Investment properties in Aruba: rental yields range from 5.06% to 7.32 %
| Last Updated: Jan. 16, 2014 | |||||
| ARUBA - Houses | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 200 sq. m. | 375,600 | n.a. | n.a. | 1,878 | n.a. |
| 550 sq. m. | 942,700 | n.a. | n.a. | 1,714 | n.a. |
| ARUBA Houses | |||||
| 2 BR | 267,338 | n.a. | n.a. | n.a. | n.a. |
| 3 BR | 394,482 | 2,477 | 7.53% | n.a. | n.a. |
| 4 BR | 516,156 | n.a. | n.a. | n.a. | n.a. |
| Districts researched: Bakval, Noord/Tanki Leendert, Malmok, Oranjestad, Eagle, Palm Beach, Ponton Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
|||||
The average price per square metre of houses in Aruba has dropped from US$1,676 last year to US$1,582 this year. Currently, the cost of a 150 square metre house located in the upscale neighborhoods of Aruba such as Bakval, is about US$226,000, whereas last year, it was about US$290,000.
Rental yields remain moderate to good, although slightly lower at 6.19% now, compared to an average of 6.67% last year.
Three-bedroom houses showed the highest rental return at 7.32%. Houses with more than four bedrooms earn a moderate 5.06% rental return.
