Auctions

On Thursday, July 7, 2022, 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:

1.

The 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, cadastrally described as follows:

Complex Index: Certificate of Admeasurement 148 of nineteen hundred and ninety-five (C/A 148/1995); Apartment index: A-6;

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 cadastrally known as Certificate of Admeasurement 146 of nineteen hundred and ninety-five (C/A PB 146/1995). 

(reserve price US$ 112,000.00)

2.

a parcel of land on Sint Maarten, situated in the district of Cul-de-Sac, part of the estate Betty’s, having an area of Five Hundred and Seventy square meters (570m2), described further in Certificate of Admeasurement number 133 of nineteen hundred sixty-eight (C/A CDS 133/1968), with the thereon standing dwelling house and all appurtenances belonging thereto at Camelia Road.

(reserve price US$ 348,000.00)

 

3.

a parcel of land on Sint Maarten, situated in the districted in the Lower Prince’s Quarter, at Madam Estate, having an area of Four Thousand square meters (4.000m2) , further described in Certificate of Admeasurement 395 of nineteen hundred and ninety-four (C/A LPQ 395/1994),  at A.Th. Illidge Road. 

(reserve price US$ 630,000.00)

4.

the right of long lease till February third, two thousand sixty-nine (February 3, 2069), on:

a parcel of land on Sint Maarten, situated in the district of Upper Prince’s Quarter, at Point Blanche, with an area of One Thousand Five Hundred and Twenty square meters (1.520m2), further described in Certificate of Admeasurement number 164 of two thousand six (C/A UPQ 164/2006).

(reserve price US$ 122,360.00)

5.

a parcel of land on Sint Maarten, situated in the district of Philipsburg, with an area of One Hundred and Eighty-Four square meters (184m2), further described in Certificate of Admeasurement number 149 of nineteen hundred eighty-two (C/A PB 149/1982), with the thereon standing building and all appurtenances belonging thereto at Back Street.

(reserve price US$ 513,000.00)

6.

a parcel of land on Sint Eustatius, situated in the district of Enclosure, with an area of Two Thousand One Hundred and Ninety-Five square meters (2.195m2), further described in Certificate of Admeasurement number 101 of nineteen hundred fifty-four (C/A 101/1954), with the thereon standing dwelling house and all appurtenances belonging thereto at Hibiscus Drive 12.

(reserve price US$ 61,360.00)

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) (5% of the purchase price on Sint Eustatius), 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.

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