Vie L’ven Pinel Junior Suite Indigo Bay Beach Condo For Sale Indigo Bay · Sint Maarten MLS# 1154361 Condo For Sale
Property Details
- SXA 801
- Locality Indigo Bay
- Country Sint Maarten
- Category Condos/Apartments
- View Beach Front
- Beds 1
- Baths 1
- L.Space 670 ft²
- Land 670 ft²
- Class Residential
Features and Amenities
- Parking - Spots
- Ample Parking
- Security
- 24-Hour Security
- Beach Access
- Private Beach Access
- Yard / Landscaping
- Garden
- Terrace
- Swimming Pool
- On-Site Pool
- Infinity Pool
- Gym/Fitness Center
- On-Site Gym
- Distinctive Features
- Sauna
- Balcony
- Location Features
- Water front
- Available Services
- Generator
- Concierge
- Bathroom
- Ensuite Bathroom
Property Remarks
Vie L’Ven (VLV) Indigo Bay Pinel Junior Suite Condo For Sale Vie L’Ven (VLV SXM) ultra-luxury 1-bedroom beachfront condo with highest return on investment for sale in Indigo Bay, St Maarten. You should buy all the Pinel Junior Suites at VLV St Maarten; simply based on the Return on Investment. Pinel Junior Suite 1 bedroom condo for sale. 670 square feet of interior space with 1 bedrooms and 1 bathrooms plus outdoor terrace. Premium condo for sale with furniture, fixtures, and equipment (FF&P) available at additional cost. Return on investment: $ 74,876 per year (see below for calculations) Annual Owner Return: 8.9%. Offering you unrivaled Caribbean experience with prestige and luxury amenities within steps from your condo. Access to the incredible five star amenities is key to living at VLV SXM. Offering 0% Property Tax, 0% Capital Gains Tax, $ 74,876 return on investment every year and the benefits of Indigo Bay beach!! It’s a simple decision! Call Ritika on +17215261819 or WhatsApp now. We have the full range of properties for sale at Vie L’Ven (VLV). Ultra-exclusive, beachfront with super private access to the beach for your complete isolation and peace. Ideally located in Indigo Bay, Vie L’Ven is a premium hotel resort with condo residences for sale in the Caribbean with luxury that has never been seen before. Vie L’Ven (VLV condos) will occupy the entire beach in front of Indigo Bay, one of the most beautiful idyllic spots on St Maarten, with a plethora of world-class facilities to enjoy the natural beauty. 8.9% Return on Investment Example – Pinel Junior Suite 1 Bedroom Condo Condo Purchase Price Total Purchase Price: $ 825,000 Condo Price: $ 750,000 FF&E (Furniture) Package: $ 75,000 Price per Square Foot: $ 1,231 Installment Schedule for VLV Signing – 1st Deposit: 9.85% = $ 81,235 Land Closing – 2nd Deposit: 28.64% = $ 236,250 Concrete Structure – 3rd Deposit: 17.73% = $ 146,250 Substantial Completion – 4th Deposit: 37.88% = $ 312,515 Handover of Condo To You – 5th Deposit: 5.91% = $ 48,750 After Hotel Opening: Annual Owner Return of $ 74,876 from your Pinel 1-bedroom condo at VLV Operating Terms and Assumptions for VLV ADR (Average Daily Rate) of $ 969 and Occupancy levels of 78% per year! Estimated Yearly Net Revenue: $ 74,876 Owner Usage limit: 8 weeks per year HOA Fees: $ 27 per square foot per year Facility Fees: $ 2 per square foot per year Unit Utilities: $ 3 per square foot per year Expense Share: 15% of owner revenue Revenue Split: 50/50 with operator VLV Home Owners Association Includes Complete building maintenance, landscaping, & replacement reserves Land lease and master foundation maintenance fees Property, liability, contents, & business interruption insurance Administrative expenses Management fees Telephone, satellite, internet Resort security Access to fitness & spa facilities, pool, beach, resort grounds, conservation areas & public areas Resort grounds maintenance, garbage collection & landscaping Valet parking Use of golf carts Airport transfers Note: Based on stabilized ADR & occupancy in Year 5 post-hotel opening, after payment of land transfer tax, closing fees, FF&E, HOA, utilities & facility fees & expense cost sharing, with a 50/50 revenue split with hotel operator, and a 60-day owner usage. Returns assume purchase is completed in cash.) Indigo Bay Hotel And Condo Developer Vie L’Ven is a Altree development in SXM due to start in 2024. Altree is one of Toronto’s premier condominium development company. It is already in its third generation having transformed the entire Toronto Skyline with landmark projects in the City of Toronto. Bringing this experience to St Maarten is part of the legacy. Vie LVen (VLV) World class is a level of luxury synonymous with Vie LVen. Set on miles of pristine beach front, tucked into a conservation area – as the epitome of an oasis for pleasure, the resort experiences indulge its guests in both ambiance and experiences. Inspired by a quality of life, amenities include three-pools, boat access, gourmet restaurants, beachfront watersports, a world-class thermal spa, 24-hour concierge, pool bar, fitness centre, multiple pools, and a kids and teen club and many more. Additionally, the Vie L’Ven condo hotel development is expected to feature large water ponds and greenery areas in keeping with its eco-centric vision, as well as an extensive public parking area for public beach access to Indigo Bay. Once completed, the proposed world-class hotel development will be managed by an internationally-recognized Vie L’Ven management conmpany, which will lend itself to greater global recognition, the release said.
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