Welcome to your dream home and investment opportunity in ... . This luxurious 5-bedroom villa, equipped with a stunning pool and top-of-the-line amenities, offers a perfect blend of comfort, style, and profitability. Located just minutes from Aruba’s pristine beaches and vibrant nightlife, this villa is an ideal choice for both personal enjoyment and short-term rental investment. About ... : Location: Koyari, Noord, Aruba Sales Price: US$ 749,000 (not negotiable) Bedrooms: 5 Bathrooms: 4 Pool: No Pool Plot Size: 976m² Total Build-Up Area: 438.00m² (including a 39.06m² gazebo) Amenities: Modern kitchen, spacious living areas, lush landscaping, well maintained, high-speed internet, cable TV, and a sophisticated alarm system. Valuation Appraisal Report 2023 Free Market Value: $1,062,880 Foreclosure Value: $850,080 Reconstruction Value for Insurance: $914,880 Additional Features: Gazebo: (39.06m²) 3 Storage Rooms Studio Apartment Real Estate ROI Projection To help you understand the potential return on investment (ROI) for this family-sized villa in Korari, Aruba, we have compiled a comparative report based on a similar villa listed on Airbnb ( ... ). The report includes projections for ROI and rental income under two scenarios: one with a pool and one without. Using a modest occupancy rate of 60% throughout the year and considering the current living costs associated with this property, we provide a detailed analysis of the potential financial returns. General Conditions ROI Analysis Occupancy Projection: 60% annual occupancy General Management Fee: Professional property management with a 20% commission fee Monthly Costs (USD) – Increased by 60% for Water and Power Power : $448 (originally $280) Water : $536 (originally $335) Yearly Ground Tax : $503 ($42 per month) Alarm System : $176 Internet and Cable (Setar) : $162 Total Monthly Costs : $1,867 Real Estate ROI Projection To help you understand the potential return on investment (ROI) of this magnificent property, we have compiled a small comparative report with a pool and without a pool. Revenue Projections without Pool Average Nightly Rate: $650 Projected Occupancy: 60% (approx. 18 nights/month) – Monthly Revenue Calculation without Pool Gross Monthly Revenue: 18 nights * $650 = $11,700 Property Management Commission (25%): $11,700 * 0.25 = $2,925 Net Monthly Revenue : $11,700 – $2,925 = $8,775 – Net Income Calculation without Pool Net Monthly Income: $8,775 Total Monthly Costs: $1,867 Net Profit: $8,775 – $1,867 = $6,908 – Annual ROI Calculation without Pool Annual Net Profit: $6,908 * 12 = $82,896 Market Value: $750,000 Purchasing Cost (8%): $750,000 * 0.08 = $60,000 Total Investment: $750,000 + $60,000 = $810,000 Annual ROI: (Annual Net Profit / Total Investment) * 100 Annual ROI: ($82,896 / $810,000) * 100 ≈ 10.23% Revenue Projections with Pool Average Nightly Rate: $895 Projected Occupancy: 60% (approx. 18 nights/month) – Monthly Revenue Calculation with Pool Gross Monthly Revenue: 18 nights * $895 = $16,110 Property Management Commission (25%): $16,110 * 0.25 = $4,028 Net Monthly Revenue: $16,110 – $4,028 = $12,082 – Net Income Calculation with Pool Net Monthly Income: $12,082 Total Monthly Costs : $1,867 Net Profit: $12,082 – $1,867 = $10,215 – Annual ROI Calculation with Pool Annual Net Profit: $10,215 * 12 = $122,580 Market Value: $750,000 – Purchasing Cost (8%): $750,000 * 0.08 = $60,000 Total Investment: $750,000 + $60,000 = $810,000 Annual ROI: (Annual Net Profit / Total Investment) * 100 Annual ROI: ($122,580 / $810,000) * 100 ≈ 15.13% Villa Description Description This villa is designed for those seeking an extraordinary lifestyle in a tropical paradise. The open floor plan, elegant finishes, and expansive outdoor spaces make it perfect for entertaining or simply enjoying the serene environment. The villa includes a modern kitchen with high-end appliances, spacious living and dining areas, and beautifully appointed bedrooms and bathrooms. The outdoor area features a private pool surrounded by lush landscaping, creating an oasis of tranquility. Local Attractions nearby Koyari, Noord Aruba Situated in the vibrant district of Noord, Villa House Koyari 25D is just a short drive from some of Aruba’s most famous attractions. The beautiful Palm Beach, known for its white sand and clear turquoise waters, is only a few minutes away. Nearby, you will also find the bustling Eagle Beach and the serene Arashi Beach, perfect for a variety of water activities. In the vicinity, there are numerous high-end resorts and hotels such as the Ritz-Carlton, Hilton Aruba Caribbean Resort, and Marriott Resort & Stellaris Casino. For shopping enthusiasts, the Palm Beach Plaza Mall and Paseo Herencia offer a variety of shops, restaurants, and entertainment options. Villa Korari Investment Highlights Investing in this property not only provides a luxurious living experience but also a lucrative income stream through short-term rentals. With a strong annual ROI of approximately 13.27% with the pool and 9.28% without the pool, this villa is a prime investment opportunity. The property’s high occupancy rate and premium rental rates ensure a steady and substantial return on investment. Construction and Materials Foundation: Reinforced concrete slabs with a reinforced floor cast of at least 10 cm thickness. Walls & Columns: Made of 6-inch solid cement blocks with reinforced concrete ring-beam. Floors: 10 cm concrete slabs with ceramic floor tiles. Doors & Windows: UPVC swing doors, single hung or hard wooden doors; UPVC windows single hung. Ceilings: Combination of PVC grove-and-tong ceiling and open ceilings with exposed roof rafters. Roof: Combination of sloped and flat roofs with metal trusses and ceramic roof tiles. Exterior Features Landscaping: Lavishly landscaped with several palms, trees, and white pebble stones. Fence: Concrete block walls with reinforced columns, plastered and painted, with metal gates. Open Areas: Tiled concrete floors in some areas. Disclaimer: Please note that the projections provided are based on current market scenarios and estimated figures. JZ Realty does not guarantee the accuracy of these projections and shall not be held liable for any discrepancies or changes in actual performance. Investors are advised to conduct their own research and due diligence before making any investment decisions. Contact Us For more information or to schedule a viewing, please contact JZ Realty. Don’t miss out on this rare opportunity to own a piece of paradise and secure a profitable investment. JZ Realty – Your Gateway to Luxurious Living and Smart Investments in Aruba Features: - Garage - Air Conditioning - Garden - Security - Barbecue - Satellite TV - Washing Machine - Furnished
