Objective Realty Aruba

FAQ

Got Questions? We've Got Clear Answers.

Aruba real estate made simple.

๐ŸกBuying Property in Aruba

Signed Sale and Purchase Agreement, notary and source of funds forms, and passport copies. If someone signs on your behalf, a notarized power of attorney is required and the notary verifies all identities.

๐Ÿ’ฐClosing Costs & Taxes

Yes. BBO is a 1.5% tax applied at closing, typically paid by the buyer as part of closing costs.

๐ŸฆBanking & Mortgages

Yes, several local banks offer mortgages to non-residents, typically requiring a larger down payment than for residents.

๐Ÿ“ˆInvestment Facts

Short-term rental properties in popular areas can see gross rental yields in the range of 6-10% annually, depending on location and management.

๐Ÿ Utilities & Monthly Costs

Electricity, water and internet for an average home typically range from $150 to $400 per month depending on AC usage and property size.

๐Ÿ›กInsurance & Legal Protection

Yes, homeowners' insurance covering hurricane, fire and liability is strongly recommended and often required by mortgage lenders.

โœˆResidency & Living in Aruba

Property ownership alone does not automatically grant residency. A separate residency permit application is required through the Aruban government.

๐Ÿ–Beaches & Property Rights

Yes, all beaches in Aruba are public by law, even when adjacent to private resorts or residences.

๐Ÿ‡ฆ๐Ÿ‡ผLife in Aruba

Papiamento and Dutch are the official languages, but English and Spanish are widely spoken, especially in business and real estate.

Still Have Questions?

Our team is happy to walk you through anything that's still unclear, no question is too small.