Photo Credit: Bermudiana Beach Resort
If you're looking for an investment property and do not know where to start, you might want to give Bermuda a look. Slated to open in June 2020, Bermudiana Beach Resort is the latest development that needs to be on your radar. The oceanfront development is Bermuda’s first branded hotel residential development and part of the Tapestry Collection by Hilton.
On Bermuda’s gorgeous South Shore, Bermudiana Beach Resort is made up of 90 fully-furnished, fully-managed hotel residences across 9 buildings with 5 property configurations ranging from studios to three-bedroom properties, that transform into 6 hotel room types.
The residences are for sale on a 999-year leasehold condominium basis and, under the terms of the lease, owners are able to occupy them for up to 90 days each year. Each residence has a relaxing living and dining area, and a luxurious kitchen. The units hold four to 8 people and most have full or partial south-facing views of the ocean. All have rooms have a terrace or balcony.
Bermudiana Beach Resort maintained traditional Bermudian design with its environmentally-friendly architecture, durable roofing, and solid masonry exterior walls in classic bright blue, yellow and pink hues.
Buyers at Bermudiana Beach Resort will have access to various amenities, including a cliff-top infinity pool and bar, a restaurant, a spa, a hotel reception area, and an additional swimming pool for children. A two-car funicular elevator will take guests to the pink-sand beach below.
Photo Credit: Bermudiana Beach Resort
If an owner decides to rent their condos out, there is a rental program and condos can be transformed into 6 different hotel room and suite styles.
Bermudiana Beach Resort is part of Tapestry Collection by Hilton. This gives the resort access to Hilton’s 24/7 global reservations and sales system and the Hilton Honors loyalty program. Residences that opt in to the rental program are maintained to resort quality standard.
Coldwell Banker Bermuda Realty President and CEO, Brian Madeiros, says “With Bermuda being only a two-hour flight from America’s East Coast Bermudiana Beach Resort is an attractive option for Americans and ex-pat Bermudians looking for an affordable vacation home in Bermuda.”
Prices start at $415,000 for studios, $465,000 for one-bedroom condos, $558,00 for two- bedroom condos and $750,000 for three-bedroom condos.
