Simpson Bay Investment Property

$499,000

$499,000

b

BEDROOMS

b

BATHS

Property ID: 308
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    Urgent Enquiry?

    Irma damaged property in Simpson Bay St. Maarten / St. Martin. Investors opportunity!
    Rare property, not many for sale in this price point in Simpson Bay!
    This home is situated in central Simpson Bay, Sint Maarten and is a stone throw away from the beautiful Caribbean sea and beach. The home is within walking distance to all needed amenities. Also right next door to an excellent school.
    The one level home is situated on a flat lot and is gated. It has plenty of room for a nice garden and parking for more than one car.
    Unfortunatly this little gem was badly hit by Irma and is in need of some major repairs or possible tear down to build an apartment complex or larger villa.
    The property lends itself to also perhaps a small boutique hotel or vacation rental property. With a possible blank canvas, the opportunites are truly endless.
    Simpson Bay, Sint Maarten is a premier location for tourism and this property is prime Caribbean investment land. The owner is receptive to looking at reasonable offers.

    Buying or Renting Property in St Maarten

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    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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    Contact us for a quicker decision from the banks!

    Transfer Tax

    4%

    Property Tax

    0%

    Capital Gains Tax

    0%

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    anish@c21sxm.com

    Ash Parekh will call you as soon as possible

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





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