Caribbean MLSReal Estate

Santa Cruz 17.

Not published

The brief

The reason to consider it.

A Rare Investment Estate in the Heart of Santa Cruz, Aruba

Property Highlights

  • Freehold ownership (no leasehold)
  • 1,407 m² (15,144 ft²) of privately owned land
  • Approximately 547.6 m² (5,894 ft²) of built-up area
  • Six fully independent residences with new a/c’s
  • Spacious owner’s residence
  • Five or Six income-producing rental homes
  • Proven rental income
  • Custom-designed pool and sun shelf for relaxation
  • Beautiful tropical landscaping
  • Multiple gazebos and covered terraces
  • Fully fenced for privacy and security
  • All electrical breaker panels in the guest lodges have been replaced
  • State of the art luxury kitchen German innovation
  • Entire electrical system in the main house has been completely renewed
  • State of the art exterior and interior ambient lighting
  • Strong investment and appreciation potential
  • Ideal for boutique hospitality, vacation rentals, corporate housing, or multi-generational living
  • Natural rock formation
  • Appraisal report available

Last confirmed

Type
House
Land
15,145 ft²
Year built
Available on request

What this listing includes

  • Private pool
  • Air conditioning
  • Parking
  • Furnished
  • Gated community

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