Marble Inn Resort Brings Fractional Real Estate Ownership To Newfoundland
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Marble Inn Resort Brings Fractional Real Estate Ownership To Newfoundland

Marble Inn Resort, Western Newfoundland’s newest four star resort adds a new dimension to the Tourism industry in Newfoundland and Labrador, Canada. Nestled between the Humber River and Marble Mountain, Phase one of 38 new luxury Condominiums has been completed. Expansion of the existing Inn is now underway. This phase of 14 luxury suites, expansion of Madison’s Restaurant, the addition of a new cafe and enhancement of pool and spa facilities is scheduled for completion by December, 2012.

As an innovator in the Industry, Marble Inn Resort will be launching the first fractional ownership model in the province. Construction is well under way and sales for these prized resort suites will open October 15th 2012. Marble Inn Resort will improve visitation to the entire region by accessing thousands of resort condo owners from around the world through the Intrawest Resort 2 Resort exchange program. [member]

Newfoundland and Labrador housebuyers Austin are eligible to receive a 45% rebate under the Resort Property Investment Tax Credit program. As an example, this brings the final purchase price of a $70,000 suite down to $38,500. Individuals can receive a rebate cheque of up to $150,000. Prices will start in the mid sixty thousands.

In addition to the unique ownership model and tax credit, owners at Marble Inn Resort can participate in a renowned vacation sharing program allowing them to trade the time in their suite for vacation lodging across North America. Joe Dicks, CEO Marble Inn Resort “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.”

The suites will be complete by mid December 2012. Marble Inn Resort offers guests and homeowners incredible recreational experiences right outside their door; from stellar skiing on the slopes of Marble Mountain to salmon fishing in the Humber River. In addition, amenities at the resort include an indoor heated pool and sauna, water-sports rentals, casual dining as well as inspired contemporary fine dining. [/member]

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