Pelican key villas have one thing in common: the best ocean views in St Maarten!
The experienced developer who owns this property understands this better than anyone. Having renovated the entire property a few years ago, he made designed everything to be focused around the stunning ocean views of Pelican Cay. In fact one of the unique features is that the entire living space is on one level, making it convenient for those with walking difficulty while offering ocean views from everywhere! Being a developer, he even had the hindsight to prepare the structure to build an additional level on top with support beams ready!
This three-bedroom Pelican Key villa is located in the upscale road with private luxury villas everywhere. The location is so popular that this villa is rare to be on the market considering how lucrative vacation rentals are in this particular location.
Families will love the layout, which brings everyone together in the large open plan living space. Offering a decent sized private pool this villa has an x-factor pool area which offers plenty of space for parties and family gatherings.
The property has a total of three levels and is built on a gently sloping land. The main home is located on the middle level with a storage room and pool room on the lower level. The upper level consists of a concrete viewing deck which is structurally ready to hold an additional bedroom/studio.
As you enter this Pelican Key villa you are greeted with a large open plan living area that consists of an entrance area, main seating area, dining area and contemporary kitchen. The large living area has access to the entire outdoor terrace which is separate by large glass doors that offers turquoise ocean views.
On the right side you have two bedrooms. Both the bedrooms are ensuite with walk-in closet space and large enough to fit a queen bed. There is also a large passage that contains plenty of storage to leave a clutter-free living area.
The third bedroom is on the left, accessed via a passage which is behind the kitchen. This bedroom gives you access to a private terrace which offers private garden views and a serene environment to unwind. The bathroom is not directly accessible via the room, however, it is simply a few steps away in the access passage.
Best feature: Whenever I come to meet the owners we have always been drawn towards this magnificent space. The pool and deck are the key feature of this Pelican Key villa and offers ocean views from everywhere. The pool provides the perfect backdrop for parties and family meets.
I particular remember the sunsets here. They are stunning! Truffles and Barbaresco are the perfect backdrop to accompany the beauty of the skies.
We promised you everything is near; even the beaches are within a five and ten-minute walk. You have the magnificent beaches at the resorts, accessible by anyone and you have Simpson Bay beach which accessible via Simpson Bay Resort or one of the popular beach bars along Pelican Key.
In this upscale neighbourhood of Pelican Key everything is within a short reach! Walk to your supermarkets, health and beauty salons, shopping, casinos and local beach bars. Enjoy a stroll on the infamous Pelican Key beach that we have been raving about and Simpson Bay Beach; one of St Maarten’s nightlife epicentres is just fifteen minutes walk away from your door!
Simpson Bay Resort, Flamingo and La Vista resorts located at the entrance of Pelican Key, is at the centre of major redevelopment, which will enhance the property prices due to the x-factor entertainment it brings to the location.
Your investment is secure!
Fifteen minutes from Princess Juliana International Airport and is conveniently located, just moments away, to other white sand beaches (Simpson Bay Beach), watersports, French bakeries, banks, drug stores, grocery stores, gyms, hairdressing salons, ice-cream parlours, massage centres, theatres, restaurants/bars, duty-free shopping, casinos and night entertainment.
There are no association fees with this Pelican Key Villa. Maintainance costs of this particular villa are very low. The owner has installed the energy efficient air conditioning and all lights are led based. According to the owner, the pool is the only critical expense associated with this villa.
With such low maintenance costs this villa represents an ideal investment for a vacation rental income property.
I did some research from our files. When you compare the price of this Pelican Key villa to other properties of similar magnitude and location, you will notice this villa is priced well beyond the market value of around $950,000. I am selling a larger lot of land, with no structure for $600,000, just a few meters away from this Pelican Key villa. This exhibits outstanding value for a property at $750,000!
For a property this size even the price per square meter is phenomenal, giving you so much space for very little money. Remember that everything you see in this villa is finished with high-quality fittings.
I have a rental analysis for this Pelican Key villa which indicates the owner currently rents with varying daily rates from $350 to $500 per night depending on the time of the year. The owner does not advertise the villa and prefers to occasionally rent it out at 20% occupancy. The gross income generated in 2019 was close to $50,000. There is a very loyal group of regulars who prefer to stay in this particular location.
If advertised I envisage that this villa should easily generate an income which is more than or close to $100,000 every year, with the bulk of income coming in during December months. Rent for a number of years and resell at a profit!
As an similar example, this Pelican Key villa rents for $300 per night on off-season rates!
In Pelican Key, your real estate always appreciates.
Accurately providing a finance calculaton for your mortgage, owner or partial finance calculation.
Yes we can help you get a bank finance deal!
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Transfer Tax |
4% |
Property Tax |
0% |
Capital Gains Tax |
0% |
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