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All  >   Netherland Antilles  >   Simpson Bay   >   Ad:  For Sale in Simpson Bay

property Buy a St. Martin Vacation Rental - real estate - Netherland Antilles

Buy a St. Martin Vacation Rental
Villa
For Sale
Simpson Bay
Netherland Antilles
USD 795000

09/11/2008
Free Ad

Purchase a turn-key ocean front vacation property at --La Siesta Residence--located directly on Simpson Bay. A small complex of 13 luxury condominiums (all ocean front) with a shared ocean front pool. Earn rental income year-round on days when you’re not there. Manage your own rental reservations, or pay us a fee, and we’ll do it for you. Sea Place Villa Built 2006 (1 of 3 units) 2 bedrooms + 2 baths (1400 square feet) Price: $795,000 USD 2008 Rental Income YTD: $65K+ 2009 Rental Income already reserved with deposits $30K+ Annual Condo Maintenance Fee (includes insurance on building) $8,800 Annual Operating Expense (electric, cable, Internet, phone, housekeeping, repairs, advertising, manager) $18,400 Taxes: None Established webpage Sea Belle Villa Built 2007 (1 of 10 units) 1 bedroom + 1 bath (1100 square feet) Price: $525,000 USD 2008 Rental Income YTD: $37K+ 2009 Rental Income already reserved with deposits $20K+ Annual Condo Maintenance Fee (includes insurance on building) $6,800 Annual Operating Expense (electric, cable, Internet, phone, housekeeping, repairs, advertising, manager) $16,000 Taxes: None Established webpage Purchase comes with a built-in discount. Get a check at closing for all paid upcoming rentals. Email lasiestaresidence for more information or to arrange a tour



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