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Trump to sell $28 mn St Martin mansion

Sunday - May 7, 2017 2:52 pm , Category : BUSINESS
 Trump to sell $28 mn St Martin mansion
Trump to sell $28 mn St Martin mansion

Washington May 7 (IANS) US President Donald Trump is looking to unload his luxurious $28 million French St Martin beachfront estate a media reported on Sunday.

Trump bought Le Chateau des Palmiers for a reported $19.3 million in 2013 and has rented it out for up to $28 000 a night MansionGlobal.com reported.

Greetings from Donald J. Trump. Escape to a place no other reads a brochure for the property.

The 4.8-acre estate on St Martin s Plum Bay includes two villas with a total of 11 bedrooms and 12 baths.

The smaller villa has themed bedrooms including a jungle room. Fittingly for Trump the property is enclosed by an 8-foot boundary wall.

Rental packages for the President s tropical refuge start at $6 000 per night in the low season for the smaller of two villas and top off at $28 000 during the winter holidays according to Sotheby s St Martin office.

Disclosures sent to the federal Office of Government Ethics indicate that Trump owns the St Martin property under two limited liability companies Excel Venture I LLC and Excel Venture Corp II for which he owns a 100 per cent share.

--IANS
py/mr