Hashtag: #BermudaRealEstate

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

Lawyer Mathew Kelly Offering Free Legal Clinic

Lawyer Mathew Kelly Offering Free Legal Clinic

Mathew Kelly, a director of Chancery Legal Ltd has volunteered to offer a free legal clinic to answer questions relating to real estate matters. Mr Kelly is a property attorney with over 15 years’ experience and is well known in the real estate market in Bermuda. “The clinic will be available to all regardless of their means. This is designed to... Read more of this article

Casling, Card & Mayes Receive RSIR Awards

Casling, Card & Mayes Receive RSIR Awards

Two veteran real estate professionals and one newcomer at Rego Sotheby’s International Realty [RSIR] received special recognition for their exceptional 2016 performance. The awards, held annually, went to Residential Sales Associate Rhonda Casling, Residential Rental Associate Helen Card and Agency Administrator Kristine Mayes for their contributions... Read more of this article

Grand Atlantic RFP Selection Process Complete

Grand Atlantic RFP Selection Process Complete

The Ministry of Public Works, on behalf of the Bermuda Housing Corporation [BHC], announced that the “selection process as it relates to the Grand Atlantic Condominium - Request for Proposal [RFP] has been completed.” Grand Atlantic was planned as a housing development, however only one unit sold in the first six months, and in 2014 the... Read more of this article

Redevelopment Into Emergency Housing Centre

Redevelopment Into Emergency Housing Centre

Cabinet has approved the proposed redevelopment of the Bishop Spencer site into a new Emergency Housing Centre operated by the Salvation Army, and also approved the negotiation of a lease arrangement with the Salvation Army with the rent set at $1.00 per annum. This was stated by Public Works Minister Craig Cannonier in reply to Parliamentary Questions... Read more of this article

Cove Named One Of “10 Exceptional Condos”

Cove Named One Of “10 Exceptional Condos”

The Cove — the planned development at Morgan’s Point — was featured by Keith Flamer of Forbes lifestyle as one of the “10 Exceptional Condos To Watch In 2017″. The report said, “The Cove, a Ritz-Carlton Reserve Residence in Southampton, Bermuda is the first phase of the island’s largest mixed-use development ever—Caroline... Read more of this article

Caroline Bay Launches Sales, Starts At $2.5M

Caroline Bay Launches Sales, Starts At $2.5M

Morgan’s Point Ltd., the developer of Caroline Bay, Bermuda announced that they have launched sales for The Cove, a Ritz-Carlton Reserve Residence, with prices starting at $2.5 million. “The first phase of the destination – which is located in the west end of the island, on the peninsula formerly known as Morgan’s Point in Southampton and... Read more of this article

‘Unlocking Property’s Potential: Vacation Rentals’

‘Unlocking Property’s Potential: Vacation Rentals’

The PLP will be hosting the first of their Economic Empowerment Series sessions this Thursday evening [Jan 26], with a panel discussion on “Unlocking Your Property’s Potential: Vacation Rentals” to be held at the Prospect Primary School auditorium.A spokesperson said, “The PLP will be hosting a Panel Discussion & Forum... Read more of this article

9 Beaches Occupants Being Evicted Today

9 Beaches Occupants Being Evicted Today

[Updated] The Police, Bermuda Fire & Rescue Service, and BELCO are on scene this afternoon at the 9 Beaches property in the west end, and it appears that evictions are taking place. Further details are limited at this time, however we update as able. Update 1.37pm: A BLDC spokesperson said, “Bermuda Land Development Company Limited [BLDC]... Read more of this article

Clarien & BHC Offering Mortgage Programme

Clarien & BHC Offering Mortgage Programme

Clarien Bank and the Bermuda Housing Corporation [BHC] announced they are to “partner in an innovative new programme to enable more Bermudians to own their own homes.” “Under the HomeStart programme, Clarien is making $25 million worth of new mortgages available with up to 100% financing available to existing BHC tenants or clients... Read more of this article

Coldwell Banker Real Estate Market Update

Coldwell Banker Real Estate Market Update

“Demonstrations and political unrest throughout the 2016 calendar year have caused some potential purchasers [both Bermudian and Non Bermudians] to reconsider their desire to make such a huge financial investment in Bermuda,” Coldwell Banker Bermuda Realty said.In their latest real estate sales market update, the company said, “In... Read more of this article

Real Estate Staff Transition To Full-Time Agents

Real Estate Staff Transition To Full-Time Agents

Rego Sotheby’s International Realty [RSIR] recently experienced the cultivation of its next generation of agents, as four members of their administrative staff transition into becoming full time real estate agents in various areas across the company. Two new agents have evolved within the company’s Rentals and Property Management Department,... Read more of this article

BLDC: Eviction At 9 Beaches Set For January

BLDC: Eviction At 9 Beaches Set For January

Noting the proximity of Christmas, the Bermuda Land Development Company [BLDC] said they intend to request that the Bailiff execute the eviction writ at 9 Beaches on January 6, 2017, and added that the BLDC “will turn the electricity back on until that date at its own cost.”A spokesperson said, “Due to the proximity of Christmas... Read more of this article