Would You Buy Donald Trump’s $17 Million Caribbean Mansion? – Cosmopolitan.com

Posted: August 3, 2017 at 10:37 am

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Does $28 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 Trumps assets listed Le Chateau des Palmiers for $28 million back in April, but recently slashed the price $11 million recently in what appears to be an attempt to shed the property, The Washington Post reports. At the current price of $16.9 million, the beachfront property is on a par with other luxury properties for sale on the island now.

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While the Sothebys listing doesnt mention Trumps name anywhere in the listing, the Instagram account of their St. Martin office hinted at it in their gallery post saying, its huuuuuge!

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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.

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It also comes with all the chandeliers and marble you'd imagine a Trump property would have.

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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 dont see anybody lining up outside.

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The current asking price is also much lower than the reported $19.7 million Trump bought the property for in 2013, according to The Washington Post. Trumps financial disclosures show that the estate, which he used mostly as a rental property, generated up to $3 million in rental income over the past three years, so its unknown why his trust is selling it the Trump Organization denied The Washington Posts requests for comment.

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Would You Buy Donald Trump's $17 Million Caribbean Mansion? - Cosmopolitan.com

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