Looking for an attractive real estate investment opportunity in Curaçao? Located on Mgr. Kieckensweg, in the Welgelegen neighbourhood of Otrobanda, this recently and fully renovated complex features eleven independent studios on a single plot. Thanks to its practical layout, high-quality finishes and various on-site amenities, this property offers an interesting opportunity for real estate investors.
 
Most of the studios are currently rented out, generating immediate rental income. With a gross annual return of approximately 10%, this property offers an attractive investment opportunity in Curaçao.

The Complex
The complex is situated on approximately 675 m² of owned land and has a built-up area of around 350 m². The property is divided into eleven independent studios, each featuring its own entrance, a bathroom with Grohe sanitary fittings, a kitchenette and a separate electricity meter.

The studios are divided into different sections, making the complex suitable for renting to various target groups. The property is finished to a good standard, including aluminium window frames and doors fitted with double glazing.

In addition to the studios, the property includes a spacious storage room, a double garage and a separate laundry room at the rear of the plot. The complex has three separate entrance doors and gates and is equipped with both 110V and 220V electrical connections, as well as a hot water supply.

Finishes and Modern Amenities
During the renovation, attention was paid to quality, comfort and convenience. The complex offers various modern amenities, including:

• Bathrooms fitted with Grohe sanitary fittings
• Aluminium window frames and doors with double glazing
• Kitchenettes in all studios
• Separate electricity meter for each studio
• Hot water supply
• Both 110V and 220V electrical connections

Outdoor Space and Shared Facilities
The outdoor area has also been designed with various facilities for residents. On the left side of the property, there is a swimming pool where residents can enjoy a refreshing swim.

The front terrace is equipped with a 6 x 5 metre shade sail and features a shared outdoor kitchen and barbecue area.

Central Location in Otrobanda
The complex is located in Welgelegen, in the Otrobanda neighbourhood. This central location offers convenient access to various important amenities in Curaçao.

The historic city centre, Curaçao Medical Center (CMC), shopping centres and several restaurants and cafés are all located nearby. The airport is also easily accessible from this location.

The location makes the property attractive to various tenant groups, including medical professionals, students, expats and temporary workers.

An Interesting Investment Opportunity
With eleven self-contained studios, private facilities in each unit and a central location in Otrobanda, this property offers an attractive opportunity for real estate investors.

With long-term rentals, the property can generate a gross annual return of approximately 10%, making it an appealing investment for those seeking attractive rental returns.

Interested in this investment property or would you like to receive more information? Contact us for further details or to schedule a viewing.

Otrobanda Curacao

Otrabanda is a historically important quarter of our capital, Willemstad, Curaçao. This beautiful district came to a bloom when the once walled city of Punda, Willemstad, became overpopulated.

Otrobanda stands 'the other side’ and is connected to Punda by the Queen Emma Bridge (also known as "The Swinging Old Lady”). If you travel by car from Punda to Otrobanda, you use the Queen Juliana Bridge.

Otrabanda has a several highlights like: the brand new hospital (2019), the  famous  Kura Hulanda Hotel, Restaurant The Gouverneur and the modern shopping mall and movie theater at Renaissance Resort and Casino. The Brionplein (Brion Plaza) is the centerpiece of Otrobanda’s waterfront.

Willemstad has over 700 UNESCO listed buildings and many are located in Otrabanda. Most of these buildings have been restored and renovated to serve as homes, shops, restaurants and hotels.

Otrabanda is hip and upcoming and a very popular place to live!