House With 2 Apartments For Sale In Saunders, Sint Maarten

A house with two separate apartments in Saunders, on the Dutch side: a two-bedroom main home plus two independent one-bedroom units, on a gated lot with a garden and parking. Four bedrooms and four bathrooms in total. Sold fully furnished. Asking price US$495,000. Listing ID 11076.

THE PROPERTY

The main house has two bedrooms and two bathrooms, a bright living room that opens into a spacious kitchen, and a wraparound veranda along the front and side. Each of the two apartments has its own bedroom, bathroom, kitchen, living area and terrace, so they can be let separately or used for family and guests. The lot has yard space front and back.

- Main house: 2 bedrooms, 2 bathrooms, wraparound covered veranda
- Two self-contained 1-bedroom apartments with their own kitchen and terrace
- 4 bedrooms and 4 bathrooms in total; built 2000
- Gated lot, assigned parking, tropical garden
- Sold fully furnished; no association fee

LIVING IN SAUNDERS

Saunders is a residential area on the Dutch side, a short drive from Philipsburg and the central Cay Hill district with its hospital, schools and supermarkets. It suits owners who want to live in one unit and rent the others, and investors looking for long-term tenants who work on the island.

OWNING AND RENTING

The listing’s rental estimate is US$37,000 to US$48,000 a year in gross income for the whole property. Treat it as a starting point: ask for current leases and rent receipts, and budget for insurance, maintenance and management. A house with several units can earn from one apartment while you use another. Andreu Realty manages rentals for owners at a 20% fee.

BUYING

The sale goes through a civil-law notary on the Dutch side, with buyer closing costs of about 5.5% of the price, including the 4% transfer tax: about US$27,200 here, as an estimate. Ask for a survey of the lot lines and check that each apartment has its own meters.