Newfoundland fractional condos ready for launch

Marble Inn fractional condoThe Marble Inn Resort in Steady Brook, Newfoundland, is ready to start sales on a block of 38 fractional ownership apartments.

Set between the Humber River and Marble Mountain, phase 1 of the Marble Inn Resort condominiums has been completed, while phase 2 – 14 luxury suites, expansion of the restaurant, the addition of a new cafe and enhancement of pool and spa facilities – is scheduled for completion by December.

Buyers will be enrolled in to the Intrawest Resort 2 Resort exchange program, while Newfoundland and Labrador buyers are eligible to receive a 45 per cent rebate under the Resort Property Investment Tax Credit programme.

Developer Joe Dicks said: “Great consideration has been taken in creating an offering that will enable our owners to maximize their personal enjoyment in their real estate investment. We have partnered with one of the top vacation sharing groups enabling our homeowners the choice to enjoy their suite at Marble Inn or use their vacation credits to discover some of the most exciting vacation destinations in North America. In addition, our policy of no expenses or fees for five years and guaranteed rental revenue creates a very compelling real estate offering.”





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