Owning a vacation home in Aruba is a dream come true, but before making the investment, it’s essential to understand the true costs of ownership. Here’s a breakdown of what to expect beyond the purchase price.
💰 Key Costs to Consider
1️⃣ Initial Purchase & Closing Costs
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Property price (varies based on location & size)
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Notary costs
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Transfer taxes & government fees
2️⃣ Monthly & Annual Expenses
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Property taxes (~0.4% of the assessed value)
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HOA or community fees (if applicable)
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Utility bills (electricity, water, internet, etc.)
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Home insurance
3️⃣ Maintenance & Upkeep
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Regular cleaning & landscaping
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Appliance repairs & structural maintenance
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Pest control & pool care
4️⃣ Property Management (If Renting Out)
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Marketing & listing fees (Airbnb, VRBO, etc.)
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Management services (cleaning, guest check-in, etc.)
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Taxes & rental regulations
Is a Vacation Home Worth It?
Despite the costs, owning a vacation home in Aruba can be a profitable investment if managed correctly. With strong tourism demand, short-term rentals can generate significant income.
📩 Want expert advice on buying, maintaining, or renting out a vacation property? Contact Bold Properties Aruba today!
