Prime Investment Opportunity – Heritage Property in the Heart of Otrobanda
Presenting a beautifully restored heritage property located in the thriving UNESCO World Heritage district of Otrobanda, Willemstad. This unique property combines historic charm with modern rental potential and stands in an unparalleled location, surrounded by some of Willemstad’s most iconic attractions.
Property Overview: this building includes three rentable units, each thoughtfully designed to maximize comfort and privacy:
- Ground-Floor Unit: This spacious room features its own private bathroom, making it ideal for long-term tenants seeking convenience and independence.
- Two Upper Units: The upper floor includes two rental units, each with a living area, sleeping loft, and shared bathroom. Both units feature balconies, adding extra appeal for tenants with views of the vibrant surroundings.
All units come equipped with air conditioning and Pagatinu prepaid electricity meters, allowing tenants to manage their own usage, ensuring convenience and efficient utility management. A newly renovated shared kitchen on the ground floor enhances the property's communal atmosphere, ideal for students or long-term renters.
Prime Location & Amenities: Located in the heart of Otrobanda, benefits from its proximity to key attractions. Just steps from the trendy Kurá Hulanda Village, tenants have easy access to popular dining spots, bars, boutiques, wellness centers, and the Kurá Hulanda Museum. The famous Queen Emma Pontoon Bridge is within walking distance, providing access to Willemstad’s iconic Handelskade and the bustling districts of Punda and Pietermaai.
Exclusive Features and Potential: One of the unique features of this property is its expansive front plot, currently serving as a garden. In Otrobanda, such open space is rare and highly valuable. This area offers exciting development potential to increase rental yield—whether through an extension of the existing structure or the addition of new units. Expanding the property could also allow for a preserved garden and the potential for a private pool, adding value for tenants and boosting occupancy.
Investment Potential in a High-Demand Market: Otrobanda has seen substantial property appreciation, especially in the area between Arubastraat and St. Annabaai, where properties rarely come up for sale. With Willemstraat 3’s prime location in this high-demand, rapidly appreciating area, this property presents an exceptional investment opportunity with strong rental income and future appreciation potential.
UNESCO Tax Benefits: As a UNESCO World Heritage property, is eligible for significant tax advantages, including an exemption from the 4% transfer tax, offering investors a valuable financial benefit.
Asking price: 295.000 EUR
Seize this rare opportunity to invest in a historically significant property in one of Curaçao’s most vibrant districts, offering unique tax benefits, substantial rental potential, and the possibility for further development.
Contact us today to learn more about this property, schedule a viewing, or discuss financing options.