Ocean Blue Residence Unit 502 : Penthouse De 2 Chambres Avec Vue Sur La Mer À Vendre À Cupecoy, Saint Martin

Unit 502 is a two-bedroom penthouse on the fifth level of Ocean Blue Residence, a new building going up on the former Blue Mall site in Cupecoy. About 186 m² (2,000 sq ft) including a large private terrace, with sea views. Delivery is expected in 2027. Price US$1,190,272. Listing ID 11196.

THE PROPERTY

The open-plan living room and kitchen lead onto the terrace, which is the unit’s main asset: a top-floor outdoor room facing the sea. The two bedrooms have built-in closets and en-suite bathrooms, and there is a third bathroom for guests. The unit is sold semi-furnished.

- About 186 m² (2,000 sq ft) in total, interior plus terrace, on the fifth level
- Two en-suite bedrooms, three bathrooms, central air-conditioning, ceramic tile floors
- Concrete construction with hurricane-impact windows, backup generator and alarm system
- Assigned parking in the underground garage, elevator access

THE RESIDENCE

Ocean Blue Residence is a gated building with a 24/7 security guard and cameras, an infinity pool and pool deck, a gym, landscaped grounds and an on-site restaurant or café. It stands a few minutes from Mullet Bay Beach and the golf course. Condo fees have not been set yet; ask us for the developer’s estimate and what it is expected to cover.

THE NEIGHBORHOOD: CUPECOY

Cupecoy sits at the western tip of the Dutch side, at the French border, where sandstone cliffs and sea caves drop to a small beach. Most homes are condos in gated residences and in the Porto Cupecoy marina village, which has a supermarket, restaurants and yacht berths on the lagoon. Mullet Bay Beach and the island’s only golf course are next door; Maho’s restaurants, casino and nightlife, and the airport, are a few minutes away. A medical school and an international school give the area a year-round community.

OWNING AND RENTING IT

Our estimate of gross rental income once the building is delivered is US$75,000 to US$95,000 a year. It is an estimate for a building that is not yet open, so treat it with care: compare it with finished buildings nearby, and deduct fees, insurance, utilities and management. Andreu Realty manages rentals for a 20% fee. Confirm the residence’s rental rules before you commit.

BUYING OFF-PLAN IN CUPECOY

Cupecoy is on the Dutch side. Foreign buyers purchase freely, in their own name or through a company, and a civil-law notary handles the transfer. Transfer tax is 4%, paid by the buyer, and total closing costs commonly come to about 5.5% of the price. For a new build, also check the payment schedule, the completion date, the guarantees and what happens if delivery is late. Our buyer guide on [hidden information] explains each step.