Real Estate in Aruba – Full Guide
Aruba’s real estate market is vibrant, safe, and attractive to both locals and foreign investors, especially due to its booming tourism sector, stable economy, and welcoming foreign ownership laws. The market includes everything from luxury beachfront villas to affordable local housing, and commercial developments.
Types of Real Estate in Aruba
Property Type | Description |
---|---|
Residential Homes | Single-family houses, often in gated or open communities |
Condos & Apartments | Popular in tourist zones like Palm Beach & Eagle Beach |
Beachfront Villas | High-end homes with ocean views, pools, and modern finishes |
Commercial Spaces | Shops, offices, restaurants—especially in Oranjestad & Noord |
Land & Lots | Vacant land for development, with zoning regulations |
Popular Areas to Buy or Rent
1. Noord
- Close to beaches and high-rise hotels
- Popular with tourists and expats
- Gated communities & villas
2. Oranjestad
- The capital city
- Urban living, offices, and apartments
- Access to shopping and cruise terminals
3. Palm Beach & Eagle Beach
- Luxury condos and vacation homes
- High demand for short-term rentals
4. Paradera / Santa Cruz
- More local, quiet, and affordable
- Great for long-term residential living
Average Real Estate Prices (Estimates)
Property Type | Price Range (USD) |
---|---|
Studio Apartment | $150,000 – $250,000 |
2–3 Bedroom House | $200,000 – $450,000+ |
Luxury Villa (beachside) | $700,000 – $2 million+ |
Condo (tourist zones) | $250,000 – $600,000 |
Rental (monthly) | $800 – $3,000+ depending on area |
Who Can Buy Property in Aruba?
Foreigners can own property outright
- No citizenship or residency requirement
- Secure title system under Dutch legal structure
- Not required to live in Aruba to own land
Buying Process for Foreigners
- Find a local realtor or agency
- Make an offer and sign a purchase agreement
- Pay a deposit (usually 10%)
- Notary finalizes title transfer
- Pay transfer tax & notary fees (about 6%–8%)
Real Estate Agencies in Aruba
- Aruba Palms Realtors
- RE/MAX Advantage Aruba
- Bold Properties
- C21 Aruba Real Estate
- Casnan.com
Legal & Financial Tips
- Title is registered at Aruba’s Land Registry (Kadaster)
- Financing available locally through Aruban banks
- Property taxes are low (0.4% per year on value over ~$34,000)
Market Trends
- Strong demand for vacation rentals and Airbnb properties
- Aruba’s stability and tourism make it ideal for real estate investment
- Increase in eco-friendly housing and gated communities