Construction of Oceania Condo continues to progress in a good pace forward. Current construction consists out of three additional phases which are expected to open to the public next year as scheduled.
Oceania Condo is some sort of an icon in condo development here in Aruba as the construction of the first two phases (above picture) seemingly happened without a glitch. Furthermore, it’s location at Eagle Beach is convenient, being steps away from the beach and nearby all important facilities such as major grocery stores.
The initial pricing at $350,000 per a unit appears to be right, judging by the quality of the condo and its location. From the data I manage Oceania is almost sold out, therefore I don’t think they are going to lower any prices. However, I’m sure there are people who want to sell their unit and this market isn’t the best for selling right now. On the flip side, if you are a buyer, I’m sure you will find deals.