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Frequently Asked Questions
Can foreigners buy property in Bonaire?
Yes, foreigners can buy property in Bonaire and the island welcomes investment from overseas buyers with no restrictions on foreign real estate acquisition. Unlike other Caribbean destinations, foreign buyers do not require any license or permit to purchase property on the island. Both freehold and or leasehold ownership opportunities are available, the latter being common on Bonaire. Your local attorney will guide you through the straightforward transaction process under Dutch legal framework.
What are the best areas to buy property in Bonaire?
Kralendijk, the charming capital, offers convenient access to amenities and the airport. For those seeking hassle-free ownership, resort developments like Resort Bonaire, Grand Windsock Resort, and Bloozz Resort offer condos with on-site amenities and services. The established neighborhoods of Belnem and Sabadeco are ideal for families, providing a welcoming environment with easy access to diving spots and beaches. Gated communities such as Vista Royal Village and Nature Villas Bonaire provide excellent opportunities for buyers looking to purchase vacant lots for building a customized home.
What’s the average price for Bonaire real estate?
Villas typically range from US $400,000 up to US $1-2 million at the luxury end, while condos typically start at US $250,000, with oceanfront luxury apartments from US $1-1.5 million. Vacant building lots are available from US $135,000.
Is Bonaire real estate a good investment?
Bonaire is ideal for buyers seeking a tranquil lifestyle – perfect for retirees or anyone looking to get away from it all. The island offers the benefits of a relaxed Caribbean lifestyle combined with the stability that comes with being part of the Caribbean Netherlands under the Dutch legal framework. Bonaire also provides solid rental potential as a popular diving and snorkeling destination, with consistent demand from both amateur and professional diving enthusiasts.
For even more information on the buying process, legal requirements, and market insights, read our Guide to Buying Property in Bonaire.