We just left Aruba after our third trip in the last 18 months. We love
the Island and are thinking of buying a condo. We are a little concerned
about buying in a foreign country but think it will be a good
investment. What are your thoughts?
Miriam Engeln:
Very often I hear from
my clients that they were told that non-residents cannot buy a condominium/
home in Aruba. I can tell you that these stories are not true. All
non-residents can buy in Aruba, going through the same process as the Aruban
residents. They can buy a property on property land as well as on lease land.
The local banks can even finance the purchase up to 60%. The rental income is
very good in Aruba and I would love to show you Century 21’s listings during
your next visit.
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