You most likley would have to take out a 2nd morgage, because you would have to pay in full at the closing. If you buy pre-construction you only pay in phase's as the project is developed. I bought in Feb. 2006 5% up front and another 5% around October 2006, I am just now 2 years later at my final payment This is a plus because you get in on the ground level without paying all at one time an. There is no capital gaines tax in Aruba. Property tax's are very low also.