Donald Trump Has Slashed the Price of His Caribbean Mansion by $11 Million

Any takers? The asking price of President Trump’s beachfront mansion on the Caribbean island of St. Martin has recently been slashed by a whopping $11 million after the property failed to attract any buyers since it was first listed in April. At the time, Le Chateau des Palmiers (as the property is called) was priced at $28 million, but in recent months, the asking price has dropped to $16.9 million in what appears to be an attempt to sell as quickly as possible, according to The Washington Post. The nine-bedroom estate features a heated pool, fitness center, and tennis court, and is decorated in Trump’s trademark gold and marble on the inside. A large chandelier adorns the formal dining room, and his insignia is on the doors.

Trump first bought the property for $19.7 million in 2013, and it has generated up to $3 million in rental income over the last three years. Sotheby’s listing for the property on Instagram doesn’t make any direct mention of its current owner, though the caption may just give it away: “Scroll through our brand new pictures of Chateau Des Palmiers. It’s absolutely fabulous. 9 bedrooms. Two pools. Beachfront. Tennis courts. It’s huuuuuuge!”

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