The Residence

The Hills Residence

Simpson Bay - Sint Maarten

REAL ESTATE PROJECT IN SIMPSON BAY

The Hills Residence

The Hills Residence by FT Development is being be built alongside Welfare Road (Simpson Bay), on the Island of St. Maarten.
In addition to the 150 residential units, The Residence will offer a real village atmosphere thanks to its restaurants (2) and shops (20).
The fully equipped apartments will enjoy a view over Simpson Bay lagoon, and a large array of amenities such as gated security, roof top pool with solarium, covered parking.

SIMPSON BAY

Get to Know

Decades ago, the Simpson Bay Lagoon was fringed with white sand beaches, and the little settlement of Simpson Bay was home to the island’s fishermen.

The fishing still goes on, but Simpson Bay has changed into St. Maarten’s epicenter of tourism, with world-class marinas, countless restaurants, nightclubs, and bars. […]

ALL YOU NEED TO KNOW

The Hills Residence

The construction site will be launched in October 2021. The shops and building 1 should are planned to be delivered during the 2nd quarter 2023, the buildings 2 & 3 during the 2nd quarter 2024, and the building 4 during the 2nd quarter 2025.

The rate of return on investment is 10% gross per year.

Yes, we will offer a management service for seasonal rentals

Yes, the taxes on purchase are of 6%.

The condominium fees will be of $4 per sqm.

The Hills Residence

A VILLAGE ATMOSPHERE IN SIMPSON BAY

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Cool Number
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Commercial premises including two restaurants.
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Residential units with 1 or 2 bedrooms
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Commercial parking slots
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Roof tops, each with swimming pool and solarium.