A fully furnished, turnkey studio on the seventh floor of Sapphire Beach Club, the beachfront residence on Rhine Road in Cupecoy. The open-plan living and sleeping area runs to a private balcony over the Caribbean Sea, with the sunset in front of you every evening. The monthly association fee includes electricity, water, internet and insurance, so the cost of ownership is simple and predictable. Asking price US$345,000.
Bright open-plan interior with a king bed, mirrored closets, a seating area, a desk and a kitchen with island and full appliances. Marble bathroom with bathtub. Sliding doors open onto the ocean-view balcony. Renovated in 2020.
Sapphire Beach Club is a beachfront residence with security around the clock, a reception, a heated pool with a large pool deck, a beach club with direct access to Cupecoy Beach, a fitness room, a marina, an on-site restaurant and on-site management. Monthly association fee: US$426, including electricity, water, internet and building insurance. Freehold.
Cupecoy is the western tip of the Dutch side, beside the French border. From Sapphire Beach Club you walk down to the beach, and Mullet Bay Beach, Porto Cupecoy, Maho Village with its restaurants and casinos, the golf course and Princess Juliana International Airport are all a few minutes away by car.
Short-term rentals are allowed. The studio is currently rented on Airbnb, and the owner’s recent earnings statements are available on request. With electricity, water and internet included in the association fee, the operating costs of a vacation rental stay fixed.
Dutch side: foreign buyers purchase freely. Transfer tax 4% paid by the buyer; total closing costs about 5.5%; closing in 30 to 60 days. The buyer’s deposit, typically 10%, is held by the notary. Buyers abroad can view by video call and sign at the notary by power of attorney.
A first Caribbean purchase or an investor who wants an oceanfront rental with low, predictable running costs, in a resort with hotel-style services.
Ask SXM Dream Investments for the association documents, the rental history and a viewing, in person or by video call.