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Kralendijk, the capital of Bonaire, has a rich history that dates back to the colonial past of the island. Originally founded by the Dutch, it has grown into a thriving coastal town that combines the charm of the past with modern luxury. Historical landmarks, such as Fort Oranje and the many colorful buildings in the town, stand as witnesses to its vibrant history. Geographically, Kralendijk is situated on the western coast of Bonaire, with pristine waters and a diverse natural environment that invites exploration of the Caribbean's beauty.

The Exclusive Housing Market of Kralendijk

The exclusive housing market in Kralendijk is currently strong, with growing interest in luxury homes and apartments. The demand for high-quality housing often exceeds supply, resulting in a rise in real estate prices. The political and economic situation in Kralendijk is stable, contributing to a favorable climate for real estate investments.

Costs and Taxes for Purchasing Luxury Homes

When purchasing a luxury home in Kralendijk, buyers need to consider various additional costs. The average brokerage fee for buyers is around 3%, while sellers typically also pay about 3%. Transfer tax on private real estate amounts to 6%. In addition, there are notary fees, possible building inspections, and, if applicable, attorney fees. There is no wealth tax on private homeownership in Kralendijk, and no tax on profit from the sale of a primary residence. However, profit from the sale of a second home is taxable. For registered businesses, a corporate tax rate of 5% applies, while income tax for residents is progressive and dependent on income.

Mortgage Requirements for Luxury Homes

When applying for a mortgage in Kralendijk, there are specific requirements regarding equity and debt capital. The ratio between equity and the mortgage can influence loan terms, and usually, one can obtain a mortgage for up to 80% of the purchase price. Income and creditworthiness also play important roles in mortgage conditions.

Desirable Neighborhoods and Accessibility

Some of the most exclusive and sought-after neighborhoods in Kralendijk are Sabadeco and Belnem, known for their luxury villas and stunning sea views. Kralendijk is not accessible by train, but it is easily reachable by road. The town is approximately a 15-minute drive from Flamingo International Airport, Bonaire's main airport.

Education and Healthcare

Kralendijk hosts several educational institutions, including the Scholengemeenschap Bonaire and Kolegio San Bernardo. For healthcare, residents can visit Fundashon Mariadal and various clinics spread across the island.

Luxury Lifestyle and Culture

Kralendijk offers a range of luxury lifestyle options, with exclusive shops and high-end hotels like the Harbour Village Beach Club. The town also boasts an excellent culinary scene with restaurants such as At Sea and Brass Boer. Cultural events like the Bonaire Jazz Festival and the Bonaire International Fishing Tournament attract visitors from around the world annually. For art and culture enthusiasts, there are various galleries and the Terramar Museum, which provides insights into Bonaire's rich history.

Sports and Nature

The warm climate and beautiful natural surroundings of Kralendijk make it an ideal spot for outdoor activities such as diving, snorkeling, and windsurfing, with locations like Kite Beach and Lac Bay as popular destinations. Hiking in Washington Slagbaai National Park is also a favorite activity. With an abundance of amenities and a luxury lifestyle, Kralendijk remains an attractive location for those seeking an exclusive living experience in the Caribbean.