2 Bed Fractional Condo For Sale in Paget - Real estate in Bermuda

HSBC Bank Bermuda

2 Bed Fractional Condo For Sale in Paget

Newstead Belmont Hills Unit 650 & 651, Paget
Price: $175,000
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Half Baths:
Paget, Bermuda
Fractional Condo
Property Reference:
reg_PG1090 - #30068

Property Description

This unique all-suite property sets itself apart by blending magnificent resort amenities with the personalized service of an intimate boutique hotel. You have the flexibility to occupy as a 2 bedrooms unit, or two 1-bedroom units eight weeks out of the year. Owners purchase gives them 1/6th interest in the unit, the deed is fully transferable and allows the owner 8 weeks of usage per annum in 2 weeks increments, 4 times per year based on a fixed rotating schedule. The unit features a balcony which overlooks the water providing breathtaking views of Hamilton Harbour. Having open plan kitchen, dining and living room, the two bedrooms have bath ensuite with a separate powder room, flat screen TV and internet access. There is a beautiful Spa on site and an excellent restaurant featuring some of the finest cuisine in Bermuda. When not in use by the owners the unit is put into the Belmont Hotel rental pool, of which the hotel retains 60% and the vendor receives 40% of the rental fee. Newstead’s private ferry gives one easy excess to the City of Hamilton, for business, shopping or going to lunch at one of the many diversified restaurants. Take a leisure strolled from your suite to the Spa or Tennis Courts. For the Golfing enthusiast the hotel shuttle will get you to the Belmont Golf Course within five minutes.

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Price: $175,000

Rego Sotheby's International Realty

Morston Financial
Buy this property for $866 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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