Maho La Terrasse One Bedroom Condos For Sale
Maho For Sale

$169,000
Property Reference No: CO102
Property type: Condos and Apartments
Area (Sq Ft)
600
Bedrooms
1
Bathrooms
1

Description

Maho La Terrasse One Bedroom Condos For Sale

Available units – February 2021

  1. Ground Floor (views of pool and gardens) La Terrasse St Maarten One Bedroom Condo, 59m2 + 13m2: $169,600
  2. Ground Floor (views of pool and gardens) La Terrase St Maarten One Bedroom Condo, 57m2 + 11m2: $190,000
  3. Ground Floor (views of pool and gardens) La Terrase St Maarten One Bedroom Condo, 57m2 + 11m2: $190,000

Other condos available on different floors, just Quick Message me and I will get back to you with availability list.

Fully furnished and equipped 600 square foot one-bedroom La Terrasse condos for sale located on the ground floor of the building with views of the the lush gardens of La Terrasse in Maho. This is a full service Maho resort Royal Islander Club with private condos!

I admit these Maho condos are dated, but you won’t be looking at the furniture much when you are living in the most happening and stunning location in St Maarten! I mean Maho Beach Experience is just a few steps from your La Terrasse St Maarten condo!

The whole La Terrasse promenade is on the first floor. So ground floor in La Terrasse is actually first floor!
With this elevation you are far away from all the noise, in your tropical retreat. Enjoying the most popular location in St Maarten without the hustle and bustle.

I want to give you the best representation of La Terrasse, so I suggest you to please watch the video below. I couldn’t have done a more thorough job myself of presenting Maho La Terrasse condos.

La Terrasse Overview Video

The first two minutes of the video show the surrounding views and La Terrasse as an outstanding location! After that for a minute you photos of how a typical condo at La Terrasse in Maho would appear. Each condo will have different wear and tear, however they all started like this.

Royal Islander La Terrasse Condos

Turnkey residence steps from everything Maho has to offer, this is an excellent choice for vacation rental investment or second home.
Amenities include large pool facing the ocean, hot tub, tropical garden, underground parking, guest lobby, concierge services.
In the heart of the Maho Village offering a wide range of boutiques, international restaurants, nightclubs, casino, supermarket. Walking distance to the beach.

  • One bedroom ocean view St Maarten condo.
  • All condos for sale here are garden or pool view condos.
  • Managed of Royal Islander Club in Maho.
  • Good condition, would require some cosmetic upgrades.
  • Premium ocean view tourist location.
  • Steps from door to beach.
  • Large pool with magnificent pool deck raised to have unobstructed views of the planes and beaches.
  • This one bedroom condo has one private balcony measuring approximately 120 square feet.
  • This condo floor plan is all on one level.
  • 24 hour guarded security with guest lobby and receptionist.
  • Popular with short term vacation rental guests offering very high occupancy at La Terrase due to Maho beach and Mullet Beach proximity.
  • You can earn upto $170 per night with a high 70% occupany during peak season months
  • Approximate Maintenance fees are $450 per month including building insurance.
  • No property Taxes
  • Capital Gains: No
  • Closing Expenses: 4% Transfer Tax, Approx. 1.5% Notary fees and 1% transfer charges

 

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Maho, St Maarten

Location, location, location! This condo in La Terrasse at the Royal Islander Club is in the heart of the active and fun village of Maho on the Dutch side of St. Maarten/Sint Maarten. It has a wonderful pool on the deck, as well as a cozy Jacuzzi to drink under the stars at night. There is also a small kiddie pool and even an Observation Deck to watch the planes land.

The famous Sunset Beach Bar on Maho Beach is just across the street. And within just one block you can walk to thirteen restaurants, six bars, the Casino Royale and also Alina restaurant within a minute’s walk. There is also a Drug Store one block away. In addition your great vacation condo has a very good market attached to it for any groceries or libations you need to stock up on during your stay. The new restaurants JAX and Sublime also come highly recommended with critics claiming Sublime to be something sublime!

And if you wish to turn this into an income property by renting it to Short Term Vacation Renters, it already has a great track record with repeat guests to be turned over to you.

Did I say great location; the world famous Mullet Bay Beach which has been voted the best beach on the Dutch side of the St Maarten is also walking distance from your vacation condo.

The quaint French side of Saint Martin is very close and the Princess Julianna International Airport is less than 5 minutes away to give you the maximum time on your vacation before heading back home.

Simpson Bay with its many restaurants, bars & nightclubs and Philipsburg with its great Duty Free Shopping are both just a short drive away.
Yes you could not own in a better location for Fun, Sun, Sand and enjoying our beautiful Turquoise Caribbean Water.

Maho La Terrasse Costs

The Association and Maintenance costs are the only costs you need to worry about when living at the Royal Islander Club La Terrase in Maho. This is your new dream Caribbean home.

On average the monthly fees including Insurance and Maintenance are $450 for a 600 square foot one-bedroom condo.

Maintenance includes: 24 hour guarded security, maintenance of the garden and common areas, common area lights, pool maintenance, reception and receptionist, cable TV, administration fees and concierge.

Maho Condos As Investment

You can see from all the photos, videos and reviews everywhere on the internet that Maho is the most visited place in St Maarten. Yes even more than Orient Beach. You own a condo where every one wants to be!
The occupancy rate at Royal Islander Maho La Terrasse is over 70% for a well maintained condo. And everything is generally managed for you.
With rates of $1200 to $1400 per week, you are looking at an income of over USD40,000 every year from this condo!
Now you see why this makes such investment sense.

Condo fees are only $450 per month, meaning you net approximately $35,000 every year.

Only 5 to 6 years to pay off your La Terrasse condo!

Other options

I can only imagine that you don’t like the interiors at La Terrase to considering anything else, so I present to you Jordan Village Apartments and Emerald Maho Condos, both very modern and new, with equally impressive location.






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