1. Location Location Location, this of course is an international rule, this is why it is N 1There are differnt locations to choose from in St. Martin you just need to pick the right one. Of course beacfront is always the most desirable, especially when if you are looking at investment and you want to speculate or just rent weekly.
2. The Dutch side of the island does not have capital gaing tax for individual nor real estate tax, the French side as well as slong has this property becomes your primery residency, otherwise you have capital gaing tax, around 34% also has real estate tax however it is reasonable. For example a villa in the famous French Lowlands or Terres Basses with 2 houses and 2,5 acres of land pays in the region of 4000 to 5000 Euro per year.
3. Buying in St. Martin St. Maarten is pretty much like buying in France Spain or Italy, our Civil notary ( differnt from the public notary in the States) is repsonisble for transfering the title from the seller to buyer free and clear. The notary takes care of your title search and your title insurance, the porperty will not be transfrred unless is FREE and CLEAR.
This process on the French side takes about 90 days and closing cost 10.5% of the purchase price, on the Dutch side of the island Sint Maarten this process is a little faster and less expensive 5 to 6% and can take 1 week 2 weeks dipends on the arrangements made between parties.
We are a DUTY FREE island so if you buy a plot of land and decide to build your dream home you can import all the materials from your country, there will be no Duty.