Hashtag: #BermudaRealEstate

May 7: Info Session On Real Estate AML Audits

May 7: Info Session On Real Estate AML Audits

The Bermuda Chamber of Commerce will host a Lunch and Learn Information Session for Real Estate Brokers regarding Independent AML Audits, to be held on-site in the Chamber Boardroom on Tuesday May 7, from 12:30pm – 1:30pm. The session presented by Ann Daniels, Senior Consultant at Oyster Consulting will be focused on ensuring Brokers know what is... Read more of this article

Photos: Contemporary Luxury Property For Sale

Photos: Contemporary Luxury Property For Sale

A new luxury property is on the market, with the ‘The Residence’ now available for sale in Hamilton parish; sitting on 5.5 acres of land and offering an exceptional array of amenities. Rego Sotheby’s International Realty said, “The opportunity to own the very best of Bermuda’s beachfront scenery is encapsulated at the newly constructed... Read more of this article

Tucker’s Point Relaunch Sales At Harbour Court

Tucker’s Point Relaunch Sales At Harbour Court

Tucker’s Point is unveiling the newly renovated Harbour Court Private Residences and releasing their last remaining developer’s inventory for sale, with prices for  1/10 deeded fractional interests starting at $199,000. “The luxury residence club is now 70 percent sold out, and after the success of its spring 2019 campaign offering a first... Read more of this article

‘Bermuda Style’ Homes For Sale In US For $4/5M

‘Bermuda Style’ Homes For Sale In US For $4/5M

A property billed as being ‘Bermuda style’ is for sale in Palm Beach, Florida, with the 4,130 square foot luxury home priced at $5,395,000, while another property in the area also described as ‘Bermuda style’ is selling for $4.3 million. The $5.3 million home:The real estate listing on Luxury Portfolio for the property above said,... Read more of this article

Green Family Purchase Former HSBC Building

Green Family Purchase Former HSBC Building

The Green family have completed the purchase of the former HSBC Building on Front Street in Hamilton, and said the property will be “comprehensively renovated and renamed Point House.” The Green Family — who also own the Hamilton Princess — said the plan is to make the building “more visually attractive,” with the... Read more of this article

Land Title Registration Office Closed From 12-3

Land Title Registration Office Closed From 12-3

The Ministry of Public Works is advising that the Land Title Registration Office will be closed today, 28 March, from 12.00 pm until 3:00 pm. Related StoriesMontserrat Customs & Revenue Visit Bermuda Realtors Brokers Licensing Act Now In Effect Diane Elliott: Working To Help Value Bermuda Govt Issue RFP For Co-Working Space Design Chief... Read more of this article

Housing Trust Audited Financial Statements

Housing Trust Audited Financial Statements

Minister of Public Works Lt/Col David Burch tabled the Bermuda Housing Trust Audited Financial Statements for the year 2017/18 [PDF] in the House of Assembly today [March 13], noting that “not only are they up-to-date in their annual audits but are also in a healthy financial position.” “This is no accident – but can be attributed... Read more of this article

Aunt Nea’s Inn For Sale, Open House To Be Held

Aunt Nea’s Inn For Sale, Open House To Be Held

This Saturday [March 9] there will be an open house at the historic Aunt Nea’s Inn in St George’s, with the guest house having been listed for sale at a price of $2,995,000. In describing the property, the sales agent said, “Built in 1791, historic Aunt Nea’s Inn represents a unique opportunity to invest in Bermuda’s growing tourism... Read more of this article

Photos: Luxury Property ‘Aragon’ For Sale

Photos: Luxury Property ‘Aragon’ For Sale

Aragon — a luxury 4-bedroom, 5 bath property on Trimingham Hill in Paget — is for sale at $5,250,000. An RSIR spokesperson said, “Sitting atop the highly sought-after Trimingham Hill in Paget is the significantly redeveloped 4-bedroom, 5 bath home known as Aragon. “Rego Sotheby’s International Realty introduces the sophisticated... Read more of this article

Consider Taxing Multiple Units Over $90K ARV

Consider Taxing Multiple Units Over $90K ARV

Individuals or companies who own multiple rental units in aggregate at or above the $90,000 ARV “should be taxed at the 5% rate,” Citizens Uprooting Racism in Bermuda [CURB] said, as this would “bring about a greater wealth redistribution and have those who are in a wealthier position pay a fairer share of the tax burden.” Minister... Read more of this article

Proposed Delisting: Hureka House In St David’s

Proposed Delisting: Hureka House In St David’s

The Ministry has proposed the delisting of a building of ‘Special Architectural and Historical Interest,’ noting that the wooden cottage in St. David’s has been deteriorating and is “now beyond repair.” This is according to a recent Official Government Notice, as the Minister “must before removing the historic monument... Read more of this article

Minister: No Residential Rental Tax In Budget

Minister: No Residential Rental Tax In Budget

[Updated] Finance Minister Curtis Dickinson has reportedly announced that the proposed residential rental tax that was in the pre-budget report will not be included in the 2019/20 budget. This follows after Government’s statement released earlier today which said that a number of people have contacted Consumer Affairs about the proposed tax,... Read more of this article

Govt: No Decision Made On Proposed Rental Tax

Govt: No Decision Made On Proposed Rental Tax

[Updated] Due to a number of people contacting Consumer Affairs saying that their landlord informed them “their rent will be increased due to the new tax,” the Government noted that while the proposal was contained in the Pre-Budget Report “no decision has been made by the Government to implement it at this time.” The Government’s... Read more of this article