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Offer Price

$

Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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The Cove Condominiums, Palm Beach, Aruba

+ 25

Zone

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Noord, 01 0000AA

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$556,750
2
2
1,592
sq. ft.
$350
per sq ft
Heated sq ft: 1,420 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Condo (high rise or low rise)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Beach
New Construction: Yes
Days on Vrolio: 665

Property Description

AIRBNB WINNERS - available NOW - If you are looking for a high ROI "airbnb" Investment that you can also enjoy while in Aruba. New units available for sale! 2 Bedrooms starting at $ 556,750,- 3 Bedrooms starting at $ 612,000,- This is a unique opportunity to own a never used (OCEAN VIEW) condo in the middle of the PALM BEACH strip between all the major high-rise hotels. Rare opportunity to own a condo on the Palm Beach Strip with a high-end rooftop cocktail bar / restaurant. At the moment the construction for the rooftop pool and lounge is happening. Your neighbours are only big brand luxury hotels, walking distance to the beach, bars, restaurants. This is the perfect investment condo as this super desirable location assures a high occupancy rate all year round! a Total of only 20 luxury apartments accross of 5 km of aruba's white sand beaches. A 2 minute walk to the beach. The Cove is a residential building of two floors located in a privileged zone of Aruba Island. The cove offers an exclusive living environment with plenty of facilities in direct surrounding. The 20 apartments offer quality construction materials into a contemporary architecture for the best living experience troughout Aruba's lifestyle. The complex houses 2 bedroom and 3 bedroom units. Units are ready to move in! HOA $260 slightly increase when rooftop pool is finished (almost) Contact us and if you are interested in this AIRBNB WINNER! In case you prefer a different a style Condo, please contact us - Buyers Agent Aruba - as well. Whether you are looking for a brand new or a re-sale condominium, as the Condo Specialist in Aruba, it will be our pleasure to find and advice you the perfect condo. Contact us today for more info and / or pdf brochures. Call Now: US: +1 (561) 240-7080 WhatsApp +297-561-1408 - As your Buyer's Agent we offer LIVE Virtual Showings - https://buyersagentaruba.com - info@buyersagentaruba.com

Presented by:
Agent:
Joost Wouda
Buyer's Agent Aruba
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
No
Reason for Selling
Multiple 2 & 3 bedroom units for sale, feel free to request ROI calculations based on actual units
Foreign national buyer restrictions from government?
No
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
3
Additional Indoor Rooms
Gym Room, Living Room, Multiple Master Suites
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Wall Unit A/C
Floor Coverings
Security
Yes
Security Description
Key-less entry, security guard, parking gate, private elevator, fire protection.
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Double pane-low emissivity windows, Energy Efficient Insulation
Year built
2021
Outdoor Features
Tennis court
View
Beach, City, Ocean
Backyard Exposure
North
Lot Size
Condominium Complex
Community Features
Bar, Community Pool(s), Fitness Center, Gated Community, Ocean Access, Onsite Property Management, Restaurant(s), Stores, Tennis Court
Tax Amount/Year
$3,340
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Bar, Community Pool(s), Fitness Center, Gated Community, Ocean Access, Onsite Property Management, Restaurant(s), Stores, Tennis Court
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
On side private parking
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$9.50
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
No
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$3,600.00
Yard & Pest Control (Annual)
$200.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$4,800.00
Water/Sewer (Annual)
$1,200.00
Cable/Interbet (Annual)
$1,200.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$3,340.00
Homeowner's Insurance (Annual)
$1,200.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$3,120.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
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Income
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Weeks Rented (of 52)

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Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

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Cleaning Fees Annually

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Booking Site Service Fees ($)

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Management Fee Annually

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Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

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Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

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Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Buyer's Agent Aruba, +297 561 1408

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.