vision to life in Aruba.

Last confirmed

Type
Land
Land
10,764 ft²
Zoning
residential
Permitted uses
Single family, Apartments

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