# Terramar 12

**US$ 689,800**

| Property information | |
| --- | --- |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Indoor area | 126 m2 |
| Property type | Condominium |
| Area | Kralendijk |
| Island | Bonaire |

A full-width terrace opens onto views of the bay, Klein Bonaire, and the turquoise Caribbean Sea from the lively boulevard of Kralendijk. Air conditioning, on-site parking, and permission for short- and long-term rentals add to its appeal.

This stylish, modern apartment is located right on the lively boulevard of Kralendijk. It's within walking distance of charming restaurants, shops, and so much more that makes island life so enjoyable. From the moment you step inside, the bright atmosphere stands out. The interior is modern yet comfortable, with a relaxed vibe that instantly makes you feel at home. But the true highlight? The spacious terrace that stretches across the full width of the apartment. Here, you can enjoy stunning views over the bay, Klein Bonaire, and the turquoise Caribbean Sea. 

Terramar 12 is not only the perfect getaway for yourself, it can also be rented out for short term rentals and/or long term rentals when you’re not there. Whether you’re looking for a luxurious holiday home or a smart investment, Terramar 12 offers that warm, welcome-home feeling in one of the most beautiful spots on the island.

 

- located in the center of Kralendijk,
- high end appliances and finishing,
- on site parking,
- dive gear rinsetank on site,
- ceramic floor tiles in condo and porch,
- aluminium and wooden windowframes partially fitted with wooden shutters and partially with glass.

## Highlights

- Central boulevard location in Kralendijk
- Full-width covered terrace
- Walking distance to restaurants and shops
- High-end appliances and quality finishes
- On-site dive gear rinse tank
- 12-person elevator access
- Sea view
- Air conditioning
- Parking
- Holiday rentals allowed

## Features and layout

Covered stairs or the 12-person elevator lead to the entrance. From the hallway, the living room opens through French doors onto the wide, covered porch. The open kitchen connects directly with the living space.

 

The apartment has two bedrooms, each with a private bathroom. A guest toilet and a storage and laundry room complete the interior.

 

The covered porch stretches across the full width of the apartment and looks out over the bay, Klein Bonaire, and the Caribbean Sea.

## Technical information

- 220 Volt,
- air conditioning in bedrooms,
- built-in ceiling lights in bedrooms & living room,
- ceiling fan in living room,
- 12-person elevator.

 

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

## Ownership and zoning

Terramar is built partly on freehold land and partly on longlease land. The longlease fee for this apartment is USD 273 per year. Registered with the Land Registration office (Kadaster) with number 4-D-3289A24.

 

Extract from Ruimtelijk Ontwikkelingsplan Bonaire (zoning plan)

Link to zoning plan map with marker: **[Map](https://rho.maps.arcgis.com/apps/webappviewer/index.html?id=6cc4a2397de445e9849b6de08614134d&marker=3.580848519974225%2C48.14260352479933%2C%2C%2C%2C&markertemplate=%7B%22title%22%3A%22bestemmingsplan%22%2C%22longitude%22%3A3.580848519974225%2C%22latitude%22%3A48.14260352479933%2C%22isIncludeShareUrl%22%3Atrue%7D&level=18)**
Link to zoning description: **[Zoning "Centrum"](https://www.bonaire-ro.nl/wp-content/html/r_NL.IMRO.0000.20170681-GC01.html#_19_Centrum)**

## 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.

 

This condo is subject to a Home Owners Association (HOA). HOA fee: US$ 600 per month. (incl. insurance, tv and internet, electricity for common areas and the maintenance and cleaning of common areas). Please contact us in case you wish to receive further information about this HOA.

## Location and surroundings

The apartment stands on Kralendijk’s lively boulevard in the center of Kralendijk, Bonaire. Charming restaurants and shops are within walking distance. Its terrace overlooks the bay, Klein Bonaire, and the Caribbean Sea.

## What transfer tax do I pay when buying Terramar 12 on Bonaire?

Bonaire is one of the BES islands, which are special municipalities of the Netherlands. For an existing property purchase, 5% transfer tax is levied on the fair market value, which must be at least the purchase price.

## How is annual real estate tax handled for Terramar 12 on Bonaire?

Real estate tax on Bonaire is levied annually on the notional yield of the property's value and applies to whoever holds Terramar 12 on January 1st by ownership, possession or a limited right. Foreign taxpayers do not pay income tax on real estate in the BES islands, as the real estate tax takes its place.

## Is Terramar 12 freehold or longlease?

Terramar 12 is built partly on freehold land and partly on longlease land. The longlease fee for this apartment is USD 273 per year, and the exact possibilities associated with the tenure should be verified before purchase.

## Can Terramar 12 be rented out when I am away?

Terramar 12 may be rented out for short term rentals and/or long term rentals when you are not there.

## What zoning applies to Terramar 12 in Kralendijk?

Terramar 12 has the zoning designation “Centrum” under the Ruimtelijk Ontwikkelingsplan Bonaire. The exact possibilities under this designation should be verified before purchase.

## Photographs

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Sunbelt Realty Bonaire - [https://www.sunbeltbonaire.com/en/for-sale/terramar-12-stylish-apartment-with-sea-view-perfectly-located-on-the-boulevard-of-kralendijk](https://www.sunbeltbonaire.com/en/for-sale/terramar-12-stylish-apartment-with-sea-view-perfectly-located-on-the-boulevard-of-kralendijk)