The PALMARUBA Group, Local Project Developer, Promote Aruba’s Real Estate Projects Abroad!

Palm Beach, Aruba – The PalmAruba Group, local real estate project developers, are pleased to announce that from November 5th to the 9th they have been participating in a Real Estate Expo in Caracas, Venezuela, promoting Aruba’s finest real estate projects internationally.

The expo is held at the Eurobuilding Hotel in Caracas, is equipped with the latest technology and amenities to display real estate projects introduced by local experts and special guests.

The 2nd International Habitat Expo,  organized annually to benefit investors and business entities looking for a second home or an investment opportunity, facilitates many lucrative networking and promotional opportunities. The PalmAruba Group decided to make the investment in the expo to promote the PalmAruba Condos vacation rental program and more importantly the new Bubali project presently on the company’s drawing board.

The International Habitat Expo, a dynamic, visual and cutting edge event, will serve as a platform for Aruba’s real estate to be introduced and promoted on the international markets. Organized by Habitat GDC, it attracts only the most exclusive projects and investment trends in the region.

The PalmAruba Group participation in the expo will attract foreign investors to the island, for both the PalmAruba condo project and the Bubali development, which are both located in a fast growing business area, offering contemporary Caribbean design, blending a mall, a multi-function ballroom, offices, retail, hotel and condominiums naturally, into attractive surroundings, which finally contributes to a high return on investment factor.

The PalmAruba Group is especially proud of PalmAruba Condos, a luxurious condominium resort with 78 modern, fully furnished and fully equipped units. The complex is a self-catering, full-service resort, offering an abundance of services and amenities,  adding up to unforgettable vacation experiences. In-room dining, grocery shopping, luxury gift delivery, tours & activities, are among some of the services offered and PalmAruba Condos commit to a high standard of operation, verifying that every detail of guests’ vacation experience is carefully planned. The PalmAruba Condos location is unique, at the heart of Palm Beach Aruba,  just a few minutes away from the most beautiful beaches and all major tourist attractions.

As a matter of fact, all units have been sold prior to the delivery of the project to the new home owners, and the developers report a waiting list for certain unit types, in case of cancellations.

As expected, the most important aspect for investors is the location and the positive return on their investment. The individual  investment in the property is as advertized between $ 200.000 to $700.000. With Blisful Management Services at the helm of management and vacation rentals, homeowners are able to add value to their condos by participating in different marketing programs, such as long and short term rentals. Blisful Management Services is determined to provide an effortless and carefree homeowner experience and substantial income, with maintenance, security, and housekeeping readily available to cater to homeowners and their guests.

True to their philosophy to shoulder social responsibilities and become excellent neighbors, the PalmAruba Group completed a neighborhood flood prevention program, putting public drainage and rain overflow in the area, in order.

In addition to the PalmAruba Condos, the Bubali project is the upcoming next ambitious project for the PalmAruba Group. It  consists of 3 interrelated phases, a Retail Plaza by the name of Grand Bubali Plaza, a Residence Inn by Marriott with 271 rooms and 106 condo units. These 3 major key projects will commence construction in the second quarter of 2015.

SHOP

The Grand Bubali Plaza offers opportunities for a wide array of businesses, designed to serve the community and the island’s tourists such as a drugstore, apparel boutiques, jewelry, electronics, souvenirs and a coffeehouse. The Plaza level’s, ground floor will feature 2 restaurants with sidewalk cafes.

WORK

Commercial success is linked to many different aspects and requires an inspiring work space, well located and dynamic. Bubali Grand Plaza offers 2 floors of office spaces above the Retail space, in a variety of sizes with quality finishes and state of the art  equipment. Local entrepreneurs are able to enjoy a fresh and inspiring work environment which is easy accessible to their business partners.

ENTERTAINMENT

Private events, concerts, holiday parties, business conferences, the 4th floor ballroom is the ideal location to host either. With 8 possible partitions, an 1.100 person capacity and an adjustable stage, the ballroom offers different possibilities for any entity to hold event there.

The goal of the PalmAruba Group is to make sure that locals and international investors benefit from their projects, adding value to our One Happy Island by creating opportunities for the community and making a contribution to the economic welfare of Aruba.

ABOUT PALMARUBA GROUP.

Partners Antonio Onorato, Agostino Onorato, Guido Riccio, Juan Jose Fernandez and Victor Acosta, spearhead the investment in two companies: Corporacion Palm Beach 17A V.B.A. and Inversiones Palm Beach.

Antonio Onoratto and Agostino Onoratto are members of well known families with numerous businesses in Venezuela, of Italian descent. One of the businesses is Grupo Colorado which consists of Frigorifico Industrial Los Andes, with more than 40 years of experience, it is the largest cattle breeding farm in Venezuela.

Victor Acosta is the Executive Director of the project development group and is in charge of the operation of all real estate projects. Victor Acosta has over 20 years’ experience in real estate. He has  brought to successful conclusion major key projects in Aruba such as the Oceania Residence, Aruba Palma Real, Ponton Plaza, Calbas Plaza, Montana Plaza, Palm Beach Plaza, Casa del Mar and many more.

To learn more about the project of PalmAruba Group, please contact:

 

Paula Geerman, Marketing & Sales

PalmAruba Condos

Palm Beach 6-F

Office: 5867300 Cell: 6614327

[email protected]       www.palmaruba.com    www.palmaruba.com/bubali

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November 10, 2014
Rona Coster