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For sale

For sale · Rincon

Commercial property in the heart of Rincon

Kaya Encarnacion B. Sint Jago 7

  • 5 bedrooms
  • 1.5 bathrooms
  • 294 m²
  • 469 m²
  • Home
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US$ 445,000

approximately EUR 396,475

  • Asking price
  • Buyers Costs
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The property

About this property

In the heart of Rincon, this property offers a flexible setting for offices, a practice, a salon, or social and community-related use. A covered terrace and carport at the rear add further practical space, including room to park a car.

For community organisations, cultural and educational institutions, and investors seeking property for these types of occupants, this commercial building in the heart of Rincon presents an interesting opportunity. With five separate office rooms, a reception area and a waiting room, the layout is well suited to organisations that require multiple workspaces and dedicated areas for welcoming visitors.

Located at Kaya Encarnacion B. Sint Jago 7, the property occupies a 469 m² plot and has a stated area of 294 m². In addition to the office rooms, the building includes a kitchenette, server room, bathroom and separate toilet. Split-unit air conditioning is installed throughout, with both 110V and 220V electrical connections available.

At the rear, a spacious covered terrace, a carport with parking for one vehicle and a separate storage room provide additional facilities. No confirmed details are available regarding additional parking or dedicated loading and unloading facilities. The property's overall condition is described as moderate, allowing prospective buyers to consider improvements suited to their intended use, subject to technical feasibility and applicable regulations.

Under Bonaire's spatial development plan, the property is designated ‘Maatschappelijk’ (community and institutional use), together with ‘Waarde - Beschermd stadsgezicht’ (protected historic streetscape). The primary zoning covers certain social, cultural, religious and educational facilities. Other activities, including independent office use, private practices, salons or residential purposes, are not automatically permitted and require verification against the applicable regulations.

The property is held on leasehold land, with the current leasehold term expiring on January 18, 2040. Details regarding possible service charges, existing rental agreements and operating figures have not been provided. The exact conditions of delivery should also be confirmed.

Highlights

  • Central location in historic Rincon
  • Five separate office rooms with reception and waiting areas
  • Stated area of 294 m² on a 469 m² plot
  • Covered rear terrace, carport and separate storage room
  • Potential for organisations involved in community, cultural or educational activities
  • Kitchenette, server room and bathroom facilities
  • Split-unit air conditioning and 110V/220V connections
  • Current leasehold term ending January 18, 2040

Property information

Features and layout

The entrance opens into a reception area with an adjoining waiting room. The building contains five individual office rooms, along with a kitchenette, server room, bathroom and separate toilet.

A covered terrace, carport and separate storage room are located at the rear of the property.

Technical information
  • Condition: matig

  • 110 and 220 Volt,

  • split unit air conditioning in throughout the entire property.


Living area is based on net indoor space plus covered outdoor space.

Ownership and zoning
  • Tenure: Leasehold

Registered at the Land Registry Office Kadaster, number 2-B-456. Long lease until 18th of January 2040.

Extract from Ruimtelijk Ontwikkelingsplan Bonaire (zoning plan)


Link to zoning plan map with marker:Map
Link to zoning description 1: Zoning "Maatschappelijk"
Link to zoning description 2: Zoning "Waarde - Beschermd stadsgezicht"

Costs and conditions

Ground tax (annually): 0.345% of the value (1st residence), or Property tax (annually): 0.91% of the value (2nd residence).

Buyers Costs consist of (one-off): 5% transfer tax, approx. 1,5% notary costs and costs of Land Registry at the office of Kadaster depending on purchase price.

Location and surroundings

The property sits in the heart of Rincon on Bonaire, with a central setting for offices, a practice, a salon, or social and community-related purposes.

Questions about this property

Can foreign investors and business owners purchase commercial property on Bonaire?

Yes, foreign buyers can purchase commercial real estate on Bonaire without being residents of the island. However, owning a property does not automatically grant permission to operate a business from it. Depending on the intended activities, local business registration and permits may be required.

What should I consider when investing in commercial real estate on Bonaire?

Important factors include location, permitted uses, maintenance expenses and potential rental income. The type of ownership and any existing lease agreements should also be considered. A realistic investment assessment should account for vacancy periods, recurring expenses and future capital expenditure.

Is there a statutory cooling-off period when purchasing property on Bonaire?

No, Bonaire does not provide the statutory cooling-off period available to consumers purchasing residential property in the European Netherlands. Buyers should therefore ensure that any financing contingencies, inspection requirements and other conditions for cancelling the agreement are clearly included in the purchase contract.

How is rental income from commercial property taxed on Bonaire?

For properties subject to Bonaire's real estate tax, known locally as vastgoedbelasting, the calculation is generally based on an assumed return rather than actual rental income. This deemed return is 4% of the property's assessed value and is taxed at 17.5%, with an additional 30% island surcharge. The resulting effective annual property tax rate is 0.91% of the taxable value. Certain exemptions apply, including to qualifying business assets. The applicable tax treatment depends on the ownership structure and how the property is used.

Does Bonaire have the same VAT system as the Netherlands?

No, Bonaire operates under a separate tax system. Instead of Dutch VAT, the island applies Algemene Bestedingsbelasting (ABB), a general expenditure tax. The standard rate is 6% for services and 8% for goods supplied by local manufacturers and imported goods. Whether ABB applies to renovation work or commercial rental arrangements depends on the transaction and any available exemptions.

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