St. Maarten Private Eye

real gentlemen do not break.....since Erato is not in the categopry of " real gentlemen" ,he do not have to keep his promise.
Is there any authority willing to do their job and enforce the law?
we hold our breath.....

These people are in the age of filling up their pockets and f. everyone else.
the scam continues, I know of cases in rainbow beach club where buyers have complained in court about the way they have been scammed and the Eratos have settled out of court for fear to set an example to other scammed unaware buyers and be sued over and over with the result that they have to pay back the buyers.
SUV are over, I am sure that since they (SUV) do not sell any more due to the increased environment awareness of the people in SXM, Erato have got a deal with the autos sellers, for a low price can buy a couple of SUV'S and get a huge price for the apartments in Aquarius. Looking at the very low quality of construction they use, the profit is huge.
I personally foresee that this project will not be finished ever.
If you go to rainbow beach club and look at the building anyone can see that is already decaying, they have painted several times the facades to make believe that is a good quality but is not that walls are full of humidity and the rain marks all the walls because they did not make a proper rain drainage. The front building is at very hight risk because under it there is a big cave, the building is actually sitting on a protruding area over the beach like a canteliver terrace.
To me is not to withstand the force of next hurricane.is a disaster waiting to happen.

there are too many units for sale in SXM , more to be built....

people are getting more and more suspicious about buying in SXM.

real estate market in SXM is not moving, ( except some very expensive properties in the low lands, people who buys those properties do not have money problem)

people are waiting for prices to drop and they will ...soon....

may be we will see more SUV offers!!! the insanity goes on!

I visited your island 2 years ago and I came to the conclusion that there is no need for cars altogether. Some kind of public shuttle bus would do the trick. It would be faster,cheaper and environmentally friendly as well:-)

I am not aware that there are many French or European buyers of property, I thought most of them were from the US. Makes sense of course, but sense isn't common on the island, afterall, they cut the budget for tourism marketing in Europe despite the value of the Euro being good for European vacationers.

The US housing market and economy is not very healthy, it is getting harder and harder to move these concrete boxes that are valued above $350,000 or so.

Home Foreclosures Still Increasing

Caribdude

Yahoo News - click here