NOTARY OFFICE SPS
Henry Parisius LL.M.
Civil Law Notary

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(+599) 542-2339
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(+599)544-2339

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 PUBLIC AUCTION

AUCTION DATE: Wednesday September 15th, 2010

TIME:  10:00am

PLACE: Pasanggrahan Beach Hotel, Front Street, Philipsburg, Sint Maarten

On Wednesday September 15th, 2010 at 10 AM, at the Pasanggrahan Beach Hotel, Front Street, Philipsburg, Sint Maarten, Mr. Henry Parisius, civil law notary on Sint Maarten, shall proceed with the public sale ex article 3:268 of the Civil Code of the Netherlands Antilles of the hereinafter mentioned immovable properties:

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Immovable Property # 1:

A. the right of long lease until January twenty-sixth two thousand and fifty (January 26, 2050) on:
a parcel of land with an area of Eight Hundred Square Meters (800M2), situated in the district of Simpsonbay, on the Island of Sint Maarten, known as lot 8, described in Certificate of Admeasurement number 388 of nineteenhundred and eighty-nine (388/1989), with thereon standing building and all appurtenances belonging thereto; and

B.  the right of long lease until January twenty-sixth, two thousand and fifty (January 26, 2050) on:
a parcel of land, having an area of Six Hundred and Fourteen Square Meters (614M2), situated in the Simpsonbay Lagoon, on the Island of Sint Maarten, further described in Certificate of Admeasurement number 281 of two thousand and five (281/2005); forming an extension to the parcel of land above, described in Certificate of Admeasurement number 388 of two thousand and five (388/1989);
Reserve Price: US$6,000,000.00.

Details and Pictures    Auction cost for Item     Special Conditions

Map Location,       Google Earth Pointer (Google Earth needs to be installed on your Computer)

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Immovable Property # 2:

The right of long lease until March twenty-first, two thousand and thirty-two (March 21, 2032), on a parcel of land with an area of two thousand and thirty-two square meters (2032M2), situated in the district of Upper Princes Quarter, on the Island of Sint Maarten, known as lot 20 of Block B at Point Blanche, described in Certificate of Admeasurement number 179 of nineteen hundred and seventy (179/1970); with thereon standing dwelling house and all appurtenances belonging thereto;
Reserve Price: US$900,000.00.

Details and Pictures        Auction cost for Item      Special Conditions

Map Location,       Google Earth Pointer (Google Earth needs to be installed on your Computer)

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Immovable Property # 3:

a parcel of land having an area of SIX HUNDRED AND SEVENTY SQUARE METERS (670M2), situated in the district of Lower Princes Quarter, known as Madam’s Estate, further described in certificate of admeasurement number 119 of nineteen hundred and seventy-four (119/1974), with the thereonstanding dwellinghouse and all appurtenances belonging thereto;
Reserve Price: US$375,000

 Details and Pictures     Auction cost for Item       Special Conditions

Map Location      Google Earth Pointer (Google Earth needs to be installed on your Computer)

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Immovable Property # 4:

a parcel of land situated on the Island of Sint Maarten, in the district of Cul de Sac, having an area of SIX HUNDRED AND TEN SQUARE METERS (610M2), further described in certificate of admeasurement number 25 of nineteenhundred and sixty (25/1960), with the thereonstanding dwellinghouse and all appurtenances belonging thereto;
Reserve Price: US$ 98,000.00

Details and Pictures       Auction cost for Item      Special Conditions

Map Location      Google Earth Pointer (Google Earth needs to be installed on your Computer)

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Immovable Property # 5:

a parcel of land having an area of five hundred twenty nine square meters (529 M2), situated in the district of Lower Princes Quarter on the Island of Sint Maarten, known as lot 50B of the Union Farm Development Plotplan, described further in certificate of admeasurement 251 of nineteen hundred ninety one (251/1991), with the thereonstanding dwellinghouse and all appurtenances belonging thereto, locally known as Monte Video Drive 52;
Reserve Price: US$ 240,000.00

Details and Pictures       Auction cost for Item

Map Location      Google Earth Pointer (Google Earth needs to be installed on your Computer)

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Immovable Property # 6:

A. the right of apartment, including the right of exclusive use of a commercial unit on the first floor, consisting of one commercial space and one bathroom and one balcony, cadastrally described as follows: Complex indication: Certificate of Admeasurement number 440A of nineteenhundred and ninety, Apartment index: 18; with the forty-four/one thousand and third (44/1003) part of the common property consisting of the building, the subsoil and the surrounding grounds, on Sint Maarten, in the district of Simpson Bay, at the time of the division cadastrally known as Certificate of Admeasurement number 403 of nineteenhundred and ninety (403/1990), locally known as Simpson Bay Yacht Club, Plaza del Lago Commercial Center II, unit 46;

B. the right of apartment, including the right of exclusive use of a commercial unit on the first floor, consisting of one commercial space and one bathroom, cadastrally described as:
Complex indication: Certificate of Admeasurement number 440A of nineteenhundred and ninety(440A/1990) apartment index: 17; and with the thirty-nine/one thousand and third (39/1003) part of the common property consisting of the building, the subsoil and the surrounding grounds, on Sint Maarten, in the district of Simpson Bay, at the time of the division cadastrally known as Certificate of Admeasurement number 403 of nineteenhundred and ninety (403/1990), locally known as Simpson Bay Yacht Club, Plaza del Lago Commercial Center II, Unit 45;

C. the right of apartment, including the right of exclusive use of a commercial unit on the first floor, consisting of one commercial space and one bathroom, cadastrally described as:
Complex indication: Certificate of Admeasurement number 440A of nineteenhundred and ninety (440A/1990), apartment index: 19; and with the twenty-eight/one thousand and third (28/1003) part of the common property consisting of the building, the subsoil and the surrounding grounds, on Sint Maarten, in the district of Simpson Bay, at the time of the division cadastrally known as Certificate of Admeasurement number 403 of nineteenhundred and ninety (403/1990), locally known as Simpson Bay Yacht Club, Plaza del Lago Commercial Center II, Unit 47;
Reserve Price: US $ 300.000.00.

Details and Pictures       Auction cost for Item      Special Conditions

Map Location      Google Earth Pointer (Google Earth needs to be installed on your Computer)

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  • Offers in writing for the properties can be made for purchasing at a private sale in accordance with article 3:268 paragraph 2 of the Civil Code of the Netherlands Antilles. Such offers can be made to the aforementioned civil law notary up to and including Wednesday September 1st, 2010. Any offer not accepted before Thursday September 9th, 2010, is deemed to be declined.
  • The auction will take place by raising bids (in Dutch: "bij opbod") and by decreasing bids (in Dutch: "bij afmijning"), in one session. Seller has the right to not accept any bid, at his sole discretion.
  • All Auction Costs are for the account of the Buyer, which costs include: Transfer Tax (4% of the purchase price), the Registration Fees (Kadaster), the outstanding Long Lease Ground Rent (erfpachtscanon), if any, the outstanding dues to the Association of Apartment Owners, if any, fees for execution of the necessary notarial deeds, other auction costs (rent of auction room, marshal fees, cancellation of liens and mortgages, advertisements), and the costs to have the property vacated, if necessary.
  • The successful bidder must submit a bank-guarantee issued by a reputable bank in the Netherlands Antilles to the amount of the highest bid augmented by the charges for the account of the buyer.

                           NOTARY OFFICE SPS:

Head Office:     Front Street 5, Philipsburg, Sint Maarten, tel. 599 5422339, Fax 599 5422439 and  

Branch Office: Welfare Drive 6, Cole Bay, Sint Maarten, tel. 599 5442339, Fax 599 5442334
                             Located next to Tropicana Casino and opposite DHL

Please note: maps and Google earth pointer are not always exact, please check on location for correct auction Item.

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