Showing posts with the label Saint Martin

Sint Maarten

Sint Maarten is a constituent country of the Kingdom of the Netherland located on the south of a Caribbean Island shared with France. The Dutch territory covers the 40% of the island where lives little more than 40,000 people. The island was divided by the Treaty of Condordia in 1648 and despite the border changed sixteen times due to fights, the sharing is still in place till today. Cotton, tobacco and sugar plantation had been the main island income till after the WWII, when in the 50s the iconic International Airport was opened and the tourism business took off. Today the island economy is based on tourism, employing 80% of the population. Cruise ships and luxurious hotel resorts are the main type of tourism sources. The island location is exposed to the hurricanes season and it has been hit more then ones with the last in 2017 causing extensive damages to 70% of the houses and loss of lives. The real estate opportunities are almost exclusively top high end villas and th