Pega Pega Apartments

Oranjestad
For Sale - Commercial
USD 600.000 (AWG 1.068.000)
601 m²
6 bedroom(s)
6 bathroom(s)

Pega Pega Apartments Now for Sale as Part of a Unified Portfolio with Arubiana Inn and Cadushi Apartments

Pega Pega Apartments is an affordable yet promising investment opportunity located on a 601 m² parcel of land in the heart of Oranjestad, within walking distance of Surfside Beach. While the property may need updates, it presents remarkable potential for future growth and is already established as an attractive budget-friendly option for both short-term and long-term rentals. With its prime location, Pega Pega Apartments is ideal for those seeking a low-cost entry into the Aruban hospitality market.

The property features six apartments, each with private patios and sitting areas, offering guests a relaxing outdoor space. The apartments include four one-bedroom units, comfortably accommodating two guests each; one two-bedroom apartment with two bathrooms, ideal for small families or groups; and one studio apartment equipped with a functional kitchenette for longer stays.

Each apartment includes essential amenities such as a private bathroom, air conditioning, and a kitchenette equipped with a microwave, fridge, stovetop, and coffee/tea maker. Guests will enjoy free Wi-Fi, private parking, and easy access to local attractions.

The central location offers visitors quick access to the Renaissance Mall, restaurants, shops, and Oranjestad’s vibrant cultural scene. Furthermore, the apartments are close to the Airport, providing convenience for travelers while maintaining a quiet and relaxing environment.

The property features:

  • Six apartments with private patios and sitting areas for each.
  • Affordable, budget-friendly pricing that attracts both short-term visitors and long-term residents.
  • A fully operational hospitality business, allowing the new owner to take over and capitalize on future growth with numerous possibilities.
  • Air conditioning in all apartments for guest comfort.
  • Kitchenettes with a microwave, fridge, stovetop, and coffee maker for convenient self-catering.
  • On-site private parking for easy and secure access.
  • A central location near shops, dining, and cultural attractions, just a short walk from Surfside Beach.

While Pega Pega Apartments may require some updates, it offers significant potential for value enhancement and future growth. This sale goes beyond the real estate, providing a fully operational hospitality business with a proven history of success. It’s an ideal opportunity for investors to step in and capitalize on the growing demand for affordable accommodations in Aruba, ensuring seamless continuity and long-term growth potential.

For more information, please contact Edwin Hekman: +297 592 2506 or edwin.hekman@kw-aruba.com.

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LocationOranjestad
Bedrooms6
Full bathrooms6
Half bathrooms0
Land size601 m² (6.469 Sq Ft)
Build up size m² (0 Sq Ft)
PoolNo
Pool type
Furnished
Alarm system
Hot water
Garage0
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