Stella-Maris

A strong partnership !


Rolf Polentarutti	&	Rolf Halgmann
P.O. BOX L.I. 30012		Friedhofstraße 116
Stella Maris, Long Island		D-33659 Bielefeld

Home

Properties

Projects / Investments

Homes/Villas

Infobox

Contact: Rolf Polentarutti * Tel. 001 242 338 21 21 * Email: polentarutti@bahamas-investments.com

Stella Maris

Stella Maris is a 3,000-acre (some 12 km2) development consisting of a vacation resort hotel, an airport, a full-service marina and a land sales and development company including a construction division. It is located near the northern end of Long Island.

The entire Stella Maris site covers an area which runs from the Atlantic Ocean to the Exuma Bank, the body of water separating Long Island and the Exuma Islands. Because of the rolling nature of the land, Stella Maris Estates has a very high proportion of superior quality single family home-sites offering magnificent views of the sea.

Stella Maris was begun in 1963 built. The project included a small resort, an air field and approximately 2,000 acres of land which were improved with roads and surveyed for some 1,500 lots. These lots were primarily designed for single family homes, but some multi-family sites and commercial areas were identified also, along with parks and lakes. In addition there were another 1,000 acres of land on the southern end of the site which remained unimproved to this day.

Stella Maris is the prime resort on Long Island, though there is another fine resort-club located on Cape Santa Maria, north of Stella Maris. The attractions of Long Island and Stella Maris are numerous. Tourists and residents alike enjoy its remote, quiet location, gorgeous beaches and varied sport activities - to say nothing of the excellent food and hospitality provided by the owners / operators of the resort itself.

Another major attraction of Long Island and Stella Maris is the quality and diversity of the SCUBA diving available in the area. Stella Maris provides perhaps the most exciting shark dive in the entire Caribbean Region. This dive, which is done at least once a week, provides SCUBA divers with an unusual opportunity to see and photograph reef sharks at an extremely close range. The Shark dive and others have made Stella Maris one of the top SCUBA diving sites in the

Bahamas

. Stella Maris has been written up on several occasions in “Skin Diver” magazine and other diving publications as to the high quality diving and facilities available. This dive market has been an important source of business for the resort over the years, and with the continued popularity of the sport, the demand from this market segment can only be expected to increase.

The current owners of Stella Maris are four families, originally from Germany, who have been involved with the project since the mid-1960’s. This group has, over the years, developed an outstanding small resort and a significant land sales and development company. Each of the owners is actually involved in the day-to-day operations of the company. Through these efforts, they have consistently made profits from the venture and have reinvested these profits in improvements to the development.

Stella Maris caters to a diverse group of nationalities with about half of its hotel guests being from North-America (mainly the U.S.), the other half coming all the way across the Atlantic Ocean from Germany and many other European countries. A similar split-up, percentage-wise, pertaining to nationalities is true for the over one hundred thirty homeowners in the Estate.

The Stella Maris Inn - which operates the Resort Club and Marina - is faced with seasonal trends which are similar to the Bahamas as a whole, with business peaking in the late winter and spring, and slow periods occurring in the fall. The Inn does have the advantage of appealing to divers who tend to ignore seasonal concerns more than other guests, and it has an incredibly large number of patrons who return to the resort year after year.

This high percentage of repeat guests provides some stability in business volume. Further, these repeat guests have expressed a preference for the environment of Stella Maris and Long Island. Many of them became owners of lots and homes.

Stella Maris / Long Island

A place to fall in love - FOREVER


Impressum