3 Bed Condo Hotel For Sale in St. Georges - Real estate in Bermuda

HSBC Bank Bermuda

3 Bed Condo Hotel For Sale in St. Georges

St. Regis Bermuda: The Residences St. Regis Bermuda: Gates Bay Residence 1A, St. Georges
Price: $3,455,800
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St. Georges, Bermuda
Condo Hotel
Property Reference:
clba_10840 - #35434

Property Description

Gates Bay Residences are currently under construction with an estimated completion for 2023. Purchasers have the option of furnished or unfurnished residences, subject to price variance. Purchasers have access to all the resort amenities and will automatically receive free golf membership, 10% off on any food/beverages/ room rates, and gain additional benefits with Marriott properties worldwide. There is an option of a property management program (the hotel rental program) and those who participate in it are exempt from land tax for ten years and the landholding license fee of 6.5%. Gate's Bay, Residence 1A is available to local and international purchasers.

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Price: $3,455,800

Coldwell Banker Bermuda Realty

Morston Financial
Buy this property for $17,097 pcm

To find out more about mortgages through Morston Financial, contact us today at mortgages@morstonfinancial.com or visit our website at morstonfinancial.com

Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 7.00%, 30% deposit over a 25 year period.

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