Advantages for carefree Bermuda living

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The Reefs Club Owners' Lounge

Fractionally priced, fully luxurious oceanfront residences in a world-class destination — Bermuda.

It’s the smart way to own a Bermuda vacation home. That’s what The Reefs Club owners are saying. Discover carefree Bermuda living by learning the nine distinct advantages of ownership.

Luxury living without the luxury price

Worldwide, luxury beachfront vacation homes cost millions. Even those who can afford these homes find it difficult to rationalize the cost when compared to personal use. The Reefs Club pricing is aligned with today’s lifestyle and vacation home usage. 

Save on taxes and fees

Foreign ownership of traditional Bermuda vacation homes is limited and tightly regulated by the Bermuda government. Prices start in the millions and are subject to a 25% government fee (tax).   

 

Condominiums at The Reefs Club, a fractional ownership property, incur a government fee of only 6.5%. Owning a condo at The Reefs Club could cost significantly less than what you would pay in taxes alone on a traditional Bermuda home.

Reduced operating costs

Maintaining a beachfront vacation home is daunting and expensive. However, maintenance and operating costs are shared among Reefs Club owners, reducing them to a fraction of traditional home costs.

No worry maintenance

One of the biggest drawbacks of owning a traditional vacation home is the responsibility for maintenance and repair work. The Reefs Club’s professional staff handles all the cleaning, maintenance, upkeep, security and even ensures tax payments are made on time. Owning Bermuda real estate couldn't be easier.

Luxurious services

The Club owners have access to all of the luxurious amenities at The Reefs, Bermuda’s best hotel. Staff members and a private concierge deliver The Reefs’ signature high level of personal service to ensure you enjoy your Bermuda vacation home to the fullest.

Vacation when you want

Most second homeowners spend only a few weeks each year at their vacation residence, yet pay whole ownership pricing and maintenance. At The Reefs Club, you only pay a fraction of the whole ownership costs and can vacation whenever you want subject only to the generous reservation policy.  

Deeded property

When you become an owner, you receive a deeded title to a Club residence. You own Bermuda real estate that can be sold or bequeathed just like any other piece of real estate.

 

Enjoy other fabulous vacation destinations

A member of both The Elite Alliance and The Elite Alliance Select, Club owners can exchange stays at other prestigious private clubs at premium beach, ski, golf and urban destinations around the world.

Easily accessible from the US and Canada

Bermuda is just a quick, and often direct, flight from the East Coast of the US and Canada. Just two hours from New York and Boston, many residents say Bermuda requires less travel time than The Hamptons or The Cape. 

Every day more and more people realize that club condos perfectly fit their lifestyle. If you think this is the smart way to own your own luxurious Bermuda vacation home, contact us or call (800) 493-0724.