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 for
you!
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 60
years after that.
● Annual Fee: You pay a yearly lease fee, which stays the same for the first 60 years
but might go up when renewed.
● Prime Locations: Some of the hottest spots like Palm Beach, Eagle Beach, and
Noord feature long lease land.
● Your Rights: You can use, sell, mortgage, or transfer the lease just like you would if
you owned the property outright.
Private Property Land (Eigendom)
Private property land is just that – it’s completely yours. Here’s what you need to know:
● Full Ownership: You own the land indefinitely, no strings attached.
● Annual Tax: You pay a yearly property tax.
● Flexibility: You can do whatever you want with the land – sell it, build on it, or keep it
in the family.
Key Differences
● Ownership:
○ Long Lease Land: Owned by the government but leased to you.
○ Private Property Land: Fully owned by you.
● Duration:
○ Long Lease Land: 60-year terms with renewals.
○ Private Property Land: Yours forever.
● Fees:
○ Long Lease Land: Annual lease fee, possibly increasing after 60 years.
○ Private Property Land: Annual property tax.
● Locations:
○ Long Lease Land: Found in prime spots like Palm Beach and Eagle Beach.
○ Private Property Land: Available all over the island.
Choosing between long lease land and private property land depends on your needs andand
