Le Diamant Blanc: Apartment Building For Sale In Oyster Pond, Sint Maarten

Le Diamant Blanc is a renovated four-level apartment building in Oyster Pond, on the east coast of the Dutch side, with 11 furnished units: four studios, two one-bedroom apartments, four two-bedroom apartments and a penthouse. Pool, sun deck and rooftop terrace. Asking price US$3,800,000. Listing ID 11013.

THE PROPERTY

Every unit is finished and furnished, ready for short stays or long leases. The mix of studios, one- and two-bedroom apartments and a penthouse lets an owner reach different renters at the same time, or run the building as a small boutique rental. Guests share a pool, a sun deck, terraces and rooftop space.

- 11 units: 4 studios, 2 one-bedroom, 4 two-bedroom, 1 penthouse
- Four levels; renovated; year in the listing data: 2022
- Pool, sun deck, terraces and rooftop terrace
- Gated access, camera surveillance, security guard, alarm system, hurricane shutters
- Assigned parking; sold fully furnished; no association fee

THE NEIGHBORHOOD: OYSTER POND

Oyster Pond is a sheltered lagoon on the island’s east coast, ringed by green hills, with the Dutch–French border running through the water. On the Dutch side, Dawn Beach is 1.4 kilometres of white sand with a coral reef just offshore, backed by resorts and low-density residences on the hillsides. Philipsburg is about ten minutes west and Orient Bay ten minutes north.

OWNING AND RENTING

The listing’s rental estimate is US$340,000 to US$440,000 a year in gross income for the whole building. Before you rely on it, ask for the rent roll, the occupancy by unit over the last twelve months and the operating costs: staff, cleaning, utilities, insurance, maintenance and booking fees. 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 a building, also check the permits for each unit, any business licence the rental operation needs, and the condition of the roof and systems.