Hashtag: #BermudaRealEstate

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

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