3 one-bedroom apartments (A-8) gelegen in Tower Building van Rainbow Beach Club te Cupecoy (Sint Maarten)

Rhine Road 11

- Cupecoy (St. Maarten) (Sint Maarten)

Wooncomplex

This sale is organized via the website of Troostwijk Auctions.

Unique sale of 3 apartments combined in one sale. The apartments are located on the 2nd floor, in the building named Tower Building on the North side of the Rainbow Beach Club complex, on the main road (Rhine Road) of Cupecoy (St Maarten). According to the appraisal, the units consist of the following: Second floor level - Kitchen area / Livingroom / Sleeping area (bedroom) - Bathroom - Laundry - Two units have a common veranda (on the streetside) - Common elevator Site improvements - Parking under the building of the Tower and Tennis buildings - Swimming pools (3) - Steps leading down to private beach - Gate entry security at premises 24/7 - Tennis court - Landscape - Gazebo Discription The right of apartment, containing three one-bedroom units in question is located on the 3rd floor, in the building named Tower Building of the Rainbow Beach Club complex, on the ocean side of Cupecoy. The Rainbow Beach Club is a residential apartment complex with 5 different buildings with multiple levels. There are 3 buildings facing the ocean, Super, East and West. On the North-East, the Tower Building is located. In between the Tower and Super Buildings, the Tennis building is located. The area surrounding the buildings consists of 3 swimming pools, paved driveways, and walkways with landscaping. The surrounding buildings in the nearby vicinity are hotels, condominiums, The American University of the Caribbean School of Medicine, restaurants, bars, a casino, etc. Genaral discription The unit's construction consists of most likely concrete block work and concrete columns, ring beams and concrete ceiling. The floors are tiled with ceramic tiles. The walls are plastered and painted. Furthermore, the rest of the description assumes that the finishes are the same as the other apartment units in the same building. The walls in the bathrooms are fully tiled with ceramic tiles. There are no wall tiles in the kitchen. The cabinets in the kitchen have granite countertops and back splash. The cabinet drawers have soft-close system. The balcony has concrete balustrades. The unit has central air-conditioning. The windows and doors are aluminium. The utilities, water and electricity, for the units are shared (with other units). Buyer has a report including cost estimation on the process of separating utilities, ensuring that each unit obtains individual water and electricity connections from the utility company, GEBE. More information about this has been published in the Data Room. Valuation The value of this property was appraised in September 2023. Based on this appraisal, the market value of the property with all common facility is $ 405.000,-. The right of apartment, containing three one-bedroom units in question is located on the 3rd floor, in the building named Tower Building of the Rainbow Beach Club complex, on the ocean side of Cupecoy. The Rainbow Beach Club is a residential apartment complex with 5 different buildings with multiple levels. There are 3 buildings facing the ocean, Super, East and West. On the North-East, the Tower Building is located. In between the Tower and Super Buildings, the Tennis building is located. The area surrounding the buildings consists of 3 swimming pools, paved driveways, and walkways with landscaping. The surrounding buildings in the nearby vicinity are hotels, condominiums, The American University of the Caribbean School of Medicine, restaurants, bars, a casino, etc. Viewings It is possible to view this object by appointment. To make an appointment please send an email to psoons@bzselaw.com. It is Buyer’s obligation to gain advice or research (on own account) which fiscal (e.g. stamp duties, VAT), juridical and notarial costs apply on the sale and conveyance of the property, a real-estate venture and/or the administrative settlement regarding the sale. To be able to bid on this auction, you must register with Troostwijk Auctions. For questions about registration, please contact our real estate department. Send an email to realestate@troostwijkauctions.com or by telephone on +31(0)33 – 808 0262 (during office hours between 09:00 and 17:00h).