arubabeaches.net

Today I drove around the hotel area, as I do almost every day, and saw a lot of movement at different construction projects.
For the next couple of days I’m going to bring you up to date on the construction efforts of the following projects:

Aqua (condo)
Palm Beach Plaza (shopping)
South Beach Plaza (shopping)
Divi Phoenix (timeshare)
The Cliff (condo)
Oasis [...]

Central Plaza at Paseo Herencia

Above picture show the central plaza at newly opened shopping area Paseo Herencia. Meanwhile, this week, neighboring mall project Palm Beach Plaza announced that it is reaching the highest point of the construction.
 
Paseo Herencia has been open now for a few months and I’ve noticed something interesting. The expected exodus by [...]

Foreclosures is happening a frightening pace in many markets in the United States. Some people wonder how the real estate market in Aruba is doing and if it suffers from the same problems as the US market.
Before I tackle above question lets define the term foreclosure.
Foreclosure is the legal process in which a bank or [...]

Caribbean islands are very attractive for individuals seeking real estate to invest in. Whatever the purpose of this investment might be, somewhere down the road it almost always becomes a business investment, albeit the resale of it.
Ownership of a second home abroad has fiscal implications for you personally. Taxation of a second home in many [...]

The last few years Aruba’s development has surged rapidly. This might sound well in many ears; however, over-development isn’t the way many people envision the future for this island, including myself. In order to avoid growing pains, a more structured growth would be preferable.
Earlier this week, the 2008 policy and budget for tourism were being [...]

Surely but slowly the 2007 Hurricane Season is coming to an end, officially November 30. When living in the Caribbean this is as an important fact just like it is in Florida and neighboring states. Despite the fact that Aruba might be less of a target in regards to the common paths of hurricanes, Aruba’s [...]