How to Purchase
Whether you’re considering one of our 18 villas or 39 condominium units, this guide will walk you through the process of purchasing real estate in Aruba. From legal considerations to financial assistance, we cover everything you need to know to make the dream of owning property on this beautiful island a reality.
General Process
Buying real estate in Aruba is an exciting venture, and whether you’re an Aruban resident or a non-resident, the process is straightforward. Non-residents can purchase property and stay for up to 180 days per year without requiring additional permits. Interested in staying longer? Purchasing property could qualify you for a residence permit. Learn more about the requirements and residency benefits here.
DIMAS
Non-residents or foreigners are welcome to purchase property in Aruba, following the same buying process as Aruban residents. Non-residents homeowners are permitted to stay in Aruba for up to 180 days per calendar year without the need for residency or additional permits. Purchasing property in Aruba may qualify someone for a residence permit, which remains valid for one year and can be renewed annually thereafter. For more detailed information, please visit the website of the Department of Integration and Management of Foreigners (DIMAS) https://www.dimasaruba.aw/en/
THE DIFFERENCE
Long lease land: The land is government-owned, and you obtain a lease on the land for a predetermined duration, typically 60 years. During the lease period, you have the right to utilize the land as if it were your own, while adhering to the relevant general and specific leasehold terms and conditions. With long lease land, you are required to pay 2 types of taxes: lease tax and land tax.
Property land: property land refers to land owned outright by the deed holder. As the owner of the land, you possess complete ownership rights over both the land and any structures erected upon it. Additionally, you are required to pay only 1 type of tax: land tax. In the case of Orquidea Residences, it is property land.
THE TAX SYSTEM
Aruba offers appealing tax advantages for property owners. The (yearly) land tax is usually low and determined by the property's selling price, with various brackets depending on its value. For property land, land tax is around 0.4% of the purchase price. Purchasing property in Aruba entails additional costs beyond the selling price. Closing costs are typically around 7% - 10%, depending on the property’s value. The transfer tax rate (a one-time tax) for all transactions is 3% for amounts up to AWG 250,000 and 6% for any value exceeding AWG 250,000. There could potentially be extra costs if financing is required. Notary fees for transfer deed (and mortgage deed if necessary) are around 1% - 2% of the value.
Mortgage Loans
Non-residents can surely apply for a mortgage loan at most local banks. For non-residents interested in purchasing or constructing a home, most financial institutions require a deposit. The deposit amount varies depending on the bank or financial entity, and typically, the loan amount cannot surpass the property’s appraised value. Local banks typically require a 40% down payment with interest rates between 5% - 7%. Non-residents can generally secure financing for 40% - 60% of the property’s value, depending on age and income. Please note that these amounts are estimates and may change based on bank regulations.
Governing Law
Under the National Ordinance to Prevent and Combat Money Laundering and Terrorist Financing (AML/TF – AB 2011, 20. 28) our company is required by the law to identify and request personal information from all our customers before signing a sales order or purchase agreement.
Overview
Investing in Orquidea Residences in Aruba combines modern luxury, sustainability, and strong returns. Situated near popular beaches, these properties attract high demand and rental yields. Access to quality dining and amenities enhances appeal, while the region’s tourist-driven market increases the potential for profitable short-term rentals. Energy-efficient construction—including thermal insulation, double-glazed windows, and Mitsubishi inverter A/C units—reduces utility expenses. Solar-powered systems, durable materials, and a water management system that reuses 100% of water boost eco-friendly credentials and minimize maintenance costs, while lush tropical landscaping elevates both aesthetic value and rental desirability.
These features translate into reliable capital appreciation, consistent rental income, and lower operational expenses. Proximity to top attractions ensures ongoing buyer and tenant interest, while sustainability measures align with market trends and reduce long-term costs. In short, Orquidea Residences offer not only an attractive lifestyle but also a solid financial investment bolstered by strong property values and environmentally conscious design.
