Orquidia
Residence

Orquidea Residences is a master-planned, eco-conscious residential development situated in Aruba's most sought-after hotel zone. The project encompasses 25 subdivided plots, all fully paved and equipped with a modern septic system, ready for immediate development or resale

Prime Development Opportunity in Aruba's Hotel District

Location: Salina Cerca, Noord, Aruba
Total Land Area: 14,880 m² (160,000+ sq ft)
Asking Price: USD 8,000,000

Project Overview

Orquidea Residences is a fully permitted, eco-conscious residential development situated in Aruba's most sought-after hotel zone.

The project encompasses 25 subdivided plots, all fully paved and equipped with a modern septic system, ready for immediate development or resale.

Key Features:

Mixed-Use Development: 18 luxury villas and 39 condominiums across five architecturally designed buildings. ( Can be turned into 25 Homes)
Turnkey Infrastructure: Completed roads, drainage, and sewage systems, including a treated sewage system for irrigation.
Gated Community: Secure perimeter fencing with 24/7 surveillance and controlled access.
Clubhouse Amenities: Three-story clubhouse featuring a bar, restaurant, gym, and recreational areas.
Sustainable Design: Incorporates solar panels, smart irrigation, energy-efficient appliances, and mineral-based paints.
Proximity to Attractions: Walking distance to Marriott and Ritz-Carlton beaches, and close to golf courses, dining, and entertainment.

Financial Projections

Development Costs

Construction Costs: Estimated at USD 1,200 per m², aligning with regional averages for high-quality residential construction.
Total Buildable Area: Approximately 8,000 m² across villas and condos.
Estimated Construction Budget: USD 9.6 million.
Total Project Cost (Including Land): USD 17.6 million.

Revenue Projections

Average Villa Sale Price: USD 1.2 million. (The Exclusive Estate)
Average Condo Sale Price: USD 600,000.
Projected Gross Revenue:
- Villas (18 units): USD 21.6 million.
- Condos (39 units): USD 23.4 million.
- Total: USD 45 million.

Return on Investment (ROI)

Estimated Net Profit: USD 27.4 million (USD 45 million revenue - USD 17.6 million costs).
ROI: Approximately 156%.
Payback Period: Estimated at 3-5 years, considering construction and sales timelines.

Market Insights

Tourism Growth: Aruba attracts over 1.1 million tourists annually, with numbers expected to rise, bolstering demand for upscale accommodations. (The Exclusive Estate)
Property Appreciation: Luxury properties in Aruba have experienced annual appreciation rates of 6% to 8%, indicating a robust and growing market. (bluearubarealty.com)
Rental Yields: Short-term rental properties near popular beaches enjoy high occupancy rates, with rental yields reported between 5% to 8% per year. (The Exclusive Estate)
Tax Advantages: Non-residents benefit from a low property tax rate of 0.6%, enhancing net returns on investment.