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Just Returned from Aruba; Great Place for Real Estate Investment

By
Real Estate Agent with Cypress Residential Group

 

I just returned back from my very first trip to Aruba. Aruba is a beautiful county, boasting some of the best beaches in the Caribbean, while at the same time being home to the desert. Seems like a strange combination, but certainly makes this tiny island unique.

Over the last few years Aruba has found itself in the mist of a construction boom including both low and high end properties. Those properties include luxury hotels and condominiums on the beach. According to GlobalPropertyGuide.com, the average price of a beach front condominium ranges from $500,000 to $1 million in U.S. dollar. Houses in Aruba on average run about $1,476 per sq. m.

Aruba should continue to see prices rise as they are quickly becoming the tourism hot spot in the Caribbean partially because the pristine white beaches, constant trade winds cooling the atmosphere and maybe the most important factor - being located outside of the hurricane belt.

I also feel the residents of Aruba certainly have an impact on why the place is so popular amongst tourist and individuals looking for investment opportunities. The people are so nice! I can’t say that enough. Everyone truly goes out of their way to ensure visitors have a great visit to their beloved country. Excellent food, accommodations and hospitality are the norm in this county. We were even invited into the home of the former Ambassador of Aruba to enjoy a nice dinner. I can't ever recall a stranger inviting other strangers into their home for dinner here in the United States.

During one afternoon, my group took a private Jeep tour of the island. One member or our group asked the tour guide if he could stop for a restroom break. Guess where he took us? Over to his brother’s house. His brother was more than honored to welcome us into his home and was more than happy to be “the bathroom break” pit stop location. Just goes to show that native Aruban’s embrace kindness and know a thing or two about great hospitality!

(Pictures from the Ambassador of Aruba's home)

Are you looking to buy or sell a home in the Caribbean or in other parts of the world? I have been involvement in numerous transactions in various states and across the world. Feel free to contact me and I will put my connections to work free of charge to you!

Wishing you all my best! Reporting live here in Lexington, Kentucky! – www.KimSoper.com!
When you think of Lexington KY real estate, think www.KimSoper.com and let’s get started today!
Kim Soper, REALTOR
Residential & Commercial Real Estate
www.KimSoper.com
Multi Million Dollar Producer
Relocation Specialist
CMS Certified e-Marketing Specialist
Keller Williams Bluegrass Realty
2424 Harrodsburg Road, Suite #101
Lexington, KY 40503
(859) 509-8008 cell
(859) 269-0065 fax
Melissa Juarez
Massachusetts Buyers Broker Agency, LLC - Quincy, MA

Thanks Kim for the great post.  Aruba is a wonderful country and has many opportunities for investment.

Mar 09, 2010 12:53 AM
Lisa Delzompo 951-704-4559
Sand to Sea Properties, Inc. - Palos Verdes Peninsula, CA
Experienced, Trusted, & On Your Mission: Home

That sounds interesting.  Maybe you could put together a brief guide of what is involved or different when buying in Aruba as opposed to the US.  The unknown is scary, so perhaps some knowledge would make it doable.

Mar 09, 2010 12:54 AM