Hashtag: #BermudaRealEstate

15% Vacancy Rate At City Ground Floor Level

15% Vacancy Rate At City Ground Floor Level

The City of Hamilton “has a vacancy rate of 15% at ground floor level” and “we predict that this figure is likely to increase as the full and long-term impacts of the pandemic are felt. ” This is according to the recently released City of Hamilton Plan 2023 Consultative Draft which said, “Our research has found that the... Read more of this article

Minister Updates On BHC Housing Initiatives

Minister Updates On BHC Housing Initiatives

“We will not cease in our efforts to address the housing needs of Bermudians through the provision of affordable and appropriate housing initiatives,” Minister of Public Works Lt/Col David Burch said today [Dec 9] in the House of Assembly. The Minister said, “Through the Bermuda Housing Corporation [BHC] I am pleased to share the following... Read more of this article

‘Keys To The Rock’ Releases Episode 12

‘Keys To The Rock’ Releases Episode 12

Keys to the Rock [K2TR], a Bermuda real estate podcast hosted by industry professionals Daniel Woods and Ben Rego, is aiming to “educate the Bermuda public about all things real estate,” with episode 12 recently released. A spokesperson said, “Keys to the Rock [K2TR] is Bermuda’s only Real Estate podcast, hosted by industry professionals Daniel... Read more of this article

New Southampton Architectural Heritage Book

New Southampton Architectural Heritage Book

The Bermuda National Trust is launching ‘Southampton,’ the tenth and last in its Bermuda’s Architectural Heritage series. A spokesperson said, “The series, begun in 1995, covers every parish and the City of Hamilton. It highlights the architecture of the most interesting buildings on the island and the people who built, lived and... Read more of this article

$50 Million Guarantee For Mortgage Programme

$50 Million Guarantee For Mortgage Programme

The Government is issuing a $50 million guarantee to the Bermuda Commercial Bank for the new pilot mortgage guarantee programme, Premier and Minister of Finance David Burt said, adding that it “represents a first step in the process of lowering mortgage rates in Bermuda.” Speaking in the House of Assembly today [Nov 18] the Premier said,... Read more of this article

Daniel Woods Achieves RICS Designation

Daniel Woods Achieves RICS Designation

Daniel Woods has become a member of the prestigious Royal Institution of Chartered Surveyors [RICS]. Mr. Woods, 33, from Southampton, graduated from Saltus Grammar before heading to university in Ontario, Canada in 2007. In 2016, Mr. Woods initially entered the industry by attaining his Bermuda Real Estate license followed in quick succession by a scholarship... Read more of this article

Video: Mortgage Guarantee Programme

Video: Mortgage Guarantee Programme

[Updated] Premier David Burt is holding a press conference this afternoon [Oct 13] to “highlight the Mortgage Guarantee Programme.” We will have additional coverage later on and in the meantime the live video is below. Update: The Premier said, “The Government has reached an agreement with the Bermuda Commercial Bank to provide a partial... Read more of this article

Trump’s ‘Bermuda-Style’ Property In Florida

Trump’s ‘Bermuda-Style’ Property In Florida

A property owned by the Trump family adjacent to the much reported about Mar-a-Lago in Florida is billed as a “Bermuda-style spread” in reports about the monthly rental price dropping to $195,000. The Mansion Global website said, “The monthly rental price that the Trump family is asking for their Mar-a-Lago-adjacent beachfront mansion... Read more of this article

Cabinet Approves Phase I Of Housing Initiative

Cabinet Approves Phase I Of Housing Initiative

“The Cabinet has recently approved Phase I of a new housing initiative – a renovation scheme of 137 older housing units owned by the Bermuda Housing Corporation [BHC] to increase the amount of affordable housing options for Bermudians,” Minister of Public Works Lt/Col David Burch said. Speaking in the House of Assembly today [Oct 7]... Read more of this article

Interested In Leasing ‘Windfall Cottage’?

Interested In Leasing ‘Windfall Cottage’?

The Bermuda Government has announced a tender for lease for the Windfall Cottage, located on Middle Road in Warwick. The notice [PDF] said, “Cottage on a lot measuring approximately 0.27 acres located by the road entrance to the former TN Tatem Middle School. Unconditional offers are invited for the leasing of the whole.” For more information,... Read more of this article

‘Keys To The Rock’ Releases Episode 10

‘Keys To The Rock’ Releases Episode 10

Keys to the Rock [K2TR], a Bermuda real estate podcast hosted by industry professionals Daniel Woods and Ben Rego, is aiming to “educate the Bermuda public about all things real estate,” with episode 10 recently released. A spokesperson said, “Keys to the Rock is Bermuda’s only Real Estate podcast, hosted by industry professionals Daniel... Read more of this article

Photos, Video & 360: Open House At Verdmont

Photos, Video & 360: Open House At Verdmont

In celebration of Heritage Month, the Bermuda National Trust hosted a Free Open House at the Verdmont Museum and Gardens in Smiths today [May 21], with the public able to tour the centuries old property. Executive Director of the National Trust Karen Border told Bernews, “We are thrilled to be opening Verdmont to the public today, a free public... Read more of this article

Help Choose New Colour For Historic Property

Help Choose New Colour For Historic Property

Bermuda National Trust headquarters “Waterville”, at the Foot of the Lane, is due for painting and they are offering the public a chance to vote online to choose the new colour for the historic property. Their website said, “Bermuda National Trust headquarters “Waterville”, at the Foot of the Lane, is due for painting and we would like your... Read more of this article