1. What language do they Speak in Dutch St. Maarten?
Most people in St. Maarten are fluent in English and many speak Dutch, French and Spanish. All real estate closings take place in English.
2. Is there a hotel and other facilities coming to Indigo Bay?
Indigo Bay was conceived, designed and developed to be upscale green residential and resort community. In addition to our residential offerings, the Indigo Bay community is zoned for hotel, recreation, and light offices.
3. How is the security at Indigo Bay?
St. Maarten is one of the safest island’s in the Caribbean. At Indigo Bay we have the unique privilege of having a single entrance and exit. Vehicular circulation is controlled by a guard house with 24-hour lighting, security cameras, and cellular communications.
4. Can I buy a property at Indigo Bay, even if I am not a resident?
Yes. Buying property at Indigo Bay is easier than you think. You do not need to be a resident or be present at the time of closing. A local notary is responsible for the closing of the transaction on your behalf.
5. Can I build my own home at Indigo Bay?
Yes, building a home in St. Maarten can be a very rewarding and value enriching experience. When building your next home, you will have the support of local building regulations as well as the Indigo Bay Architectural Guidelines. We can suggest a great group of architects and engineers that help you realize your dream.
6. What is a long term land Lease?
Like in many other places in the world, real estate is primarily transferred by long term land lease. The holder of a long term land lease is allowed to use the real estate exactly as if he/she is the owner. At Indigo Bay, the land lease will expire in the year 2139. To put this all in perspective, if you are 50 years old today, the lease will expire when you are 168 years.
7. How is the resale market at Indigo Bay?
Indigo Bay is one of the premier residential and resort community in St. Maarten. The homogenous, durable, and modern construction of Indigo Bay, provides for a strong platform for long term appreciation and stability. Indigo Bay’s real estate values are further protected by our resident Foundations or HOAs.
8. If we want financing, is it available?
Yes, there are several local financial institutions that will lend up to 50% for land or 65% for existing properties (resident buyers can borrow even more).
9. Are Short Term Rentals Allowed Indigo Bay?
Yes, Indigo Bay is a Airbnb friendly community.
10. What are the capital gains taxes when I sell my property in St. Maarten?
There are no capital gains taxes on Dutch St. Maarten. 🙂