Investment property with 12 renovated apartments in Otrobanda

Otrobanda — ABC Islands, Caribbean

$1.9M · 12 bed · 12 bath · 4.9% net yield

A unique investment opportunity in the heart of Otrobanda, located approximately 200 meters from the Curaçao Medical Center (CMC). This fully renovated and furnished property comprises 12 individually rentable apartments. All apartments are currently occupied and generating immediate rental income. Short-term rental delivers a gross annual return of over 12%. In addition, no 4% transfer tax is payable upon acquisition, resulting in a significant financial advantage. Investment Highlights • 12 individually rentable apartments • All apartments currently occupied • Immediate rental income from th

Price
$1,913,016
Inquire
12-bedroom apartment building in Otrobanda — photo 1 of 30
RE/MAX BonBini
1 / 30
12-bedroom apartment building in Otrobanda — photo 2 of 30
2 / 30
12-bedroom apartment building in Otrobanda — photo 3 of 30
3 / 30
12-bedroom apartment building in Otrobanda — photo 4 of 30
4 / 30
12-bedroom apartment building in Otrobanda — photo 5 of 30
5 / 30
12-bedroom apartment building in Otrobanda — photo 6 of 30
6 / 30
12-bedroom apartment building in Otrobanda — photo 7 of 30
7 / 30
12-bedroom apartment building in Otrobanda — photo 8 of 30
8 / 30
12-bedroom apartment building in Otrobanda — photo 9 of 30
9 / 30
12-bedroom apartment building in Otrobanda — photo 10 of 30
10 / 30
12-bedroom apartment building in Otrobanda — photo 11 of 30
11 / 30
12-bedroom apartment building in Otrobanda — photo 12 of 30
12 / 30
12-bedroom apartment building in Otrobanda — photo 13 of 30
13 / 30
12-bedroom apartment building in Otrobanda — photo 14 of 30
14 / 30
12-bedroom apartment building in Otrobanda — photo 15 of 30
15 / 30
12-bedroom apartment building in Otrobanda — photo 16 of 30
16 / 30
12-bedroom apartment building in Otrobanda — photo 17 of 30
17 / 30
12-bedroom apartment building in Otrobanda — photo 18 of 30
18 / 30
12-bedroom apartment building in Otrobanda — photo 19 of 30
19 / 30
12-bedroom apartment building in Otrobanda — photo 20 of 30
20 / 30
12-bedroom apartment building in Otrobanda — photo 21 of 30
21 / 30
12-bedroom apartment building in Otrobanda — photo 22 of 30
22 / 30
12-bedroom apartment building in Otrobanda — photo 23 of 30
23 / 30
12-bedroom apartment building in Otrobanda — photo 24 of 30
24 / 30
12-bedroom apartment building in Otrobanda — photo 25 of 30
25 / 30
12-bedroom apartment building in Otrobanda — photo 26 of 30
26 / 30
12-bedroom apartment building in Otrobanda — photo 27 of 30
27 / 30
12-bedroom apartment building in Otrobanda — photo 28 of 30
28 / 30
12-bedroom apartment building in Otrobanda — photo 29 of 30
29 / 30
12-bedroom apartment building in Otrobanda — photo 30 of 30
30 / 30

Investment property with 12 renovated apartments in Otrobanda

Otrobanda · Curaçao · Ref BF-806833513Source · RE/MAX BonBini · listed 12 Aug 2026
Asking price
$1,913,016
Net yield
4.9%
Fully managed · Non-resident tax
Inquire about this property
Bedrooms
12
Bathrooms
12
Built area
560.02 m²
Land
298.96 m²
Brixfox Score 76 · AFinancial analysis ↓
Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
4.9%
$99,967 net operating income /yr
Gross yield · all-in basis
18.1%
−13.2 pts in operating costs & local taxes
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Otrobanda — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by our measured, market-calibrated asking-to-booked factor. Occupancy is calibrated against tracked reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
$2,350
Expected booked rate (market-calibrated)
Expected occupancy
43%
Full-year estimate, market-calibrated
Projected annual revenue
$371,663
ADR × occupancy × 365

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
$
Acquisition costs· 5.6% of price, auto-calculated
$107,446
Transfer tax (overdrachtsbelasting)$76,521
Notary fee$28,695
Tax on the notary fee$1,722
Land registry (kadaster)$508
Buyer-side agent fee· paid by the seller$0
Renovation budget· no measured ABC Islands basis — enter your own quote
$
Furniture & STR launch
$
All-in investment
$2,058,722
+7.6% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
$371,663
Rental management
−$78,048
Booking channel fees
−$14,867
Running costs (cleaning, utilities, upkeep, insurance, supplies)
−$74,333
Property tax (OZB)
−$11,478
Income tax on rent
−$92,970
Net operating income
$99,967/yr
Net yield on all-in investment
4.9%

Income tax is Curaçao's 2026 table on 65% of gross rent, owed whatever the costs, and the property tax is the OZB rate for the value's band. Financing is not modelled.

Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%4% · Otrobanda 5-yr avg — historical, not a forecast8%
Yield + value growth
4.9%/yr
4.9% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Otrobanda · Curaçao

Loading Map...

Explore the full market map
Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

76A
LocationAverage
Emerging or secondary location
Rental YieldGood
4.9% net yield on all-in cost
OccupancyWeak
43% average occupancy
Nightly RateStrong
$2350 per night
Visual AppealGood
7/10 visual appeal
Size & SpaceAverage
299 m² land area
TenureNot stated
Tenure not stated — verify eigendom vs erfpacht with the notary
Premium nightly rate of $2350 — positioned in the top tier
Secondary location — rental demand may be lower than premium areas
Occupancy at 43% — factor in seasonal gaps

Solid potential with some areas to watch. The strong nightly rate offsets the weaker location.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-13 pts occupancy30%$71,6403.5%
-3 pts occupancy40%$92,8914.5%
Expected43%$99,9674.9%
+10 pts occupancy53%$121,2185.9%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost

Payback7.9 yearsfrom net rent at the expected case
Ask Brixfox

Questions about this listing, answered from its data

Ask Brixfox about this property

Answers grounded in this listing's data, its Airbnb comps and the score breakdown.

Try one of these

Create a free account to ask 2 free AI questions — Pro is unlimited.

Questions are stored for 12 months to improve our answers. Privacy

Inquire

Take the numbers with you, or talk to the agent

Property Underwriting Report not available here

The underwriting report is not available for this market yet.

Interested in this property?

Your Brixfox analysis goes with it, so you arrive as a qualified buyer, not a cold email. Where the agency takes inquiries through Brixfox it goes straight to the agent; otherwise it comes to the Brixfox team and we reply to you. Brixfox adds no fee.

Optional — leave it blank and we'll send the message above.

Source · RE/MAX BonBini

We email you a copy and check in a few days later that you heard back. No spam, no fee.

Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use verified Brixfox Intelligence rental data. Operating costs are modelled per line — Airbnb/Booking channel fees whoever manages, then either a full-service management commission or the staff/local operations a self-managing owner buys back, cleaning residual, utilities & insurance, local taxes — with every rate editable in the Financial analysis P&L above. Gross revenue is identical in both management scenarios. Market factors in ABC Islands may impact actual yields.