Real Estate

SIRES Land

Discover the Best Land Options in Aruba: Long Lease Land vs. Private

Property LWhen buying a home in Aruba, it's important to know the two main types of land available:Long Lease Land (Erfpacht) and Private Property Land (Eigendom). Let’s break it down foryou! Long Lease Land (Erfpacht)Think of long lease land as a long-term rental from the government. Here’s the scoop:● Lease Term: You get the land for 60 years, and it’s usually renewed for another 60years...

Aruba Tree

Top Places to Live in Aruba: Find Your Perfect Spot!

Aruba offers a variety of stunning locations to call home, each with its unique charm andappeal. Whether you're looking for vibrant city life, serene beaches, or a blend of both, Arubahas something for everyone. Here's a quick guide to the best areas to live on the island: Noord: Beachside BlissJust north of the capital, Oranjestad, Noord boasts some of Aruba’s best beaches, includingEagle Beach and...

Sires Real Estate

Navigating Taxes and Costs in Aruba Real Estate

Taxes Made Simple● Low Land Taxes: Enjoy the perk of low land taxes in Aruba, calculated based onyour property's value. The first $33,707 is tax-free, and beyond that, it's a mere 0.4%or $4 per $1000 of value. Costs at Closing● Transfer Tax: Expect a transfer tax of 3% for properties valued under $142,860, and6% for higher values.● Notary Fees: These typically amount to 2% of the selling price,...

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