18.8 Acres, (76,137 m2), beachfront development opportunity land, situated on Gibbs Bay, at the Red Pond Estate, on St. Maarten, Dutch West Indies. The land present numerous favorable expansion options, such as Hotel, Condos, Casino or combined as the land edges the Atlantic coastline. This extensive parcel of land captures the sight of the French Territory island of St. Barthelemy. Well perched over the Atlantic, on the horizon.
A hotel/resort is permitted on 9.18 acres of the land. Additionally, multi-family homes of 12 units per acre. Accessible concrete road with all the underground utilities, for instance water, electric and cable are in installed.
Ownership of the property is held in 2 off-shore companies (1 for the Resort and
1 for the Residences) based in Anguilla.