Question 1

What is necessary for me to make a reservation of a parcel?

Accepted Answer

A minimum down payment of Afl.1225,- (per parcel)
Buyers’ passports
Excerpt from population register (Censo, 5 florin)
Fill in a form

Question 2

How long will a reservation last?

Accepted Answer

The reservation of a parcel lasts 3 months, during which time the buyers are responsible for obtaining financial approval.

Question 3

How long will the entire procedure take? (purchasing the property)

Accepted Answer

It depends on how long it takes the buyer to obtain approval from a financial institution.
 
If the buyer has the means to purchase the property without the need of financing, the purchase of property can happen in about 6 weeks, depending on the lenght of the Notary's process.

Question 4

Are notary costs included in the purchase price of the property?

Accepted Answer

The notary costs and transfer tax are not included in the purchase price.

Question 5

Do I get the down payment back after purchase?

Accepted Answer

The down payment that is made will be deducted from the purchase price.

Question 6

What happens to the down payment if I cancel during the reservation period?

Accepted Answer

The down payment (minus administrative costs for Better Homes N.V. in the amount of Afl. 400.-- per parcel) shall be refunded to the buyer if during the reservation period the buyer did not receive approval from a financial institute.
If Buyer cancelled without any valid reason, the down payment will not be refunded.

Question 7

What rules are there in the residential development?

Accepted Answer

*These are some basic rules, in the contract you will receive a detailed list of all rules and you can always ask for more information.
1. In order to maintain a peaceful environment, we do not permit the land to be used as a business or apartment complex.
2. To avoid long standing empty lots, the house must be built within a minimum of 4 years after the deed is signed over.
3. Animals other than pets, such as goats, sheep, horses, cows, pigs, or other poultry/cattle is prohibited.
4. Keeping animals, rodents and some breed of dogs, that are considered dangerous and/or a nuisance is strictly prohibited. (Ask for an explanation / detailed list)

Question 8

Why are there rules if it’s property land (Eigendom)?

Accepted Answer

Keep in mind that though you will purchase propertyland (eigendom), it is in a residential development of Better Homes. The rules have been formulated over years of developing residential properties and are meant to maintain peace, order and safety for all residents.

Question 9

Do I have to build one of the model houses / Can I design my own house?

Accepted Answer

The model houses are optional; every client is free to design their own house, as long as it follows the standards of our projects.

Question 10

If I want a model house, can the layout be adapted?"

Accepted Answer

Yes, all model houses are completely adaptable e.g. adding or removing rooms, a flat roof design, etc.  We can make any changes needed to the technical drawings.

Question 11

What is permitted to be built?

Accepted Answer

It is possible to build 1 (one) house and 1 (one) apartment per parcel.
Non-permanent structures such as trailers are not permitted. 
The structures must have either a tiled roof or a flat roof.

Question 12

I don't live in Aruba, is it possible to purchase property without being there?"

Accepted Answer

Yes, it is possible for non-residents to purchase property with Better Homes.
we will need:
A minimum down payment of USD 1000,- /per parcel (via wire transfer)
Notarized Buyers’ passports
Notarized Buyers' Drivers' Licences 
Notarized Authorization letter (Power of Attorney)
Fill in forms
Contact us for more information.

Frequently asked questions