For sale Development Property, SINT MAARTEN, Ile de St Maarten, Netherlands Antilles, Cupecoy -Tigris road

For sale - Cod. 11846

  • Tipology: Development Property
  • Area: 15600 m²
  • Rooms No.: 1
  • Floor: 1

THE PROJECT (estimated margin on 36 months: USD 14/17 Millions USD)
PROMENADE is located on the island of St Maarten, Netherlands Antilles, in Cupecoy, booming area where there are some of the finest projects (Cliff, Cupecoy Yacht Club made by the group ORIENT EXPRESS). Its location between the sea and the lagoon offers the advantage of tranquility coupled with the nearby beaches (Mullet Bay to 500 metres). The slight retreat from the sea can provide for selling prices reasonable compared to rates charged by some other operators.
Executive summary
PROMENADE is a turnkey project, including a parcel of land of 15,600 square meters, permits, estimates, website and, if necessary, technical and administrative support.
The building permit has been accepted for 130 units (from studio to penthouse), divided into two 7-storey towers and nine 4-storey buildings, in order to increase the financial yield of the operation.
Modifications to the plans is possible or other projects like Hotel, Casino or Supermarket...
The civil law notary for the operation is Notary Office SPS,where land and company have been acquired

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