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Old 03-08-2008, 10:27 PM
ArubaAdventurer
Junior Member
 
Join Date: Mar 2008
Posts: 9
Financing a house/condo in Aruba?

Hi everyone, new to the forum, but have been to Aruba multiple times and love it! Might like to consider selling timeshares and buying a condo, but on my last trip I learned that one would normally need to put 50% down and finance the rest over 10 - 15 years; quite different from the lower down payment, 30 year mortgages in the US. Not sure if this is the right place to ask (thought I had seen a Buying A House in Aruba page in the past, but now can't find it) - but does anyone have any advice on finance options for buying a place in Aruba? It seems a number of people on this forum own houses in Aruba, and just wanted to find out how people did the financing, and if they dealt with local banks how difficult/easy it was. Any advice would be great. Thanks in advance.
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