Local RE Market
St Martin residential real estate appeals to an international clientele and the market is consistent with 4-6 oceanfront sales each year. Tear-down type properties sell for $4-$6 million USD. Serious oceanfront estates command $15-$25 million. Hillside villas range from $2-$20 million. The typical pattern is for repeat Villa renters to become buyers, who in turn spread the story of St Martin to their circle of friends. Certainly an alternative use plan for the La Belle Creole property is a stand alone residential development. An interesting note, Chateau des Palmiers owned by President Trump, is listed for $17 million and rents for $6000 + per night.