Tag: Bermuda real estate
HSBC To Host Free Seminars For Home Buyers
All interested home buyers are invited to a series of free seminars designed to update members of the public on ‘good deals’ in the real estate market, types of financing and legal services available and what to expect from planning for to securing a new home. Presentations will be held on 20 & 27 June from 5:30 – 8:00 p.m. at the HSBC Harbourview... Read more of this article
West Hamilton Holdings 2012 Year End Report
In a filing with the Bermuda Stock Exchange, West Hamilton Holdings Ltd. released their 2012 year-end results showing anet operating income of $716,293 in 2012, compared with $633,130 in 2011, an increase of $83,163 or 13.14%. In the Chairman’s letter to shareholders, the Company stated: “During 2012, the commercial real estate sector continued... Read more of this article
BEST Objects: More Grand Atlantic Development
The Bermuda Environmental Sustainability Taskforce [BEST] said they are aware of an application to further develop the Grand Atlantic site in Warwick, with the plan calling for 52 one-bedroom units in three 2-storey buildings with parking for 71 cars and 53 bikes. “Residents in the area and just about everyone who has passed by the the newly-built... Read more of this article
Grand Atlantic Property: 5 Proposals Submitted
Five proposals for the use of the Grand Atlantic property were received covering tourism use, senior residential use, and mixed use, Minister Wayne Scott said today [June 7] in the House of Assembly. The Government had earlier solicited [PDF] of requests for information from investors and potential buyers, local and international, for the 78-unit... Read more of this article
Video & Photos: Waterloo House Roof Wetting
A traditional Bermuda roof wetting ceremony was held at the new Waterloo House office and apartment building on Pitts Bay Road this afternoon [May 22] with developers the Green family and Premier Craig Cannonier in attendance. Built on the site of the old Waterloo House hotel which closed in 2008, representatives of the various design, construction... Read more of this article
Six Tips On Avoiding Real Estate Scams
Following a news story about a young mother being scammed of more than $2,000 for a real estate transaction, local real estate agent Tamika Todd of Platinum Realty gave some advice about avoiding fraudulent tactics. The six tips follow below. TIP #1 – Beware of any heavily under-priced (discounted) rentals. The property in question was a 2-bedroom... Read more of this article
Rego Sotheby’s 2012 Agent Recognition Awards
Rego Sotheby’s International Realty announced the winners of the 2012 Agent Recognition Awards. Agent Rhonda Casling received two awards as ‘Top Sales Performance & Service Agent’ and ‘Exceptional Listing Agent’. “When asked what I feel contributed to my success this past year I had to take a breath and look back. Frankly, I have... Read more of this article
Green Family Buy Former Sonesta Property
The Green Family announced that, effective today [Mar 18], they have purchased the Southampton Beach Resort [formerly Sonesta Beach Hotel] from a U.S.-based financial institution. The Family intends to now review and analyse the previous plans for the South Shore site, as developed by Southampton Beach Resort, and will in due course meet with Government,... Read more of this article
OBA: “PLP Blaming Anyone But Themselves”
The One Bermuda Alliance responded to Shadow Works Minister Michael Weeks statement that the OBA contributed to the slow sales of the Grand Atlantic Condos saying his statement is “one more example of his party blaming anyone but themselves for failures that they should simply own up to.” The 78-unit Grand Atlantic Development is located... Read more of this article
Grand Atlantic Condos: “Take A Step Back”
Saying that the Government must consider the consequences of putting 78 units on a housing market which already has a surplus of empty apartments, Minister Wayne Scott said the Government has concluded that the “only responsible thing to do is to take a step back before any further decisions are made.” The Grand Atlantic Development is located... Read more of this article
