Property for sale in Aruba

1/ Orangestad, the capital of Aruba

Orangestad (meaning Orangetown in Dutch) is the largest city of Aruba, it is also called "Playa". It is composed of 33.000 inhabitants and was established in 1796. The economy is mainly based on tourism.

Get more information on properties for sale in Orangestad.

2/ Aruba

Aruba is an island in the Antilles which is 33 Km-long. The climate is dry and arid. It is composed of 103.000 inhabitants and was autonomous in 1986.

The economy is based mainly on tourism and related activities.  Tourists mainly come from the United States and Venezuela. Agriculture, oil processing and manufacturing now play a minor role in Aruba's GDP.

2/ Property for sale in Aruba

The property market in Aruba seems very attractive mainly due to the rapid expansion of the tourism industry. There are no official data of property prices in Aruba but locals have seen the prices of real estate increase in recent years. The country is now expecting a high level of hotel and resort developments particularly thanks to foreign investments.

So Aruba is currently on the investors' world map regarding healthy and safe return on investment in the long run.

To be noted: the Aruban government has changed some tax laws to reduce the deficit since 2006. As an example a  3% tax was introduced on services and sales. Also business income taxes have been reduced by 20%. Income taxes were also lowered.