Luxury 5-Bedroom Villa Koyari Noord Aruba Investment Opportunity

Luxurious 5-Bedroom Villa in Koyari, Noord – A Prime Investment Opportunity!

Overview

Welcome to your dream home and investment opportunity in Koyari, Bubali Noord, Aruba. 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 Koyari Villa:

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 2022

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 (Luxury New Large 5 Bed Pool Villa | By Bocobay). 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