Leisure Investment Properties Group is pleased to offer the opportunity to acquire Newstead Belmont Hills Golf Resort & Spa in Paget, Bermuda. Offering some of the best views on the entire island, this asset is considered one of the premier boutique luxury hotel options in Bermuda, including a fully operational 60-key hospitality component, 67 fractional ownership units available for sale which equate to a value of nearly $10m based on the Listing Price (more details on pgs. 30, 31), and an 18-hole championship golf course designed by renowned architect Algie M. Pulley Jr – one of only three championship 18-hole golf options on the island that are available to the public.

Amenities include an idyllic setting overlooking Hamilton Harbor, two award-winning restaurants in Blu Bar and Grill and Aurora Ocean, resort infinity pool, luxury spa, water ferry service to and from the City of Hamilton, two lighted tennis courts, and a fully renovated fitness center. Quarterly maintenance fees account for $1.9M in revenue, room rental revenue an additional $4.45M in revenue, the golf course accounts for $1.5M in revenue, and lease income from the restaurants, spa, and cottage rental accounts for $400k in revenue.