A YUUUGE discount! takes $11M off villa asking price

US President Donald has knocked $11million (£8million) off the asking price of his luxury Caribbean estate - four years after buying the sprawling retreat.

Le Chateau des Palmiers is at the edge of the turquoise waters of Plum Bay on the western tip of French St. Martin and features a five-bedroom ocean villa and four-bedroom garden villa.

The tycoon originally put the nearly five-acre walled compound on the market for $28million (£21.5million), but the price has now dropped to $16.9million (£13million). 

Up for sale: US President Donald Trump has knocked $11million (£8million) off the asking price of his luxury Caribbean estate - four years after buying the sprawling retreat

Up for sale: US President Donald has knocked $11million (£8million) off the asking price of his luxury Caribbean estate - four years after buying the sprawling retreat

Le Chateau des Palmiers, the Trump complex is at the edge of the turquoise waters of Plum Bay on the western tip of French St. Martin and features a five-bedroom ocean villa and four-bedroom garden villa

Le Chateau des Palmiers, the complex is at the edge of the turquoise waters of Plum Bay on the western tip of French St. Martin and features a five-bedroom ocean villa and four-bedroom garden villa

The tycoon originally put the nearly five-acre walled compound on the market for $28million (£21.5million), the price has now dropped to $16.9million (£13million)

The tycoon originally put the nearly five-acre walled compound on the market for $28million (£21.5million), the price has now dropped to $16.9million (£13million)

It was the most expensive home on the market in the tropical French territory when it originally went up for sale with Sotheby's three months ago. But the price reduction brings it closer inline with other premium properties on the island. 

It is now the second most expensive listing after another beachfront estate in the same neighbourhood was priced at $17.5million (£13.5 million).

reportedly bought the luxury home as a rental property. 

The sprawling 4.8-acre estate on St. Martin's Plum Bay includes two villas, one five-bedroom and another four-bedroom and several other buildings. 

In total, the compound contains 11 bedrooms and 12 full bathrooms. The larger villa has a two-storey master bedroom with a Jacuzzi bath tub and two private balconies. 

It is now the second most expensive listing after another beachfront estate in the same neighbourhood was priced at $17.5million (£13.5 million)

It is now the second most expensive listing after another beachfront estate in the same neighbourhood was priced at $17.5million (£13.5 million)

Trump reportedly bought the luxury home as a rental property. In a brochure for the property, he tells prospective buyers: 'Greetings from Donald J. Trump. Escape to a place no other'. Pictures show the properties fully kitted-out gym

reportedly bought the luxury home as a rental property. In a brochure for the property, he tells prospective buyers: 'Greetings from Donald J. . Escape to a place no other'. Pictures show the properties fully kitted-out gym

Ornate: Pictures of the stunning interior show gold effect finish on the furniture, high ceilings and luxury fittings throughout

Ornate: Pictures of the stunning interior show gold effect finish on the furniture, high

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