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condos and villas real estate and construction

Acqua Condo Very Quiet

This is the second update about Acqua condo for this year and I can tell you off the bat that things are very quiet there. I drove there today and haven’t seen much construction activity, despite the presence of two large cranes.

I would like you to keep in mind that this development was presented on March 14, 2007 and ground braking was on May 16, 2008. Now, over three years after it was announced, not one tower has been completed. When the project was presented the developer said that the construction of the first building – Sabbia – is to be delivered in the second quarter of 2011. I think this time frame is highly doubtful.

Acqua Condo Master Bedroom
Show room: Beautiful bedroom at Acqua

Truth be told, they had to deal with labor issues (permit for the foreign workforce) but this cannot be the reason for the massive delays. Obviously I don’t manage their sales figures but the last I’ve seen was a massive Worldcup discount of a whopping 20%. This translates in a discount of about $50K for the smallest unit.

I know that there’s a structural shortage of news about these developments, let alone independent news. I’ll keep you posted.

By Gabriel

Informing travelers about Aruba since 2007, and trying to provide value to Aruba visitors.

4 replies on “Acqua Condo Very Quiet”

WHAT FLOORS ARE YOU OFFERING AND IS THERE ROOM THE BARGINNING ON PRICE FOR 2BDRM 2BATH AND WHEN DO YOU THINK THEY WILL BE READY TO VIEW IT

Prices start at $250K for an entry unit. The developer has offered discount occasionally so look out for those. I suggest you sign up for the developer’s newsletter for that. Thanks for the comment.

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