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August 26, 2009

The Reefs Club Opens To Rave Reviews

By Pardhasaradhi Gonuguntla

The Reefs Club, Bermuda’s highly anticipated private residence club, is now open and has already welcomed several enthusiastic owners. The luxurious, shared ownership property is one of the few ways foreigners may purchase a Bermuda vacation home. Strict government regulations have limited the sale of whole ownership real estate to non-Bermudians, paving the way for the sensible, convenient ownership The Reefs Club offers.

“It’s been tremendously gratifying to finally welcome owners to The Reefs Club and see how it has lived up to their very high expectations,” reports David Dodwell, president of The Reefs Club. “The response has been fantastic, and we enjoy witnessing positive, first-time reactions from our owners.”

Steve Comeau, an owner at The Reefs Club, recently vacationed at the new property. “For those considering a fractional residence, it all comes down to the math,” he explains. “Take the best services of a five-star hotel, plus all the space and amenities of a beautiful new home, minus 1000 headaches. Then, put it in Bermuda.”

“The Reefs Club is even better and more beautiful than we expected,” comments owner Paula Ganzi. “No details were missed to make this spacious, fully equipped residence luxurious….We have vacationed in Bermuda for over 25 years, and now we are so happy to have our own place to enjoy as often as we can. This is a dream come true for us, our family, and our friends!”

Another owner of The Reefs Club, Rudy Valli, adds, “A vacation home at the top of The Reefs Club brings Bermuda to a whole new level.”

Sharing a spectacular private pink-sand beach with Bermuda’s most award-winning hotel, The Reefs Club offers the same exceptional service for which The Reefs has long been renowned. Club owners enjoy exclusive amenities, including an infinity-edge pool, rooftop putting green with Atlantic views, state-of-the-art fitness center, and owners’ lounge. The Reefs’ three fine restaurants, for which owners may purchase meal plans, are shared by both properties, as is the new La Serena Spa.

The Reefs Club maintains the hotel’s intimacy by offering just 19 two- and three-bedroom residences, all with unobstructed ocean views and private hot tubs on the verandas. Residences are furnished in contemporary Bermudian style and feature amenities such as flat screen televisions, spa bathrooms, and gourmet kitchens. One-tenth ownership starts at $350,000, providing owners flexible and generous use.

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