A new fractional on St John in the Virgin Islands was just announced.

St. John, U.S.V.I. (August 1st, 2008) - St. Barth’s highly acclaimed Isle de France Club will welcome in 2009 a seaside sister club on St. John: Pond Bay. Boasting the highest levels of service and exclusive amenities, Pond Bay will feature a 14,000 square-foot full-service spa by internationally acclaimed spa company ESPA, making it the island’s only destination spa.

Pond Bay is located on 15+ acres of beachfront property overlooking the crystal blue waters of Chocolate Bay on the southwest coast of St. John. Just a five-minute drive from Cruz Bay, Pond Bay is a short ferry ride from St. Thomas (Red Hook Bay). The island of St. John maintains an idyllic tranquility while simultaneously offering a wide range of dining opportunities and extraordinary shopping.

When the 50 exquisitely furnished three bedroom cottages and villas are completed, Pond Bay will rival the Caribbean’s finest resorts, boasting six-star service and exclusive amenities and the seamless service that has made Isle de France one of the world’s preeminent boutique properties.

Pond Bay has been designed as an intimate village basking in a blend of tropical West Indian elegance with the best of today’s design world. Thoughtfully landscaped to ensure ample privacy, the Villas are located on 15+ acres of beachfront property lapped by the crystal blue waters of Chocolate Hole and bordered by the calm serenity of a natural pond. The Villas have been created to keep the sea a constant visual companion.

The villas are being sold as deeded fractional ownership interests with each owner receiving 4 weeks of guaranteed use plus additional space available use each year. Through limited fractional ownership, Pond Bay owners have generous use of luxurious accommodations as well as extensive resort amenities and services. Furthermore, owners can avoid the financial burden and logistical problems often associated with second home ownership. With its extraordinary location on one of the island’s most coveted beachfront properties, Pond Bay also provides owners with a valuable real estate asset that can be resold or transferred at any time.

Pond Bay Ownerships starting at $315,000