Determine your budget. This will help you decide on a location. Like most locations, property closer to the beach is more expensive.
Find a reliable builder.
Pick a location you will be happy with, as hopefully, you will be spending most of the time there, as tenants come and go.
Find a respectable real estate agent.
Do not depend on rental income to cover all your expenses. The rental market is ever-changing, and this year is a good example of that. Going in with that in mind will bring a bonus when rental activity is high, and no disappointments when low.
Have all your finances in order. There are set criteria for required documentation from Aruba's government. They will want you to be able to show a distinct paper trail.
Find a referred management company. They can make or break you.
Be patient. Everything takes a little longer on the island.
Sit back and enjoy your investment.
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