Is Oranjestad a good place to buy property in Aruba?
Yes, Oranjestad suits buyers who want Aruba’s most central, year-round location with strong access to services, shopping, and business districts. It’s often preferred for practical living and long-term rentals versus purely tourism-driven areas, while still offering residential, condo, and commercial options.
Can foreigners buy property in Oranjestad, Aruba?
Yes. Foreign buyers can legally purchase property in Oranjestad with the same ownership rights as locals, and the process is handled through Aruba’s notary-based closing system. Many international buyers choose between freehold ownership or government lease land, depending on the property.
Do I need residency to buy real estate in Oranjestad?
No. You don’t need Aruba residency to buy property in Oranjestad. Non-residents commonly purchase homes, condos, and investment properties, completing the transaction through local notaries and standard due diligence steps. Residency is only relevant if you plan to live long-term in Aruba.
What’s the difference between freehold land and lease land in Oranjestad?
Freehold means you own the land and property outright. Lease land (often government-owned) means you own the building but lease the land, commonly on long terms with an annual fee. Investors compare both based on fees, resale dynamics, and intended use.
How much are HOA fees for condos near Oranjestad?
HOA fees vary widely based on building services (security, maintenance, amenities) and unit type. Some Aruba condo communities publish typical ranges and examples, but the best practice is to request the HOA budget and what’s included (insurance, security, utilities, reserves) before buying.
What should I check before buying an Oranjestad property for sale?
Confirm ownership type (freehold vs lease land), zoning/permitted use, property condition, and any existing leases if it’s tenant-occupied. For condos, review HOA rules, fees, and restrictions. Aruba closings are completed through notaries, so legal due diligence is essential.