Hashtag: #BermudaRealEstate

RFP For ‘Project 44′ FinTech Hub In Hamilton

RFP For ‘Project 44′ FinTech Hub In Hamilton

The Government issued an addendum to the RFP for the interior design and internal renovation for the third floor of the IAS Building on Church Street in Hamilton, saying they seek submissions for “Project 44, a premier FinTech hub that has coworking spaces that meets the needs of a non-traditional sector.” The new revised timetable has a... Read more of this article

Diane Elliott: Working To Help Value Bermuda

Diane Elliott: Working To Help Value Bermuda

“We Value Bermuda” is the motto for the Department of Land Valuation — and one meant to be taken both literally and figuratively — according to Diane Elliott, who is the Director of the Department of Land Valuation. Mrs. Elliott and her team are responsible for maintaining a fair and equitable Valuation List, which forms the basis for... Read more of this article

A General Guide To Rent Control In Bermuda

A General Guide To Rent Control In Bermuda

[Written by Consumer Affairs/Rent Commission] Residential properties [single tenancy] with an annual rental value [ARV] of $22,800 or less fall under rent control and are regulated by the Rent Commission. Currently there are 17,077 valuation units that fall under rent control. This includes condominiums and townhouses. Check your ARV to find out if... Read more of this article

Govt Issue RFP For Co-Working Space Design

Govt Issue RFP For Co-Working Space Design

The Government has issued an RFP for “Architectural Interior Design and Project Management Services” for the third floor of the IAS Building on Church Street in Hamilton, which they plan to turn into cooperative working space. The Government’s procurement website said, “The Government of Bermuda is considering the most cost effective... Read more of this article

Photos: ‘Summerhill’ Home Offered At $2,995,000

Photos: ‘Summerhill’ Home Offered At $2,995,000

Rego Sotheby’s International Realty has launched the sale of ‘Summerhill,’ a luxury home in Point Shares, at a price of $2,995,000. A spokesperson said, “Summerhill is a sophisticated classic home featuring three bedrooms plus two newly renovated full bathrooms, two powder rooms and a contemporary newly built open plan gourmet kitchen.” Listing... Read more of this article

Sept 13: Real Estate Brokers Outreach Session

Sept 13: Real Estate Brokers Outreach Session

The Superintendent of Real Estate advises real estate brokers and agents that there will be an “outreach session at 1:30 p.m. on Thursday, September 13, 2018 at The Cathedral Hall, Church Street, Hamilton [directly across from Hamilton Marketplace].” “The outreach will focus on the Consolidated National Risk Assessment [NRA] results... Read more of this article

339 People Are $2.1 Million In BHC Rental Arrears

339 People Are $2.1 Million In BHC Rental Arrears

“We have 339 people who are in arrears, clients of the Bermuda Housing Corporation, as of this moment, who are in arrears to the tune of $2.1 million,” Minister of Public Works Lt/Col David Burch said, adding that many have payment plans, and “if people are prepared to work with us, then we are prepared to work with them.” The... Read more of this article

Chief Surveyor & Head of Public Lands, Buildings

Chief Surveyor & Head of Public Lands, Buildings

As Chief Surveyor and Head of Public Lands and Buildings, Chris Farrow has responsibility for managing the Government estate of over 2,000 acres and some 751 buildings, and this task incorporates a number of related genres including building surveying, facilities management, geomatics, project management, valuation, quantity surveying and more. Mr Farrow’s... Read more of this article

Column: Project Will Create Opportunities

Column: Project Will Create Opportunities

[Opinion column written by Junior Minister for Tourism Senator Crystal Caesar] Recently, the Government began a legislative process that will see the Grand Atlantic transformed into Bermuda’s next hotel property. This project, which will be known as the Bermudiana Beach Resort, creates a tremendous set of opportunities for Bermudians and Bermuda... Read more of this article

Rhonda Casling Celebrates 20th Anniversary

Rhonda Casling Celebrates 20th Anniversary

Local real estate professional Rhonda Casling is celebrating her 20th anniversary in the business, and Rego Sotheby’s International Realty said they “celebrate the success of her career, her determination and dedication to excellence.”“The inspiration behind my career is Louis Glickman’s quote, ‘The best investment on earth... Read more of this article

Audio: BHC/Grand Atlantic Discussion In Senate

Audio: BHC/Grand Atlantic Discussion In Senate

The Bermuda Housing Amendment Act 2018 — which relates to the Grand Atlantic development — passed in the Senate this week, with the Bill having already passed in the House. The Bill seeks to amend the Bermuda Housing Act 1980 in relation to the powers of the Bermuda Housing Corporation to “provide statutory exemptions from stamp duty... Read more of this article

Questions Answered On Land Title Registration

Questions Answered On Land Title Registration

[Written by attorney Francesca Fox] The Land Title Registration Act, 2011 comes into full effect this month and the Land Title Registry Office [LTRO] will begin accepting applications to register land on 27 August. What is Land Title Registration? It is the creation by Government of a public register of land ownership in Bermuda. It is intended to provide... Read more of this article

Govt Issue Real Estate Licensing Advisory

Govt Issue Real Estate Licensing Advisory

The Superintendent of Real Estate is advising all real estate brokers and agents of the following:“The receipt of real estate licence renewal applications will commence on Wednesday, 15 August 2018.“A ‘How to Apply for a Real Estate License Guide’ is available on the government portal at www.gov.bm.“The Superintendent wishes... Read more of this article