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 (214.489 m²) 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.
