Leasehold, rental land and ownership land in Curaçao explained

by Aida Moret on February 22, 2024

When considering real estate in Curaçao, it is essential to understand the differences between leasehold, rental land and ownership land. This blog offers a comprehensive explanation of these three forms of land ownership so that you can make an informed choice when investing. Whether you are thinking of buying a home or developing a project, understanding leasehold, rental and ownership land is crucial to a successful and sustainable decision.

Owned land?

Owned land, also known as full ownership, is the most common and sought-after option for those looking to establish a permanent place in Curaçao. As the owner of a piece of owned land, you have full control and freedom to use, develop and enjoy the land as you wish.

With ownership land in Curaçao, you create your own piece of paradise and a permanent home base. It offers the security of a place where you can realize your dreams of a tropical lifestyle. From building your dream home to creating lush gardens, property land on Curaçao is an investment in your future and a legacy for generations.

Leasehold?

Ground lease offers an interesting option for those who want to combine flexible land use with the possibility of value accumulation. As a leaseholder, you get the right to use and develop a piece of land for a predetermined period, usually between 50 and 75 years. During this time you pay periodic fees to the landowner.

On our sunny island of Curaçao, ground lease is an option used mainly for sustainable developments. Although less common than owned land, ground lease offers flexibility in developing residential or commercial projects. It is important to note that with ground lease, the landowner is almost always the government of Curaçao. There is also an annual fee, called a ground lease canon, paid for the use of the land.

Leasehold land?

Rental land is an option for those seeking flexibility and convenience, but with limitations. With rental land, you as a tenant pay a periodic fee to the landowner to use and occupy the piece of land.

Although rental land is less common in Curaçao, it can be a good choice for short-term stays or when flexibility is important. It offers residents the freedom to enjoy a piece of land without the responsibility of ownership. However, it also brings with it the limitations of a rental agreement and dependence on the landowner.

At Moret Real Estate, we understand that choosing between owned land, leasehold and rental land is an important decision. Our dedicated team is here to guide and advise you in finding the perfect solution to suit your needs and desires.