This site uses cookies. Some are essential while others improve your browsing experience and allow us to advertise. For more info visit the privacy policy page.

Allow inessential cookies for:

Your preferences have been updated.

Thanks Thanks:  0
Likes Likes:  0
Results 1 to 4 of 4

Thread: Any owners at the Oceania?

  1. #1
    Member Travelinman's Avatar
    Join Date
    Sep 2012
    Location
    The beach of course!
    Posts
    54
    Post Thanks / Like

    Any owners at the Oceania?

    I am considering purchasing a unit at the Oceania. Any opinions? Good? Bad? dumb? smart? I am a US citizen and will likely turn it into a weekly rental when I am not there.... I will not stay longer than a month and my long term plans in 20 years it to possibly retire there.

    thanks!
    0 0
     

  2. #2
    Aruba since 1979
    Moderator
    Andrea J.'s Avatar
    Join Date
    May 2007
    Posts
    33,657
    Post Thanks / Like
    it is difficult to be an absentee landlord.
    you will need a property manager that is trustworthy and communicative.
    does oceania have a management office that can handle your rentals and day to day issues that may/will arise?
    there are significant taxes too that are levied on rental property owners.

    i hope that some villa/condo/home owners will chime in.
    Quote Originally Posted by Travelinman View Post
    I am considering purchasing a unit at the Oceania. Any opinions? Good? Bad? dumb? smart? I am a US citizen and will likely turn it into a weekly rental when I am not there.... I will not stay longer than a month and my long term plans in 20 years it to possibly retire there.

    thanks!

  3. #3
    Junior Member
    Join Date
    Jul 2008
    Posts
    10
    Post Thanks / Like
    I have heard some terrible stories about Aruba and squatter's rights type litigation. I think there is a thread buried in this forum somewhere from a poor soul that has spent years getting the run around trying to move back in to their "home".
    0 0
     

  4. #4
    Senior Member ~Amy~®'s Avatar
    Join Date
    May 2007
    Posts
    2,845
    Post Thanks / Like
    Have you stayed/rented there in the past or recently? I would always want to stay there first a few times before buying anything.

    I have a good friend who WAS an owner at Oceania. He bought pre-construction and everything was fine for a few years. He rented his unit out to family/friends part of the time when he wasn't using it. He sold his unit last year and was very happy to have sold it since the other owners/renters were not quite what he had anticipated. You can PM me for more details.
    ~Amy~® -- 37th trip to Aruba: New Year's Eve 2018/2019 -- Napa: March 2019 -- 38th trip to Aruba: April/May 2019 -- Boston: July 2019 -- Paris: Sept/Oct 2019


    0 0
     

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •