Property Type: Property Land ( Eigendom)
Location: Santa Cruz
Address: Santa Cruz
Square Meters: 19.923 M2
Price Square M2: 60,00 Florins
Built year: 1900
Asking Price: Aruban Florin: 1.205.380 / U$: 688.788
This Property Land located in the North Western Part of Santa Cruz. And, it borders itself with the MFA Santa Cruz and also with Teatro Ser’i Noka. Furthermore, the Land is an Excellent location for a parceling development of houses. Moreover, under the current new laws of the Aruban ROP this Property Land falls under the “Woonkern Gebied met Voorwarden / Residential Area with certain restrictions”.
Moreover, due to it’s position, this Land provides easy and quick access to any part of the Island by car. Thus, making this plot of land a great place to construct some residential properties. Clearly, this plot will need a big investment. However, once done this property land can easily generate a fantastic amount of cash flow to its owner making their investment well worth it. Finally, Property Land in Residential Areas are getting scarce meaning that this opportunity cannot be ignored !!!