Boardwalk in Philisburg - Housing & commercial complex for s - 4U Real Estate
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Boardwalk in Philisburg – Housing & commercial complex for s

Sint Maarten
2 500 000 $

Description

Do you want to invest on the Boardwalk in Sint Maarten in the Philipsburg district? We have found the investment you were looking for!
We are delighted to offer you a beachfront property complex for commercial and residential use. This beachfront building consists of a restaurant that can exploit 120 square meters (or 1830 square feet) of beach, an office and two apartments. First we will present the commercial part of this building, in a second we will present two magnificent apartments with their feet in the sand with a breathtaking view, to conclude we will present the characteristics of the construction and the equipment of this real estate complex. located on Boardwalk from Philispsburg to Sint Maarten.1/ Commercial part of the building.Restaurant on the Boardwalk in Philipsburg.
In this real estate complex available for sale you will find a commercial space on the ground floor of 140 square meters (1507 square feet) interior including a kitchen fitted and equipped with quality equipment, toilets accessible to people with reduced mobility, a spacious bar, an interior space for lunch. That's not all, the restaurant can operate a part of the beach right in front of an area of 120 square meters (or 1830 square feet)! Not to mention, the Philipsburg Boardwalk sees hundreds of thousands of visitors every year, which provides a wide walkway in front of the restaurant and allows for huge numbers of potential customers.
This commercial space is currently leased at $5,000 per month to a company that is harnessing the potential of the Boardwalk in Philipsburg.

Office in Philipsburg.
On the first floor of this building, you will find an office of 36 meters (or 387 square feet) with bathroom, this unit has terrace access. If you wish, development work can allow you to transform this office into a studio for seasonal rental.
The real estate agency 4U Real Estate estimates that this office can be rented for $600 per month. If it is converted into a studio for a long term rental, we estimate that you can rent it for $800 per month, and for a seasonal rental, we estimate that you will be able to obtain around $1300 per month.2/ Duplex apartment on the beach with sea view.The two apartments we offer for sale have been carefully designed! Each apartment has a fully equipped kitchen (induction hob, extractor hood, dishwasher, oven, microwave, fridge with freezer), you will also find a washer-dryer combo, fast internet connection, electric fans and quality furniture.The two beach apartments are regularly rented on a short term basis, with an excellent annual occupancy rate. These two apartments can bring between $2,000 and $2,500 per month.
Apartment no. 1
Apartment no. 1 consists of a living room with lounge, balcony, bathroom, all spread over an area of 66 square meters (710 square feet).
Apartment no. 2
Apartment no. 2 consists of a living room with lounge, balcony, bathroom, all spread over an area of 64.5 square meters (695 square feet).
  
3/ Characteristic of construction and equipment of the real estate complex.Construction characteristics of this real estate complex in Philipsburg (Sint Maarten):
- The foundations of this set of dwellings consist of a mat slab 40 cm thick above a base of compacted soil with a Proctor density modified to 95%;- A 1.20 m high foundation beam is placed around the building to avoid wave action in the event of bad weather, storms or cyclones;- The structure of the building consists mainly of columns, beams and reinforced concrete walls which makes it a very solid building;- The slabs of the first and second floors are made of reinforced concrete 18 cm thick. The roof consists of a wooden structure (yellow pine), Tl-11, waterproof layer and roof sheets;- The structure was designed according to the international building code 2006 and ACI 318 (building code requirement for reinforced concrete).
Equipment of this real estate complex in Philipsburg (Sint Maarten):
- a septic tank (separate hydraulic system f

Summary

  • Type Commerce
  • Area 430 m²
  • Price 2 500 000€

Details

  • Reference 2022-18
  • Price 2 500 000 $
4u Real Estate

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