Overview – The Bonaire Real Estate Market
The small island of Bonaire is situated in the Southern Caribbean Sea just off the coast of South America. The warm waters surrounding the island are famed for their spectacular reefs reefs which have been protected since the 1970’s and are designated a national marine park. Besides the marine life, there are over 200 species of bird, including pink flamingos which outnumber the human population of 15,000. The diverse marine life and bird life combines to make Bonaire one of the Caribbean’s top eco tourism destinations, one of the world’s premier diving destinations and a great real estate investment location for second home buyers with a love of the natural world.
Although commonly grouped with neighbouring Aruba and Curacao as the ABC Islands, Bonaire is actually legally defined as a special municipality of the Netherlands in the same way as St Eustatius and Saba. Dutch is therefore the official language and the legal and educational systems are based on the Netherlands.
With a high standard of living, excellent diving facilities and charming restaurants and shopping around the capital Kralendijk, Bonaire real estate is popular with American and Dutch vacation home buyers. Property for sale in Bonaire ranges from the affordable to luxury beachfront homes.
Search Bonaire Real Estate Listings
As specialists in luxury Caribbean property, we can introduce you to a wide selection of the finest residential property in Bonaire including homes for sale and condos for sale, land for sale to build your dream home, as well as commercial real estate such as hotels for sale in Bonaire .
Discover the most sought after real estate investment opportunities and benefit from unrivaled insight into the market.
To find your perfect property in Bonaire, search Bonaire real estate listings.
Discover Belnem – Read our Guide to Belnem Real Estate.
Discover Kralendijk – Read our Guide to Kralendijk Real Estate.
Discover Sabadeco – Read our Guide to Sabadeco Real Estate.
Discover Waterlands Village – Read our Guide to Waterlands Village Real Estate.
Buying Property in Bonaire
There are no restrictions on foreign buyers purchasing real estate in Bonaire and, unlike other Caribbean islands, an Alien Landholding License is not required.
Once a Sale / Purchase Agreement has been concluded, you will be required to pay a 10% deposit which will be held in escrow by a Notary. Ownership of the property is normally transferred within 6-8 weeks, at which point you will sign the deed and make the final payment.
Buyers are required to pay a 6% Transfer Tax and cover the Notary fees.
There is a 1% annual property tax in Bonaire.
If you wish to live in Bonaire permanently, you can apply for a residence permit.
Mortgages in Bonaire
Looking for financing to fund the purchase of property in the Caribbean?
Contrary to popular misconception, it is possible for foreign nationals looking to invest in Bonaire real estate to apply for a mortgage.
Our partner – a very well respected international financial organization – offers mortgages for qualifying non-residents buying, building or improving a second home in Bonaire.
For more information, see our page on: Caribbean mortgages.
Bonaire – Land for Sale
Purchasing a lot of land provides you with a blank canvas and the opportunity to build your dream home in Bonaire.
Whether you are looking for beachfront land or a centrally located lot, we’re here to help you find the perfect lot of land for sale in Bonaire.
For larger parcels of land for commercial development, please see commercial real estate listings.
Saving on Your Purchase
You could save money when investing in Bonaire real estate by using a foreign exchange expert to get the best rate for your property purchase. We have partnered with Halo Financial, a specialist in foreign exchange, to help you get the best exchange rates when making one-off or regular international payments for a property purchase in Bonaire. To see how you could save money, read more: Foreign Exchange.
Getting to Bonaire
There are regular flights to Bonaire from Amsterdam, the USA and from Dutch Caribbean sister island Curacao.
From North America, fly with Delta from Atlanta or with United from Houston or Newark.
From Europe, either fly with KLM from Amsterdam or fly to the USA and get a connecting flight.
Alternatively, fly to Aruba or Curacao and take a connecting flight to Bonaire.
Amsterdam to Bonaire: 13 hours 11 mins
Aruba to Bonaire: 35 mins
Atlanta to Bonaire: 9 hours 15 mins
Curacao to Bonaire: 25 mins
Houston to Bonaire: 11 hours 15 mins
Newark to Bonaire: 11 hours 20 minutes