Buddy Dive 408

Hato — ABC Islands, Caribbean

$350k · 1 bed · 1 bath · 4.5% net yield

Beautiful furnished apartment with stunning sea view in Building IV of the well-known Buddy Dive Resort. The apartment on the top floor features one bedroom, a bathroom, a spacious living room with open kitchen, and a terrace with sea view. An investment with returns, where the owner can also enjoy a vacation for two months each year!

At the listing’s street address, the island’s spatial plan shows Recreatie - Verblijfsrecreatie (article 43), a zone whose rules allow holiday letting. 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. A pin is not a surveyed plot boundary, and this one sits 409 m from ground where the answer differs, and a zone that allows it is not a permit for this home. Have the zone checked in the ROB, or by the notary, before you buy.

Price
$349,500
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Harbourtown Real Estate
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Buddy Dive 408

Hato · Bonaire · Ref BF-793598859Source · Harbourtown Real Estate · listed 23 Sept 2026
Asking price · Leasehold
$349,500
Net yield
4.5%
Fully managed · Non-resident tax
Ownership
Leasehold
Bedrooms
1
Bathrooms
1
Built area
64.01 m²
Brixfox Score 84 · A Lease term unverified — ask agencyFinancial analysis ↓

Bonaire: the zoning map puts this home in a zone that allows holiday letting

At the listing’s street address, the island’s spatial plan shows Recreatie - Verblijfsrecreatie (article 43), a zone whose rules allow holiday letting.

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.

A pin is not a surveyed plot boundary, and this one sits 409 m from ground where the answer differs, and a zone that allows it is not a permit for this home. Have the zone checked in the ROB, or by the notary, before you buy.

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.
4.5%
$17,008 net operating income /yr
Gross yield · all-in basis
9.4%
−4.9 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 Hato — 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
$171
Expected booked rate (market-calibrated)
Expected occupancy
57%
Full-year estimate, market-calibrated
Projected annual revenue
$35,547
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 · leasehold
$
Acquisition costs· 6.6% of price, auto-calculated
$23,218
Transfer tax (overdrachtsbelasting)$17,475
Notary fee$5,243
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
$379,708
+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
$35,547
Rental management
−$7,465
Booking channel fees
−$1,422
Running costs (cleaning, utilities, upkeep, insurance, supplies)
−$7,109
Property tax (vastgoedbelasting)
−$2,543
Income tax on rent
$0
Net operating income
$17,008/yr
Net yield on all-in investment
4.5%

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.

Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Hato · Bonaire

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

84A
LocationAverage
Emerging or secondary location
Rental YieldGood
4.5% net yield on all-in cost
OccupancyAverage
57% average occupancy
Nightly RateGood
$171 per night
Visual AppealStrong
9/10 visual appeal
Size & SpaceWeak
64 m² interior
ZoningStrong
Recreatie - Verblijfsrecreatie: holiday letting allowed (ROB map, at the pin)
TenureAverage
Erfpacht (lease land) — term not stated
Stunning visuals (9/10) — commands premium nightly rates
The island’s zoning map puts this home in Recreatie - Verblijfsrecreatie, a zone that allows holiday letting. A zone is not a permit, so have it checked before you buy
Secondary location — rental demand may be lower than premium areas
Occupancy at 57% — factor in seasonal gaps

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

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-20 pts occupancy37%$10,1482.7%
-10 pts occupancy47%$13,5783.6%
Expected57%$17,0084.5%
+10 pts occupancy67%$20,4385.4%

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

Lease termUnverifiedask the agency for the lease end date before relying on any valuation
Payback15.9 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.