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Investment in Aruba

Azure Beach Residences represents a unique opportunity for real estate investment in Aruba in one of the few beachfront properties left in the island. It offers a flexible rental program with attractive returns for owners who wish to rent their units.

The variety of activities enjoyable for all ages make this paradise a One Happy Island.

A few facts and tips when you are evaluating investing or visiting Aruba:

Taxation

Very low annual property taxes, compared to other Caribbean Islands and the U.S. and Canada are levied at a rate of 0.4% of the assessed property value subject to USD. 33,000.00 deductible.

Buyers are responsible for payment of a transfer tax. Capital Gains derived from the sale of Real Estate in Aruba, are exempt from income taxes if the unit is acquired by a non-resident natural person.

Financing

Financing is available for foreign buyers in Aruba. Banks will lend up to 60% of the value of the property. Mortgage terms are normally between 10 and 30 years depending on the age of the borrower. Mortgages are normally based on a fixed rate and rates at the time of our last survey were approximately 7%.

Foreign Ownership of Real Estate in Aruba

Foreign nationals in Aruba enjoy unrestricted real estate ownership. The government offers residence for foreigners who buy property in Aruba and have an annual income of USD. 60,000.00. Other requirements apply.

Rental Program

Condominium-hotel units offer the best of both worlds. While you may decide to enjoy your luxurious, fully equipped suite the whole year round, it can be placed in the Hotel Rental Program while you are away. This program not only gives you the opportunity to earn rental revenue but also gives you the peace of mind of having your unit managed and maintained by experts in the field. Joining this program, you will perceive a return on investment while your property appreciates in value.

Privilege Location

Azure Beach Residences has a privileged location in one of the few beachfront properties left in Aruba and a short walk to Aruba’s two most popular beaches and tourist areas. This is a high potential for appreciation on the value of the condos, given the limited supply combined with the continued growth in demand for properties in major tourist areas.

Safe Investment Environment

Aruba offers a safe environment for investment as part of the Kingdom of the Netherlands. Your legal rights are well protected.  It is considered one of the best places to invest in the Caribbean.

Aruba enjoys one of the highest living standards in the Caribbean (USD 26,000.00 per capita), with minimum levels of poverty and unemployment, thus a very low crime rate.

Aruba Investment Facts