Kaya Nikiboko Noord 25A

Otrobanda — ABC Islands, Caribbean

$425k · 2 bed · 2 bath · 5.4% net yield

After the success of Frisian Village, we proudly present Otrobanda, a small-scale project of four expertly built townhomes. One fully completed home is now available: Kaya Nikiboko Noord 25B. This stylish property is located on a quiet through-street, within walking distance of shops and restaurants and just a short drive from Kralendijk and the Caribbean Sea. Enter through the covered porch into a bright living area with space for an open kitchen. Large sliding doors open onto the terrace and backyard, where the concrete foundation is already in place for a future pool. Upstairs, both bedroom

Brixfox could not read this plot’s zone: its coordinates were read off the listing page by software, not taken from the agency’s map. Bonaire’s spatial plan (the ROB) allows short-stay letting, meaning stays of up to three months, only in designated zones. Whether a plot is in one differs by neighbourhood and by plot, and in residential zones it is not allowed. Brixfox does not know the zone of this plot. Have it checked in the ROB, or by the notary, before you buy. The yield on this page assumes the home may be let short-term.

Price
$425,000
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Kaya Nikiboko Noord 25A

Otrobanda · Bonaire · Ref BF-2029842862Source · Caribbean Homes Bonaire · listed 23 Sept 2026
Asking price
$425,000
Net yield
5.4%
Fully managed · Non-resident tax
Bedrooms
2
Bathrooms
2
Built area
227 m²
Land
227 m²
Brixfox Score 88 · AFinancial analysis ↓

Bonaire: short-term letting depends on the zoning of the plot

Brixfox could not read this plot’s zone: its coordinates were read off the listing page by software, not taken from the agency’s map.

Bonaire’s spatial plan (the ROB) allows short-stay letting, meaning stays of up to three months, only in designated zones. Whether a plot is in one differs by neighbourhood and by plot, and in residential zones it is not allowed.

The island government has enforced that since May 2024. In March 2024 it wrote to residents of eleven neighbourhoods: Sabal Palm, La Palma, Suikerpalm, Belnem, Bona Bista, Bolivia Ariba, Nawati, Santa Barbara, Hato, Sabadeco and Lagun Hill.

Brixfox does not know the zone of this plot. Have it checked in the ROB, or by the notary, before you buy. The yield on this page assumes the home may be let short-term.

Read from the published ROB map (zones last edited 15 Dec 2021), 23 Sep 2026.

Sources: the island government on letting a home · its enforcement notice · the spatial plan (ROB)

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
5.4%
$24,823 net operating income /yr
Gross yield · all-in basis
11.0%
−5.6 pts in operating costs & local taxes
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Otrobanda — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by our measured, market-calibrated asking-to-booked factor. Occupancy is calibrated against tracked reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
$254
Expected booked rate (market-calibrated)
Expected occupancy
55%
Full-year estimate, market-calibrated
Projected annual revenue
$51,007
ADR × occupancy × 365

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
$
Acquisition costs· 6.6% of price, auto-calculated
$28,125
Transfer tax (overdrachtsbelasting)$21,250
Notary fee$6,375
Land registry (kadaster)$500
Buyer-side agent fee· paid by the seller$0
Renovation budget· no measured ABC Islands basis — enter your own quote
$
Furniture & STR launch
$
All-in investment
$461,625
+8.6% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
$51,007
Rental management
−$10,712
Booking channel fees
−$2,040
Running costs (cleaning, utilities, upkeep, insurance, supplies)
−$10,201
Property tax (vastgoedbelasting)
−$3,231
Income tax on rent
$0
Net operating income
$24,823/yr
Net yield on all-in investment
5.4%

No income tax is charged: Bonaire's vastgoedbelasting taxes a deemed yield on the value instead. That is our reading of the law, not a ruling, so ask an accountant before relying on it. Financing is not modelled.

Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%4% · Otrobanda 5-yr avg — historical, not a forecast8%
Yield + value growth
5.4%/yr
5.4% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Otrobanda · Bonaire

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

88A
LocationAverage
Emerging or secondary location
Rental YieldStrong
5.4% net yield on all-in cost
OccupancyAverage
55% average occupancy
Nightly RateStrong
$254 per night
Visual AppealGood
7/10 visual appeal
Size & SpaceAverage
227 m² land area
ZoningAverage
Zone not confirmed: check the ROB
TenureNot stated
Tenure not stated — verify eigendom vs erfpacht with the notary
Strong net yield at 5.4% (fully managed, on all-in cost) — outperforms most villas in this market
Premium nightly rate of $254 — positioned in the top tier
Secondary location — rental demand may be lower than premium areas
Occupancy at 55% — factor in seasonal gaps

Consider carefully. Returns are below market average for this price point.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-20 pts occupancy35%$14,6353.2%
-10 pts occupancy45%$19,7294.3%
Expected55%$24,8235.4%
+10 pts occupancy65%$29,9176.5%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost

Payback14.4 yearsfrom net rent at the expected case
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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use verified Brixfox Intelligence rental data. Operating costs are modelled per line — Airbnb/Booking channel fees whoever manages, then either a full-service management commission or the staff/local operations a self-managing owner buys back, cleaning residual, utilities & insurance, local taxes — with every rate editable in the Financial analysis P&L above. Gross revenue is identical in both management scenarios. Market factors in ABC Islands may impact actual yields.