Strictly confidential and Highly sensitive

The Property on R+3 is a building of 18 apartments and 2 Penthouses located inside the heart of MAHO BAY which is the the Center of the touristic area of SINT MAARTEN ( the dutch part of the Island of SAINT MARTIN in the CARIBBEAN ) just in front of SONESTA MAHO PLAZA, RESORT and CASINO, the largest hotel on the island (600 rooms)
On walking distance of the Residence you'll find 4 other hotels, 2 casinos, more than 10 restaurants, boutiques, a golf course a spa and 2 beaches : Maho Beach worldwide known because of the airplanes flying over to land on the close airport and Mullet beach, the best beach on the Island
The improved surface of the Property is 1 313 square meters 1 413 construits + 300 square meters of terraces above the Penthouses
The apartments are :
2 Penthouses : 3 bedrooms, 3 bathrooms, a large living, a dinner space, a kitchen, a laundry, 2 terraces
150 square meters inside + 37 square meters for the first terrace + 150 square meters
for the terrace on top
6 two bedroom : Living room, Kitchen,70 square meters
4 one bedroom : Living room, Kitchen, 65 square meters
6 studios : Living room, Kitchen, 45 square meters
2 studios : Living room, Kitchen, 30 square meters
The total plot of land is 1 905 square meters in cadastre +, dividable, located on a " Commercial Zone" gives the possibility of an hotel business ( hotel, flat hotel...)
The existent building could be extended with 1 supplementary floors. The total capacity could be doubled on a part of the land, in front of the existing building
20 Parking Slot and Garden : 1 600 square meters
Swimming Pool
The Property is under a Private Fund Foundation which is Objectively a Non Taxable Entity it does NOT Pay Any Profit Tax and it pays Only 5 % on the Short Term Rentals. It's pays Nothing when the Property is sold again .
The Buyer would pay NO TAX Registration if we Substitute his Name in the Place of Ours as the Ultimate Beneficiary .
Figures :
Charges :
On walking distance of the Residence you'll find 4 other hotels, 2 casinos, more than 10 restaurants, boutiques, a golf course a spa and 2 beaches : Maho Beach worldwide known because of the airplanes flying over to land on the close airport and Mullet beach, the best beach on the Island
The improved surface of the Property is 1 313 square meters 1 413 construits + 300 square meters of terraces above the Penthouses
The apartments are :
2 Penthouses : 3 bedrooms, 3 bathrooms, a large living, a dinner space, a kitchen, a laundry, 2 terraces
150 square meters inside + 37 square meters for the first terrace + 150 square meters
for the terrace on top
6 two bedroom : Living room, Kitchen,70 square meters
4 one bedroom : Living room, Kitchen, 65 square meters
6 studios : Living room, Kitchen, 45 square meters
2 studios : Living room, Kitchen, 30 square meters
The total plot of land is 1 905 square meters in cadastre +, dividable, located on a " Commercial Zone" gives the possibility of an hotel business ( hotel, flat hotel...)
The existent building could be extended with 1 supplementary floors. The total capacity could be doubled on a part of the land, in front of the existing building
20 Parking Slot and Garden : 1 600 square meters
Swimming Pool
The Property is under a Private Fund Foundation which is Objectively a Non Taxable Entity it does NOT Pay Any Profit Tax and it pays Only 5 % on the Short Term Rentals. It's pays Nothing when the Property is sold again .
The Buyer would pay NO TAX Registration if we Substitute his Name in the Place of Ours as the Ultimate Beneficiary .
Figures :
- Income in 2019 : 480K USD possibility to optimize 10% to 15%
- Average monthly income: 30 000 USD and 40 000 USD
Charges :
- Insurance 13 500 USD per year
- 1 000 USD per month for maintenance
- 1000 USD per month for cleaning and maids
- 1000 USD per month for water and Energy
Location
- On the most toursitque part of the Island
- 5mn from the Airport Princess Juliana International Airport on the dutch side of the island
- Mullet Bay Golf Course is an 18 hole
- Walking distance from the most renkonw beaches : Maho Beach and Mullet Beach
- Golf court a few minutes away