T h e R o y a l P l a z a M a l l - l o c a t e d i n Oranjestad, the capital and largest city of Aruba , Dutch Caribbean . Netherland Kingdom.
The Royal Plaza is one of the very first things that tourists see when they get off the cruise ships. The island gets about a million visitors/year. Half a million visitors arrive at the Aruba Port via Cruise Ships
The total built-up area of the commercial building is 13.438 m2 ( 144.645 sq.ft )
The total rentable area is 11,416 m2 (122880.80 sq.ft ) The port is currently expanding and expecting to be the biggest in the caribbean.
Financing
Foreign investors count on extensive financing options in Aruba. Banks give loans up to the 60% of the value of the property, with mortgages from 10 to 30 years, based on the age of the borrower. In general, these mortgages have a fixed rate of 7% according to our last survey.
Investment Highlights
Premier Tourist and Local Market -
Excellent Performing Stores with great rentability.
Yearly Tourist population of 1M +.
High Traffic Counts and Exposure with Port and Beach Street. In the middle of Oranjestad
Less than 200 feet from Aruba Port.
Tenants Include: Hugo Boss, Tommy Hilfiger, Little Switzerland, Swatch, Swarovski, Swatch, Del Sol, Cariloha among others.
Iconic Landmark