Escape Restaurant

$2,690,000

 b

BEDROOMS

 b

BATHS

b

Cupecoy

Property ID: 311

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Cupecoy prime commercial real estate for sale!

A very rare opportunity to invest in AAA prime commercial real estate in Cupecoy on Sint Maarten, Caribbean.This building has been beautifully updated and renovated since Irma. Pictures are all post-Irma.

Two excellent commercial tenants (restaurant & bakery) plus a 5 bedroom rooftop residence complete with alfresco Kitchen and swimming pool. The upper floor had been run as a high-end boutique hotel. This is entirely possible once again should an investor want to market it as such. There is a small studio apartment in back at ground floor. Caretaker lives there for free currently.

The location is on the busiest “round-the-island” main road and at the intersection to the AUC (Medical University) and in the absolute heart of Cupecoy. Walking distance from super-high density tourist area with one of the islands highest tourist visitor markets on the island. All of this makes this location prime, but not at a prime price.

You could build mulitple storeys with approvals. Or as is, could be run as many different business opportunities. Being in walking distance to all amenities and two prime white sand beaches (Mullet & Cupecoy), this is truly what they call location-location-location.

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  • 0% Capital Gains Tax.
  • 4% Property Transfer Tax and approximately 1.5% Notary fees.
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Transfer Tax

4%

Property Tax

0%

Capital Gains Tax

0%

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Ritika Nanwani

Owner / Head Broker

+ 1-721-526-1819 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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