Cupecoy Waterfront Land For Marina Condo Development For Sale

$8,000,000

$8,000,000

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    Cupecoy Land – Four Acres of Waterfront Land For Marina and Condo Development

    In the words of a Developer in St Maarten: “This is the most beautiful condo project in Sint Maarten and anyone would be crazy to say no!” Additionally she went on to confirm that “If you build a marina, its a guaranteed success”.

    • Cupecoy land with desirable waterfront location and generous height restrictions
    • 138 luxury condos or 80 townhouses possible.
    • 40 to 50 boat slips.
    • Four plus acres of flat land.
    • 350 x 400 feet of water frontage included, strategically right alongside the channel to save on dredging.
    • Waterfront government long-lease.

    Market demand forecasts a massive increase in revenue for the boating relating industry in the Caribbean due to the pandemic. Americans are looking at ways to isolate while the pandemic wreaks havoc on land. Where else to end up, but the Caribbean. Sint Maarten being the anchor to the Caribbean boating industry.

    Success story

    Compare this Cupecoy land to Las Brisas a luxury marina community in Cole Bay with 26 luxury apartments, all sold out in pre-construction at over USD500 per square foot. Now selling at USD600 per square foot. The average property size is 2000 square foot.
    Similarly Simpson Bay Yatch Club in Simpson Bay demands a premium price for properties in the upscale marina community.

    Every luxury residential project of mention has been successfully sold in Sint Maarten. There is an x-factor in Sint Maarten with the mixed European – American experience unique to just this island.
    There is an immense appeal in the diversity of Sint Maarten, especially from the colder destinations.

    Property Features

    • Lagoon Views
    • Ocean view
    • Waterfront view

    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 Asrani

    Owner / Head Broker

    +17215261819 ritika@c21sxm.com

    Ritika Asrani will call you as soon as possible

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





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