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Aruba Breeze condo is a duplex unit which is located in the urbanization of Eagle Beach. This area is an exclusive area, that features arguably Aruba’s best beach, and one of the best in the world. It does also has many other attractive features.

The project

The condo development is a small scale project of 25 units, immediately surrounded by other small-scale projects. This makes the ambiance a uniquely and typically laid-back, the way you should expect your Caribbean experience to be.

It features two pools, BBQ area, clubhouse, gym and lush tropical landscaping. The distance to the beach is about 550 yards (500 meters), which is within walking distance.

Location and area

Above picture shows a view of the road that leads to Eagle Beach. Only the pool stands between parking and the unit, thus easily accessible.

In below map, there is an exact location of Aruba Breeze and the unit.

The surrounding area is filled shops and stores that make it much easier for buyers, renters or vacation-goers. Below a few highlights:

Specifications

The unit is 1399 square feet (130 square meters). It has 2 generous bedrooms and 2,5 bathrooms. Both bedrooms upstairs have their own bathrooms. The master bedroom has a balcony with modern iron and glass railing.

Downstairs there is the kitchen and living room in an open floor concept. The floor to ceiling doors and windows allows for plenty of natural sunlight to enter the living space.

The condo sells fully furnished, has a full kitchen, microwave, and utensils. Brand new air conditioning units have been installed at the end of 2017.

Asking Price and Financing

The asking price for this duplex unit is $320,000. In terms of location and comparisons, the condo is sharply priced.

Other expenses are property taxes at $925 per year. Home Owners Association (HOA) fee is $350 a month. This fee also includes land tax. The HOA at Aruba Breeze belongs to the lowest in the market for any beach area property.

Long and short term rental

Due to the location and features, this unit has been particularly attractive to rent. Currently, the unit has a long term rental that is generating $1,900 per month. This contract is until August 2018, with the option to extend for another year. The gross value of the contract is almost $23,000 a year.

Property Ownership by foreigners

Aruba has an open economy and allows anyone to real estate property. All taxes, utilities and other services can be paid through online banking, making it convenient for owners.

The purchse process requires to make use of the services of the local notary public, who handles all the paperwork, such as the deed and registration.

Gallery

 

My name is Gabriel and I’m born and raised in Aruba. I’m married and a father of two. I have held many leadership positions in Aruba tourism and have been in real estate since 2008. Text or call me in Aruba at (00297) 592-4431 or email me at gabriel@realtyaruba.com, or use below form.