Earlier in 2019 it was announced that exclusive and luxury brand Radisson Blu Hotel and Residence Aruba is coming to Palm Beach. The development is scheduled to open in early 2020 and is located along all the major hotels in the Palm Beach strip, near world famous beach Palm Beach.
Radisson Blu offers hotel and luxury condo units for sale and together with the exclusive brand of Radisson Blu, both leisure customers and buyers (investors) will gain additional value by this exclusive brand. Especially when considering that Radisson Blu doesn’t boast an extensive presence in the Caribbean.
In case you purchase a unit and choose to put it on the market for vacation rental, Radisson Blu will integrate it seamlessly with their worldwide platform, this way offering your unit an exposure others can only dream off. The vacation rental company is expected to offer you a ROI between 9 to 12% a year against the purchase price.
Units available are 99 square meter (1066 square foot) with 2 bedroom, 2 bathroom, and you could pick from ocean view or island view. There are also larger units for 206 square meter (2217 square foot) with 3 bedroom, 3.5 bathroom, a penthouse really. The monthly maintenance fee is $2.50 per square meter.
As it stands Radisson Blu Hotel and Residence Aruba is the only building in Aruba that has a LEED (Leadership in Energy and Environmental Design) certification. This may be beneficial should you decide to put the unit back on the market down the road.
The amenities offered are everything you can expect from a brand of this caliber, such as gated private property with 24/7 secured and access controlled gate entry and valet parking. The Club House comes with a fully equipped gym with lockers, concierge services, spa & sauna, market, massage room, meeting room, first aid room, nursery, business center with fast internet, bar, restaurant, BBQ pits and gaming room.
In terms of surroundings, expect lush tropical landscaping, large lagoon-style swimming pool, children’s wading pool and playground, whirlpools, water cascades and fountains.
To make matters even more attractive, this development is the only one of its kind on private property land, with in Aruba is a rarity. This also means that the property taxes are lower then domain land (long lease land).
In total the development consists of 208 units.
At the time of writing we can offer a special price for the 2 bedroom, 2 bathroom unit as mentioned above.
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