What is the difference between freehold and long lease land in Aruba?

Freehold means you own the land outright. Long lease means the government owns the land and grants a long term right of use, usually sixty years, against an annual ground rent that can be revised. Long lease property is common and financeable, but the remaining term affects value and mortgage options.

Aruba areas

Real Estate in Noord, Aruba

Family homes, new build residences and land in Noord, the district behind Palm Beach where most of Aruba's residential construction happens.

The residential heart of the island

Noord covers the neighbourhoods inland from the resort strip, including Tanki Leendert, Tibushi and Salina Cerca. It is where you find three and four bedroom homes with a pool, gated developments and building lots, at prices below the beachfront while staying five to ten minutes from Palm Beach.

Land and new construction

Building lots in Noord come as freehold or long lease from the government. Long lease carries an annual ground rent and a term that can be renewed, and it changes what banks will finance. Both routes work, they simply need to be understood before you commit.

Frequently asked questions

What is the difference between freehold and long lease land in Aruba?: Freehold means you own the land outright. Long lease means the government owns the land and grants a long term right of use, usually sixty years, against an annual ground rent that can be revised. Long lease property is common and financeable, but the remaining term affects value and mortgage options.

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