Property ID : AUAL28101521
For Sale $7,000,000.00 - Land
You won’t find a better place to start your dream – Location is key!
This fantastic investment property for sale is a plot of 12.806 m2 / 137.842 sq ft land, situated at Palm Beach and the hotel area and is only steps from the beach!
With the purchase of this property land comes a permit to build a condo, hotel and casino.
It is a great investment opportunity with an amazing return for a very well located plot ground.
Tourism in Aruba is booming. The island saw a 16.2 percent increase in stay over visitor arrivals in the first half of 2015, making it the Caribbean’s fastest-growing destination in the first half of 2015, according to data from the Caribbean Tourism Organization.
This lot is located in one of the most accessible areas of Aruba that provides a beautiful and refreshing environment for residents. Palm Beach is a tourism district about 6 kilometers northwest of Oranjestad, the capital of Aruba. A number of high rise hotels are located here. A beautiful shopping district adjacent to the hotels was finished in 2009, The Paseo Herencia Mall. In addition, various time-share ownership and full-time ownership condos have been and are being built in the area.
Together with neighboring Eagle Beach to the south, Palm Beach beach placed seventh on TripAdvisor Travelers’ Choice 2013 list of best beaches in the world.
So what’s a better investment and value for your money than house a condominium, hotel and casino on this fantastic and well known piece of land?
For serious inquiries, please contact us for more information on +297.525.2525