Concord Residences : Condo De 2 Chambres Avec Vue Sur L'océan À Vendre À Pelican Key, Saint Martin

A new two-bedroom, two-bathroom condo at Concord Residence on the hillside of Pelican Key, with about 111 m² (1,200 sq ft) of living space and panoramic views of the Caribbean Sea. Offered at pre-construction pricing, semi-furnished. Asking price US$650,000. Listing ID 11060.

THE PROPERTY

The open-plan living and dining area runs to large sliding glass doors and a private balcony facing the sea. The elevated position on the hill keeps the view open. Finishes are contemporary, and the unit is delivered semi-furnished, ready for you to complete.

- 2 bedrooms and 2 bathrooms
- About 111 m² (1,200 sq ft)
- Private balcony with ocean views
- Underground parking
- New construction, completion 2026; offered semi-furnished

THE RESIDENCE

Concord Residence is a new gated development with a pool and pool deck, a fitness room, a rooftop terrace and security around the clock. Andreu Realty also lists a studio from US$340,000 and a two-bedroom penthouse at US$1,100,000 in the same building. Ask us for the construction schedule, the payment plan and the expected monthly fee before you make an offer.

THE NEIGHBORHOOD: PELICAN KEY

Pelican Key is a hillside neighborhood above Simpson Bay, with villas and condos looking over the bay, the lagoon and the sea. Kim Sha Beach and the small Pelican Key Beach are at the foot of the hill, with resort restaurants, a casino and a provisioning store. It is quieter than the Simpson Bay strip while staying a short drive from it.

OWNING AND RENTING

The listing’s rental estimate is US$50,000 to US$65,000 a year in gross income. As a new building it has no booking history yet, so treat the figure as a starting point and budget for the monthly fee, insurance, furnishing and management. 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. For an off-plan purchase, ask how deposits are protected and what happens if delivery slips.