Stretching out over the Santa Martha Bay in the scenic western part of the island, lies the Bay Estates Peninsula. Nestled in between the San Nicolas and Groot Santa Martha estates it is visible from the water rising as an island in the already captivating bay.
The approximate 53 acres of San Nicolas Peninsula is ready to develop, designated as Tourist & Permanent Residential Development Land. The required building permits are in place and non-binding proprietary development plans are also available.
With its own access from the main road, the passage over 2,000 feet long winds beside its 127 feet hill then across the narrow strip of land before reaching the mass over the water. On both sides of the peninsula strip are shallow sections of water used in the past as salt pans. Having a peak of over 60 feet it provides an outpost looking over the bay that is encased by the San Nicolas and Santa Martha estate on each side. Panoramic as it views both San Nicolas & Santa Martha estates with their lush and undulating grounds and hills reaching above 260 feet.
Options for development include a marina as the bay’s entrance spans 115 feet and the water averages 10 feet deep, reaching a maximum depth of 16 feet. A unique opportunity as the island’s location outside of the hurricane belt also benefits of international airlift and government tax incentives promoting land development.
The San Nicolas estate includes the peninsula and is also offered as a whole or as described above separately. Contact our office for more details on this incomparable investment today.
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The buyer costs are associated costs with the transfer of the property to the buyer's title. These costs are considered as out-of-own pocket expenses for the buyer (unless otherwise is agreed with the home seller). Rates shown are for individuals buying a freehold residential property. These estimates are provided as illustrative figures for guidance only. No rights can be derived.
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