PRESS RELEASE - 2008
New condo hotel planned for St Maarten St. Maarten's Barbaron Luxurious Residences now under construction PRESS RELEASE - 2008
St. Maarten, Netherlands Antilles (January 22, 2008) - The real estate market on St. Maarten is going strong as is evidenced with the mushrooming of construction sites. One site in particular that is topping all is the now under construction Barbaron Luxurious Residences. It's a gigantic undertaking. The excavation activity is bustling, the 10 acre site is trampled with trucks loading the dirt away.
Barbaron s a much anticipated project as it is all beach front and will set the standard of luxury living on this Caribbean island.
Rather novel too is that this development will be a condo hotel concept. It's a concept that existed since the 70's but is now coming up again all over the world in very successful developments.
The principle is simple: you buy a condo for either your vacation home or investment, you own it 100%, you come and go at your leisure, and when you don't use your condo, you have the hotel management rent it out for you making a nice return on your investment.
You don't have to worry about maintaining your property, and also, you enjoy all the amenities of a 5-star resort, this all for just buying a condo.
Talking about a worthwile investment: The Barbaron Luxurious residences are being sold in pre-construction with prices that will be raised a 10 to 15% two more times until the project will be delivered. Besides this, the real estate property value on St. Maarten has been appreciating 15% by itself, year after year.
The units are very spacious: a one bedroom condo apartment is 1,413 square feet all the way up to 8,588 square feet for the most opulent beach front penthouse.
167 units are being offered from US$ 363,000 up to US$ 3,5 million. These homes will offer panoramic ocean views, privacy, plenty room. Interiors boast spacious bedrooms, gourmet kitchen with stone counter tops and all 2 bedroom units and up have an additional guest room. Homeowners and guests will enjoy the beach pools state-of-the-art fitness center, spa treatments 24-hour gated security, elevators. There will also be a casino, 2 restaurants, nightclub, mini-mart & convention center. Exquisitely designed by Italian architect and designers.
The Barbaron development is situated in Belair on the Dutch side of St. Maarten, in close proximity to it's capital Philipsburg.
St. Maarten is a 37-square mile island with two nations (French & Dutch). All the languages are spoken, cuisine is outstanding, US dollar is the unofficial currency. Not for nothing called "The Friendly Island." Be prepared to get the island bug- once you've visited St. Maarten you'll never want to leave, which explains why the real estate sales are doing so well.
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