looking to buy property on st maarten?

We can tell you everything you need to know

create your vacation Home destiny

everything you need to know before buying in st maarten

What can I buy for 200k?

200k is where the market begins here on St Maarten. There are student apartments in Cupecoy as well as some apartments on the French side that sell for under 200k, but these go very quickly. We also have land, but most flat land on the island starts above 200k, depending on the area.

Can non-residents buy property on st maarten?

Yes! You do not need to be a resident to buy property on the Dutch side or the French side of St Maarten/St. Martin. Many property owners on St Maarten are from elsewhere as owning property on St Maarten offers many benefits for owners. Furthermore, on the Dutch side of the island there are no property taxes and no capital gains taxes.

What are the associated costs when buying a property in st maarten?

The closing costs are about 6% of the purchase price of the property, so make sure you factor this into your budet. There is a 4% transfer tax and notarial fees are typically 1-2% of the purchase price.

Some helpful
advice

01.

get to know the market

There is no MLS on St Maarten, no matter what anyone tells you. There is no commercial central listing service such as Zillow or Funda. A knowledgeable real estate professional can help you get to know the St Maarten market, and find the property you are looking for.

02.

manage your expectations

St Maarten is a very small island with a healthy tourist economy. This is a desirable place for many people to live both full-time and part-time. Therefore, land as well as inventory, can be limited. Home prices range from 500k for a luxury 1-bedroom condo to upwards of $5 million for a breathtaking villa on the beach.

03.

know what you're buying

Appraisals can be a helpful tool to determine the property value of the home. When financing a property, a recent appraisal (less than 6 months old) from an approved appraiser is required by the notary.

04.

Financing is possible

Both residents and non-residents can qualify for a mortgage at local banks. Typically residents need to be put in at least 10% of the purchase price as a down payment, while non-residents need to put down 30 - 50%. Mortgage rates can vary, but typically hover around 6%.

05.

Rest Assured

Almost all real estate transactions must go through the government appointed notaries on both sides of the island. This ensures a safe transaction for both buyers and sellers. St Maarten's strong economy and resilience make buying property on St Maarten a safe investment.

fulfill your dream of living in the caribbean

It can feel like a dream, but together we can make it a reality. Are you interested in learning more about buying a property in St Maarten? Feel free to reach out for more information.