On Thursday, June 1, 2023, at 10.00 a.m.
a public sale will be held in the presence of civil law notary M.M. Boekhoudt or her substitute at:
the UNIVERSITY OF SINT MAARTEN (USM), located at Soualiga Boulevard 1, in Philipsburg, of the following real properties:
TO BE AUCTIONED AT THE ORDER OF THE COURT:
a parcel of land situated on Sint Maarten, situated in the district of Upper Prince’s Quarter, known as “Bloomingdale”, at Guana Bay Road, with an area of Nineteen Thousand One Hundred and Sixty-Two square meters (19.162M2), described further in Certificate of Admeasurement number 128 of two thousand ten (C/A 128/2010),
(reserve price US$ 1,195,000.00)
a parcel of land on Sint Maarten, situated in the district of Cole Bay, at Pelican Key Estates, also known as lot number 6-B of the “Frangi Pani residential subdivision at White Stone”, with an area of Nine Hundred and Ten square meters (910m2), described further in Certificate of Admeasurement number 49 of two thousand four (C/A CB 49/2004), with the thereon standing villa and all appurtenances belonging thereto at Carnelian Drive 6-B.
(reserve price US$ 1,671,665.00)
one (1) right of apartment, including the right of exclusive use of a dwelling on the ground floor, consisting of one (1) living-dining room, annex kitchen, a living suite, one (1) bedroom, two (2) bathrooms and two (2) terraces, cadastral described as follows:
Complex number: Certificate of Admeasurement number SB 354 of two thousand eight (C/A SB 354/2008).; apartment index number: A-102, locally known as unit 102 of Algeria Resort, occupying the one hundred thirty-eight/two thousand four hundred and thirty-first (138/2431) part of the building, the subsoil and the common facilities, at the time of the division known as Certificate of Admeasurement number 100 of two thousand eight (C/A SB 100/2008).
(reserve price US$ 370,000.00)
one (1) right of apartment, including the right of exclusive use of a unit on the ground- and first floor, consisting of store/office and staircase on the ground floor and a storage, toilet and balcony on the first floor, cadastral described as follows:
Complex Index: Certificate of Admeasurement 148 of nineteen hundred and ninety-five (C/A PB 148/1995); apartment index: A-6; known as the Village Shop 7 on Front Street, with the three hundred and thirty-five/two thousand six hundred and thirtieth (335/2630) part of the common property consisting of the building, the subsoil and the surrounding grounds, at the time of the division cadastral known as Certificate of Admeasurement 146 of nineteen hundred and ninety-five (C/A PB 146/1995).
(reserve price US$ 112,000.00)
The deadline to submit private bids in writing regarding the above mentioned properties is May 18, 2023.
The auction shall take place by increasing bids and followed by decreasing bids. General and special auction conditions apply. The general auction conditions are available on our website. The special auction conditions and appraisal reports can also be viewed on our website as soon as they are available.
All costs for the auction will be paid by the buyer and which costs include:
Transfer Tax (4% of the purchase price), the Kadaster registration fees, the outstanding long lease rent (in Dutch: 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.
An irrevocable bank guarantee from a local bank, to the amount of the bid and the estimated expenses of the auction, will be demanded from the highest bidder(s) at the auction.
For information about the properties, the conditions of the auction and further details contact Ms. Luz-Marie Tuitt at +1721-542.99.26.