Hashtag: #BermudaRealEstate

BLDC To Host Public Meeting About Southside

BLDC To Host Public Meeting About Southside

The BLDC will be hosting a public meeting on Thursday [April 27] from 6.15pm to 8.00pm at Clearwater Middle School. A spokesperson said, “The Bermuda Land Development Company Limited [BLDC] is holding a public consultation meeting and encourages everyone, especially residents of the St. David’s community, to attend. This will be your opportunity... Read more of this article

Villas At The Loren Being Offered From $3.8M

Villas At The Loren Being Offered From $3.8M

Bermuda’s newest luxury hotel, The Loren at Pink Beach, has officially launched the ‘Villas at The Loren’, with 3, 555 square foot villas available at a pre-sale price of $3.8 million. “As part of the boutique hotels offerings, 7 standalone Villa Residences are in the process of being constructed onsite. Starting at $4.2M completed and $3.8M... Read more of this article

RSIR Realty Offices Return To Front Street

RSIR Realty Offices Return To Front Street

Rego Sotheby’s International Realty announced the return of their offices to Front Street, which served as the base to their headquarters 68 years ago. “The Real Estate company has taken up residence in Front Street’s iconic Dickinson Building. The relocation positions the company right in center of Hamilton,” the company said. Of... Read more of this article

BTA: Opportunity ‘Bigger Than First Thought’

BTA: Opportunity ‘Bigger Than First Thought’

As many as 3,300 unoccupied residences in Bermuda could be primed for the vacation rental market, according to a figure was revealed at the first of four Airbnb-Bermuda Tourism Authority vacation rental information sessions last night. “This is the first piece of raw data that helps quantify the size and scope of the vacation rental opportunity in... Read more of this article

Airbnb Information Sessions Set For This Week

Airbnb Information Sessions Set For This Week

Airbnb officials arrive in Bermuda this week to present information about growing the vacation rental market on the island. It’s one of the first steps in a Memorandum of Understanding the company signed with the Bermuda Tourism Authority one month ago. “The Bermuda Tourism Authority entered into a partnership with Airbnb to build on the island’s... Read more of this article

Billionaire’s Former Bermuda House On Market

Billionaire’s Former Bermuda House On Market

The former home of Canadian billionaire K.C. Irving — who is said to have moved to Bermuda in the 1970s to avoid death taxes – is up for sale, with an asking price of $1.9 million. At the time of his death, in 1992, the New York Times reported that the Canadian billionaire had a “vast oil and timber empire that shaped the economy... Read more of this article

Bermuda-Style House Wins Award In Florida

Bermuda-Style House Wins Award In Florida

A ‘Bermuda-style’ house built in Florida won the annual Elizabeth L. and John H. Schuler Award from the Preservation Foundation of Palm Beach, according to the Palm Beach Daily News. The story said “A new Palm Beach house designed to look as if it might have been built decades ago and expanded over the years has been recognized with the... Read more of this article

Column: Common Legal Issues With Property

Column: Common Legal Issues With Property

[Written by Mathew Kelly] At the property legal clinic I held throughout March, I heard a range of issues from people who attended. Interestingly I found that many people raised the same two issues, namely lost title deeds and conflicts involving parental property. These two problems cannot be easily fixed, yet they can be easily avoided. I suspect... Read more of this article

Caroline Bay Residences For Sale From $2.5M

Caroline Bay Residences For Sale From $2.5M

Coldwell Banker Caroline Bay officially launched their local marketing strategy on 4th April 2017 and have introduce the first phase of the Caroline Bay, Bermuda development – The Cove, a Ritz Carlton Reserve Residence. “The initial phase is well under construction, situated directly on the beach and offering buyers the choice of 2 and 3... Read more of this article

Minister: No Intention Of Bringing Heavy Taxation

Minister: No Intention Of Bringing Heavy Taxation

Tourism, Transport and Municipalities Minister Michael Fahy believes “there will be significant growth in the vacation rentals and home stay market not just through AirBnB, but also through other organisations that promote tourism alternatives to hotels,” adding that “the Government has no intention of bringing heavy taxation to the... Read more of this article

‘Airbnb Arrangement Merits Close Examination’

‘Airbnb Arrangement Merits Close Examination’

“We welcome this new agreement for the positives that could be generated for Bermuda,” Shadow Tourism Minister Jamahl Simmons said, adding that “with Bermuda’s history of promoting monopolies as well as over-regulating and over- taxing new, competitive and innovative entrepreneurial enterprises, this new arrangement between the BTA... Read more of this article

Column: It Will Never Lose Its Value?

Column: It Will Never Lose Its Value?

[Opinion column written by Larry Burchall] Samuel Clemens – better known as Mark Twain and one of Bermuda’s early tourists – once said: “Buy land, they’re not making it anymore.” For Bermudians, that statement and investor sentiment was Bermudian-ized to “Buy a piece of the rock, it’ll never lose its value.” Until 2008, in Bermuda... Read more of this article

BTA Signs “Major” Agreement With Airbnb

BTA Signs “Major” Agreement With Airbnb

[Updated with video] The Bermuda Tourism Authority [BTA] and Airbnb have signed a “major agreement that will help to promote Bermuda as a world-class destination for leisure, group travel and tourism investment.” A spokesperson said, “This partnership will also create a framework that opens a dialogue between the Government of Bermuda... Read more of this article