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: contact for price

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: 25 luxury villas .
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 11,000 m² across villas .

Revenue Projections

Average Villa Sale Price: USD 1.2 million.
Projected Gross Revenue:
- Villas (25 units): USD 30 million

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.