National

Posted: August 02, 2017

President Trump’s Caribbean estate selling for $16.9 million

U.S. President Donald Trump makes an announcement on the introduction of the Reforming American Immigration for a Strong Economy (RAISE) Act in the Roosevelt Room at the White House on August 2, 2017 in Washington, DC. The act aims to overhaul U.S. immigration by moving towards a
Pool/Getty Images
U.S. President Donald Trump makes an announcement on the introduction of the Reforming American Immigration for a Strong Economy (RAISE) Act in the Roosevelt Room at the White House on August 2, 2017 in Washington, DC. The act aims to overhaul U.S. immigration by moving towards a "merit-based" system. (Photo by Zach Gibson - Pool/Getty Images)

By Zuri Davis, Rare.us

President Trump’s St. Martin estate, Chateau Des Palmiers, has run into some issues selling since being listed in May.

Since its initial listing for $28 million on Sotheby’s International Reality, the price for the estate has dropped more than $11 million to $16.9 million, reports Business Insider.

Chateau Des Palmiers is a beachfront property that contains 11 bedrooms and 12 bathrooms. A listing on 7th Heaven Properties provides details about the property for potential buyers:

Located in a highly exclusive gated enclave a direct beachfront location, the world-class residence comprises an ocean side villa, a garden side villa and a manager’s house, plus a wide range of amenities, including: a huge heated pool, an open air and air conditioned fitness center, a tennis court, and covered outdoor bar, billiards and dining areas.

Trump purchased the property for an undisclosed amount in 2013.

There are no comments yet. Be the first to post your thoughts. or Register.