If you dream of building your own home on Bonaire, it often starts with finding the right building lot or land for sale on Bonaire. It is important to understand what is involved in buying and owning land on the island. Whether you are looking to buy or sell a parcel of land, there are different types of land ownership and regulations to consider.
Freehold land or long lease land on Bonaire
On Bonaire, there are two main types of land ownership: freehold land and long lease land.
- Freehold land means that you own the land outright. You can sell or develop the property in accordance with the applicable regulations and zoning.
- Long lease land remains the property of the Public Entity Bonaire (OLB). You are granted the right to use the land for a specific period, usually 60 years.
One important detail that is sometimes overlooked is that undeveloped long lease land cannot be transferred. If the land has been developed, the long lease right can be transferred, but prior approval from the Public Entity Bonaire (OLB) is required. This is important to keep in mind when buying or selling long lease land on Bonaire.
Prices of land and building lots on Bonaire
The value of land or a building lot on Bonaire depends on several factors, including location, size, zoning and market demand. The Caribbean Netherlands Tax Administration has published an overview of land prices on Bonaire (click here). This provides an indication of land values in different parts of the island.
However, the map dates from early 2019 and therefore no longer reflects current market conditions. Based on current market prices, land prices are now considerably higher. In many locations, prices have at least doubled and in some cases have increased even more.
Appraisal and property valuation for lots and land for sale on Bonaire
Whether you are buying or selling land, an accurate valuation is important. A professional real estate agent can help determine the market value of a building lot based on factors such as location, zoning, size and current market conditions. This reduces the risk of paying too much when buying or setting the asking price too low when selling.
Read more about this in our blog about appraisals.
The role of a real estate agent
An experienced real estate agent understands the local market, zoning regulations and procedures involved in transferring land. For this reason, working with a local real estate agent can be valuable when looking for land for sale on Bonaire or when selling your property.
At Harbourtown Real Estate, we guide you throughout the entire process: from finding a suitable building lot and evaluating the asking price to negotiating and finalizing the purchase agreement. We can also assist you with a professional valuation or appraisal of your land.
Investing in land and building lots on Bonaire
Land for sale on Bonaire can also be an interesting investment opportunity, for example if you plan to develop a home or a small-scale real estate project. Location, zoning, accessibility and development possibilities all play an important role.
It is therefore important to investigate in advance what can be built on a particular parcel of land and which conditions apply. An attractively located building lot is not necessarily suitable for every type of development.
Would you like to buy, sell or have land on Bonaire appraised? Contact us for a no-obligation consultation or visit our office to discuss the possibilities and current listings. Harbourtown Real Estate will be happy to assist you in finding, buying or selling the right land on Bonaire.
Real estate agent on Bonaire since 1989
Whether you are looking to buy or sell a home on Bonaire, searching for a building lot or an oceanfront villa, or want to rent or rent out a property, Harbourtown Real Estate can help with virtually all your real estate needs. Our team is also here to assist you with appraisals, property valuations, buyer representation and commercial real estate.
Harbourtown Real Estate has been active as a real estate agency on Bonaire since 1989. With decades of experience, we know the local real estate market inside and out. We combine that knowledge with personal service, clear communication and professional guidance every step of the way.
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45 SuikerpalmPlot including approved building permit. Suikerpalm 45 is a fully cleared building plot of 7,675 sq.$225,000
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12 Kaminda GurubuDetached home with 2 bedrooms and 2 bathrooms, located just before Bona Bista.$310,000Details22144 m²
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129 Crown TerraceReady-to-build plot of 19,278 sq.ft (1,791 m²) freehold land including building permit and architectural drawings.$560,000
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Kaya PapagoHato Business Park is a new commercial development that will consist of a total of 36 business units, divided across 3 buildings.$298,320Details120 m²
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42 Vista Royal VillageLot with Approved Building PermitThis 10,151 sq.$226,320
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45 Regatta ResidenceFurnished detached bungalow in a centrally located gated community adjacent to the swimming pool.$429,000Details32130 m²
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45a Kaminda LagoenDetached family home at the entrance of the new residential area Oud Lagoen, featuring a swimming pool, 3 bedrooms and 2 bathrooms$595,000Details32135 m²
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Kaya Monseigneur NieuwindtNewly built 2-bedroom, 1-bathroom apartments on the popular and centrally located Regatta Residence.$315,000Details2175 m²
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Kaya L.D. Gerharts 20, Kralendijk
Bonaire - Dutch Caribbean
Phone (Bonaire): +599 717 5539
Phone (Netherlands): +31 (0) 85 888 0508
Contact: 
Office hours: 8:30AM - 5:30PM
Closed on: Saturday and Sunday