Cay Hill Development Hillside Land Cay Hill, St Maarten

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Property type: Land

The space

  • Land Size: 59244 Sq Ft

Description

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.