Donald Trump's $17 Million Caribbean Mansion Is Up for Grabs
LuxuryLifestyleCollection Does $$ million sound like too much to spend on a beachfront mansion on the Caribbean island of St. Martin? Yes? Well, you're not alone.
The trust that oversees President Trump's assets listed Le Chateau des Palmiers for $$ million back in April, but recently slashed the price $$ million recently in what appears to be an attempt to shed the property, The Washington Post reports. At the current price of $$.9 million, the beachfront property is on a par with other luxury properties for sale on the island now.
The nine-bedroom estate is located on a white sand beach on Plum Bay in St. Martin and has a heated pool, fitness center and tennis court.
LuxuryLifestyleCollectionLuxuryLifestyleCollection It also comes with all the chandeliers and marble you'd imagine a Trump property would have.
LuxuryLifestyleCollectionLuxuryLifestyleCollection "This property has some particularities, being that the owner is the president of the United States, and there are some positives and then some unwanted attention that come with that," Jonathan Schaede, a broker with Sunshine Properties, told The Washington Post. "It definitely makes for conversation, but I don't see anybody lining up outside."
LuxuryLifestyleCollection The current asking price is also much lower than the reported $$.7 million Trump bought the property for in 2013, according to The Washington Post. Trump's financial disclosures show that the estate, which he used mostly as a rental property, generated up to $ million in rental income over the past three years, so it's unknown why his trust is selling it — the Trump Organization denied The Washington Post's requests for comment.
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The trust that oversees President Trump's assets listed Le Chateau des Palmiers for $$ million back in April, but recently slashed the price $$ million recently in what appears to be an attempt to shed the property, The Washington Post reports. At the current price of $$.9 million, the beachfront property is on a par with other luxury properties for sale on the island now.
LuxuryLifestyleCollection
While the Sotheby's listing doesn't mention Trump's name anywhere in the listing, the Instagram account of their St. Martin office hinted at it in their gallery post saying, "it's huuuuuge!"Scroll through our brand new pictures of Chateau Des Palmiers. It's absolutely fabulous. 9 bedrooms. Two pools. Beachfront. Tennis courts. It's huuuuuge!
A post shared by St. Martin Sotheby's Realty (@sxmsir) on
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From: AR Revista
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