4 Things Every Buyer Should Know About Real Estate in Aruba

Dreaming about owning a piece of paradise? Buying real estate in Aruba can be an exciting journey, whether you are looking for a vacation rental, an investment property, or a dream home on the island.

Before you jump into the search, there are a few important things you need to know to make the process easier.

Let’s break it down:

1. Location, Location, Location

Where you buy in Aruba matters just as much as what you buy.

Are you dreaming of waking up steps from the beach in Noord? Or do you prefer the quieter charm of Paradera, surrounded by nature? Each area offers its own lifestyle, so it is important to choose a location that matches how you want to live.

If you want a vibrant social scene, easy beach access, and plenty of restaurants, stick to areas like Eagle Beach, Palm Beach, and Oranjestad. If you are craving more privacy and a slower pace, explore the inland neighborhoods for peaceful living with a local feel.

2. Know Your Budget

Before you start visiting properties, get clear on your budget.

Knowing your budget and getting pre-approved if needed will save you time and help you focus on properties that are within reach. This also puts you in a stronger position when it is time to make an offer.

Keep in mind that some properties, especially new builds or condos, might also have monthly association fees (HOA) or other maintenance costs. Make sure to budget for that too.

3. Understanding the Notary Process

Real estate transactions in Aruba go through a notary, and that is a good thing.

The notary handles the drafting of the official deed, oversees the payment and ownership transfer, and registers the sale with Aruba’s Public Registry. They act as a neutral party to protect both the buyer and the seller, making sure the transaction is legal and secure.

If you are not familiar with this process, our C&C team will guide you, and the notary will walk you through every step when it is time to close.

4. Property Taxes and Fees

Beyond the purchase price, you will need to factor in other costs like:

• Annual property taxes (land tax) based on your property’s value

• Closing costs such as the notary fees for legal work and registration

• Bank fees if you are financing through a local bank on the island

• Other miscellaneous costs such as inspection reports

  
  

It is important to have a clear understanding of these expenses upfront, so there are no surprises later on.

With the right knowledge and team by your side, finding your dream home or investment property can be an exciting and rewarding experience.

If you are ready to start your property search, we are here to help you every step of the way.