- Place: The auction will take place at notary office Mingo at the Fouress Building Suite 4D, Emmaplein 4, Philipsburg on Sint Maarten.
- Date: Thursday, February 26th, 2026 as of 10.00 hours a.m.
IMMOVABLE PROPERTIES ON SINT MAARTEN
TO BE AUCTIONED (FOR A FIRST ATTEMPT) EX ARTICLE 3:268 OF THE CIVIL CODE OF SINT MAARTEN
The right of long lease till November twentieth, two thousand and thirty- four (November 20th, 2034) on
A parcel of land having an area of THREE HUNDRED AND TWENTY SQUARE METERS (320m²), situated in the district of Philipsburg, on the island of Sint Maarten, further described in certificate of admeasurement number SXM PB 243/1972, with all appurtenances belonging thereto, hereinafter referred to as “property 1".
Reserved price for aforementioned title to property 1 (being the minimum bid for a second attempt) will be EIGHT HUNDRED FORTY THOUSAND DOLLARS CURRENCY OF THE UNITED STATES OF AMERICA (US$.840,000.00).
Potential buyers may enter a private bid, addressed to the notary, on aforementioned Immovable property to be submitted along with all legal required compliance to the notary on or before February 12th, 2026 at noon (12.00 p.m.) Inquire in time at notary Mingo what your legal obligations are, to fulfil all legal requirements so you can meet the deadline of February 12th, 2026
An appraisal report will be available on websitewww.notarymingo.com or upon request
The sales at this public auction will take place under the customary auction conditions which are, by raised bid (in Dutch: “middels opbod”) subsequently by Dutch bid (in Dutch “afmijnen”) in one (1) session.
Every bidder or potential buyer (even when bidding for someone else) is required to contact notary Mingo on the legal requirement since all requirements including payment of a notary’s invoice will have to be deposited into the escrow account of notary Mingo and therefore you are required to contact notary office Mingo at info@notarymingo.com as of this date. Anyone wanting to bid at the public auction will need to meet legal requirements in order to participate in the bidding process, since the bidder has to identify him or herself and provide the civil law notary with a written guarantee by a banking institution (for example a bank letter/or banker’s check) and have at least 10% of the bid you wish to place at the public auction, deposited into the escrow account of the notary ultimately on the day of the public auction. The bank guarantee should cover the payment of the bid including the additional and affiliated auction chaDescriptions are based on available evaluation reports, as some items may have not been (possible to be) inspected inside, and the given information might therefor not be accurate and buyers cannot hold the notary liable for the state of the immovable property. rges to be requested at notary office Mingo which are for the buyer (as stipulated in the general auction conditions of civil law notary Mingo). Civil law notary Mingo withholds the right to accept or deny any (private) bidder to partake in the bidding process or private bidding in the process of the public auction.
The buyer (successful and accepted bidder) shall pay the notarial fee, the registration stamps, the disbursements, transfer tax, cancellations of mortgage(s), annulment of attachment(s), costs and charges of the notarial authentic report(s) of the auction and the conveyance of title to and the registration of the immovable property in the name of the buyer in the Public Registers, deed of assignment (in Dutch: "Akte de Command"), deed of acquittance, the aforementioned bankguarantee, and remaining costs and charges pursuant to the general and particular conditions of the auction including the 1% Central Bank license fee if applicable and all banking charges involved to make payments to all third parties related to this sale at the public auction.
Interested parties are strongly advised/recommended to:
- (i) in the event the bidder wishes to attend the public auction and participate, to review the auction conditions before attending the auction;
- (ii)(ii) to start requesting their bank guarantee at least four (4) weeks prior to the auction, come with a banker’s check or have the funds (being the amount of the bid the buyer wishes to place) deposited into the escrow account of the notary prior to the day of the public auction.
Descriptions are based on available evaluation reports, as some items may have not been (possible to be) inspected inside, and the given information might therefor not be accurate and buyers cannot hold the notary liable for the state of the immovable property.
