Multifamily home + Rental Income – Cole Bay
$895,000
BUY
Located in the serene hillside neighborhood of Diamond Hill, Cole Bay, this two-level multifamily investment property offers excellent income potential and flexible living arrangements. Built 2015, it features a spacious main level, two fully finished rental apartments, and a basement with space to develop two additional apartments, making it a smart opportunity for investors or extended families.
The main level consists of a bright 3-bedroom home with two large balconies totaling 68 m², open living and dining areas, ceramic tile flooring, and split-unit air conditioning. The lower level includes two independent 2-bedroom apartments, each with private entrances and balconies. The basement level provides additional space that can easily be converted into two more rental units or storage, adding further value and versatility.
The Neighborhood
Diamond Hill is one of the most desirable residential areas in Cole Bay, offering a perfect mix of peaceful hillside living and easy access to island conveniences. Elevated above the bustle of Simpson Bay, the neighborhood enjoys cool breezes, panoramic views of the lagoon and hills, and a calm, family-friendly atmosphere.
Residents benefit from the neighborhood’s central location—just minutes from Simpson Bay’s beaches, restaurants, supermarkets, marinas, and nightlife, as well as Princess Juliana International Airport and the French border. The area is known for its spacious properties, privacy, and scenic surroundings, making it ideal for families, professionals, or investors seeking a balance between tranquility and accessibility.
Diamond Hill combines island serenity with everyday convenience, representing one of the best residential and investment opportunities on the Dutch side of St. Maarten.
Multifamily home + Rental Income – Cole Bay
Floor:
2
Rooms:
7
Baths:
5.1
SQFT:
5625.83
Price:
$895,000
More Information:
Neighborhood:
Cole Bay, St. Maarten
Full Address:
Diamond Hill, Cole Bay, St. Maarten
Amenities:
Two levels + basement
3-bedroom main residence
Two 2-bedroom apartments
5.1 bathrooms total
Split-unit air conditioning
Two large balconies (68 m² total)
Expansive private backyard
Painted concrete roof
Hillside and lagoon views
Parking
No HOA fees
Quiet residential neighborhood
Property Features
Property Type
Multifamily
Year Built
2015
Cooling Type
Split units
Flooring
Ceramic tiles
Property Type
Multifamily
Garage
No
Parking Space
5
Pool
No
View
Hillside view
Association Fee
None
Appliances
Unfurnished
Architectural Style
Caribbean
Exterior Features
Yard, balcony, terrace
Inquire about this property
Buying or Renting in SXM
When it comes to buying or renting real estate in St. Maarten and St Martin, Andreu Realty offers a secure and reliable experience.
0%
Property Tax
Maximize your investment potential with zero property tax in St Maarten.
0%
CapitalGains Tax
Sint Maarten offers zero capital gains tax, allowing you to keep 100% of your property appreciation when you sell.
4%
Property Transfer Tax
Secure your Caribbean dream home with just a 4% transfer tax on the Dutch side – significantly lower than most international markets.
1.5%
Notary Fees
Complete your property purchase with confidence – notary fees on the Dutch side are just 1.5%, ensuring a smooth and cost-effective closing process for your Caribbean investment.
2 Months
Security Deposit for Rentals
Protect your investment with peace of mind – our 2-month security deposit requirement ensures your property is safeguarded while generating reliable rental income.
Why Choose Andreu Realty?
Experience a seamless property transaction with Andreu Realty in St. Maarten & St Martin
Complimentary Services
Whether you're buying or renting, our services are free for you.
Around-the-Clock Availability
We are here for you 24/7.
Multilingual Support
We speak 7 languages, ensuring clear and effective communication.
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