ADVERTISEMENT
ADVERTISEMENT

Trump’s Caribbean estate got a massive price cut — take a look inside the $16.9 million residence

Trump's St. Martin estate's price was recently lowered from a whopping $28 million to $16.9 million.

null

President Trump is looking to get rid of his luxurious St. Martin estate. The home, which he purchased in 2013, is called Le Château des Palmiers. The price was recently lowered from a whopping $28 million to $16.9 million. It is no longer the most expensive listing on the island. The price is also now on par with other estates nearby. It's a walled estate across nearly five acres, with both a main house and a guest house. In total, the compound has 11 bedrooms.

Records show that it was listed for just under $20 million when Trump purchased it. According to disclosure filings obtained by the Wall Street Journal, Trump owns the property through two shell companies called Excel Venture I LLC and Excel Venture Corp II.

Trump typically uses the Caribbean escape as a rental property, and, according to the disclosure, he gets between $100,000 and $1 million a year from it. Lesley Reed of Sotheby's International Realty has thelisting.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Here's everything to know about being a virgin on your wedding night

Here's everything to know about being a virgin on your wedding night

7 do's and don’ts of the Holy month of Ramadan

7 do's and don’ts of the Holy month of Ramadan

Top 5 sweetest celebrity mother-child relationships that stand out for us

Top 5 sweetest celebrity mother-child relationships that stand out for us

International Women's Day: 5 Nigerian female celebrities championing women’s rights

International Women's Day: 5 Nigerian female celebrities championing women’s rights

Top 5 female directors in Nollywood

Top 5 female directors in Nollywood

6 things that will break a Muslim's fast during Ramadan

6 things that will break a Muslim's fast during Ramadan

5 benefits of fasting during Ramadan

5 benefits of fasting during Ramadan

5 reasons Easter was more fun when we were children

5 reasons Easter was more fun when we were children

Dos and don’ts of supporting Muslims during Ramadan

Dos and don’ts of supporting Muslims during Ramadan

ADVERTISEMENT
ADVERTISEMENT