Harbour Court Private Residences in Bermuda
Fractional Ownership in Tucker’s Point, 5-Star Resort, from $199,000
February 8, 2019
You’ve heard me wax poetic many times about Miami’s spectacular beaches as well as those on the Gulf of Mexico in the Tampa, Clearwater area. But there’s one thing Florida’s beaches don’t have – pink sand.
That claim belongs to Bermuda, an island approximately 665 miles east-southeast of Cape Hatteras, North Carolina.
Bermuda is lined with coral reefs, which are home to red foraminifera, single-celled organisms that live in shells made of red-colored calcium carbonate.
When the foraminifera die, they fall to the ocean floor and their shells get washed to shore by the tide. Their red color gets exposed to the sun and mixes with the sand, thus giving Bermuda’s beaches their famous pink shade.
But there’s a whole lot more to Bermuda than pink sand that makes it an extraordinary place to own a vacation home. Read on for my rosy description of today’s featured property.
Fractionals at Tucker’s Point
Harbour Court Private Residences is a private residence club located within Tucker’s Point, a magnificent development consisting of 240 acres of prized waterfront land in Bermuda.
It encompasses an 18-hole championship golf course and club house, a legendary beach club with one of the island’s largest private beaches, a top-notch tennis club, a variety of restaurants, four lounge/bar venues, four swimming pools and limitless spaces to gather.
At the heart of Tucker’s Point is the 400-room Rosewood Hotel, previously sold Golf Villa Private Residences, and the Harbour Court Private Residences with fractional sales available now at greatly reduced pricing. I’ll explain why they’ve been reduced in a moment.
Harbour Court is of five-star quality. It includes two five-story buildings and one four-story building. Together they contain 14 residences offering 10 vacation intervals in each, for a total of 140 intervals. Still with me?
Of the 140 intervals, only 46 intervals remain available: 26 two-bedrooms and 20 three-bedrooms. The rest were all previously sold. The intervals are a deeded ownership opportunity that provide five weeks of usage per year with the benefit of additional flex weeks upon request and availability.
The Property’s History
As I mentioned, the fractionals are being offered at greatly reduced prices, despite having just undergone a major renovation. Here’s the back story.
In 2008, Harbour Court was built and offered for sale. Unfortunately, the timing was bad for real estate and sales were slow. By 2013, Tucker’s Point was carrying too much debt and was in need of financial restructuring. It continued to operate throughout a five-year receivership until it was purchased by a new resort owner in 2017.
Gencom bought the entire Tucker’s Point out of receivership, and by the end of 2018, completed a $25 million renovation of both the Rosewood Hotel and Harbour Court.
Now, being offered to the public for the first time by Gencom, are the remaining unsold 46 residences at Harbour Court. Gencom wishes to pay off the debt on these buildings and move ahead with greater plans for the remainder of the resort. And for that reason, today I’m able to offer you the remaining fractionals at deeply reduced prices.
Owners at Harbour Court will have access to an incredible range of amenities including:
- Private owners-only clubhouse
- Private infinity-edge pool
- Elegant billiards room with owners-only bar and storage facilities
- Personal golf cart for their exclusive use during their stay
In addition, residence owners will have access to all of the Rosewood Hotel’s and Tucker’s Point amenities, which include:
- The newly redesigned Sense®, a Rosewood spa and nail salon
- Fitness center – Technogym equipment and fitness programs
- Reflection pool
- Hotel pool
- Croquet field
- Meeting and private dining spaces
- Conservatory Bar and Lounge
- Island Brasserie, the resort’s signature restaurant
- Tucker’s Bar, a rum bar
- Beach Club – cabanas, two pools, private pink sand beach
- Beach Club Restaurant, fresh fish and seafood caught daily
- Tennis club – In partnership with Cliff Drysdale Tennis, 4 Har-Tru clay courts, pro shop, locker rooms
- Golf – 18-hole, par-70 Charles Banks Golf Course
- Golf practice facility with 10,000 sq. ft. practice area
- Golf clubhouse with casual grille and bar
- Sul Verde, Golf Clubhouse restaurant, authentic Italian cuisine
- Rosewood Explorers – daily and weekly children’s programs
Each residence is decorated in classic British seaside style with distinctive artwork, elegant fabrics and furniture.
- Open floor plans
- Soaring ceilings
- Spacious living area with gas fireplace
- Multiple flat-screen TV’s
- Separate laundry room with washer and dryer
- Gourmet kitchen with granite counters, stainless steel appliances
- Master bedroom opens onto private terrace with grill and sunbed.
- Bathrooms have double vanities, separate bath/shower, stone/wood finishes.
For an island that’s only 21 miles long, Bermuda is brimming with things to see and do. Whether you’re a history buff, art aficionado or nature lover, Bermuda has something for you.
- Bermuda Aquarium, Museum and Zoo
- Bermuda Botanical Gardens
- Bermuda National Trust Museum
- Bermuda Underwater Exploration Institute
- Crystal and Fantasy Caves
- Dockyards Maritime Museum and Commissioner’s House
- Dolphin Quest – swimming with dolphins
- Historic Town of St. George’s, a UNESCO World Heritage Site
An Accessible Location
The Tucker’s Point resort is only 2.6 miles (15 minutes) from Bermuda’s international airport with service from numerous cities along the eastern seaboard in the U.S. and Canada, as well as London, England. It’s a 2h, 40m flight from both Charlotte, NC and Miami, FL.
In addition to having flexible and generous access to your residence throughout the year, owners enjoy exchange privileges to an elite group of Residence Clubs in the U.S., Mexico, the Caribbean and Europe.
The exchange program is offered through Elite Alliance, which is continually growing its portfolio of properties.
Move-in Ready Residences
Harbour Court was originally built in 2008. All of the residences were completely renovated in 2018 and are move-in ready.
Ownership in Harbour Court is hassle-free. All maintenance, upkeep and usage are managed by the property’s own dedicated on-site staff.
As I mentioned earlier, the 46 residential intervals remaining out of the total 140 are being sold at reduced prices so that the developer can pay off the property’s debt and move onto other projects.
In pre-receivership, the two-bedroom units sold for $325,000+ and the three-bedroom units sold for $425,000+, but they are now being offered at the following low prices.
- 2 bedroom, 2 bath with large veranda, 1,850 sq. ft. $199,000
- 3 bedroom, 3 bath with large veranda, 2,180 sq. ft. $299,000
As you can see, the savings are significant, which is why this opportunity likely won’t last long. Want to know more? I have plenty of additional details. Just request my data sheet below.
Rum, Forest, Rum!
While Bermuda is best known for its pink beaches, that’s not its only claim to fame. Among its other celebrated qualities is its world-renowned rum, specifically Goslings Black Seal (80 proof), and the rum cakes in which it’s the main ingredient.
The Bermuda Rum Cake Company is the island’s micro bakery where you can find every type of rum cake imaginable from traditional rum cakes flavored with lemon and vanilla, to the classic coffee-flavored rum cake, to the Christmas rum cake that features tart cherries.
What’s not to like?
Again, if you want to know more about Harbour Court, be sure to request my Harbour Court data sheet. And if you’d prefer to feel golden sand beneath your toes rather than the pink sands of Bermuda, just let me know and I can give you a complete rum-down of the properties available in Florida.
Have a great day!
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