Buying a second home on Bonaire

Your Own Place in the Caribbean

Buying a second home on Bonaire can offer a combination of lifestyle benefits and real estate ownership.

You'll have your own place to stay on the island, with the potential to rent out the property when you're not using it.

Quick Answer: Is Buying a Second Home on Bonaire Worth It?

It can be, especially for people who regularly visit Bonaire or want to combine personal use with property ownership.

Before purchasing, it's important to calculate the total costs, taxes, property management expenses, and potential rental opportunities.

Personal Use or Rental Income?

For some owners, the main priority is enjoying their property as a vacation home. For others, generating rental income plays an important role. If you plan to rent out your second home, you should check in advance which types of rentals are permitted at the property's specific location.

Consider Property Taxes

A second home on Bonaire does not qualify for the same tax exemption as a property used as a primary residence.

According to the Dutch Tax Administration (Belastingdienst), property tax may apply to a second home on Bonaire.

Property values are also reassessed periodically for tax purposes. January 1, 2026, is the valuation reference date for the new assessment period.

Frequently Asked Questions

Is Buying a Second Home on Bonaire a Good Investment?

That depends on several factors, including the purchase price, location, intended use, rental potential, and ongoing expenses.

Can I Rent Out My Second Home on Bonaire?

Yes, under certain conditions. Rental opportunities depend on the property's location and the applicable regulations.

What Costs Should I Consider?

Important expenses include property maintenance, insurance, property management, taxes, and any additional costs associated with owning or renting out the property.