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Newstead lures Mello from Tucker’s Point

Newstead Belmont Hills has recruited Lisa Mello as its fractional ownership sales representative.Ms Mello has joined Newstead from Tucker’s Point, where she previously worked in its real estate team.Larry Doyle, who bought Newstead last year, said: “I’m very happy that Lisa has decided to join the team. Coming from Tucker’s Point she has great experience in marketing luxury fractional ownership properties in Bermuda, which is key to reinvigorating Newstead’s sales programme and selling the remaining units so that Newstead can become the fully-owned and occupied fractional resort it was designed to be.” Newstead, which is located on Harbour Road, has a range of studio, one-bedroom, two-bedroom and three-bedroom units, which come with full membership at Belmont Hills Golf Club in Warwick. In line with moves made by the similar properties in Bermuda, prices have been discounted for a promotional period and currently start at $99,000 for a one-sixth fraction, providing the owner with eight weeks’ use each year.Bushara Bushara, general manager at Newstead, commented that he is “delighted that’s it’s been possible to bring someone of Lisa’s calibre on board” and is “excited about the future of Newstead with the growth of the fractional owner base that will follow from her recruitment”.