Noord Living
USD 735.000 (AWG 1.308.300)
  • 900 m²
  • 6 bedroom(s)
  • 4 bathroom(s)
  • Pool

PROPERTY DESCRIPTION

Investment Opportunity in a Highly Desirable Location!

Discover ‘Elements of Aruba’: Private Home with (Rental) Apartments

Nestled in a quiet and beautifully landscaped garden with swaying palm trees and a sparkling lounge pool, Elements of Aruba offers a unique opportunity to become the owner of a charming boutique vacation apartment complex — or to own a private residence with multiple rooms and spaces, perfect for hosting friends and family.

This property consists of a main house with two spacious bedrooms, one of which is currently used as an office. In addition, there are three apartments: one two-bedroom unit and two one-bedroom units. The apartments are ideal for both short- and long-term rentals, providing a stable income stream.

The entire property is tastefully and contemporarily decorated, radiating comfort and a modern, stylish atmosphere. The highly attractive location, which also offers plenty of privacy, allows for multiple uses: ideal for families seeking a peaceful island retreat close to beaches and island activities, or for investors looking for a turn-key and profitable rental property.

The current owners have carefully renovated the property and have personally managed it since purchase.

The Location – Catiri:

Catiri in Aruba is a charming, quiet, and green residential area, perfect for those seeking serene and authentic island living, away from the tourist crowds. Conveniently located between Noord, Oranjestad, and Tanki Leendert.

With easy access to local amenities, beautiful beaches, and vibrant island culture, Catiri offers the ideal combination of comfort and tropical paradise. It’s a great place to live or invest in Aruba’s booming real estate market.

For Investors:

Elements of Aruba is already a turn-key business with great potential for a steady income stream. The apartments are specially designed for tourists looking for modern, stylish accommodations in a peaceful prime location.

With three units, you can accommodate multiple guests simultaneously and generate income year-round. The current owners live next to the apartments and are available to assist guests if needed, making management effortless. The main house could also be easily converted into a fourth rental unit.

Based on our years of rental experience, we estimate the potential operating return at 8–9% annually, with property value appreciation at 5–6% per year, giving investors a total annual return of 13–15%.

For Families:

Imagine a tropical retreat where your loved ones can gather or even live together. With ample space for visiting family, plenty of privacy for each apartment, and a tranquil outdoor area to enjoy Aruba’s perfect climate, Elements of Aruba is ideal for creating lasting memories.

Its central location makes it easy to explore everything Aruba has to offer, while the garden and pool provide a private oasis of relaxation.

Property Features:

  • Modern home with 2 spacious bedrooms and a contemporary bathroom
  • 3 spacious (rental) apartments of approx. 50 m² each, featuring:
    ▪ Separate bedroom(s) for privacy
    ▪ Comfortable living/dining area with kitchenette
    ▪ Modern bathroom with walk-in shower (hot water)
    ▪ Private, covered veranda – ideal for relaxing
  • Fenced garden with private parking
  • A tranquil lounge pool surrounded by lush palm trees
  • Centrally located – just a 7-minute drive to Aruba’s most beautiful beach and close to all major tourist attractions

Discover the perfect combination of tranquility and island living in this beautiful apartment complex in Aruba – where modern and stylish design meets privacy and relaxation – with every detail chosen for a comfortable stay.

Whether you're looking for a smart investment, a vacation home, or a place to call home: Elements of Aruba offers endless possibilities.


MORE FEATURES

LocationNoord
Bedrooms6
Full bathrooms4
Land size900 m² (9.688 Sq Ft)
Build up size328.62 m² (3.537 Sq Ft)
PoolYes
Pool type
FurnishedFully Furnished
Alarm systemYes
Hot waterYes
Garage0
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