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Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Listing ID: 97221Listing Agent: Antonio Pomata$650,000

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Cole Bay Apartment Building, Ideal Revenue Generator, Real Estate St. Maarten SXM

Property Details

Beds9Baths5.5

Year1999MLS #97221Bldg Size320 sq. m.

Property Description

Cole Bay Apartment Building, St. Maarten SXM

Cole Bay Apartment Building, Real Estate St. Maarten SXM

PRICE TO SELL AT $ 650,000.00 US.

INTRO

This is a unique investments opportunity.

Located in the district of ColeBay.

3-Level apartment building for sale.

Consisting of 5 units and 5 parking space.

UNITS SPECIFICATIONS

Apartment building: 3 levels of 5 units, 5 parking space.

2 units - 1 Bedroom, 1.5 Bathrooms, living room, kitchen, porch/balcony

One unit of one bedroom is on the ground level, while the other one bedroom unit is on the first level.

2 units - 2 Bedrooms, 1.5 Bathrooms, living room, dining room, kitchen, porch/balcony

These 2 units, of 2 bedrooms each are duplex, occupying the ground level and the first level.

1 unit - 3 bedrooms, 1.5 Bathrooms, living room, dining room, kitchen, porch/balcony

This 3 bedrooms unit is on the top level of the building with great views all around.

Cole Bay is a great location near all the marinas.

Let's not forget the Bars - Restaurants, Supermarkets, Drug Stores and much more.

Every unit has a reserved parking space, the building is solidly built with concrete and steel.

Each units has its own meter for water and electricity, building is on private septic.

SMI Real Estate, St. Martin / St. Maarten / SXM

Location

5 Units, Apartment Building Cole Bay, St. Maarten

Interested In This Property?

Schedule a Showing Mortgage Calculator Printable Flyer Request Information

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May052023

Mar282023

Mar252023

Mar222023

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Mar172023

Feb192023

Feb122023

Feb122023

Feb092023

Jan202023

Jan152023

Aug192022

Jul312022

Jul052022

Jun302022

Jun242022

Jun222022

Jun042022

May302022

May232022

May142022

May072022

May012022

Apr242022

Apr182022

Mar042022

Jul172020

Nov192019

Nov192019

Oct142019

Sep112019

Sep062019

Jul292019

Feb092019

Dec162018

Dec162018

Sep082018

Aug262018

Jul102018

Jan252018

Jan102018

Jan092018

Dec132017

Oct112016

Oct112016

Oct112016

Finally we have an MLS in Sint Maarten

We are happy to announce that we have an MLS myislandmls.com ( Multiple Listing Services ) in St Maarten.

The MLS is being now populated by the main Real Estate companies in Sint Maarten.

More and more companies are joining the MLS, we will also be linked with other USA MLS

for more exposure and better results.

As in theUnited States all listing m

... + Read More

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Cryptocurrency is easily one of the biggest economic buzzwords circulating the web. From the recent, weeks-long internet debate over NFTs to the growing popularity and value of Bitcoin and Ether (ETH), the conversation around crypto investments is dynamic and ongoing. It should therefore come as no surprise that the digital

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Co-Ownership during inflation

Co-Ownership during inflation
Co-Ownership during inflation

Inflation can make it challenging for individuals to achieve and maintain home ownership. Here's how inflation can impact homeownership:
Increased Property Prices:
Inflation can lead to rising property prices over time. As the value of money decreases, the cost of purchasing a home tends

... + Read More

Are You Ready to Own A Home? Remember It Comes with Expenses

Are You Ready to Own A Home? Remember It Comes with Expenses.
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Yes, owning a home can be quite expensive. There are many costs associated with owning a home, such as mortgage payments, property taxes, homeowner's insurance, repairs and maintenance, and utility bills. These expenses can add up quickly and can be a significant

... + Read More

What is trending in the real estate industry?

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Real estate prices are affected by various factors, including the state of the economy, interest rates, housing demand and supply, population growth, and government policies.
Here are some potential scenarios that may cause real estate prices to increase in 2023:
Economic growth: A strong economy often leads to a

... + Read More

MLS St Maarten St Martin

We are building the MLS in St Maarten St Martin to organize the real estate business.
There are too many rough agents conducting business on the island that have no idea of what they are doing.
This rough agents have no company no office no license no real estate experience.

Be aware of these agents when you decide to buy real estate in St. Maarten St Martin, make sure to ask for some credent

... + Read More

The Impact of Inflation and Real Estate

The Impact of Inflation and Real Estate
Inflation and Real Estate the positive and negative impacts SXM
Inflation and Real Estate
Inflation can have both positive and negative impacts on real estate, depending on the nature and level of inflation. Inflation can have a significant impact on property values. Inflation refers to the general increase in prices of goods and service

... + Read More

Real Estate Education Guarantees a Good Agent

Real Estate Education
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Real estate education is an essential aspect of the real estate industry. It involves the formal and informal processes of learning that provide individuals with the knowledge, skills, and expertise to engage in the buying, selling, and leasing of properties. Real estate education has been recognized as an important

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Why Is Home Ownership an Important Investment?

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When 21 experts were asked, they had differing opinions of whether buying a home is a good investment or not.

57% said yes, while 5% said no. 38% said it depends on the market and your financial situation.

One of the leading experts that said yes has this to say: “Owning a home is how most people aim to build wealth.

In most count

... + Read More

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SXM 37 Square Miles of cultural diversity! You have not just chosen the Caribbean.

The Caribbean is one of the most popular tourist destinations in the world. It is famous for its turquoise waters, sandy beaches, and sunny weather. For decades, investors have been eyeing the real estate market in the Ca

... + Read More

The Cliff bea

The Cliff Maarten is one of the best beachfront residences located in cupecoy sxm.
The building as everything that anyone would want like restaurant Mario's Bistro,

gym indoor pool reception concierge underground parking storage.

Let's not forget the direct access to the beach of Cupecoy,

the building is 12 stories high strong to sustain the Caribbean weather.

Steel

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Terres Basses French Lowlands St Martin

Terres Basses French Lowlands this is a 500 acres Peninsula located on the french side of the island Saint Martin.
There are approximately 320 properties, each of them have a size 2 1/2 acres, there are also three magnificent white sand beaches.

Baie Rouge, Baie Longue, Baie aux Prune, all of them are public, we do not have private beaches in St Martin St Maarten.

Terres Basses i

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Should Foreigners Invest in St. Maarten/St, Martin Real Estate?

SHOULD FOREIGNERS INVEST IN ST. MAARTEN/ST. MARTIN REAL ESTATE?
Have you been thinking about making a big change and buying real estate in the Caribbean? IF so, you should look into investing in a property in St. Maarten/St. Maarten. This unique island has a Dutch side that makes up part of the Kingdom of the Netherlands and a French side that is a French overseas collec

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Can Foreigners Buy Real Estate in St. Maarten?

CAN FOREIGNERS BUY REAL ESTATE IN ST. MAARTEN?
Are you ready to call a Caribbean island your home? Come visit “The Friendly Island” and start searching the properties for sale in St. Maarten! St. Maarten is part of the Kingdom of the Netherlands that comprises approximately 13 sq. miles of tropical paradise with many beautiful communities where you can find your next

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Porto Cupecoy St Maarten

Porto Cupecoy is located on the Dutch side of the island St Maarten, near the board with the French side.
Right on the Simpson Bay Lagoon with a large marina for all type of boats.
There is a large Piazza with restaurants Bars and shops.
There are a variety of condos from 1 Bedroom to 5 Bedroom.
La Terrazza del Sole amazing and unique condo 3 Bedroom 3,5 bathroom one of the few with private po

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St. Maarten Real Estate

St. Martin - Maarten Real Estate comprises of numerous real estate firm.

Ready to assist you in your search of real estate on this beautiful Caribbean Paradise Island.

SMI is one of the many real estate firms, with 30 plus years of Real Estate experience on St. Maarten.

Properties of a range of sale prices from a 200K to the million.

Offering a variety Real Estate in every distri

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Small Hotel Orient Bay

Exclusive Property, Rare opportunity - Boutique Hotel
for sale, great sea view, located in the gated community
of Orient Beach, St. Martin St Maarten Island.

7 bedrooms 7 bathrooms, Bar, Restaurant, Fully Equipped Kitchen

Private Swimming pool & Jacuzzi - Parking

Orient Bay is well known location in St Martin

very charming village right on the beach with restaurants, Bars

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Why owning a home in St Maarten is a good idea

Why it's a good idea to own a home in St Maarten St Martin

1. First of all we have Princess Juliana International airport with direct daily flights Paris, New York, Philly, Amsterdam, Miami, Charlotte Panama.
So St Martin it is a very easy destination.

2. We have the best Restaurants in the region, Local food, French, Italian, Greek, Arabic, Swiss, German
probably over 300 restaurant to c

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Commercial building beachfront

Commercial building beachfront Philipsburg
550 M2 of land 3 level building needs TLC
great investment

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Lowlands Villa for sale

Lowlands exclusive Villa for sale

Located in the heart of Terres Basses Lowlands St Martin best location on the island

excellent Weekly rental - good return

flat parcel of land private pool 3 bedroom cottage.

2 car garage plus diesel back up diesel generator

Property has 2 gates, one for each villa.

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For sale commercial land

Commercial land for sale in Pointe Blanche St Maarten 1 acre
Road front ideal for a commercial building or storage
strategically located near the port where all containers come in.
St Martin SXM Immo - Real Estate
Pointe Blanche is a commercial and residential location near the Capital Philipsburg Sint Maarten.
As St Maarten St Martin is a DUTY FREE island this is an ideal property to star

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Cupecoy Land land for sale SXM

Land for sale Cupecoy SXM

Beachfront and lagoon front land for sale in Cupecoy area.

There are different size plots Beachfront ideal for a hotel resort or condo complex.

Also there are residential plots of land ideal for a home with boat dock on the SXM Lagoon.

The large beachfront commercial plots have a size of 2 acres plus and the prices start at $ 11 M USD

The residential lago

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Real Estate Group Investments in SXM

We are creating an investment group to purchase Real Estate in St. Maarten /Saint Martin.

The objective is to purchase properties, for the investors in the group for their personal use and resell them after 5 to 7 years and share profits.

SMI will maintain and manage each property purchased, and investors will be able to use properties based on their shares invested.

The Real Investment G

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Huge Price drop Villa Pelican SXM Real Estate

Pelican Key St Maarten magnificent villa for sale
massive price drop.
Gorgeous 5 bedroom villa for sale in Spanish Style Pelican Auction price as of May 30th 2022
https://stmaarteninvestments.com/listing/villa-plantation-pelican-key-real-estate-st-maarten-sxm/

2 L

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Build your home in SXM

Build your home in SXM
Build your house in SXM with a trusted real estate company in St. Maarten, St. Martin.

Building a house in St Maarten St Martin is not difficult.

First you need to find your preferred location on the French side or Dutch side of the island.

Once you have purchased the land you will need to obtain drawings from an architect.

A building permit w

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Real Estate Auctions and Foreclosures SXM

Real Estate Auctions and Foreclosures
Real Estate Auctions and Foreclosures in St Martin / St Maarten SXM

We do have home auctions and foreclosures in St Martin and St Maarten.

On the Dutch side, auctions are published on the website of the notaries.

French St Martin auctions are publish in specific Real Estate newspapers and magazines.

These properties are not loca

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Free evaluations

Real Estate Appraisal SXM
Free evaluation, real estate appraisal sxm

May 9th 2022

Are you thinking about selling or buying a property in St. Maarten?
Please call us for a FREE evaluation/opinion or consultation.
Appraisal reports are mandatory now on the Dutch side of St. Maarten.
You can obtain an appraisal via an architect or engineer.
The architect or engineer must be recogn

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Taxes in SXM

Taxes
Taxes in SXM

Sint Maarten

There are 3 main taxes in St Maarten.

1. Wage tax
2. Turnover tax
3. Profit tax
4. Real estate tax (not currently enforced)

Capital gains tax does not apply to individuals.
To avoid the capital gain tax you need to buy real estate in your name.
It is possible to buy real estate with a company, for example an LLC from USA.

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Pensionado Status Sint Maarten

Pensionado Status Sint Maarten, very important information.

If you buy a property with a value no less than $275,000 USD.

You can become what is called a “resident with Pensionado status"

This status only applies to certain nationalities, such as Dutch, Belgian, and Swiss.

You can NOT work on St. Maarten if you have the 'Pensionado status '.

Your world income will be taxed at a fa

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MLS Multiple Listing Services

MLS Multiple Listing Services Sint Maarten Saint Martin SXM
MLS Multiple Listing Services

Unfortunately for sellers, buyers and Real Estate companies we have no MLS on the island.

Not on the French side and not on the Dutch side.

This is obviously a disadvantage for all of us in the industry.

This also include the sellers and the buyers.

If you are a buyer you ne

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Buyer’s Agent Real Estate consultants

We have been in the Real Estate business for 30+ years.

We have a very good knowledge of the Real Estate market in Sint Maarten, Saint Martin, SXM.

We are licensed on both side of the island.

To find the property of your dreams with our expert assistance.
Please contact us.

EMAIL:
info@stmaarte

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St. Maarten St. Martin Welcome You Back. Travel Guidelines Below

Travel Requirements SXM
The following information will be especially helpful for those who are looking forward to visiting our magnificent Island of fun and sun, St. Maarten / St. Martin.

We have compiled useful information in reference to the travel requirements for entry into St. Maarten along with your regular travel documents.
Please research the travel requirements r

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ULTIMATE BENEFICIARY OWNER FORM

Ultimate beneficial owner form necessary when transferring a company
Ultimate beneficial owner form.

ULTIMATE BENEFICIARY OWNER FORM
For the drafting and signing of any document and/or notarial deed executed by our office.
We will need a copy of a valid identification (required by standards and regulations of FIU).
Also, (our legal identification obligation by law)

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Corporate documents necessary for Companies to own Real Estate in Sint Maarten

Corporate Documents for Real Estate Purchases
Corporate documents needed for companies to own real estate in SXM:

A copy of the deed of incorporation of the entity providing its statutes (including all documents and deeds on any amendments to the deed of incorporation if applicable);
Proof of registration of the entity or company in the Public Trade Registers (no

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Share Transfer procedures in St Maarten, what you should know

Share Transfer by Civil Notary St Maarten Country SXM
Share Transfer procedures in St Maarten, what you should know.......

To transfer share a civil law notary, have a far-going legal compliance to be met with every transaction.
In a share transfer a civil law notary is not THE ONLY BODY/PERSON OBLIGED to carry out a Share Transfer.
If a client chooses to have a notary offi

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New investments in St Martin and St Maarten real estate market (2019)

St Martin | St Maarten - the Caribbean Jewell - starts shining again
Real Estate Investments SXM, Caribbean Properties.

Last two years were very dynamic for both French Saint Martin and Dutch side Sint Maarten.
In 2019 residential and commercial real estate market is experiencing big come back.
Just to name a few, new investments, fresh ideas and projects.
The island is recoverin

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St Maarten / St Martin real estate 2 years after Irma. The good news!

St Maarten / St Martin real estate after Irma.
Looking back in 2017
Irma was recorded as one of the most powerful category 5 hurricanes ever. This natural disaster directly hit the island of Saint Martin / Sint Maarten and shook the real estate market leaving a lot of damage in properties and mixed feelings of homeowners. It was estimated that more than 90% of the buildings were damag

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Condos for sale in St Maarten / St Martin, beautiful apartments available

There are several options when it comes to buy a condo in St Maarten - St Martin
here some suggestions:

Cupecoy Beach Club: Located in Cupecoy, near the golf course. This project was built in the 80's and it is very well kept. Has direct access to the beach of Cupecoy,common pool, there are about 60 units 2 & 3 Br large pool, 24h security and only 5 minutes from Juliana international Airpo

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Properties for sale St Maarten St Martin

Properties For Sale
Simpson Bay Beach Sint Maarten
Modern Penthouse on the top floor with amazing views of the Caribbean sunset.
3 Bedroom 3.5 bathrooms, Turn Key, direct beach access, Secured Building.
Price $ 1,3 M USD

Properties For Sale

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The notary in St Maarten

Notary within the Dutch Kingdom (Sint Maarten) Country SXM
Notaries occupy a special place in the world of legal professionals in the Dutch Kingdom. In company with attorneys-at-law (advocaten), bailiffs (deurwaarders) and tax advisors (belastingconsulenten). This is first and foremost the of the appointment of a notary and performs his duties. Like an attorney, a notary is a legal profe

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Documents and Procedure for the Sale and Purchase of Property in St Maarten

Procedure and Required Documents for The Sale And Purchase of an Immovable Property in St. Maarten:
Required documents and information on the transaction of Sale and Purchase.

A sign purchase agreement between buyer/purchaser and seller. (if there is no sign but only a verbal sale and purchase agreement, parties can at any moment revoke the sale and purchase agreeme

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Where to buy Real Estate St Maarten St Martin SXM

Where to buy real estate in St Maarten St Martin SXM
St Maarten St Martin has a lot of beautiful real estate sites. In this article we are going to list some of the best sites and give you an idea of their features. Of course in St Maarten St Martin there is a French side and a Dutch side. So one has to decide on which side you are rather be. But in any case the island i

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Real Estate Market in St. Martin / St. Maarten today August 2018

August 2018 The Real Estate Market in St. Martin St. Maarten SXM today.

Lots of new real estate owners in St Martin St Maarten today.
In the past 12 months, a lot of real estate transactions due to the drop in prices. All of these transactions are now driving the prices back up and soon the real estate market in St Maarten St Martin sxm is g

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MLS Sint Maarten Saint Martin SXM, buy and sell your property smartly

No MLS Sint Maarten Saint Martin SXM
This makes the real estate business a lot more complicated for everyone, buyers, sellers, Real Estate brokers. The sellers will not get the exposure they need, the buyers will not get the selection they deserve. Plus brokers have to work a lot harder to make a transaction. When buying real estate in St Maarten St Martin make sure your realt

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Big Price Drop on Magnificent Villa in Pelican Key St Maarten

Located on the top of the mountain Pelican Key this villa has an incredible view of the St Maarten Island.
Carl Abott the famous architect design this magnificent villa, 3 bedroom 3,5 baths, private pool car garage, wine cellar GYM.

Pelican Key is one of the most respected residential community on St Maarten St Martin since many years.

A well-known location, very central yet seclud

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Properties damaged by hurricane Irma September 2017

Because of Hurricane Irma in 2017 many properties were damaged. This means that There are owners who already had their properties for sale. They will need to think about reconstructing their properties or sell their properties as they are. It also brings new opportunities for those who like to take this opportunity to make an investment. If you were looking for a fixer upper this is the time.

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Real Estate in a new St. Maarten / St. Martin after hurricane Irma

The Real Estate market has drastically changed in the aftermath of the hurricane. Some properties that were already on the market before the hurricane, are now still on the market, but some of the properties got damaged and the value of

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The Real Estate Market in St Maarten / St Martin after Hurricane Irma

The hurricane shook up the real estate market of St Maarten St Martin creating a momentum. A lots of transactions are taking place. 95 % of the real estate was effected by the storm. however the insurance companies are making payments the home owners. Reconstructions are long on the way.

The experience of 1995 hurricane Luis, aid the people of St Maarten, St Martin in reacting very well and p

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No. 1 Island in the Caribbean – Sint Maarten / Saint Martin

No. 1 Island in the Caribbean: Sint Maarten / Saint Martin 37 square miles island in the Caribbean, both a little Caribbean and a little European in atmosphere.

St. Maarten / St. Martin has the second busiest International airport in the Caribbean ( Juliana International Airport) after Puerto Rico and is easy to reach with daily direct flights from Paris, Amsterdam, New York, P

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Frequently Asked Questions about real estate in St Maarten / St Martin island

Frequently Asked Questions about Real Estate Buyers and Sellers St Maarten Dutch - St Martin French
FAQ Real Estate St Maarten St Martin Island SXM updated April 3rd 2023
Below we will provide a selection of some of the most commonly asked questions FAQ about real estate. For those who are curious as to what there is to do on the island of St. Maarten/

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Sell your property St Maarten / St Martin with St Maarten Investments

Sell your property SMI SXM
Call us today about selling your Real Estate in Sint Maarten / Saint Martin.
We have been in the Luxury Real Estate business since 1993 in St Maarten St Martin SXM
All our agents are multilingual, speaking French, English, Italian, Spanish, Russian and they all have minimum 10 years experience. We have 2 locations, Dutch side Simpson Bay Y

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