Restored Heritage Building for sale in Otrobanda

special propertieswith swimming poolground floorin the centremonumentready to move inThis is your chance to invest in a beautifully restored, historic, and character-rich property in the vibrant heart of Otrobanda, right in the middle of Willemstad.

This iconic aqua-green historic building is situated in Otrobanda, one of Curaçao’s most sought-after and rapidly revitalizing historic neighborhoods. The property seamlessly blends timeless charm with modern amenities (including a swimming pool). Located within walking distance of Willemstad's finest restaurants, nightlife, and attractions (such as the Handelskade, Punda, Rif Fort, and the Pontoon Bridge, and right next to the lively Kura Hulanda Village), this is an ideal investment for the discerning investor seeking a distinctive property with immediate income potential. It is also conveniently located near the Curaçao Medical Center (CMC).

Investment Highlights
This property features a mix of five meticulously designed rooms and a private studio, each fully furnished and rental-ready. Thanks to its turnkey setup, minimal preparation is required for new owners. Each unit comes equipped with high-speed Wi-Fi as part of the rental package, and the innovative Pagatinu prepaid electricity system allows tenants to manage their own power usage. The modern, well-finished spaces stand out in Curaçao's rental market for this demographic, leading to consistently high demand. The units are always occupied, with the current owner frequently having to decline prospective tenants.

The UNESCO World Heritage status also offers significant financial benefits, including exemption from transfer tax, adding considerable value for investors.

Property Layout

- Studio: Located at the rear of the property, this private studio features its own entrance and direct access to the garden. With a fully equipped kitchen, bathroom, and comfortable living space, it is ideal for one or two residents, ensuring high occupancy rates and stable rental income.

- Five Rooms: The main building comprises five beautifully furnished rooms that blend historic charm with modern comforts. Shared bathroom and kitchen facilities contribute to a cozy communal atmosphere, while the shared garden enhances tenant experience and retention.

- Amenities and Tenant Appeal: with six available units, the property accommodates up to eleven tenants, fostering a vibrant community feel. Exclusive access to a swimming pool—a rare feature—further enhances tenant appeal and adds significant value in the rental market. Each unit also includes air conditioning.

- Recent Renovation & Income Potential: in January 2024, the property underwent an extensive renovation, preserving its historic charm while meeting modern standards, making it an attractive investment in Curaçao’s real estate market. Some units, including the studio, offer the possibility for double occupancy at an additional rental premium, further increasing income potential.

Current rental income is €3,490 per month for the entire property. A detailed breakdown of net returns is available upon request.

Don’t Miss This Rare Opportunity
Invest in a UNESCO-protected historic property that offers immediate rental income, tax benefits, and a unique position in Willemstad’s real estate market.

Thinking big or planning for the future? This property can be purchased individually or as part of a portfolio with nearby properties. More information is available upon request.

Contact us for further details, to schedule a viewing, or to discuss financing options.