Escape Restaurant

$2,690,000

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.

    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.

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    Transfer Tax

    4%

    Property Tax

    0%

    Capital Gains Tax

    0%

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    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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