Find your dream house in Aruba
Find the perfect home in Aruba that suits your needs and lifestyle.
Why buy a house in Aruba
Year-Round Sunshine and Beautiful Beaches
Enjoy Paradise with Aruba's Year-Round Sunshine Body: Aruba boasts an average of 360 days of sunshine each year, making it an ideal location for year-round living or vacationing. With stunning beaches, crystal-clear waters, and a tropical climate, owning property in Aruba means enjoying paradise every day.
Stable Real Estate Market with High Demand
Invest in a Growing Market with Strong Demand Body: Aruba's real estate market has remained stable with continuous growth, driven by its popularity as a tourist destination. With a high demand for vacation rentals and properties for sale, investing in Aruba offers strong potential for both personal use and rental income.
No Restrictions on Foreign Ownership
Buy Property Without Restrictions as a Foreigner Body: Aruba welcomes foreign investors, with no restrictions on property ownership for non-residents. This makes it an accessible and attractive option for individuals seeking to buy a vacation home, retirement property, or investment property.
Attractive Tax Benefits and Incentives
Benefit from Aruba's Favorable Tax Environment Body: Aruba offers a favorable tax environment for property owners, with no inheritance tax, low property tax rates, and various tax incentives for real estate investments. This makes owning property in Aruba an appealing option for investors seeking long-term returns.
Frequently Asked Questions
Can foreigners buy property in Aruba?
Yes, foreigners can buy property in Aruba. The island has no restrictions on foreign ownership of real estate, so both residents and non-residents can purchase property.
What is the process of buying property in Aruba?
The process includes finding the right property, making an offer, signing a purchase agreement, paying a deposit, and completing the sale with a notary. The final transfer of ownership is registered with the local land registry.
Do I need a local bank account to purchase property in Aruba?
While not mandatory, having a local bank account in Aruba is helpful for the smooth transfer of funds during the purchase process. It is common for buyers to open a bank account before proceeding with the transaction.
What are the costs involved in buying property in Aruba?
The main costs include notary fees, registration fees, property taxes, and the 4% transfer tax on the property's purchase price. It's important to budget for these additional expenses.
Can I get a mortgage in Aruba as a foreigner?
Yes, it is possible for foreigners to obtain a mortgage in Aruba, although the terms may vary. Banks typically require a larger down payment (usually 20-30%) for foreign buyers.
What is the minimum deposit required to purchase property in Aruba?
Typically, a minimum deposit of 10% of the property’s purchase price is required when making an offer. This deposit is paid when the purchase agreement is signed.
Are there property taxes in Aruba?
Yes, property owners in Aruba are required to pay annual property taxes. The tax rate is based on the value of the property and can vary depending on the property's location and size.
Can I rent out my property in Aruba?
Yes, property owners are allowed to rent out their property in Aruba. However, if you're planning to rent out the property as a short-term vacation rental, it's important to ensure you comply with local regulations regarding tourism and rental permits.
What are the most popular areas to buy property in Aruba?
Popular areas for buying property in Aruba include Palm Beach, Eagle Beach, Oranjestad (the capital), and Noord. These areas are known for their beautiful beaches, tourist attractions, and excellent investment potential.