Cole Bay Land with Cottage Cole Bay, St Maarten

$297,000
Property type: Land
Bedrooms
1
Bathrooms
1

The space

  • Land Size: 1002 Sq Ft

Amenities

  • 1 Bathroom
  • 1 Bedroom
  • Air conditioning
  • Balcony
  • Parking
  • Paved Access Road
  • Swimming pool

Description

Cole Bay land with 1 bedroom cottage

Located in Cole Bay the land is on a gently sloping hill near the upscale Almond Grove Estate. Total of 1002 square meters of land with an existing 1 bedroom hillside cottage.

Condition: The 1 bedroom cottage needs cosmetic refurbishment, however, the prime value is in the land and views!

First one to see will buy! The endless ocean views are further enhanced during sunsets

    Features

  • 1002 square meters or 10785 square feet of gently sloping hillside land
  • Existing concrete structure with 1 bedroom, 1 bathroom cottage.
  • Private Pool
  • Ocean views from the expansive terrace of the cottage.
  • Fully furnished

Rare opportunity to build a large family villa or 6 apartments on top of the existing structure.

6 two-bedroom apartments will make you $12,000 in guaranteed rental income per month.
In ONLY 6 years you will have paid back the cost of construction and the land!

Land in Cole Bay is in high demand, we have buyers waiting.