Real Estate

26 Acre Peninsula with 3 White Sand Beaches - Resort or Residential Zoning

Unbelievable property located in Terre Basses, the most exclusive residential neighborhood, on the Caribbean Island of St Martin - French West Indies. Best site on the island, and formerly the location of La Belle Creole Hotel, operated by Conrad Hilton Hotels and closed following hurricane damage in 1995. 26 acre peninsula location, with three white sand beaches and sheltered swimming lagoons, zoned for either Resort or Residential development. The government approval process is complete, and this project is ready to go. All that is required to pull building permits is the new owner's final site plan, elevations, and working drawings. There are no property taxes due until the property has been completely renovated and occupied. The property is permitted for 450,000 square feet of building improvements. The current owner's plans are to demolish selected buildings to open up view corridors, and eliminate irreparable damage. Valuable structures will be retained and can be easil
y converted to either resort or residential use.

Property Details:

* Property: Lot/Land Parcel
* Area in hectares: 10.52
* Price in USD: 40,000,000

Features & Amenities:

* Waterfront
* Ocean Waterfront
* Ocean View
* Gated Community
* Beachfront

This property is offered by Four Palms Resort

For more information on this property, or to inquiry about it, please visit the following URL:
http://www.fusedworld.com/Real_Estate/North_America/Guadeloupe/Saint_Martin/Lot_Land_Parcel_for_sale_in_Marigot_Guadeloupe_32685.html

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