Tag: #BermudaRealEstate

Sheen: Setting Your Real Estate Selling Price

Sheen: Setting Your Real Estate Selling Price

[Written by real estate agent Kim Sheen] If you’re selling or renting your house, one of the first steps you’ll take is setting an asking price, a maneuver that requires the ability to find the perfect balance between attracting solid offers and ultimately receiving top dollar. If you’re working with a Real Estate Professional, you’ll... Read more of this article

America’s Cup Team Moving Into Grand Atlantic

America’s Cup Team Moving Into Grand Atlantic

Team Oracle — which is due to be housed in the Dockyard area which is presently under construction — will move into the Grand Atlantic development starting in April for approximately three months, the Government announced today [Mar 27]. A spokesperson said, “The Bermuda Housing Corporation [BHC], in conjunction with the Bermudiana... Read more of this article

Morgan’s Point Submits First Phase To Planning

Morgan’s Point Submits First Phase To Planning

Morgan’s Point Ltd. – the company developing a hotel and residential complex in Southampton —  announced that plans for the first phase of the development, including an Environmental Impact Study [EIS], have been submitted to the Department of Planning. The company said the plans include an “ultra high-end 84-room hotel, a marina... Read more of this article

Minister Outlines Immigration Amendment Act

Minister Outlines Immigration Amendment Act

Minister of Home Affairs, Sen. Michael Fahy today [Mar 21] provided clarification regarding the Bermuda Immigration and Protection Act Amendment Bill to be debated on Wednesday, March 25, 2015 in the Senate. Outlining the intent of the Bill, Minister Fahy noted:‎1. The bill will lower the minimum Annual Rental Value [ARV] from $177k to $153k for... Read more of this article

Parliamentarians Discuss $9M Grand Atlantic Fee

Parliamentarians Discuss $9M Grand Atlantic Fee

[Updated] Public Works Minister Craig Cannonier told the House of Assembly the developer will be paying $9 million over four years for the Grand Atlantic Development. “The Grand Atlantic loan balance currently stands at $36.7 million,” Minister Cannonier said. “It is anticipated that the agreement with the new developers for Grand... Read more of this article

Update On Plans For Grand Atlantic Development

Update On Plans For Grand Atlantic Development

The Government announced that the Bermudiana Beach Resort development team lead partner, MacLellan and Associates, has provided them “with a Memorandum of Understanding Presentation Pack which provides documentation for the specified conditions set forth in their agreement to acquire the development property currently known as Grand Atlantic.” Last... Read more of this article

BuzzFeed Features Island’s Unfinished Church

BuzzFeed Features Island’s Unfinished Church

Popular social trend website BuzzFeed has featured St. George’s historic Unfinished Church in a post titled “The 28 Most Beautiful Abandoned Churches Around The World,” calling the properties “hauntingly gorgeous.” Other churches featured on the list include structures in Russia, Maui, Ireland, Italy, the United States,... Read more of this article

New Residential Valuation List Being Prepared

New Residential Valuation List Being Prepared

The Land Valuation Department said they “would like to advise the public that under the provisions of the Land Valuation and Tax Act 1967, a new Valuation List is required to be prepared to take account of changes in rental levels throughout the Island since the current Valuation List was last prepared on 31st December 2009.” “The... Read more of this article

“Clifton” Listed For Rent At $15,000 Per Month

“Clifton” Listed For Rent At $15,000 Per Month

Clifton — which is the Premier’s “official residence” — is listed for rent on the Coldwell banker website, with the monthly rent for the 5 bedroom, 3 bath property set at $15,000, with the listing saying the residence will be available in April. Screenshot of the rental listing:The rental listing described the Devonshire... Read more of this article

Videos/Renderings: Morgan’s Point Development

Videos/Renderings: Morgan’s Point Development

[Updated with more videos] The Morgan’s Point developers are looking to submit their plans next month, commence building in June and complete the resort in early 2017, Morgan’s Point CEO Craig Christensen told the audience at a Town Hall held last night [Feb 24] in Southampton. The developers of the Morgan’s Point Resort — which... Read more of this article


Latest Tweets From Bernews