Cay Hill Development Hillside Land

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BEDROOMS

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BATHS

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Property ID:
For Sale

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    Cayhill Development Land

    5504 square meters of gently sloping hillside development land in a prime commercial and residential address in Cayhill, Sint Maarten.

    Equating to 59244.56 square feet or 1.36 acres of undeveloped land in a very popular part of Cayhill.

    MOTIVATED owner, so make us an offer. This is once in a lifetime opportunity.

    The owner would be open to partnership development opportunities and is motivated to work on different opportunities.

    The local owners have a vision to build low-cost apartments or single-family homes for the people. However, a development partner with financial muscle is required to progress with this vision.

    Cay Hill Real Estate Sales Market Data 2020:

    1. A basic 3 bedroom apartment sells for $250,000.
    2. A basic 3 bedroom townhouse sells for $275,000.

    Cay Hill Rental Market Data 2020:

    1. A basic 3 bedroom apartment rents for $1600.
    2. A basic 3 bedroom townhouse sells for $1800.

    Buildings of up to 4 storeys can be built in this lot within minimal restrictions on deed.

    All surveys and due diligence at the cost of the buyer/development partner.

    Thank you.

    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

    Accurately providing a finance calculaton for your mortgage, owner or partial finance calculation.
    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 Nanwani

    Owner / Head Broker

    +17215261819 ritika@c21sxm.com

    Ritika Nanwani will call you as soon as possible

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



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