Vie L’Ven VLV Indigo Bay Hotel And Beach Condos – Dawn Executive Suite

$1,445,000

PRE-construction

$1,445,000

PRE-construction

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BEDROOMS

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Property ID: K801
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    Vie L’Ven Indigo Bay Beach Hotel – Dawn Executive Suite For Sale

    Vie L’Ven (VLV) ultra-luxury beachfront condo for sale in Indigo Bay, St Maarten. Offering you unrivaled Caribbean experience with prestige and luxury amenities within steps from your condo. Access to the incredible five star amenities is key to living at VLV SXM.

    Vie LVen residences will occupy the entire beach in front of Indigo Bay, one of the most beautiful idyllic spots on St Maarten, with a plethora of world-class facilities to enjoy the natural beauty.

    Dawn Executive Suite 2 bedroom condo for sale.
    1,111 square feet of interior space with 2 bedrooms and 2 bathrooms plus outdoor terrace.
    Premium condo for sale with furniture, fixtures, and equipment (FF&P) included in the price stated.
    Return on investment: $60,045 per year (see below for calculations)
    Annual Owner Return: 4.09%.
    Price per Square Foot: $1,301
    HOA: $33 per square foor per year.

    Call Ritika on +1721-550-0555 or WhatsApp now.
    More studios and villas on request.
    We have the full range of properties for sale at Vie L’Ven (VLV).

    Crafted by a world-class team of architects, interior designers, and experts in the hospitality industry in order to create a destination like no other. The Developer’s family has been visiting St Maarten for over thirty years and Vie L’Ven is a way to give something to Sint Maarten that makes the locals proud of their home and heritage.

    Designed by Munge, the residences and interiors are completely new level of luxury for Sint Maarten. The prestige value goes further with rumours that one of the restaurants may include Alain Ducasse.

    The secret of Indigo Bay is incredible. Protected naturally by St Maarten’s mountains; this bay has one of the most beautiful beach spots in this Caribbean island. The beach will even be fully restored with new sand adding to its already natural state of total perfection!

    Buying at Vie L’Ven is a easy choice; especially considering the quick returns (see below) offered by VLV management team.

    Offering 0% Property Tax, 0% Capital Gains Tax, $60,000 return on investment every year and Indigo Bay beach!!
    It’s a simple decision!

    Ultra-exclusive, beachfront with super private access to the beach for your complete isolation and peace.

    Ideally located in Indigo Bay, Vie L’Ven is a premium hotel resort with condo residences for sale in the Caribbean with luxury that has never been seen before.

    Floor Plan For Dawn, Executive Suite 2 Bedroom

    DAWN
    1 BEDROOM + DEN (2 bedrooms + 2 bathrooms)
    INTERIOR: 1,011 SQ.FT.
    EXTERIOR: 100 SQ.FT.
    TOTAL: 1,111 SQ.FT.

    Vie L’Ven Condo Features

  • Custom furniture package, designed by internationally renowned interior design studio, Studio Munge
  • Ceiling heights of approximately 10′-0″ throughout
  • 12″ contemporary baseboards throughout, with 2″ door casing
  • Custom solid-core entry door, complete with view hole for added security
  • Plumbing fixtures in classic matte white finish
  • Hardware in matching matte white finish
  • Eggshell paint finish for walls in elegant off-white, with flat paint finish in white for ceilings
  • Custom millwork in suites featuring separate laundry
  • Custom tile flooring pattern throughout the suite, extending to the balcony/terrace
  • Custom accent color option for furniture package in coral or blue
  • Custom ceiling light cove in living room and bedrooms
  • Tailor-made closet unit, complete with wood slat sliding doors and sensory lighting
  • Expansive full-height sliding glass doors separating the interior from the exterior
  • Vie LVen Kitchen Features

  • Available only with suites; the Vie L’Ven kitchens are well equipped even for a chef!
  • Contemporary kitchen pantry with signature details, designed by Studio Munge
  • Corian countertop with backsplash in custom color
  • Single basin undermount sink, with single-lever pull-out faucet in matte white
  • Cantilevered shelf with halo lighting
  • Vie L’Ven Applicances

    • A state-of-the-art appliance package, complete with 24″ fridge/ freezer, 15″ induction cooktop, and ductless hood fan
    • Stacked washer and dryer

    Vie L’Ven Bathrooms

  • Custom vanity design with mirror lighting, designed by Studio Munge
  • Mosaic tile floor
  • Walk-in shower
  • Separate water closet with night light
  • Custom light trough in shower and water closet
  • Framed glass entry for shower and water closet
  • Contemporary rain shower fixture for a powerful overhead shower experience
  • Sleek make up mirror that creates near-shadowless lighting and mimics natural light
  • Custom towel rack
  • Undercounter accent lighting
  • Faucet and stone vessel sink in matte white finish
  • Linear tile-in floor drain with surrounding metal trim
  • Freestanding oval-shaped Corian tub in glacier white
  • Vie L’Ven Mechanical Condo Features

  • Individually-controlled seasonal central air conditioning with multiple zones
  • Motion sensor and window opening sensor connected to thermostat for optimum A/C operational efficiency
  • Lighting with dimmer switches
  • Recessed mounted down light in living room, bathroom, kitchen and bedrooms
  • In-suite smoke detector and water sprinkler system
  • Return on Investment Example – Dawn Executive 2 Bedroom Condo

    • Total Purchase Price: $1,445,000
    • Condo Price: $1,350,000
    • FF&E Package: $95,000
    • Condo size: 1,111 square feet
    • Price per Square Foot: $1,301

    Condo Payment Schedule

    Signing – 1st Deposit: 10% = $146,223
    Land Closing – 2nd Deposit: 29.5% = $425,250
    Concrete Structure – 3rd Deposit: 18.2% = $263,250
    Substantial Completion – 4th Deposit: 36.16% = $522,527
    Handover of Condo To You – 5th Deposit: 5.91% = $87,750

    After Hotel Opening: Annual Owner Return of $60,045 from your Executive 2-bedroom condo at VLV

    Operating Terms and Assumptions for VLV

    • Nightly Hotel Rate: $1,165
    • Expected Occupancy: 64%
    • Yearly Net Revenue from your VLV condo: $60,045
    • Condo usage limit: 8 weeks per year
    • HOA Fees: $27 per square foot per year
    • Facility Fees: $2 per square foot per year
    • Unit Utilities: $3 per square foot per year

    VLV Home Owners Association Includes

    • Complete building maintenance, landscaping, & replacement reserves
    • Land lease and master foundation maintenance fees
    • Property, liability, contents, & business interruption insurance
    • Administrative expenses
    • Management fees
    • Telephone, satellite, internet
    • Resort security
    • Access to fitness & spa facilities, pool, beach, resort grounds, conservation areas & public areas
    • Resort grounds maintenance, garbage collection & landscaping
    • Valet parking
    • Use of golf carts
    • Airport transfers

    Note: Based on stabilized ADR & occupancy in Year 5 post-hotel opening, after payment of land transfer tax, closing fees, FF&E, HOA, utilities & facility fees & expense cost sharing, with a 50/50 revenue split with hotel operator, and a 60-day owner usage. Returns assume purchase is completed in cash.)

    Vie L’Ven Indigo Bay (VLV Condos)

    Condo SALES STARTED! Vie L’ven features approximately 220 extraordinary condos in a broad mix of 1-bedroom, 2-bedroom and 3-bedroom suites; transforming the St Maarten experience into something this island has never seen. The beachfront development features a full-service five-star hotel with world-class restaurants, spa, fitness, concierge services and amenities. A new experience and energy infused by the celebration of vibrant cultures and indulgence of sublime luxury – all while preserving its natural beauty in the majestic conservation area of Indigo Bay.

    Indigo Bay Hotel And Condo Developer

    Vie L’Ven is a Altree development in SXM due to start in 2024. Altree is one of Toronto’s premier condominium development company. It is already in its third generation having transformed the entire Toronto Skyline with landmark projects in the City of Toronto. Bringing this experience to St Maarten is part of the legacy.

    The Master Plan includes an arrival entrance, lobby lounge bar, main swimming pool, event lawn, spa, beach bar, adult swimming pool, residential swimming pool, private beach villas and a pier.

    embrace signature living experiences that perfectly blends luxurious comfort with exquisite interior residential design. Offering 253 suites with fully furnished layouts to compliment your desired lifestyle ranging from 600 square feet to 6000 square feet. Outside you are surrounded by organic gardens with the option to add a private plunge pool. All Vie L’Ven condos come fully furnished in pristine style with access to amenities and services including discounts on Hotel facilities and food services.

    Vie L’Ven (VLV)

    The grounds of Vie L’Ven offer a private slice of paradise that blends seamlessly with the coastline, and extends to the Caribbean Sea. The site wraps around the calm shoreline, echoing the shape of a seashell and creating a waterfront oasis, protected from the wind and waves. Landscaped gardens and water features are linked together in a series of private experiences, designed to inspire, delight, and provide a constant connection to nature.

    The gated entrance sits 17.5 meters above sea level, creating a commanding sense of arrival, before gently descending to meet the shoreline in a series of cascading terraces that provide breathtaking views from every angle. Striking linear architecture frames a sculptural masterpiece from a renowned international talent, a crown jewel in the dynamic art program that stands out against the dark wood-panelled backdrop and coral stone floors. The reception exudes warmth and relaxed elegance, providing an intimate introduction to the resort.

    Lie out on the beach and listen to the sound of the calm waters of the Caribbean lapping the shore. With its south-facing orientation, the grounds are bathed in sunlight all day long, the bright rays filtering through the palms and the calm turquoise waters. The pier allows private boat access, while the protected coral reef

    Spa

    The Spa at Vie L’Ven embodies all the energetic spirit of what it means to truly live life to the fullest. The 30,000 square foot facilities showcase two of the community’s key elements: the breathtaking Caribbean Sea and the island’s profound, pure beauty. Guided by the ebb and flow of the tide, and the sun as it crosses the sky, the Spa’s philosophy is focused on delivering wellness experiences and services that are deeply connected to the sea, to nature, and to the island itself.

    The jewel of the Spa is the outdoor experiential bathing garden: a one-of-a-kind setting, inspired by centuries of wellness traditions. Surrounded by lush landscapes, and with views of Indigo Bay and the Nature Reserve, the garden includes a bio sauna, Finnish sauna, aroma steam room, vitality pool, hot pool, cold plunge, cool mist, waterfall shower, and tropical shower. It is the ideal place to relax, connect, recharge, and simply enjoy the healing powers found in the marriage of water, heat, cold, and rest.

    The Spa will feature renowned products from Biologique Recherche and The|Tides – a winning combination of French and Dutch beauty brands, that align with an overall philosophy of nature-based wellness and sustainability.

    Biologique Recherche has a stellar reputation for extraordinarily effective blends. Its formulations are based on a clinical approach to beauty using pure, concentrated, and raw ingredients, with 50% or more active ingredients. The products use cold-pressed plant, bio-marine, and biotechnological extracts, to deliver the ultimate in personalized skincare.

    Netherlands-based premium wellness brand, The|Tides, produces results-driven self-care products that perform and transform. Formulas are made with active botanical and mineral ingredients of the highest quality and efficacy, and are always clean, pure, vegan, sustainably-sourced, cruelty-free, and 100% biodegradable.

    Nature Reserve

    The Nature Reserve is six acres of preserved natural habitat, lush with indigenous plants and trees, and dotted with walking paths, meditation gardens, private lounging areas, and unique, curated experiences.

    Fitness Center

    The fitness facilities at Vie L’Ven combine beauty and functionality, pairing breathtaking oceanfront views with a state-of-the-art space outfitted with world leading luxury fitness equipment. Guests will have access to a full range of cardio and strength training stations, classes in a movement studio with floor-to-ceiling views of Indigo Bay, and an outdoor exercise terrace. For a more immersive experience, there are also yoga classes or a functional fitness course in the adjacent Nature Reserve.

    Five Star Amenities

    From delighting you with bespoke attention from our staff, to providing you with beautiful accommodations and spectacular views, we tap into decades of expertise to make your time with us truly unforgettable. Owners and visitors enjoy a world-class lineup of services including VIP airport transfers, valet parking, 24-hour room service, and daily housekeeping in luxurious beachfront accommodations with sprawling views of the ocean. Discover three spectacular swimming pools with private cabanas and personalized poolside service from sunrise to sunset, as well as a plethora of non-motorized water sports like snorkeling along protected coral reefs, or kayaking and kitesurfing, with equipment and training ready when you are. Lastly, Les Clefs d’Or concierge services can fulfill an infinite variety of requests, from the everyday to the extraordinary.

    Vie L’Ven Restaurants

    The resort will offer a variety of dining options, including a friendly beachfront bar and café, serving up delicious plates and tropical drinks; an all day restaurant; and a fine dining restaurant helmed by an award-winning, world-renowned restaurateur, a first in the Caribbean. An on-site garden will provide locally-grown produce and herbs for all the food and beverage venues, providing a true taste of the island. Every dining experience at Vie L’Ven will be nothing short of perfection.

    World class is a level of luxury synonymous with Vie LVen. Set on miles of pristine beach front, tucked into a conservation area – as the epitome of an oasis for pleasure, the resort experiences indulge its guests in both ambiance and experiences.

    Inspired by a quality of life, amenities include three-pools, boat access, gourmet restaurants, beachfront watersports, a world-class thermal spa, 24-hour concierge, pool bar, fitness centre, multiple pools, and a kids and teen club and many more.

    Additionally, the Vie L’Ven condo hotel development is expected to feature large water ponds and greenery areas in keeping with its eco-centric vision, as well as an extensive public parking area for public beach access to Indigo Bay.

    Once completed, the proposed world-class hotel development will be managed by an internationally-recognized Vie L’Ven management conmpany, which will lend itself to greater global recognition, the release said.

    Vie L’Ven In The Press

    Developer Cay Bay Development NV (CBD) requests variances to prevailing Planning Permit- 05088 ‘Cay Bay Estates’ in order to realize masterplan ‘Indigo Bay hotel and Condo’ along the Cay Bay beach in the area commonly known as Indigo Bay. These variances pertain to building height, beach setback and zoning. A variance from the planning permit is possible under article 5.4. of the planning permit. In order to extensively weigh the variances against the potential impact to the general interest that the guidelines of the planning permit intend to serve, the minister of VROMI decided to place the proposed masterplan on public review first. The following elucidation provides an overview of the masterplan and the requested variances:
    Elucidation
    Building height

    Vie L’Ven Site Plan

    The plan consists of one (1) main hotel building (red dots) with a high ceiling lobby with a building height of approx. 21,50m. In addition, the plan includes
    two (2) residential buildings consisting of five (5) floor levels and a building height of 17,5m (brown dots). The current allowable building height in the
    development area according to the Planning Permit is four (4) floor levels, max. 3,5m p/level, which is 14m.

    The development area along the Cay Bay beach Proposed masterplan and requested variances from the planning permit ‘Cay Bay Estates’
    Cross section of one of the residential buildings and the Lanai suites Cross sections of the main hotel building (approx. 21,50m)

    Beach setback

    The beach setback is the distance between the face of a construction and the high water line. The minimum allowable beach setback as indicated in the VROMI Beach Policy (1996) and the Planning Permit is 50m in the presence of a beach (sand) and 15m when there is no beach present. The blue dotted line on the Masterplan map, along the beach indicates a distance of 20m from the high waterline to the proposed constructions along the beach. In addition, the red dotted line indicates a setback of 15m from the high waterline.

    Zoning

    The purple triangle on the Masterplan map indicates a now natural preserved area (approx. 100m²) along the Cay Bay beach, which is requested to turn into built up area in order to construct part of the 2 floor level high ‘Lanai suites’ (approx. 6m).

    Excavation of the site

    In order to mitigate the impact of the proposed hotel development, the developer would be willing to substantially excavate the hotel site to lower overall levels. Additionally, the developer would be willing to lower the height of one (1) of the projected buildings to three (3) levels, whereas actually four (4) floor levels are allowed..

    Variance in building heights:

    Building will be lowered to three (3) floor levels (approx. 10,5m), instead of the allowable four (4) floor levels (approx. 14m)
    Residential building requested to be increased to five (5) floor levels (approx. 17,5m)

    Main Vie L’Ven hotel building requested to be increased to five (5) floor levels with a double height lobby (approx. 21,50m)

    Property Features

    • 1 Bedroom
    • 2 Bedrooms
    • 24 Hr Security
    • 3 Bedrooms
    • Balcony
    • Concierge
    • Gated
    • Mountain views
    • Ocean view
    • Parking
    • Sea view
    • Security
    • Swimming pool
    • Waterfront view

    Buying or Renting Property in St Maarten

    Buying or renting real estate in St Maarten is safer with Century21.

    St Maarten

    • 0% Property Tax.
    • 0% Capital Gains Tax.
    • 4% Property Transfer Tax and 1.5% Notary fees.
    • 2 months Security Deposit for rentals.
    • As a buyer or tenant our service to you is complimentary!
    • We are available 24/7 and we speak 9 languages.

    FINANCE CALCULATOR

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    Yes we can help you get a bank finance deal!
    Contact us for a quicker decision from the banks!

    Transfer Tax

    4%

    Property Tax

    0%

    Capital Gains Tax

    0%

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    Ritika Asrani

    Owner / Head Broker

    +1721-550-0555 ritika.asrani@c21sxm.com

    Ritika Asrani will call you as soon as possible

    No obligation phone call. Think of me as a friend in paradise!





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