3 minute read
Century 21
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The Sint Maarten Real Estate market is currently experiencing an explosion of buyers looking impatiently to invest and or purchase a home or business location. The covid -19 pandemic has motivated residents and investors to secure comfortable living accommodations and financial income sources.
Investors are very much on the lookout for opportunities to purchase new passive income properties to diversify their income portfolios.
Trending investment are currently between $300-500,000 US dollars and this mainly residential homes and income properties.
WHY INVEST IN REAL ESTATE
» MAINTAINS VALUE
Real Estate investment maintain value. Done right it is one of the safest investments one can make because property rarely goes down in value but actually appreciates currently at a 3% rate every year. Trending locations appreciates on an average 6%, double the amount. » PASSIVE INCOME OPPORTUNITIES
Investing in Real Estate can be a way to diversify your income sources or become your direct source of income. If you buy
Real Estate in central locations, you can collect high rent and live of that income for the rest of your life. » ATTAINABLE FUNDING
Banks and private investors can help get you started with your personal Real Estate investment. If you have a stable job and a little savings, you can qualify for a property mortgage. Also, if you find a good deal (undervalue property) on the market you can approach an investor to finance your purchase.
» IT IS A TANGIBLE ASSET
Unlike stocks Real Estate is a tangible asset. Less risky and easy to liquidate by either selling, getting a mortgage on it, or even refinancing your existing mortgage at a lower interest rate.
» DIVERSIFY YOUR INCOME
Most millionaires if not all, diversify their income sources in an effort to secure income from other investments as
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safety in case their main income fails and to increase wealth by multiplication. In Real Estate you can invest in different kinds of properties. • Single family Homes • Apartment buildings • Vacation rentals • Commercial properties and so on ...
3 REASONS TO INVEST IN REAL ESTATE ON SINT MAARTEN
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Sint Maarten is a great location to invest because there is no capital gains tax here and property value is pretty stable due to low inventory and high demand this keeps your real estate investment at high value. There are no restrictions on ownership of private property by nonresidents. There is no need to hire a lawyer since the notary handles all legal matters. Notaries are appointed by the Dutch government and are mandated by law to serve both parties.
Sint Maarten is a slower paced relaxed lifestyle Island, known as vacationer Paradise. Full of sun, fun and relaxation. It is a great place to live or vacation. Owning Real Estate on Sint Maarten is a secure profitable investment that not only will bring you happiness but secure financial income.
BUYING PROPERTY FEE’S
The local Sint Maarten currency is ANG Guilders. 1.79 ANG = 1.00 US dollar (US dollars are commonly used along with local currency) • Transfer tax – 4% payed by buyer • Notary fee’s – 1-2 % payed by buyer • Registration Fee Fl. 5.00 per document paid by buyer
As a Real Estate specialist, I help clients find and purchase or sell Real Estate property. Real Estate Investment creates wealth and financial security. Let me help you create wealth today!
