Overview
Description
Monumental Property with Approved Restoration Permit Frederikstraat, Otrobanda
Welcome to Otrobanda, the colorful and characterful district located “on the other side” of the iconic Queen Emma Bridge. Originally developed as an extension of historic Willemstad, the neighborhood has evolved over the centuries into a beloved area rich in colonial architecture and cultural heritage.
After a period of decline, Otrobanda is now experiencing an impressive renaissance. Historic buildings are being carefully restored, art and hospitality are thriving, and the district is now recognized as one of Curaçao’s most inspiring areas where history and modern life blend effortlessly.
Today, Otrobanda is part of the UNESCO World Heritage Site of Willemstad. It’s a vibrant neighborhood filled with boutique hotels, museums, creative restaurants, and charming residential streets. The future looks bright: with growing interest from investors, travelers, and residents alike, Otrobanda is rapidly becoming the creative and historic heart of the island.
Located on the atmospheric Frederikstraat, in the heart of Otrobanda, we present a remarkable monumental property ready for full restoration or reconstruction. This historic complex enjoys a unique location and comes with an already approved building permit and detailed renovation plans a rare opportunity to own and restore a piece of Curaçao’s most authentic and fast developing district.
Property Details
• Address: Frederikstraat 128–132, Willemstad, Curaçao
• Type: Monumental building with approved restoration permit and construction drawings
• Zoning: Residential / rental (3 self-contained apartments)
• Total area after renovation: approx. 300 m²
• Asking price: XCG 650.000, –
• Transfer tax: Exempt (protected monument within the historic city center)
After restoration, the Monumental Property with Approved Restoration Permit Frederikstraat, Otrobanda will comprise a characterful residential complex with three spacious apartments, ideal for both short- and long-term rentals. This project offers a unique opportunity for investors looking to contribute to the preservation of Curaçao’s heritage while developing an attractive rental property in the heart of Willemstad.
Thanks to its monumental status, the restoration qualifies for several financial incentives. Through the Monumentenfonds Curaçao (MFC), up to 60% subsidy and 40% loan can be obtained for residential use, and 40% subsidy and 60% loan for commercial use. Loans carry an interest rate of 6.5% with a repayment term between 5 and 20 years.
It is also possible to secure a low-interest loan through the MFC without subsidy, at rates of 2% or 4.5%, depending on eligibility. Applications must be submitted before restoration work begins.
Additionally, the Restauratiefonds Nederland offers attractive financing options, with loans covering up to 100% of restoration costs, at a fixed interest rate of 2% and terms of up to 30 years. Early repayments can be made without penalty, and loans are provided in U.S. dollars.
Interested in Monumental Property with Approved Restoration Permit Frederikstraat, Otrobanda?
Contact us for the full documentation package, including the approved building permit, construction drawings, and a detailed overview of available financing options.
Contact Anne Fleur Heidema directly at +5999 6662526 or annefleur@curacao-houses.com
