Wow; what an investment opportunity! Cote D Azur marina is an iconic waterfront development in Cupecoy located right on the shores of Simpson Bay lagoon. This is just few meters away from the main mega yacht channel in Simpson Bay lagoon offering the opportunity to explore an aquatic investment along with the four waterfront condos to create a boutique hotel or similar.
This stunning location offers a newly renovated apartment building, consisting of 4 waterfront condos, right on the lagoon with the possibility of building a boat slip. Phenomenal rental potential in the area due to the medical student population or as a boutique hotel. Vacation rentals here are high demand and can genuinely generate a minimum of $300 to $500 per apartment per night at a occupancy rate of 80% in this popular Cupecoy location. Best investment opportunity at the moment!!
The property is a rare opportunity to own an entire block of ready-to-move-in waterfront condos with private pier in chic Cote D Azur Marina.
Cote Azur is a delightful village community set among a plethora of old palms and indigenous flowers right in front of calm lagoon waters. You get a sense of heaven when you are there.
For waterfront condo comparables in Cupecoy SXM please see examples below.
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Transfer Tax |
4% |
Property Tax |
0% |
Capital Gains Tax |
0% |
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