Can a foreigner purchase property in Aruba?
A foreigner can easily purchase property in Aruba. As a constituent country of the Kingdom of the Netherlands, Aruba allows foreigners to acquire real estate under the same conditions as local residents. Buyers can own apartments, houses, and even plots of land. There are, however, two main types of ownership: freehold land, where the buyer permanently owns both the land and the building, and lease land, where the land belongs to the Aruban government but is leased—typically for 60 years—with an option to renew. The purchase process is transparent and carried out in the presence of a notary, who prepares the documents and registers the property. There is no requirement to hold citizenship, residency rights, or a local bank account, making Aruba one of the most open and secure Caribbean destinations for international investors.
What are the most attractive regions in Aruba for real estate investment?
Aruba offers several exceptionally appealing regions for real estate investment, each with its own unique character and return potential. The most prestigious and sought-after location is Palm Beach, situated on the island’s northwest coast. It’s a vibrant tourist hub filled with luxury hotels, fine restaurants, and pristine beaches — perfect for investors seeking short-term rental opportunities. Due to the high tourist traffic, Palm Beach guarantees strong profitability, although property prices are among the highest on the island.
Right next to it lies Eagle Beach, famous for its wide, white-sand beach and more relaxed atmosphere. It’s an excellent choice for those looking for a luxury lifestyle investment with rental potential, often at slightly lower prices than Palm Beach.
Another prime area is Malmok, also known as the “Gold Coast.” This exclusive and tranquil neighborhood is dominated by ocean-view villas and upscale homes. Malmok attracts investors seeking privacy and elegance, though the market here is smaller, and properties may take longer to sell or rent.
In contrast, the southern part of the island, San Nicolás, offers more affordable prices and significant growth potential. While it’s less tourist-oriented, its developing infrastructure and rising investor interest are driving steady appreciation in property values.
In summary, Palm Beach and Eagle Beach are ideal for premium investments and vacation rentals, Malmok suits those seeking peace and prestige, and San Nicolás presents an attractive opportunity for long-term investors looking for growth potential.
