$3,500,000

Blue Palm Development Land With Building Permit

  • 122,946 Sqft
  • Updated: August 7
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About the Property

This prime piece of real estate for sale in Simpson Bay, St. Maarten, is perched on a scenic hill, offering panoramic views of the vibrant bay and surrounding areas. Priced at $3.5 million, the lot comes with full permits for the development of 46 high-end apartments, making it a lucrative investment opportunity for developers or investors looking to capitalize on the high demand for upscale livin
This prime piece of real estate for sale in Simpson Bay, St. Maarten, is perched on a scenic hill, offering panoramic views of the vibrant bay and surrounding areas. Priced at $3.5 million, the lot comes with full permits for the development of 46 high-end apartments, making it a lucrative investment opportunity for developers or investors looking to capitalize on the high demand for upscale living in this tropical paradise.
This rare lot with 11,422 m2 in an elevated location provides breathtaking vistas, combining the serene beauty of the Caribbean Sea with the bustling marina below. It offers easy access to Simpson Bay’s attractions, including restaurants, shops, beaches, and nightlife, while maintaining an air of privacy and exclusivity thanks to its hillside position.

The existing permits allow for a well-planned residential complex, offering developers a huge head start in creating a high-end property. The lot’s size and design flexibility make it ideal for a modern apartment development catering to luxury buyers or vacation rentals. With the growing popularity of St. Maarten as a tourism and lifestyle destination, this property presents an excellent opportunity for future returns

Please contact us for more information.
  • Property type

    Land

  • Price/sqft

    $28

Features

  • Panoramic / Scenic View
  • Privacy
  • Investment Property

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Philipsburg, Sint Maarten View on Google Maps
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Sunshine Properties

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Sunshine Properties
Sint Maarten (Dutch part)
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88
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2022
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Sunshine Properties
Cole Bay, Sint Maarten (Dutch part)
View agency profile
Last updated
August 7
First listed
Sep 27, 2024
Listing reference
11113
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