The KIWA residences are available in the new-build LAMAN project in Jan Thiel. These waterfront apartments are designed for ownership and rental returns.
The apartments are centrally situated within the LAMAN resort and have efficient two-bedroom layouts in three configurations: types A, B and C. Only type A offers an optional lock-off configuration. Each residence is delivered turnkey and fully furnished. The properties are suited to direct bookings, Airbnb and professionally managed short-stay rentals.
Residents and guests have access to a private beach, communal swimming pool, gym and lobby.
Participation in LAMAN’s rental programme is optional. The programme is managed by a specialist hospitality operator to hotel standards. The projected annual rental return is 9%, while the projected total return, including cumulative appreciation of the project, is 27%. Expected occupancy for the apartments is between 65% and 75%.
The listing states that no capital gains tax is payable on sale and that local financing of up to 50% may be available. Investors may also qualify for an investor permit offering three years of visa-free access to Curaçao.
Jan Thiel is described as a centre for Curaçao’s lifestyle and short-stay market. Five beaches are within a few minutes of the residences, and the project is close to Spaanse Water. Beach clubs, fine dining, cafés, nightlife, supermarkets, retail and fitness facilities are nearby. The area also offers access to water sports, dive sites, catamaran trips and sailing trips.
LAMAN is being developed by a developer with more than 30 years of experience in area development in the Dutch Caribbean. According to the listing, the developer has a 100% project delivery record and has completed more than 1,300 residences.