Pelican Key Luxury Oceanview Apartments Pelican Key, St Maarten

$350,000
Property type: Condos

Amenities

  • Common Pool
  • Fully Furnished
  • Garden
  • Home Appliances

Description

Pelican Key Luxury Oceanview Apartments

A soothing sanctuary of luxury ocean view apartments nestled around a lovely garden and zen style dipping pool. For sale in Pelican Key, Sint Maarten. Quick and quiet sale required.Three-bedrooms and one-bedroom apartments.Located on Billy Folly Road, minutes to beach, restaurants, hotel, casino and nature hikes.

    Main features

  • Like new condition
  • Ocean views
  • Luxury finishing
  • Reputable developers
  • 90% occupancy
  • Ceiling fans & air conditioning
  • Washing machine and dryer
  • Ready to move in!

6x one-bedroom apartments, large 1107 square feet (103m2), starting from $315,000 each.
2x three-bedroom apartments, large 1989 square feet (185m2), starting from $450,000 each.

One-Bedroom Apartment:

The 103m2 one-bedroom apartment is designed over two-levels: with the ground floor consisting of kitchen – living – dining – half bath and large private terrace while upstairs you have king size bed, closets, bathroom and another huge terrace!

Three-Bedroom Apartment:

The 185m2 three-bedroom apartments are designed over three levels with a loft bedroom at the top and two large bedrooms in the middle while the ground floor consists of a huge open plan kitchen living area and private terrace. The covered terraces are large and private.

Long term rental income per month:

One-bedroom apartment rents for $1900 – $2200 at the moment.
Three-bedroom apartment rents for $3300 – $3500 at the moment.

Usually around 50% more for short-term rental income.

With numbers like this, it’s not surprising that the Developer has been refusing to sell these apartments!

Short term rental will be significantly higher in this location.The property has been originally constructed to be converted into hotel suites for vacation rental.

True Market Value:

Two-bedroom apartment with ocean view in Pelican Key: USD $450,000 each
Three-bedroom apartment with ocean view in Pelican Key: USD $650,000 each

Honestly, if I compare what’s around Pelican Key, these apartments are ‘for sale’ below market value. You would need to see the quality of construction before you take my word.

Armed with these numbers, make us an offer.

Ocean view apartments

And I haven’t even spoken about the best part: ocean views are simply mind blowing on this part of Sint Maarten!! West facing Pelican Key sunsets takes my breath away! No price can justify the ocean views; just priceless!

Below Market Value

Honestly, if I compare what’s around Pelican Key, these apartments are ‘for sale’ below market value.
You would need to see the quality of construction before you take my word.

Call or Whatsapp me on +1721 526 1819, alternatively just message me privately here.

Thank you.