A one-bedroom top floor suite, measuring approximately 1,100 square feet, is available for fractional ownership at Newstead Belmont Hills Resort. The unit, which looks across the harbor to the town of Hamilton, is comprised of a spacious bedroom with a 12 foot ceiling and is furnished with a king-size bed, a large master bath with a walk in shower and separate Jacuzzi tub, a living room with a queen-size sleeper sofa, a separate dining room with a table and six chairs, a fully equipped kitchen with granite counter top, dishwasher, stovetop, separate combination convection and microwave wall oven, and refrigerator. In addition, there is a guest powder room. Outside, a balcony area extends across the entire unit, is accessible from both the bedroom and the living room, and is divided into an open area for sunbathing and a covered area with a dining table and chairs, all with a panoramic water view Resort amenities include two restaurants, spa, tennis courts, an infinity pool and hot tub, and a pool bar. Ownership includes membership in the Belmont Hills golf club and there is a shuttle to the beaches on the south shore. A private ferry to Hamilton, in service from early morning into the evening, takes residents into town for business, shopping, or dining. Fractional ownership gives you access to your unit for 2 weeks each calendar quarter, on a rotating basis, for a total of 8 weeks a year. Price - $220,000.
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Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 5.25%, 30% deposit over a 25 year period.