Vie L’Ven Pinel Junior Suite Indigo Bay Beach Condo For Sale

$750,000

pre-construction

$750,000

pre-construction

b

BEDROOMS

b

BATHS

Property ID: K801
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    Vie L’Ven (VLV) Indigo Bay Pinel Junior Suite Condo For Sale

    Vie L’Ven (VLV SXM) ultra-luxury 1-bedroom beachfront condo with highest return on investment for sale in Indigo Bay, St Maarten.
    You should buy all the Pinel Junior Suites at VLV St Maarten; simply based on the Return on Investment.

    Pinel Junior Suite 1 bedroom condo for sale.
    670 square feet of interior space with 1 bedrooms and 1 bathrooms plus outdoor terrace.
    Premium condo for sale with furniture, fixtures, and equipment (FF&P) available at additional cost.
    Return on investment: $74,876 per year (see below for calculations)
    Annual Owner Return: 8.9%.

    Offering you unrivaled Caribbean experience with prestige and luxury amenities within steps from your condo. Access to the incredible five star amenities is key to living at VLV SXM.

    Offering 0% Property Tax, 0% Capital Gains Tax, $74,876 return on investment every year and the benefits of Indigo Bay beach!!
    It’s a simple decision!

    Call Ritika on +17215261819 or WhatsApp now.
    We have the full range of properties for sale at Vie L’Ven (VLV).

    Ultra-exclusive, beachfront with super private access to the beach for your complete isolation and peace.

    Ideally located in Indigo Bay, Vie L’Ven is a premium hotel resort with condo residences for sale in the Caribbean with luxury that has never been seen before.

    Vie L’Ven (VLV condos) will occupy the entire beach in front of Indigo Bay, one of the most beautiful idyllic spots on St Maarten, with a plethora of world-class facilities to enjoy the natural beauty.

    Floor Plan For Dawn, Executive Suite 2 Bedroom

    PINEL
    1 BEDROOM
    INTERIOR: 570 SQ.FT
    EXTERIOR: 100 SQ.FT
    TOTAL: 670 SQ.FT

    8.9% Return on Investment Example – Pinel Junior Suite 1 Bedroom Condo

    Condo Purchase Price

    • Total Purchase Price: $825,000
    • Condo Price: $750,000
    • FF&E (Furniture) Package: $75,000
    • Condo size: 670 square feet
    • Price per Square Foot: $1,231

    Installment Schedule for VLV

    Signing – 1st Deposit: 9.85% = $81,235
    Land Closing – 2nd Deposit: 28.64% = $236,250
    Concrete Structure – 3rd Deposit: 17.73% = $146,250
    Substantial Completion – 4th Deposit: 37.88% = $312,515
    Handover of Condo To You – 5th Deposit: 5.91% = $48,750

    After Hotel Opening: Annual Owner Return of $74,876 from your Pinel 1-bedroom condo at VLV

    Operating Terms and Assumptions for VLV

    • ADR (Average Daily Rate) of $969 and Occupancy levels of 78% per year!
    • Estimated Yearly Net Revenue: $74,876
    • Owner Usage limit: 8 weeks per year
    • HOA Fees: $27 per square foot per year
    • Facility Fees: $2 per square foot per year
    • Unit Utilities: $3 per square foot per year
    • Expense Share: 15% of owner revenue
    • Revenue Split*: 50/50 with operator
    • Annual Owner Return: 8.93%, $74,876

    VLV Home Owners Association Includes

    • Complete building maintenance, landscaping, & replacement reserves
    • Land lease and master foundation maintenance fees
    • Property, liability, contents, & business interruption insurance
    • Administrative expenses
    • Management fees
    • Telephone, satellite, internet
    • Resort security
    • Access to fitness & spa facilities, pool, beach, resort grounds, conservation areas & public areas
    • Resort grounds maintenance, garbage collection & landscaping
    • Valet parking
    • Use of golf carts
    • Airport transfers

    Note: Based on stabilized ADR & occupancy in Year 5 post-hotel opening, after payment of land transfer tax, closing fees, FF&E, HOA, utilities & facility fees & expense cost sharing, with a 50/50 revenue split with hotel operator, and a 60-day owner usage. Returns assume purchase is completed in cash.)

    Vie L’Ven Indigo Bay (VLV Condos)

    Condo SALES SATARTED! Vie L’ven features approximately 220 extraordinary condos in a broad mix of 1-bedroom, 2-bedroom and 3-bedroom suites; transforming the St Maarten experience into something this island has never seen. The beachfront development features a full-service five-star hotel with world-class restaurants, spa, fitness, concierge services and amenities. A new experience and energy infused by the celebration of vibrant cultures and indulgence of sublime luxury – all while preserving its natural beauty in the majestic conservation area of Indigo Bay.

    Crafted by a world-class team of architects, interior designers, and experts in the hospitality industry in order to create a destination like no other. The Developer’s family has been visiting St Maarten for over thirty years and Vie L’Ven is a way to give something to Sint Maarten that makes the locals proud of their home and heritage.

    Vie L’Ven Master Plan 2024

    Every single condo floor plan at Vie L’Ven is available on request!

    Indigo Bay Hotel And Condo Developer

    Vie L’Ven is a Altree development in SXM due to start in 2024. Altree is one of Toronto’s premier condominium development company. It is already in its third generation having transformed the entire Toronto Skyline with landmark projects in the City of Toronto. Bringing this experience to St Maarten is part of the legacy.

    The Master Plan includes an arrival entrance, lobby lounge bar, main swimming pool, event lawn, spa, beach bar, adult swimming pool, residential swimming pool, private beach villas and a pier.

    embrace signature living experiences that perfectly blends luxurious comfort with exquisite interior residential design. Offering 253 suites with fully furnished layouts to compliment your desired lifestyle ranging from 600 square feet to 6000 square feet. Outside you are surrounded by organic gardens with the option to add a private plunge pool. All Vie L’Ven condos come fully furnished in pristine style with access to amenities and services including discounts on Hotel facilities and food services.

    Vie LVen (VLV)

    World class is a level of luxury synonymous with Vie LVen. Set on miles of pristine beach front, tucked into a conservation area – as the epitome of an oasis for pleasure, the resort experiences indulge its guests in both ambiance and experiences.

    Inspired by a quality of life, amenities include three-pools, boat access, gourmet restaurants, beachfront watersports, a world-class thermal spa, 24-hour concierge, pool bar, fitness centre, multiple pools, and a kids and teen club and many more.

    Additionally, the Vie L’Ven condo hotel development is expected to feature large water ponds and greenery areas in keeping with its eco-centric vision, as well as an extensive public parking area for public beach access to Indigo Bay.

    Once completed, the proposed world-class hotel development will be managed by an internationally-recognized Vie L’Ven management conmpany, which will lend itself to greater global recognition, the release said.

    Property Features

    • 1 Bathroom
    • 1 Bedroom
    • 24 Hr Security
    • Balcony
    • Built in wardrobes
    • Concierge
    • En suite Bathrooms
    • Gated
    • Generator
    • Gym
    • Infinity Pool
    • Lift
    • Mountain views
    • Ocean view
    • Parking
    • Sauna
    • Sea view
    • Security
    • Swimming pool
    • Terrace
    • Tropical Garden
    • 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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    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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