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Checkout the Real Estate in Aruba There is now an atmosphere of recovery after years of falling real estate market in Aruba which can be attributed to its robust growth in economy and a continued tourism growth. The average house prices per square meter in Aruba has yet to be set, but as an example, a two-bedroom house with a pool is priced at around US$325,000. The economy in Aruba has slowly gaining grounds since the economic crisis in 2009 and property market is now recovering in the middle of their economic growth in 2013.
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Considered as the most expensive housing in Aruba is Bakval, located south of Malmok. Bakval properties range from US$800,000 to US$1.3 million with the largest group of homebuyers coming from the United States or North Americans. South Americans from Brazil and Venezuela are having a growing interest too of the real estate in the place.
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There is a growth of residential construction too in the number of construction permits for houses and apartments, with an increase by 18.8%, that help the growth of the residential market. Being tagged as paradise here on earth, Aruba’s real estate market is booming. Note that there are some tax matters that you have to bear in mind when thinking of purchasing, owning, or exploiting real estate in Aruba. Paperwork is also a consideration, as in any other parts of the world, and so it is advisable that you understand the requirements if you are contemplating on buying a piece of real estate in Aruba. Several Aruban realtors are available who can help and assist you in understanding and going through about the rules and regulations regarding real estate ownership in Aruba. In Aruba, there are several kinds of vacation property rentals available to suit the needs of every kind of visitor or tourist. Real estate rentals are offered in Aruba, whether you are looking for a simple cosy studio apartment, or a private beach side villa, a luxurious condo, or a fully furnished timeshare unit, you have these. You can choose these available properties in all price ranges depending on your needs, from location, to group size, level of comfort, square footage and amenities. Many properties are available throughout the year, but it is in December when time is busiest to the point where properties are rented way ahead in advance. Several visitors and tourists would usually select a condo or apartment as their vacation place in Aruba and these are available for long and short term stays. The homey ambiance, size and convenience of vacation apartment rentals make these units a preference of many travellers and tourists in Aruba as compared to resorts or hotels. Depending on the unit you have chosen and the length of stay, you can have free internet access, daily housekeeping, breakfast, a pool, an outdoor dining facilities and other amenities.