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20753678
20753676

Eagle Paardenbaai, J.E. Irausquin Blvd Z/ N, Noord, Aruba, NA, AW

Carolina Bustillos Real Estate Services
Listed by Carolina Bustillos Real Estate Services
$22,000,000
987 days on market
Updated 63 days ago

Atlantic 360 Residence

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 28,000
Net Rentable (SqFt) 28,000
Units 14
Pro-Forma Cap Rate 5%
Pro-Forma NOI $1,100,000
Price per SqFt $786
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 1
Stories 6
Zoning Tourist, Hospitality EAGLE BEACH
Parking Spaces 1 per unit
Investment Type Owner/User
Ground Lease Yes
Ownership Corporation

Multifamily | 14 Units

Marketing description

This is an awe-inspiring locale & an enticing investment opportunity an assembly of 14

LUXURY UNITS TO BE DELIVERED IN DECEMBER 2023

IDEAL FOR SHORT-TERM or LONG TERM LUXURY RENTAL BUSINESS

1700 TO2200 SQUARE FEET LUXURY CONDOS IN THE HEART OF EAGLE BEACH ARUBA

Closing in 60 days

BRAND NEW CONSTRUCTION

Finance in Aruba 20/80 LTV at 8% aprox.

An impressive residential building, conceived for an exclusive group of only 25 owners on a 2892 meters lot 400 feet from the most beautiful beach.

where you will find tranquility, comfort, beauty and elegance, located in Eagle Beach, one of the most privileged areas of

the island of Aruba and, one of the most beautiful beaches in the world.

✓Located in a privileged area, just steps from Eagle Beach.
✓It has a spectacular 360-degree view.
✓Atlantic Residences has top-quality finishes.
✓Surrounded by wonderful landscapes, hotels, and restaurants.

14 SHORT-TERM LUXURY rental business 1700 TO 2200 SQUARE FEET LUXURY CONDOS

The most elegant residences.. On the most beautiful beach.. On the sunniest island in the Caribbean. Aruba!

Residential Features

A Modern Luxury Building

  • ✓ Seven levels and two towers or modules, placed on a triangular corner plot.

  • ✓ The entrance is defined by a triple height monumental atrium,

  • ✓ The building has an excellent thermal comfort, with the most updated and less polluting air conditioning system on the market.

CURRENTLY 4 UNITS ON AIRB&B AND ALREADY RECOGNIZED AS SUPER HOST STATUS, committed to guest satisfaction.

Investment highlights

  • Luxury condo on Hospitality Pink area in Eagle Beach , Aruba.

  • Escarce Inventory in the area.

  • prime construction and finishes.

  • Aruba is a Netherland Island outside of hurricanes Belt.

  • Aruba is an autonomous territory of the Netherlands and one of the most prosperous territories in the Caribbean.

  • One of the best beaches in the world.

  • Scarcity of Daily Luxury 3 bedrooms or 2 bedrooms rentals in the area.

  • Construction Moratorium until 2027 in the ENTIRE area.

  • New Construction with great finishes and Italian Kitchens/ Bath

  • Amazing ocean and city views.

  • Only 25 luxury condos ( 14 available IN THIS OFFERING )

  • Low Yearly tax ( 0.004%)

  • Most secured island in the caribbean

  • A tourist magnet.

  • 2 , 3 & 4 BEDROOMS 3.5 BATH .

Listing Contacts

Carolina Bustillos Real Estate Services
Listed by Carolina Bustillos Real Estate Services

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