It seems the real estate market in St Martin St Maarten is turning around, August 23rd 2018
It has been almost a year since Hurricane Irma and the real estate market has improved tremendously.
The reasons for this turn around is all the publicity derived from Irma via the media is now having a positive effect, finally!!
Lots of people have decided to leave the island discouraged by the situation in St Maarten St Martin and have sold their property at a very discounted price.
Lots of people have taken advantage of this situation and this has created a momentum.
The insurance companies have started to pay out the home owners, some of them have reinvested the insurance proceeds in their property and some have
purchase new properties.
Buyers are coming from the States, Canada and Europe to look for a deal and even if the deals are less and less these buyers are on island
and they are buying.
Properties that were sitting on the market for several months or even years are now under contract or sold as the Hurricane has pushed over the edge
one way or another.
Our sunny and friendly island of St Maarten St Martin is getting rebuilt slowly but surely and we think this might be the beginning of a new era.
The cruise ships have returned the flights have been reinstated almost 100% now
tourism has improved for sure, we are not yet were we should be but we are getting there.
2019 is going to be an excellent season on our little paradise St Maarten St Martin SXM.