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Thread: Amazing rental home for sale 4 bed 3.5 bath - excellent rental income opportunity

  1. #1
    Member EdandLiz's Avatar
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    Arashi Beach, Baby Beach, San Nicholas, Oranjestad, Noord.. Basically the whole dang island!
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    Amazing rental home for sale 4 bed 3.5 bath - excellent rental income opportunity

    Looking for a large family home or do you know someone looking for a great investment property? Large (256 square meters, 2,577 square feet - 1.5 stories), fully furnished (all high quality furnishings), 4 bedroom 3.5 bathroom with 2 balconies that provide amazing sunset views. Constructed in 2012. Very large 3 x 7 meter in ground salt water pool, lounge area and large covered back porch (new in Dec 2015). Has EXCELLENT short term rental history, with repeat business and 5 star reviews on all major rental sites. Located in San Miguel, with unobstructed sunset views and tourist area. Asking $610,000, negotiable.

    Here is a link to our Youtube Video..

    https://youtu.be/ThaaqJlNNU4 (copy and paste)

    Pics:

    Amazing rental home for sale 4 bed 3.5 bath - excellent rental income opportunity-san-miguel-1.jpgAmazing rental home for sale 4 bed 3.5 bath - excellent rental income opportunity-san-miguel-2.jpgAmazing rental home for sale 4 bed 3.5 bath - excellent rental income opportunity-san-miguel-3.jpgAmazing rental home for sale 4 bed 3.5 bath - excellent rental income opportunity-san-miguel-14.jpgAmazing rental home for sale 4 bed 3.5 bath - excellent rental income opportunity-san-miguel-kitchen-2-oct-1.jpg


    NOTE THIS IS OUR PRIVATE HOME WE ARE SELLING.

    I can provide income and expenses... 1st quarter 2016 occupancy was 74% (this was our 1st year!) and we have rentals already every month, through August, and then again November 2016 - March 2017!! We lived in it prior, but just just too big for us! ROI is 9-11%

    We now want to build a smaller "cunucu style" home so hubby can have chickens, etc...

    Thanks.


    Last edited by EdandLiz; 03-29-2016 at 12:41 PM. Reason: add pics
    Ed and Liz Ginocchio Golden Reef Hospitality - Your Aruba Dream Mgmt. Rental Vacation Homes
    We manage your home just like it was our own! www.myarubadreamvilla.com


  2. #2
    Senior Member glynis's Avatar
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    Hello ...I was told you where selling it ,back in March that's a surprise..So it will be goodbye neighbours .
    Good luck n

  3. #3
    Member EdandLiz's Avatar
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    Yes, we were thinking about it. IT is so big.. we are looking for something smaller! But you know that things can sell slow.. .so I'm sure we will be neighbors for a bit!!!
    Ed and Liz Ginocchio Golden Reef Hospitality - Your Aruba Dream Mgmt. Rental Vacation Homes
    We manage your home just like it was our own! www.myarubadreamvilla.com


  4. #4
    Member EdandLiz's Avatar
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    Feb 2015
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    Arashi Beach, Baby Beach, San Nicholas, Oranjestad, Noord.. Basically the whole dang island!
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    We just lowered the price... $550,000 and with $250,000 down we will finance the remainder for 10 years @4.5% (down here mortgages rates start at around 7% with 50%+ down).... ROI 11.5%, so it will definitely pay for itself and put a little money in your pocket and you will have a place to stay on Aruba.. WHEN EVER YOU WANT!
    Ed and Liz Ginocchio Golden Reef Hospitality - Your Aruba Dream Mgmt. Rental Vacation Homes
    We manage your home just like it was our own! www.myarubadreamvilla.com


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