Indigo Green Development

What Indigo Green Development does

Indigo Green Development B.V. is a private real estate developer based in Sint Maarten (Dutch Caribbean), operating as a Sint Maarten affiliate of Montreal-based Groupe Lépine International. The company is developing a $40+ million master-planned oceanfront community on approximately 7 acres of a 150-acre bay in Indigo Bay (formerly Cay Bay), under a long-term land lease running through 2139. The development comprises 19 villas (Flamboyant, Bougainvillea, and Hibiscus models) and 53 condominiums (Vacation, Grand, and Direct Ocean Access), with pricing ranging from USD $700,000 to over $4,000,000 per unit.

The construction approach emphasizes hurricane- and earthquake-resistant full-concrete structures reinforced with Helix micro-rebar, Nudura insulated wall systems, and InsulDeck floor forming, and the community was the first oceanfront development in Sint Maarten to offer fiber-to-the-modem internet. Eco-friendly amenities include a centralized wastewater treatment plant that recycles effluent for landscape irrigation, solar carports producing over 6 kilowatts per villa, and thermally efficient envelopes designed for passive cooling. The community survived Hurricane Irma in September 2017 with minimal structural damage, validating the construction methodology. Indigo Green Foundation (HOA equivalent) and the master Indigo Bay Master Foundation manage ongoing operations.

The business model combines one-time unit sales with recurring revenue from quarterly foundation fees and a long-term land lease (approximately USD $0.60 per square meter annually, with decade-step increases). Distribution is sales-led via an onsite office at Ocean Drive 112, Indigo Bay, toll-free lines for the US/Canada, a website inquiry funnel, and referrals from local Sint Maarten real estate brokers. The target customer base is affluent international second-home buyers primarily from Canada, the United States, and Europe, with secondary segments of remote workers, vacation rental investors, and Sint Maarten full-time residents. As of the latest reported inventory, roughly 90% of total units are sold.

Name

Indigo Green Development

Legal name

Indigo Green Development B.V.

Website

https://indigogreen.sx

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Indigo Green Development B.V. is a Sint Maarten-based private real estate developer and Groupe Lépine International affiliate building a hurricane-resistant, eco-friendly oceanfront community of 19 villas and 53 condominiums (USD $700K-$4M+) in Indigo Bay, selling primarily to affluent international second-home buyers from Canada, the US, and Europe.

Ownership category

akta.pro rank

Product category

Oceanfront Residential Real Estate Development

NAICS

Accommodation (721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Villas & Luxury Estates (THAMAAAC)

akta.pro secondary industries

Luxury Beachfront & Waterfront Villas (THAMAEAE), Ultra-Luxury Villas & Estates (THAMAEAA), Luxury Villas & Residences Resorts (THAGACAM)

Keywords

• Oceanfront real estate development
• Luxury vacation homes
• Hurricane-resistant construction
• Residential condominium sales
• Caribbean second-home market

Headquarters

HQ city

Sint Maarten

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales, Others

Revenue model

1. Villa Sales: One-time sale of private oceanfront villas ranging from 2,000 to 4,500 square feet with 3-6 bedrooms. Three model types: Flamboyant (2,000-3,500 sf, 3-5 bedrooms), Bougainvillea (2,000-4,000 sf, 3-5 bedrooms), and Hibiscus. Features include private splash pools, rooftop terraces, double-car garages, and optional media rooms. Only 2 of 19 villas remaining (90% sold).
2. Vacation Condominium Sales: One-time sale of 2-bedroom double master condominiums at 1,200 square feet with two ensuite bathrooms. Phase 4 last phase with only 3 units remaining out of 40 built. Features 300+ sq ft private outdoor oceanfront terrace.
3. Grand Condominium Sales: One-time sale of single-level grand condominiums: 3-bedroom/3-bathroom units at 2,130 square feet, and 4-bedroom/4-bathroom units at 2,400 square feet. All units have private pools and private garages available. Four buildings completed with Unit C3 last large unit available.
4. Direct Ocean Access Condominium Sales: One-time sale of 8 direct ocean access vacation condominiums with pools. Double master bedroom layout at 1,250 square feet.
5. Foundation/HOA Fees: Recurring maintenance fees collected quarterly from property owners through the Indigo Green Foundation (HOA equivalent). Fees cover landscaping, pool maintenance, security, street lighting, sewage treatment, and irrigation systems. Annual budget voted at December meetings.
6. Long-term Land Lease: Annual long lease land rent collected from property owners. Current rate approximately US$0.60 per square meter (US$0.06 per square foot), averaging about $210 per year per residence. Subject to 10% increases every decade.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Indigo Green Development builds and sells private oceanfront villas and condominiums as a master-planned gated residential community in Indigo Bay, Dutch Sint Maarten. The portfolio includes 19 villas across three models (Flamboyant, Bougainvillea, Hibiscus) and 53 condominiums across three configurations (Vacation, Grand, and Direct Ocean Access), all featuring hurricane-resistant concrete construction, fiber optic internet, eco-friendly wastewater treatment, solar infrastructure, and community amenities including infinity pools and a fitness center. Properties are sold to international buyers primarily from Canada, the US, and Europe as vacation homes, retirement residences, or rental investment properties, with developer financing available.

Product overview

Indigo Green Development is a master-planned oceanfront community development in Indigo Bay, Sint Maarten, offering a portfolio of real estate products including 19 private villas (Flamboyant, Bougainvillea, and Hibiscus models) and 53 condominiums (Vacation Condominiums, Grand Condominiums, and Direct Ocean Access Condominiums with Pools). The community provides shared amenities including three infinity pools, a fitness center, and fiber optic internet infrastructure. The development emphasizes eco-friendly construction with solar systems, wastewater treatment, and energy-efficient features. Properties are available as vacation homes or investment properties with vacation rental potential.

Differentiator

Problem solved

Functional benefit

Products and services

• Flamboyant Villas Hillside single-family villas ranging from 2,000 to 3,500 square feet (185-335 sq meters) with 3 to 5 bedrooms and 2.5 to 4.5 bathrooms. Features include double car garages, rooftop terraces, rear yards, and shared access to community infinity pools and infrastructure. Designed for second-home buyers seeking hurricane-resistant Caribbean residences at the $850,000–$1,500,000 price tier.
• Bougainvillea Villas Ocean-side single-family villas ranging from 2,000 to 4,000 square feet (185-370 sq meters) with 3 to 5 bedrooms and 2.5 to 5 bathrooms. Features include lower level master suites, optional media rooms, and solar carports providing over 6 kilowatts of free electricity. Positioned in the $1,750,000–$4,000,000+ price tier for buyers seeking ocean-front views with energy independence.
• Hibiscus Villas Ocean-side single-family villas ranging from 2,000 to 4,000 square feet with 3 to 5 bedrooms, similar in configuration to Bougainvillea models. Includes lower level master suites and solar carports. Designed for buyers wanting ocean-side villa configuration with shared eco-friendly amenities.
• Vacation Condominiums 33 double master bedroom vacation condominiums offering 1,200 square feet of interior space with two ensuite bathrooms each. Includes 300+ square foot private outdoor oceanfront terraces. Designed for rental income and shared guest privacy with double master bedroom layouts. Priced $700,000–$1,000,000.
• Grand Condominiums Single-level grand condominiums offering 3-bedroom/3-bathroom (2,130 sq ft) or 4-bedroom/4-bathroom (2,400 sq ft) configurations. Features include private pools, private garages, and 700+ square foot balconies opening onto 2,000+ square feet of oceanview rooms. The only single-level grand condominiums available in Sint Maarten for mobility-conscious buyers. Priced $1,250,000–$2,000,000.
• Direct Ocean Access Vacation Condominiums with Pools Eight premium vacation condominiums with direct ocean access and private pools. Double master bedroom layout with two ensuite bathrooms, 1,250 square feet of interior space. Premium offering for buyers seeking direct beach access and private pool amenities in the Indigo Green community.

Quantifiable outcome

• Only 3 of 40 vacation condominiums remaining (92.5% sold)
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Groupe Lepine InternationalcoreStrategic or Co-development PartnerParent company and developer of Indigo Green. Indigo Green Development B.V. is a distinct Sint Maarten affiliate of Groupe Lepine International Inc. of Montreal, Canada. Groupe Lepine is one of Eastern Canada's premier development groups with track record of 5,000 dwellings since 1951, including the 1976 Montreal Olympic Village. Founded by René H. Lépine Jr., the international affiliate brings global development expertise to Sint Maarten.
• Oceanfront Construction B.V.coreStrategic or Co-development PartnerConstruction execution partner for Indigo Green. Responsible for building the villas and condominiums according to the high-quality construction standards set by the development team.
• Indigo Bay Master Foundation (IBMF)coreOthersMaster foundation managing the overall Indigo Bay community including central guard gate, green areas, water features, storm water management, private roads, and solar powered street lighting. Indigo Green owners participate in both IBMF and Indigo Green Foundation.
• Roland Richardson Gallery MuseumminorOthersGallery at 6 rue de la République, Marigot, St. Martin displays original oil paintings painted 'en Plein Air' in model villa and condo. Sir Roland Richardson's exhibitions featured in Indigo Green show homes since September 2017.
• WAW Interiors / Nest HomeminorOthersInterior design firm owned by Wendy Wathey providing all interior decor and furnishing services for Indigo Green. Located at 2 L.B. Scott Rd, Dutch Cul de Sac, Sint Maarten, +1 (721) 520-1100.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cupecoy Beach Resort Villas (Sint Maarten): Existing luxury oceanfront condominium development on the Dutch side of Sint Maarten, competing directly with Indigo Green for the same international buyer pool on the same island.
• Oil Nut Bay: Luxury oceanfront resort-residential community on Virgin Gorda, BVI, selling private villas and estate homes with similar turnkey, eco-conscious positioning and international second-home buyer base.
• Sailrock Resort: Luxury resort and villa-residence community on South Caicos, Turks & Caicos, targeting affluent second-home and rental-income buyers with hurricane-resilient construction and oceanfront amenities.
• Baker's Bay Golf & Ocean Club: Ultra-luxury oceanfront community on Great Guana Cay, Bahamas, offering private homes and residences for international buyers within a master-planned, amenity-rich gated setting analogous to Indigo Green.
• COMO Parrot Cay: Private island luxury resort in Turks & Caicos selling private residences and villas to international buyers, with turnkey service, eco-design, and hurricane-resistant construction similar to Indigo Green.
• Jumby Bay Island: Private island luxury resort with branded residences and estate homes near Antigua, serving international affluent buyers seeking turnkey beachfront ownership — closely comparable product and buyer profile.
• Roatán Luxury Real Estate Developers (e.g., Pristine Bay): Master-planned luxury oceanfront golf and villa community on Roatán, Honduras, selling private villas and condos to North American and European buyers in a Caribbean tax-advantaged setting — directly comparable use case.

Regional players

• Schlossbach Belair (Sint Maarten): Long-established Sint Maarten luxury real estate developer and brokerage with comparable high-end oceanfront and hillside listings, directly competing for Indigo Green's local buyer pool.

Broad incumbents

• Discovery Land Company: Developer of more than 30 luxury private residential communities globally (including Baker's Bay and Bonita Beach), competing in the same ultra-luxury master-planned oceanfront space as Indigo Green at a much larger scale.
• Four Seasons Private Residences (Caribbean): Branded luxury residential developments across the Caribbean (Anguilla, Nevis, Bahamas, Dominican Republic) targeting the same international second-home buyer, with comparable pricing and turnkey service.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/IndigoGreen.SX
• LinkedInlinkedin.com/company/indigo-green-development-b-v-

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indigo Green Development