Prime Location Simpson Bay Fixer Upper Apartment Building For Sale

$2,000,000

DEAL

$2,000,000

DEAL

16 b

BEDROOMS

16 b

BATHS

Property ID: K666
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    Simpson Bay Fixer Upper Apartment Building For Sale

    Prime location for this 3-level apartment building in Simpson Bay just directly opposite Simpson Bay lagoon with beautiful water views. The apartment building has 8 apartments each with 2 bedrooms and 1 bathroom and a ground floor commercial space.

    Lot size: 2000m2
    Building area: 912m2
    Eight 2-bedroom apartments needing some repair.
    Ground floor has a commercial space.
    Full concrete structure.
    All tenants will be removed once the building is sold.

    The Simpson Bay apartment building has 8 apartments with some cosmetic repair needed including a commercial space on the ground floor. The approximate livable area is 813.80 m2, 49.30 m2 for the porches and 49 m2 for the staircase. The total land area is 2000 m2.

    Property Features

    • Lagoon Views
    • Mountain views
    • Ocean view
    • Parking

    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

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    Transfer Tax

    4%

    Property Tax

    0%

    Capital Gains Tax

    0%

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    3

    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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