Kas Leon Boutique Apartments – Monumental Charm & High Returns in the Heart of Willemstad

Located in the heart of the UNESCO World Heritage district of Otrobanda, Kas Leon Boutique Apartments offers a rare investment opportunity: a fully renovated, monumental complex comprising six luxury accommodations – ready for immediate operation and strategically positioned for both attractive returns and long-term value growth.

Unique Real Estate in a Historic Setting

The complex consists of five stylishly furnished apartments, two of which offer sea views, and one exclusive private villa with its own swimming pool. All units have been recently delivered turnkey, with high-quality finishes in monumental style, top-tier built-in appliances, and luxurious new European furnishings.

The location is ideal: within walking distance of the Queen Emma Bridge, Kura Hulanda, the Rif Fort, and various restaurants and cultural hotspots. At the same time, the spacious corner lot offers abundant natural light and ample parking – a rarity in the historic city center.

Attractive Returns and Growth Potential

Based on a conservative calculation, the potential gross yield is at least 10%-15%. Curious to learn more? We are happy to provide additional details in our comprehensive sales brochure.

Furthermore, revenue growth of at least 25% is expected within 2 years, driven by strong guest reviews and increasing tourist demand for the historic city center, especially in Otrobanda.

Rare Plot with Expansion Potential

The corner lot within the UNESCO area is exceptional in both size and potential. In addition to the monumental building, an adjacent plot of 165 m² is included. A building permit has already been requested, and a full construction plan has been prepared for two additional apartments of 90 m² each, with a shared pool and garden. Please refer to the attached renders. Construction supervision and a contractor are available.

The expansion option offers investors multiple scenarios, such as creating a shared pool and garden for all units or selling the new apartments through a construction-sale agreement.

Additional Benefits

No transfer tax (0%), additional investment deductions, and lower mortgage costs due to the property's monumental status. In addition, if purchased through a Stichting Particulier Fonds (Private Foundation), no income tax is payable.

Layout – 6 Self-Contained, High-End Units (with individual house numbers and utility meters):

• Mufasa Penthouse – 2 bedrooms, 2 bathrooms, balcony with panoramic sea view
• Pride Villa – 3 bedrooms, 3 bathrooms, garden and private swimming pool
• Timon Terrace – 1 bedroom, 1 bathroom, balcony with sea view
• Rafiki Residence – 1 bedroom, 1 bathroom
• Pumbaa Pad – 1 bedroom, 1 bathroom
• Zazu Suite – 1 bedroom, 1 bathroom

All units feature a private kitchen with island and a generous living room.

For more information or to schedule a viewing, please contact one of the listing agents mentioned above.

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!