The purchase is handled through our agent, RE/MAX BonBini. The agreement is formalized in a purchase agreement or a purchase/construction agreement for new builds, based on ‘buyer’s costs’. Curaçao law applies. The seller selects a local notary office to handle the transaction. You become the legal owner once the deed of transfer has been executed.

You are most welcome at our RE/MAX office in the Blue Bay Welcome Center. We are happy to organize a personal tour so you can experience the resort and get acquainted with the community and facilities.

• 4% transfer tax, legally determined.
• 1 – 1.5% notary fees.

These costs are in addition to the purchase price.

The purchase or purchase/construction agreement is drafted in ANG or USD.

After signing the agreement and acceptance by the notary, you must deposit 10% of the purchase price into the notary’s escrow account.

Upon receipt of the deposit, the notary prepares the draft deed of transfer and the final settlement.

The final settlement includes the remaining balance of the purchase price plus the ‘buyer’s costs’.

Once full payment is received and the deed is approved, the notary executes the deed of transfer.

KYC stands for ‘Know Your Customer’. In Curaçao, the Financial Intelligence Unit (FIU) oversees compliance with regulations in real estate transactions. Brokers, including RE/MAX BonBini, must comply with these regulations and therefore collect KYC information from buyers. Notary offices have the same obligation and must also receive these documents. The KYC process must be completed and approved before a purchase or purchase/construction agreement can be signed. The notary can only execute the deed of transfer after the KYC process has been completed and approved.

The monthly HOA fees are determined annually during the General Members’ Meeting (ALV) in November.

The current HOA fees are as follows:

• Detached Villa (residential living/vacation rental) with vacation unit: 3 points = ANG 675 per month.
• Detached Villa (residential living/rental, 3 months or longer) without vacation unit: 2 points = ANG 450 per month.
• Detached Villa (residential living/vacation rental): 1.5 points = ANG 338 per month.
• Apartment (residential living/vacation rental): 1.5 points = ANG 338 per month.
• Apartment (residential living/rental, 3 months or longer): 1 point = ANG 275 per month.

The HOA is regulated by the General Provisions and the Articles of Association.
In addition, supplementary regulations have been established, including:

• Privacy Regulation
• Construction Procedure
• Construction Regulation
• Contractor Regulation

Vacation rental is only permitted in specific locations within the resort, as outlined in the Master Plan. In all other sections, only permanent residence or long-term rental (minimum 3 months) is allowed.

The terms for financing vary by bank. Generally, financing is possible, provided you can make a personal contribution. The required percentage of personal contribution varies by bank.