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Posted by The Real Estate Guy on December 11, 2021

Buying a second home on Bonaire, what to think about:

Buying second home Bonaire is slightly different than in the Netherlands. It is therefore important to be aware of the local procedures when you are buying a second home on Bonaire and what you need to take into account. That is why we recommend that you hire a broker who can guide you in this.

One of the reasons why you want to live on Bonaire is probably the climate. Every day a tropical temperature of around 30 degrees. Still, it’s nice to keep it cool in the house. Therefore, pay attention to the position of the house in relation to the wind, a house with shutters ensures that the house can blow through nicely. This creates natural ventilation. Is there enough storage space for enthusiasts for diving, kite or windsurfing gear? And what about the electricity, is the house equipped with 220v or mainly 110v?

So there are a number of things to ask yourself beforehand, what do I find important and what are the possibilities of the house/lot.

What are the costs for me as a homeowner on Bonaire?

Bonaire has two different taxes for homeowners. The real estate tax and the real estate tax. The real estate tax is also more often simply referred to as the land tax. This is a tax levied by the island itself. The real estate tax is a tax levied by the state. Depending on the use of the house, it is determined which tax is applied. If the owner lives outside Bonaire or rents out the house, he only pays real estate tax. If you live permanently, you only pay land tax. The property tax is 0.80% of the value of the house The land tax is 0.35% of the value of the house. In some cases there is an exemption from real estate tax:

  • Cultivated land that is used commercially.
  • Real estate with a value less than $50,000.-
  • If immovable property is part of the business assets of an independent entrepreneur.

    If you are still thinking of Buying a second home on Bonaire please feel free to reach out.

Phone: +599 717 8181

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