What Is Lease Land in Aruba?
Lease land in Aruba is land held under a long-term lease agreement rather than full ownership of the land itself. Buyers typically acquire the right to use and build on the land for a fixed period, subject to lease terms and annual lease fees.
Unlike freehold land, lease land involves ongoing obligations, including lease payments and compliance with lease conditions. Understanding these differences is essential before purchasing, especially for foreign buyers and investors.
