Real Estate Handbook 2020/21

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BERMUDA REAL ESTATE HANDBOOK

2021 Priceless

The complete guide to Island property for buyers and sellers

Market Analysis Advice for Buyers Home Improvements #trending

Pass me on for a greener Bermuda

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Home improvements Let us get your “to do” list done Painting Landscaping and gardening New appliances Home renovations An HSBC Home Equity Loan can help. s .EW Our lowest lending rate of 5.75%* s No money down s Flexible payment terms

Visit www.hsbc.bm/homeequity Call 299 5959 Together we thrive @HSBCBermuda

@HSBC_Bda

*Terms and Conditions apply. Due to market fluctuations, variable interest rates may change in the future, which may impact total cost over the lifetime of a loan. Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.

Create the home you want with the BAC Group of Companies Keep your cool or take the heat, summer and winter Install an energy-efficient, reverse-cycle air conditioning system and get ready for Bermuda’s climate – all year round. Call BAC today to find out more about a system that will suit your home and budget.

9 Mill Creek Road Pembroke HM 05 Tel: 441-292-0881 www.bac.bm

BERMUDA AIR CONDITIONING

Live. Bold. KOHLER sinks, faucets and showerheads. Where sleek design meets smart functionality. When you purchase a KOHLER product from our KOHLER Registered Showroom, we can guarantee you’ll get a quality product with quality customer service.

9 Mill Creek Road Pembroke HM 05 Tel: 441-292-0881 www.bac.bm

DON’T

IN A LOSE POWER ! HURRICANE

Get ready for Hurricane Season with a generator from BAC Universal Electric. Whatever size home you have, we’ve got the generator style and size to fit – from portable to built-in models. We also service all types of generators and can provide maintenance contracts – so you can keep the power on, all year long.

4 Midsea Lane Pembroke Tel: 441-292-5372 www.universal.bm

292-0881 www.bac.bm

297-3639 www.bae.bm

278-6238 www.ems.bm

292-5372 www.universal.bm

292-0881

BAC Group

CONTENTS

13 Luxury waterfront lots

4 #trending Published by Bermuda Media PO Box HM 2032

6 Green cooling

Hamilton HM HX Tel (441) 292-7279 Fax (441) 295-3189 E-Mail: hello@bm.bm www.bermudamedia.bm Publisher: Ian Coles

10 What’s in your air?

14 For Overseas Purchasers

11 Sanitizing appliances

Marketing Director: Lissa Fisher Art Director: Tim Parker

15 Best Properties

Associated Media: Bermuda Business Visitor

25 Legal advice

New Resident Guide Your Future Going Green Health & Beauty Building Bermuda House Garden Kitchen and Bath

12 The Frith Formula

29 Key contacts

Your Office in Bermuda

ON THE COVER

The Bermuda Channel

Three Cedars in Paget. For sale through The Property Group. See page 18 for more details

Real Estate Handbook 2021

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#TRENDING STRAP

Sleep Therapy The Serta iComfort Hybrid ultraplush pillow top mattress combines TempActiv Gel Memory foam with two layers of EverCool Fuze foam for luxurious comfort with enhanced breathability. Your body gets exceptional support from the Serta Hybrid Coil support system, built to deliver the ideal trifecta

of comfort, support, and durability. The Blue Fusion 300 Plush Pillow Top is finished with soft, yet durable TempActiv Balance Fabric for high-performance heat and moisture regulation. Dreams – The Mattress Professionals. www.dreams.bm. Tel: 293-7326. Washington Mall. 20 Church Street, Hamilton.

Designer elements are evident from every angle in this queen storage bed from the Caitbrook bedroom collection. Quality crafted from solid wood and featuring dovetail drawers to help solve small space problems with ease. On each side of the bed, a deep drawer provides storage for

everything from extra bedding and pillows to seasonal clothes. Additional storage at the top and foot of the bed has you covered from head to toe. Lifestyle Furniture. www.lifestylefurniture.bm. Tel: 261-7327. Washington Mall. 20 Church Street, Hamilton.

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Real Estate Handbook 2021

#TRENDING STRAP

Ductless a/c

Make Washday Easy Speed Queen washing machines with mechanical homestyle controls are designed for durability and are easy to operate with a multicycle timer knob and automatic washing cycles. BATE’S/Joshua Bate Trading Bermuda Ltd. Tel: 236-7880. www.bate.bm

The latest product from Gree is the Sapphire series, an ultra-high efficiency, smart ductless system that will keep any room comfortable without sacrificing ascetics. The quiet, unobtrusive design delivers advanced performance with an industry-leading energy efficiency rating of 38 SEER in cooling, the ideal choice for your home or office. Available form HVAC Shack Ltd. Tel 234-6227. Email: hvacshack@coldsnapservices.com. www.hvacbda.com

Bed in a Box

Are you in need of a new mattress but don’t want to break the bank? Sealy’s new “Bed-In-Box” compressed mattress is available as all memory foam or with a combination of memory foam and response flex encased coils, offering a traditional feel with customised support – comfort and convenience starting at only $479 for a queen mattress. BATE’S/ Joshua Bate Trading Bermuda Ltd. Tel: 236-7880. www.bate.bm

Pipeline to Somerset Bermuda Waterworks provides potable water through its pipeline distribution system that extends from Devonshire through parts of Hamilton and as far west as the intersectionof Somerset Road and East Shore Road. It also sells bottled water under the Pure Water brand, produced by distillation – pure to the last drop. Tel: 299-7873. Email: purewater@bwl.bm. www.bwl.bm Real Estate Handbook 2021

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#TRENDING

Cool your space green rated air-conditioner, but what is a SEER rating? SEER is the abbreviation for Seasonal Energy Efficiency Ratio, and it is calculated from the cooling output during a typical cooling-season divided by the total electric energy input during the same period. It is important to distinguish that it is the average calculated over a season and is figured out under laboratory-simulated conditions. It is likened to the mpg (miles per gallon) ratings on cars, and, although mpg can vary depending on how you drive, it does offer a clear indication of the fuel

efficiency possible. You can have the highest SEER-rated air-conditioner on the island, but, if it has dirty filters, blades, or coil surfaces, it will not achieve those energy savings. Regular maintenance is critical for continued high efficiencies. You will find that higher SEER-rated systems come with a higher price tag. But often, within two to three years, the initial extra expense is recovered through lower running costs that not only save money but also contribute to a greener, cleaner planet. www.hvacbda.com. Tel: 234 6227

Wayne Clapham of HVAC Shack explains why a SEER rating is important An average of 35% of electricity consumption in homes goes to airconditioning. So how can you save money and help the planet? One way is to invest in a high SEER-

38 S SEER

18 SEER

Inverter Driven Mini Split Heat Pump

Visit us at HVACbda.com to find out more.

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(441) 234-6227/747-7627 Afterhours

hvacshack@ coldsnapservices.com

G10 Inverter Technology

Intelligent Defrost

Programmable Timer

Multiple Fan Speed

Comfortable Sleep Mode

Control Lock

Self-Diagnostics

Auto Restart

Low Voltage Startup

Verticle Swing Louvers

Acrylic resin anti corrosion coating

Selectable Dry Mode

Backlight Display

Automatic Operation

XK-41 Wired Controller (Operational)

Universal WIFI Kit No. WSBEC02/WSBEC03 (sold separately)

Real Estate Handbook 2021

PESTS

Is your home

bugged? M

ost people do not think about pests until they see the problem. Whether you’re buying, renting, building, or adding on, you should be constantly taking action to prevent bugs from invading. Termites, from a cost factor, should be your first concern. Is there new lumber in the property, adding a wooden deck or pergola, installing cabinets or shelving, working on the roof or wooden flooring? If it’s wood — and that includes furniture — it can be termite food, so call the experts at Bermuda Pest Control to help you develop a termite prevention plan. Rats and mice can squeeze through very small openings. Check that all masonry work is finished, closing off holes around exterior access points such as those made by air-conditioners, plumbing, electric, gas lines, telephone, and cable. Make certain your dryer vent has a cover outside. Caulking is your friend. Cockroaches thrive in cracks and crevices; ants will find any opportunity to crawl behind bathroom vanity cabinets, tile, and fixtures. Shower stalls, tubs, sinks, and toilets should all be properly caulked. Ants and cockroaches love Bermuda stone. Ants can live on and inside Bermuda stone. Keep this in mind when considering unfinished Bermuda stone. Try to keep flowering plants and vines from growing onto your house, as they are a bridge for pests from their home into yours. Brick walkways, patio stones, and pavers should be treated regularly. If anything is “bugging� you, call the experts at Bermuda Pest Control. Tel: 236-1823. www.bermudapestoncontrol.com.

Real Estate Handbook 2021

ELEV ENTH EDITION •• 2017 •• PRICELE SS

THE PUBLICATION FOR PROPERTY DEVELOPERS AND CONSTRUCTION DECISION MAKERS

CREATING EXCELLENCE

Pass me on for a greener Bermuda

The ultimate sourcebook for proud homeowners seeking to improve every room in their house.

To read the magazine online, go to www.bermudamedia.bm

NEW AIRPORT TOURISM DEVELOPMENTS GREEN BUILDINGS

BERMUDAMedia

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INTERIORS

For a better night’s sleep Dreams is Bermuda’s only dedicated mattress gallery carrying the number-one mattress supplier in the world, Serta Mattress.

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reams features the Island’s largest selection of mattresses, box springs, and motion bases. It offers many different comfort levels of mattresses, which you can test at its store on the lower level of Washington Mall. Factory-trained staff are on hand to assist you with any questions you might have in relation to mattresses and box springs. Dreams sell industry-leading memory foam mattresses that feature layers of dense, luxurious foam, and provide cooling comfort and cradling support. Plus, every model features a TempActiv Touch Cover for a coolto-the-touch sensation. Choose from a variety of models ranging in feel, so you can find the level of comfort that’s perfect for you. For those who prefer an innerspring system, iComfort Hybrid models combine Serta’s top-of-the-line Serta Hybrid Coil system with advanced memory foam. These elements work together for superior motion control and pressure-relieving support. In addition to mattresses and box springs, Dreams has an extensive array of sheets, pillows, mattress protectors, encasements, and toppers – everything you need to complete your new bed. Dreams is passionate about making sure everyone gets the perfect night’s sleep. Whether it’s the in-store sleep advisors who know all there is to know about your sleep needs, to the largest selection of mattresses in Bermuda, Dreams will always make sure you get the comfort and rest you deserve. Dreams’ goal is to sell and deliver the most comfortable beds, deliver marketleading quality, value, and choice and to work together to always exceed customer expectations.

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Real Estate Handbook 2021

INTERIORS STRAP reason, to shop with Lifestyle Furniture is your warranty. Have peace of mind knowing that all warranties are covered and handled by Lifestyle Furniture, right here in Bermuda. You no longer have the problem of ordering products on the Internet and having to deal with warranty concerns if an issue occurs. With Lifestyle Furniture becoming the official home of Ashley Furniture in Bermuda, we can guarantee the largest online selection, the fastest shipping times, and all at unbeatable prices. We are a local company, proudly owned and operated by Bermudians. When buying on-line you are actually shopping locally and keeping the business in Bermuda.

Largest furniture selection in the world Lifestyle Furniture explains how they make a wide choice available on a small island

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e understand that living in Bermuda means, not everything is available and readily accessible. Which is why we have partnered with the largest furniture company in the world, Ashley Furniture Lifestyle Furniture has worked tirelessly to ensure that your shopping experience is as care-free and enjoyable as possible. We have joined forces with Ashley Furniture to allow the customer to have the benefit of shopping with the largest furniture company in the world without ever leaving Bermuda. To start shopping today, visit www. lifestylefurniture.bm and click the link to Ashley Furniture and browse the incredible selection of products. We are proud to guarantee the US pricing you will see on Ashley Furniture’s website. In other words, the price you see online, is the price you pay. Once you have found the item or items you are interested in, give us a call or email the item name or number to info@ lifestylefurniture.bm. We simply add the shipping and duty to the cost of your item. Take advantage of knowing that the final price you see is always the price you pay. From that point you have nothing to worry about. We clear your goods through customs, guaranteeing painless, costeffective, on-time delivery to Bermuda. By doing this, we remove any doubt on what the final cost of your order will be. The final, but possibly most important Real Estate Handbook 2021

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ENVIRONMENT

What’s in your air? Here’s how to ensure you have the cleanest indoor air in your home

T

his year, we have all experienced a shift in our routines. For most of us, this means physical distancing outside of the home or wearing masks in public spaces. For some of us, this also means working or learning remotely¬ – and spending much more time at

home. As summer approaches and the temperatures climb, we are keenly aware of how important it is to feel comfortable in our homes and maintain healthy air quality while avoiding high energy costs. If you are looking to install air conditioning for the first time or are

At AIRCARE, excellence is everyday.

AIR OF RELAXATION Now, more than ever, your home is the place you can truly take a breather. If you’re planning to spend more time in your home this summer, you want to be comfortable while being energy IƾGMIRX /IIT XLI EMV MR ]SYV LSQI JVIWL GPIER ERH GSRXVSPPIH with a residential HVAC system from AIRCARE.

25 SERPENTINE ROAD | 441-292-7342 | INFO@AIRCARE.BM | WWW.AIRCARE. BM

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ready to upgrade an old system to a new, energy efficient model, you must consider the Seasonal Energy Efficiency Ratio (SEER) and air purification capabilities. Look for a high Seasonal Energy Efficiency Ratio (SEER) to see how well your unit will cool for the amount of energy it will use. The higher the SEER, the more you will save on your energy bill when cooling your home. Especially now, clean air is so important. In Bermuda, the humidity also contributes to the proliferation of mold and mildew, which can trigger allergies and asthma. You want a unit with an air purification filter that will attack organic pollutant molecules and minimise dust, household odors and pet dander in the air. AIRCARE is now carrying a new line of RGF air purification systems, which can be fitted to new or existing air conditioning systems. RGF air purifiers feature REME® and PHI-cell® technology, which use ionised hydrogen peroxide (H202). Controlled oxidation is very effective at destroying organic pollutants like viruses, bacteria and mold; hydrogen peroxide is considered to be the safest oxidizer available and is widely used in household products. The United States Environmental Protection Agency (EPA) recognises hydrogen peroxide gas at levels of .01 ppm as an effective infection control and microbial treatment technology. AIRCARE specialises in high-quality HVAC system installation, service, cleaning and maintenance. We provide dependable, superior residential service and carry systems that are energy efficient and environmentally friendly. For more information or to schedule a consultation, please call AIRCARE at 292-7342 or email info@aircare.bm. Real Estate Handbook 2021

APPLIANCES

Sanitize your dishes and laundry with new appliance technology

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hile cleaning surfaces with disinfectant sprays and wipes will kill germs on contact, what is keeping those germs from spreading throughout your home where cleaning products do not touch? Statistically, clothing and dishes (including glassware) are among the top four most touched items in a household on any given day. GE and various other appliances manufacturers have now introduced a ‘sanitization’ cycle in select laundry and dishwasher models. These sanitization cycles are designed to heavily reduce the amount of germs and bacteria found on everyday items like clothing, bedding, and dishes.

Washers & Dryers: Your clothes and bedding can also be host to a wide range of bacteria clinging to the fabrics. With washers, the sanitization option includes a longer cycle with an extended heated rinse and ‘purge pump’.

This purge pump ensures that any lingering bacteria in the water is drained from the washer water before going into a heavy wash. Regarding the dryer, a normal drying cycle does not get hot enough to sanitize laundry on its own. However, the sanitizing cycle on a dryer utilizes steam which kills germs and other harmful microorganisms. It also freshens up the scent of your laundry, because it kills odor-causing bacteria as well. See all the choices by GE and Speed Queen and get expert advice at BATE’S at 7 Marsh Lane in Devonshire. www.bate.bm.

Dishwashers: Your dirty dishes have more than just grease, oils and food remnants on them when you load them in the dishwasher. They can be covered in harmful bacteria such as E. coli and salmonella. These bacteria spread the longer you keep them in your sink or dishwasher before running a cycle. Sanitization is the combination of a high-temperature rinse and spray arms that reach every square inch of your dishes. Water temperatures reach and exceed 150 degrees Fahrenheit with the assistance of built in heat pumps which eliminate the opportunity for bacteria to survive and spread. Real Estate Handbook 2021

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STRAP AND SELLING BUYING Susan Frith

Frith Real Estate Introduces

2% Commission Rate Sue Frith, president, Frith Real Estate Bermuda, says there’s a better way to buy and sell real estate

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ave you ever thought to yourself, 5% of the purchase price is a lot to pay in real estate commission? So have I. Times have changed. Buyers no longer have to set up a meeting with an

agent to find out what’s on the market. They simply log onto propertyskipper.com – and voila! The properties listed with all of the major agencies are in one place, easy and convenient to search. So, why are sellers

and buyers still paying 5% commission on transactions? The UK abandoned this practice long ago; there, sellers pay 1% to 2% commission, and buyers mostly go directly to the listing agent. Enter Frith Real Estate to the Bermuda scene. Sellers pay a 2% commission, and buyers who go directly to Frith Real Estate enjoy lower overall commissions on their purchase. If buyers want to hire their own agent, they can do so through a buyer agreement, and that agent will work for them. In the traditional system currently prevalent in Bermuda, if you work with a buyer agent, that agent is paid for by the seller and therefore legally represents the seller’s interest. Let’s make the real estate process work better for buyers and sellers, with transparency about who is representing your interests and who is not; and no artificially high commission rates. How can you participate? If you are a seller, contact Frith Real Estate about listing your property and saving up to 60% on commission. If you are a buyer, check out our listings at frithrealestatebda.com, and contact us about viewing these special properties.

Platinum Service 2% Commission Contact Sue today Email: sue@frith.bm Call/Text: 1 441 333-7067 Web: www.frithrealestatebda.com 12

Real Estate Handbook 2021

BUILDING LOTS

Luxury waterfront at affordable price The final lots at this iconic waterfront estate are on sale now

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nly two lots, both of a generous size of more than half an acre, remain for sale at this prestigious waterfront estate, with prices reduced to only $465,000. Owners can build a significant size family home up to 5,000 square feet with a pool if they choose. Or they are also ideal for a younger couple looking to build a “starter home” with room for expansion. For retirees, you could have a smaller cottage and enjoy lots of garden area around the home. There is access to the water from both lots. The protected waters of Riddell’s Bay means you can leave a boat there all yearround. A private mooring comes with each lot, plus the use of a floating dock for all Heron’s Nest estate owners. Six extremely attractive new luxury homes at Heron’s Nest estate in Southampton have already been completed. “The quality and standard of new home design and construction has added immeasurably to the stately manor of the estate”, says master developer

Real Estate Handbook 2021

Steve Thomson. “The main house was sold for millions, and millions more has been spent on completely redeveloping that waterfront property. The new owners have created something special there that has significantly enhanced the overall estate and added to the value of the homes that have already been built – as well as adding to the value of the two remaining lots”. Heron’s Nest is an exclusive estate soaked in history, dating back more than 200 years. For more than half that time, it was in the hands of just one family, the Mitchell’s, whose fortune can be traced back to the founding of General Motors in the United States. In 2011, Thomson, well-known as the entrepreneur behind Mailboxes Unlimited and Just Shirts Dry Cleaners, purchased the estate. Thomson grew up on Riddell’s Bay, and his attachment to the property goes back to his days as a young boy. “I used to play and swim close by

Heron’s Nest, and even back then I admired the property,” reminisced Thomson. “When I heard the estate was coming on the market, I felt I had to save it from developers who didn’t value Bermuda’s open spaces. I was deeply concerned that someone might be tempted to overbuild the whole area with condos. I decided to do whatever I could to retain all the charm and grace of the original estate. We only created seven lots, each of more than half an acre, plus there was the main four acres. My vision was that Heron’s Nest would become a tranquil area where a fortunate few could create what I call the ultimate Bermudian lifestyle — your own beautiful piece of the rock with gorgeous views and waterfront access for boating, fishing, and swimming. I am so glad that vision has become a reality”. For more details on Heron’s Nest contact Rhonda Casling of Rego Sotheby’s International Realty at 335-9517. Q 13

INTERNATIONAL BUYERS

Why overseas buyers purchase in Bermuda The experts at The Property Group explain why property on the island is a priceless investment

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he year-round beauty of Bermuda, with its pastel coloured houses and white roofs, exotic flowers, pink beaches, and mild subtropical climate, is a great lure for the hundreds of international buyers who purchase homes in Bermuda. Also of great appeal are the high standard of living, excellent health care, the presence of international legal and accounting firms and banks, excellent schools, and regular direct flights to the major hubs in North America and the United Kingdom.

Typically, international purchasers who buy property here as a permanent

The Property Group Ltd is the finest of Bermuda’s real estate companies. We represent the most Innisfree, Warwick desireable properties available in every sector of the residential market, sale or rent. The Property Group Ltd is theforfinest of Bermuda’s real estate companies. We234-6900 represent the most Phone: (441) desireable properties available in every sector of Fax: (441) 234-6892 the residentialinfo@tpg.bm market, for sale or rent. Web: www.property-group.com Phone: (441) 234-6900 please contact Fax: (441) 234-6892 Sallyann Smith (441) 535-4521 or info@tpg.bm Brittany Archer (441) 505-1466 Web: www.property-group.com please contact Sallyann Smith (441) 535-4521 or

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residence or a holiday home, alreadyknow Bermuda, having worked here, vacationed here, or simply want to retire here. Property has grown steadily in value over the decades and remains secure, thanks to the island’s history of political and social stability. A diverse range of properties is available for those from abroad to purchase – from grand houses with asking prices between approximately $4 million up to $25 million. Condominiums, which are available to overseas purchasers, can range from between $500,000 to upward of $4 million. The Bermuda government assesses each property with an annual rental value (ARV ) for land tax purposes. An ARV needs to be above $126,000 for a house or $25,800 for a condominium to determine whether the property is available for a non-Bermudian to purchase. There is a onetime government fee for non-Bermudians purchasing

property, 8% for houses, and 6% for condominiums. This is to negate the risk of international speculation in the local property market. Local property lawyers and real estate agents guide buyers through the negotiation and purchase process. There are also firstclass fractional ownership properties to consider, many in beachfront resort locations, should a buyer not need a year-round home. Bermuda has proved to be a very safe destination after the height of the COVID-19 pandemic. We have been delighted to see a rise in interest from the overseas buyers who are looking at Bermuda as a safe place to escape, should there be a second wave or another epidemic. The Bermuda way of life is truly priceless. For expert advice on the Bermuda property market and details on fine homes for sale, contact The Property Group. Tel: 441-234-6900. Email: info@tpg.bm Real Estate Handbook 2021

BEST PROPERTIES STRAP

Hidden Cove This upper end unit at exclusive Hidden Cove is well situated to enjoy stunning views from the spacious covered balcony over the pool and private beach to the ocean. The interior has been custom built and designed for the current owners, with no expense spared — evidenced in features such as Brazilian teak flooring, 19th century English marble fireplace, top of the line appliances, surround sound system, a concealed wet bar with wine fridge and ice maker, and separate temperature controlled wine cellar. The large, covered, ocean facing patio can be accessed directly from the living room, and is perfect for entertaining guests. The Property Group. Liz Wright. Tel: 331-2014. Email: liz@tpg.bm. www.property-group.com

Innisfree The beautiful home Innisfree enjoys the most picturesque location, with dramatic ocean frontage on the south shore and spectacular views from every room. On the 1.1 acres of thoughtfully planted grounds is a large, heated swimming pool, a lanai with built in barbecue, tennis court, potting shed and a putting green, plus many patios overlooking the ocean, and perfect for entertaining. The Property Group. Vicky Hamshere. Tel: 295-2412. Email: vicky@tpg.bm. www.property-group.com Real Estate Handbook 2021

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BEST PROPERTIES

Mizzentop

This 2/3 bedroom, 2 bathroom condominium has been completely upgraded and is on the front line of the sought-after Mizzentop development. This unit enjoys fantastic panoramic views over Granaway Deep and beyond to Dockyard and the City of Hamilton. It is extremely private, and well placed so that there are no other units overlooking this unit’s space. The development enjoys two pools, two tennis courts and a brand new gym. The Property Group. Sallyann Smith. Tel: 535-4521. Email: sallyann@tpg.bm. www.property-group.com

Exceptional Estate Leamington House is one of the most beautiful homes available for sale in the overseas market. It stands on 1.734 acres with around 8,000 sq. ft. of building, which includes a charming guest cottage. Water rights and dock on Castle Harbour. Grand entrance gallery, dining room, living room leading to fabulous verandah ideal for entertaing. Sumptuous master suite with fireplace and his and her dressing rooms. Four additional guest bedrooms, entertainment room, wine cellar. Heated pool. Available to Bermudians, PRC holders and international purchasers. $5,500,000. Gill Butterfield. The Property Group. Tel: 534-7746. Email: gill@tpg.bm. www.property-group.com

Tanikos A stunning home perfectly positioned to enjoy stunning views from Ships Hill of Tucker’s Point and Mid Ocean golf courses, Harrington Sound all the way to Dockyard, South Shore, North Shore and Castle Harbour! 4,000 sq. ft. of luxury comprising entrance foyer with spacious landing leading down to a large living room with fireplace and double French doors leading out to a covered verandah. Open plan kitchen with breakfast nook, laundry and dining room as well as a powder room. Generous master bedroom with bathroom en-suite and walk-in closet. Two additional bedrooms, a den/office or fourth bedroom, all with bathrooms en-suite. Private swimming pool, gazebo and detached garage. US$3,950,000 gross. Joy Lusher Real Estate, Sue Lusher Tel: 441-333-9138. Email: sue@joylusher.com, www.joylusher.com.

NAUTILUS A fabulous waterfront home on two acres on South Shore with amazing sea views, private access to a beach and its own pool. Large kitchen with a centre island, family room, separate dining room and living room, plus extensive covered terrace. Master bedroom features huge en-suite bath and dressing room. Two further bedrooms on the main floor. Separate one-bedroom guest or rental suite on the lower floor. $3,475,000. The Property Group. Georgina Simpson. Tel: 517-2424. Email: georgina@tpg.bm. www.property-group.com 16

Real Estate Handbook 2021

BEST PROPERTIES

Sea Shells

Sea Shells is an exceptional waterfront estate situated in the exclusive Shell Point enclave in Tucker’s Town. This fabulous home sits on a very private 1.55 acres, the largest of the Shell Point lots, and is located at the end of the lane. Only 20 minutes from Hamilton, 10 minutes from the airport, and within walking distance of the renowned Mid Ocean Club and Rosewood Tucker s Point and all their amenities (available through membership). Life is short. Love where you live. The Property Group. Tom Sleeter. Tel: 505-0045. Email: tom@tpg.bm. Barbara Trimingham. Tel: 505-9962. Email: barbara@tpg.bm. www.property-group.com St. James Court three bedroom, two bathroom condominium, renovated to the highest standards: granite kitchen countertops and stainless steel appliances in the kitchen, redesigned and refurbished bathrooms, brand new Samsung split AC’s, tile floors, with an abundance of cedar throughout, including all doors and skirting boards for a real Bermuda touch. The great and serene value of this unit is the gorgeous water vista. Both balconies are finished in bamboo and have spectacular views over Flatts Inlet and Harrington Sound. The Property Group. William Kempe. Tel: 777-9449. Email: william@tpg.bm. www.property-group.com

St. James Court

Old Post Office Historic three bedrooms, 1.5 bathroom home located on Mangrove Bay, with beachfront and a short walk to Somerset Village. This Grade 3 Listed Building sits on 1.25 acres and has a large living room with fireplace, eat in country kitchen and a covered porch. Behind the house is a large plot of arable land that can be farmed or used as a lawn. Listed for $1,195,000. Keller Williams Bermuda. Contact Lisa Outerbridge Tel: 517-0769. www.kwbermuda.com Real Estate Handbook 2021

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BEST PROPERTIES

Three Cedars

Quality built and well maintained home in Paget sitting on an elevated lot within walking distance to the ferry. This extensive and comfortable home has a large living room with fireplace, good size dining room and well fitted kitchen, with adjoining breakfast room, all of which have access to a large poolside entertainment area with outdoor kitchen. There are three bedrooms including the large master on the first floor and three bathrooms, two of which are ensuite, and another large covered porch. The Property Group. Gill Butterfield. Tel: 534-7746. Email: gill@tpg.bm. www.property-group.com

City Living One of the finest units in the sought after Six Dundonald building. Two full bedrooms, both with full ensuite baths. Luxurious master suite features a spalike bath, walk-in closet, and a private balcony. Separate study/tv room/office. Open plan European style kitchen with island. Sliding doors lead to a spacious outdoor balcony with views of Victoria Park and the Hamilton cityscape. The unit faces southwest with windows on 3 sides. Private underground parking space. Wonderful opportunity to live in style in the city. $995,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com 18

Glimmerview A stunning Bermuda home with close to two acres of spectacular land. The house is soundly built with high Victorian style 10 ft. ceilings throughout. Comprising an entry foyer that leads into a large living room with working fireplace, a spacious ‘country’ kitchen with stainless steel appliances and large pantry, a dining room that spills onto one of the patios — perfect for entertaining. A study off the kitchen with an office nook, powder room and laundry. Two spacious bedrooms with a Jack n’ Jill bathroom, a third guest bedroom with a full bathroom en-suite. The lovely master bedroom has a large master bathroom en suite, large walk-in dressing room and outside patio area. From the master bathroom there is a staircase leading to an iconic Widow’s Watch Tower with commanding views of North Shore. Glimmerview is represented in the Smith’s Parish book of Bermuda’s Architectural Heritage. $2,550,000 gross Joy Lusher Real Estate. Christie Lusher Plathe Tel: 441-332-2296. Email: christie@joylusher.com. www.joylusher.com Real Estate Handbook 2021

BEST PROPERTIES

MagniďŹ cent Mansion

Old Battery estate sits high on a hill overlooking the beautiful South Shore in Tucker’s Town. It encompasses more than 4 acres of immaculate grounds, with a stunning five en-suite bedroom main house, two charming guest cottages, an infinity swimming pool, tennis court, and private coves with beaches. Available to international purchasers. The Property Group. Contact: Vicky Hamshere, Tel: 295-2142. Email: vicky@tpg.bm, or Gill Butterfield, Tel: 534-7746. Email: gill@tpg.bm. www.property-group.com

Ocean View Condo

Great opportunity to invest in a condo with spectacular ocean views. This 2 bedroom 2 bath, Breakers lower unit has a small kitchen with granite counter tops, fridge, stove, microwave, and coin operated laundry on site. Open plan living/dining room, sliding doors lead to a patio large enough for outside dining and steps which lead to a private beach. Listed for $499,000. Keller Williams Bermuda. Contact Frederica Forth Tel: 536-0194. www.kwbermuda.com

Hamptons Family Home A stunning freestanding family home at the Hamptons overlooking the South Shore with lovely garden and bricked courtyard. Three good size bedrooms upstairs with two bathrooms and a fourth bedroom/den with another bathroom downstairs. Includes many high-quality custom features designed for the original owners. 3,000 sq. ft. including the covered porch. Available to PRC purchasers. $1,295,000. The Property Group. Contact Sally Ann Smith. Tel: 535-4521. Email: sallyann@tpg.bm. www.property-group.com Real Estate Handbook 2021

19

BEST PROPERTIES

City Centre Penthouse

Immaculate, modern open plan penthouse condo with private terrace. This unit has many upgrades, including European kitchen cabinets, AEG stainless steel appliances, a coffee station with built in espresso machine and much more. Extra high ceilings on the penthouse floor, together with northerly views, take advantage of the best light the building has to offer. Floor to ceiling double sliding glass doors lead to the large private terrace, accessible from living room and both bedrooms. Spacious master bedroom with generous closet space; spa-like master bath with a jetted tub, separate shower, and his and hers sinks. Opposite the guest room is another full bath. Private parking space. $895,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

Close to town condo

Panorama in Paget

This recently renovated, bright and spacious Panorama condominium has it all — open plan ‘cooks kitchen’, generously sized rooms, garage and private driveway that can fit multiple vehicles. Watch TV while the fire is going in the living room, where double French doors lead to a private patio that overlooks the lovely Panorama pool. Entertain friends in your open plan kitchen/dining room while you cook. Upstairs, enjoy the peace and quiet in the oversized master bedroom with a gorgeous spa-like master bath with a private outdoor balcony. A second bedroom and full bath is perfect for guests. $895,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

Gorgeous, fully renovated two bedroom two and a half bath condo minutes from town. Enter into a lovely foyer and make your way to the spacious living room with working fireplace. A built-in office nook provides the perfect home office. The living room flows into the beautifully renovated dream kitchen, featuring quartz countertops, blue subway tile, and stainless steel appliances. The dining area overlooks the lovely outdoor patio, with plenty of room for a barbecue and outdoor dining. Upstairs is the luxurious master bedroom suite with built in tv stand and plantation shutters. The master bath is sleek and spa like. There is a generous second bedroom with a beautifully renovated bathroom. There is a large garage and private driveway. This condo development has a pool and small pets are allowed. $895,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

20

Real Estate Handbook 2021

BEST PROPERTIES

Fantastic opportunity Get your piece of the rock. Two bedroom condo with open plan kitchen in a family neighborhood just a short walk to Astwood Park beaches. Modern, open plan kitchen with adjacent dining and living areas. French doors lead to the fully fenced backyard featuring South Shore water views. Upstairs is the airy master bedroom with balcony overlooking the South Shore. Next door is the attractive full bath. Across the hall, the second bedroom is light filled and generous in size. Perks include a private parking space, and a parklike common area where residents gather and children play. This property is freehold and small pets are allowed. Sole listing. $520,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

Price Reduction Nantucket Gardens in a quiet Southampton neighborhood, is a modern, open plan condo with three bedrooms and three bathrooms. A lovely retreat where you can lounge by the pool or relax on your balcony. The open plan kitchen is well appointed with stainless steel refrigerator, stove, dishwasher, and built-in microwave. Sliding doors off the living area lead to a private balcony. This property offers the buyer an incredible value with the competitive list price, low condo fees at only $150 per month, and land tax of $97.17 per month. Available to Bermudian and International Buyers, this unit is turnkey. Sole Listing. $475,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

Endless possibilities Be the first to live in this modern, multi-family property in the heart of Spanish Point. Two 2 bed/2bath new construction open plan units, side by side. Live in one, and rent out the other for a healthy monthly income (estimated at $3,000 per month per unit), or rent both units for maximum income. Developed by a highly respected local contractor, the two units feature high end finishings, open plan kitchen/living/dining rooms, and modern touches mixed with traditional Bermuda trayed ceilings. Covered porches at the rear of the units are ideal for making the most of the Bermuda lifestyle, and the large front lawn makes one of the units ideal for a family with small children or a pet. $935,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

Pumpkin Patch Three bedroom home, perfect for a young family or couple. Built in 1990’s, beautifully designed and in mint condition. Open plan kitchen overlooks the living room with fireplace, making entertaining, or keeping an eye on young children, a breeze. Sliding doors lead to a pergola covered patio and barbecue area. The yard is fenced, flat and private — ideal for young children or pets. This level also has a office/small spare bedroom and powder room. Upstairs is the master bedroom with ensuite bathroom and guest bedroom. There is a carport, storage room, with plans for two more bedrooms, full garage or family room, bathroom and swimming pool. Great location near schools, shopping, parks and beaches. The buyer pays stamp duty, legal and conveyance fees (seller pays commission). List price is firm. $1,015,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com Real Estate Handbook 2021

21

BEST PROPERTIES

Summerland Dock your boat in your spectacular backyard with 400 feet of gorgeous Harrington Sound waterfront. This stunning 1.38 acre property, with a 40 foot long pool, outdoor kitchen and bar, is an entertainers dream. It enjoys water views from the living room, master bedroom, guest room, and the downstairs entertainment level. The kitchen features stainless steel appliances, granite countertops and a butler’s pantry. The master bedroom suite is an oasis with a gas lit fireplace, water views, and a spa like master bath ensuite. There are 3 additional guest bedrooms, and 3 additional baths. $3,695,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

Twin Palms Price reduction. This stately family home, has water views of Harrington Sound from almost every room, as well as the 30-foot covered verandah. The living room features a woodburning fireplace and opens to the formal dining room. The renovated eat-in kitchen has state-of-the-art appliances and a large island with seating for four. A cheerful laundry room and home office are conveniently located nearby. The opposite wing is comprised of the master bedroom suite, featuring a dream closet with custom cabinetry,a Juliette balcony overlooking Harrington Sound, and spacious master bath. Two guest bedrooms with Jack and Jill bath plus a bonus full bath complete the first floor. Downstairs are two additional bedrooms, a spacious games room with sliding doors leading to the pool area, a cozy family room and private gym. Sole Listing. $2,800,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com 22

Real Estate Handbook 2021

BEST PROPERTIES

St. George’s Waterfront

Live the life you’ve always dreamed of in this waterfront condominium located in the heart of St. Georges. Quaint and charming, this lovely property is all on one level and has two bedrooms and two full bathrooms. The open plan kitchen is updated with stainless appliances and granite countertops. Outside is a lovely porch where you can take in the spectacular views or jump in the ocean from the water access point. The veranda is ideal for entertaining friends waterside. Water views from every window. The property is rented through June 2021. $579,000. Frith Real Estate. Sue Frith. Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

Waterfront Oasis Originally built in the mid-1650’s, Hampton Head Manor House has all the modern conveniences of today. Inspiring views of Riddell’s Bay, sprawling manicured gardens, buttery roofs, Bermuda Cedar decorated stair rails, wooden floors, massive Bermuda cedar beams, doors and landings give this amazing home plenty of character. The dock and mooring on the protected bay are ideal for boaters. Other amenities include hot tub, sauna, temperature controlled wine room, garage, swimming pool and separate one bedroom pool house cottage (all fully air-conditioned). Hampton Head has over 7,500 square feet of living space. and on a spacious private property with deep covered wrap around balconies and patios. For a video tour visit www.bermudalongtailrealestate.com. $5,495,000.00. Cesa Edwards, Bermuda Longtail Real Estate Ltd. Tel: 232-2769. Email: cesa@bermudalongtail.com

Perfect Spot Waterfront Condominium with beach and amazing ocean views. This Breakers apartment comprises open plan living/ dining/kitchen with stainless appliances and covered patio overlooking ocean. Two bedrooms each with their own ensuite bathroom. Tiled throughout, some airconditioning. Located on the bus route, with private beach and near restaurants. Currently tenant occupied with excellent rental return! $499,000 Cesa Edwards, Bermuda Longtail Real Estate Ltd. Tel: 232-2769. Email: cesa@bermudalongtail.com Real Estate Handbook 2021

23

ENVIRONMENT

Bottled Water that’s Better for Bermuda Bermuda Waterworks explains why its bottled water is an excellent choice for those concerned about our environment

T

he bottled water industry was going green long before the term became popular. Through its home and office segment, the industry has demonstrated a significant impact on reducing pollution through the repeated use of its bottles until their life cycle is completed. Bermuda Waterworks manufactures bottled water in reusable 3- and 5-gallon containers. The company repurchases used bottles in

E MAKE SURG YOU BRIN LE TT YOUR BO CAP!

24

order to encourage clients to return them in good condition for a full credit on their next transaction. Empty bottles should only be refilled with Pure Water. They are not meant to hold trash or other liquids such as drink mixes — a popular choice at picnics. A bottle that has been used for drink mix cannot be reused by Bermuda Waterworks. The company encourages clients to contact them if they need rejected bottles for any sports or fundraising events. Bermuda Waterworks’ most popular water cooler is Energy Star rated. These coolers help residents and businesses reduce their energy bills, and can help make a difference for the environment. This is because products that earn the Energy Star prevent greenhouse gas emissions by meeting strict energy efficiency guidelines set by

the US Environmental and Protection Agency. These energy efficient coolers are available in room temperature/cold and hot/ cold models. The company also sells water-dispensing equipment that do not require any electricity. There is the very popular dolphin pump, where water is manually pumped out of the bottle. There is also the compact cradle and valve that sit perfectly on any counter. The ceramic crockpot is another decorative option. All of these models dispense water at a pleasant room temperature. Bermuda Waterworks also provides piped metered water, 100% of which is manufactured by reverse osmosis. This process requires electricity. However, over time, new and energyefficient equipment has been installed in order to reduce our consumption of fossil fuels. The company encourages residents to use its utility water wisely as a top-up supply. A new self service vending machine has been installed. It dispenses Pure Water and Pure Ice. Clients can bring their reusable empty bottles and purchase water. Clients can even reuse their cap if they wish. Going green made easier with budget friendly options. For more than 85 years, Bermuda Waterworks has manufactured water to meet the island’s growing needs. The company will continue to do its part in making water production as green and efficient as possible. Real Estate Handbook 2021

LEGAL ADVICE

When Purchasing Your Dream Home… Denis de Frias provides a guide to help you buy your new home. 1. Get Your Finances in Order • Preapproval: A mortgage charges the title of the property until repayment of the loan is complete, at which time the charge is released. It’s always best to start by making an appointment with a local lender to seek pre-approval for financing. Confirm with your lender how long preapproval lasts for. • Stamp Duty: The Government Stamp Duty charged on the transfer deed should be considered. Your attorney will prepare a mortgage deed; there are stamp duty and legal costs associated with this document, too, and these costs are the sole responsibility of the purchaser/borrower.

2. Find a Property Attorney While purchasing a property can be a relatively straightforward transaction, each deal presents its own unique circumstances that require the guidance of professionals trained in the intricacies of buying/selling Bermuda property.

3. Background Checks

Real Estate Handbook 2021

Know what you are actually purchasing. • Property Condition: Bermuda is known for its proven construction methods; thus, buyers do not customarily request structural surveys. However, if the site is sloped, there is a possibility of termite infestation or outdated electrical and/or plumbing installations. • Boundaries: Ensure that the seller restakes the property boundaries to ensure there are no encroachments or other discrepancies. • Tenants: When purchasing a property that contains one or more units, verify: • If tenants are currently living in the property • Rent registered with the Rent Commissioner’s Office • There have been no illegal increases in rent and the history of tenant payments. • Planning Search: A planning search is conducted to ensure that no property development has been made without

planning permission. This usually takes four weeks to be processed. • Title Search: Your attorney will conduct a title search and will also search the Land Title Registrar’s Office and Supreme Court for any outstanding mortgages and judgments against the property, the seller, and predecessors in title. Land Taxes: These are payable twice a year in equal instalments. The history of payments should be verified.

4. Sign on the Dotted Line: Once you have made an offer on the property, and it has been accepted, your attorney will review the sale and purchaseagreement and make any necessary amendments before you sign it. Denis de Frias is a director of MJM Limited and is responsible for the firm’s property practice. Mr de Frias has more than 20 years of experience in a broad range of property transactions, including condominium development, complex financing structures and residential and commercial real estate sales and purchases.

25

LEGAL ADVICE

Acquiring Bermuda Real Estate:

Experienced, Local Legal Advice is Critical B

uying real estate can be a complicated procedure, especially in Bermuda. With no title insurance in Bermuda, the purchaser needs to confirm the title is in order through their attorney. An experienced local lawyer can assist you in determining whether you will acquire good title to any property before you buy. With over 75 years of experience in the Bermuda property market, Conyers can advise on any real estate deal on the island, whether standard or complex, residential or commercial. Our clients range from local home owners to international property developers. We have extensive experience working on large residential, commercial, condominium, hotel and resort property deals in Bermuda. The law relating to the acquisition of Bermuda real estate by non-Bermudians is complicated. The Bermuda Government restricts the properties, both freehold and leasehold, available to non-Bermudians to the upper end of the real estate market, along with those linked to hotel developments. The intention of this restriction is to preserve the majority of the housing stock and undeveloped residential land for Bermudian ownership. Whether or not a property is available for purchase by foreigners is determined by its annual rental value (ARV ) ascribed by the Government valuation department. Presently, only houses with an ARV above BM$126,000 and condos with an ARV above BM$25,800 qualify. Realtors typically indicate if a property is available for purchase by foreign buyers. Non-Bermudians require a licence from the Minister responsible for Immigration before they are granted permission to buy a house or leasehold condominium. The application, which 26

Conyers can advise on any real estate deal on the island

Francesca Fox

must refer to a specific property, may take between four and six months to approve. The advice of a Bermuda lawyer who is familiar with the law relating to non-Bermudian purchasers and with the licence application process can save much time and ensure the purchase goes smoothly. Like all Bermuda attorneys, our charges for property transfers are made in accordance with a scale established by the Bermuda Bar Association. Our attorneys also have a wealth

of experience in all kinds of property financing, including residential and commercial mortgages and project financing. We work with all major banks in Bermuda and act extensively for both lenders and borrowers. Should the need for litigation arise, we can handle all aspects of civil and commercial arbitration and litigation in connection with residential or commercial property. Conyers Real Estate and Property Development Team Francesca S. Fox Director francesca.fox@conyers.com +1 441 278 7989 Oliver Goodwin Associate oliver.goodwin@conyers.com +1 441 278 7996 Cynthia M. Millett Counsel cynthia.millett@conyers.com +1 441 298 7898

Real Estate Handbook 2021

co nyers .co m

For experienced legal advice on all property matters contact Conyers’ Real Estate and Property Development team. b

BUYING, SELLING, LEASING, DEVELOPING?

We welcome both local and international clients.

STRAP ADVICE LEGAL

8 things every first-time home buyer needs to know Perry P. Trott of Trott & Duncan Limited provides essential advice to those taking their first step on the property ladder Should you get mortgage preapproval? Yes. It will give you an idea of how much you can afford and eliminates wasting time looking at homes outside your price range.

Do I need a sale and purchase agreement? Yes. This agreement sets out a number of terms and details including but not limited to the buyer and seller information, your offer amount, a brief description of the property, the closing date, who pays the closing costs, the boundary/structural survey, and extra details such as chattels.

Do I need an attorney? Yes, an attorney who specialises in property law. The attorney will review all the agreements and ensure that you are aware of any potential problems. The attorney will also draft the conveyance and other required documents to transfer

ownership of the property to you.

How long does it take? Approximately 40–45 days from the date you put in an offer. One reason is because of the searches that your attorney must undertake, such as at the Department of Planning, which can take 28 days. This search will ensure that there are no illegal developments on the property.

How much will it cost? Most of the expenses associated with purchasing a property are government taxes, particularly stamp duty. This is between 2%–7% of the purchase price depending on the price of the property. There is also stamp duty on the mortgage document. The mortgage proceeds usually cover the purchase price, but there are extra costs such as search fees, legal fees, Land Title Registration fee and the bank’s negotiation fee. As a first time home buyer am I exempt from stamp duty?

Stamp duty is charged on the purchase of houses, condominiums, apartments, other buildings and undeveloped land. The only occasion where stamp duty does not apply to a property sale transaction is in the case of a first-time homeowner purchasing a property for $750,000 or less. Various conditions apply and your attorney can advise if you’re eligible.

Should I have the house inspected or commission a structural report? Buyer beware applies and the buyer will inherit any defects with the property. So, never buy a home without inspection. You might also consider commissioning a structural survey depending on the condition of the property. Perry P. Trott is a director of Trott & Duncan Limited and is responsible for the firm’s property practice. This article is for general guidance only. It should not be used as a substitute for professional legal advice. Before proceeding with any matters discussed here, please consult an attorney.

MANAGEMENT LIMITED

Trust Service Commitment Services: Services: We provide an extensive range of services to our property clients in the following areas:

Property Conveyance Property &&Conveyance General Property Advice Purchase and SaleLaw of Residential and Commercial Property Entertainment Law Intellectual PropertyLaw Law Entertainment / /Intellectual Property Condominium Development Private &&Estate Planning PrivateClient Client Estate Planning Mortgages and Secured Lending Civil Litigation

Civil Litigation

Residential and Commercial Leases

Corporate Corporate

Planning and Development

17A A Brunswick Street, Hamilton Hami HM10 PO Box HM 2094, Hamilton HM HX Trott & Duncan Limited TEL: 441.295.7444 FAX: FAX: 441.295.6600 Trott & DuncanWEB: Building EMAIL: info@td.bm www.td.bm 17A Brunswick Street, Hamilton HM 10 PO Box HM 2094, Hamilton HM HX TEL: 441.295.7444 FAX: 441.296.6600 EMAIL: info@td.bm WEB: www.td.bm

Trust&&Financial FinancialStructures Structures Trust

Rent-to-Buy Agreement

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Real Estate Handbook 2021

EXPERT ADVICE

Building, Interior Design, Decorating Services & Furniture Stores AIRCARE Brendan Stones 292-7342 Anslie’s Interior Décor Cindy Laws 236-9993 BAC Group of Companies Christopher Schuler, Man Dir. 278-6221

info@aircare.bm info@anslies.com c.schuler@bac.bm

www.aircare.bm www.ansliesdecorbermuda.com www.bac.bm

BATE’S/Joshua Bate Trading Bermuda Ltd. Jill Hanson

jill@bate.bm

www.bate.bm

297-4440 293-7326 293-4487 292-5209 296-1616 292-8500 Wayne Clapham 747-7627 Matt Walker 293-4887 Paul Martin, General Manager 295-5134 Ben Wilson 261-7327 Architecture, Interior Design & Landscape Architecture 278-3550 Michael Ross 337-1168 405-3163

ben@bigsavingszone.com info@dreams.bm gskinner@efficiency.bm chrismayne@furniturewalk.bm glconstruction@northrock.bm info@hamma.bm hvacshack@coldsnapservices.com info@intelligentautomation.bm sales@islandglass.bm info@lifestylefurniture.bm

www.bigsavingszone.com www.dreams.bm www.efficiency.bm www.furniturewalk.com www.se7enpark.com www.hammagalleries.bm www.hvacbda.com www.iasbda.com www.islandglass.bm www.lsfurniturebermuda.com

bermuda@obmi.com mrosspainting@gmail.com customercare@sears.bm

bermuda.obmi.com

Keiva Maronie-Durham Francesca Fox, Director Denis de Frias Kevin M George

292-2308 278-7989 292-1345 295-8607

kmdurham@amicuslaw.bm Francesca.Fox@conyers.com ddefrias@mjm.bm kgeorge@mglaw.bm

www.conyers.com www.mjm.bm

Perry Trott

295-7444

ptrott@td.bm

www.td.bm

Consumer Credit Dept 298-4799 Personal Lending 299-5959 option 5

info@butterfieldgroup.com

www.butterfieldgroup.com www.hsbc.bm

Cesa Edwards Sue Frith Sue Lusher Albert Moura Kim Sheen Heather McInnis Brittany Archer Sally Ann Smith

232-2769 333-7067 333-9138 236-0737 734-1264 737-5753 505-1466 535-4521

cesa@bermudalongtail.com sue@frith.bm sue@joylusher.com albert.moura@kwbermuda.com

Larry Sticca

704-0454

larry@mcinnisandassociates.com

www.mcinnisandassociates.com

Security Systems & Access Control Anderlin Industries Ltd G. Andre Morris

296-4021

anderlin@logic.bm

www.anderlin.bm

Specialty Services Bermuda Pest Control Bermuda Waterworks P&M Electrical Temperature Control & Plumbing

236-1823 299-7873 296-9524 295-1811

bpest@northrock.bm purewater@bwl.bm Terry@pandmelectric.com tcp@northrock.bm

www.pestcontrol.bm www.bwl.bm

BIGSavingsZone.com Dreams Efficiency Limited Furniture Walk GL Construction Hamma Galleries HVAC Shack Intelligent Automation Solutions Island Glass LifeStyle Furniture OBM International Ross Painting Sears Lawyers Amicus Law Chambers Ltd Conyers MJM Ltd Moniz & George Trott & Duncan Mortgages Butterfield HSBC Bermuda Real Estate Bermuda Longtail Real Estate Ltd Frith Real Estate Joy Lusher Real Estate Keller Williams Bermuda Kim Sheen Properties McInnis & Associates The Property Group Ltd Real Estate Appraiser McInnis & Associates

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236-7880

Ben Wilson Ben Wilson George Skinner Chris Mayne

Justin Tavares Karlene Kelly Terry Corday, Sr., Pres/Owner Trevor Gillis

www.sears.bm

www.bermudalongtailrealestate.com www.frithrealestatebda.com www.joylusher.com www.kwbermuda.com kim@kimsheenproperties.bm www.kimsheenproperties.bm heather@mcinnisandassociates.com www.mcinnisandassociates.com brittany@tpg.bm www.property-group.com sallyann@tpg.bm www.property-group.com

www.temperaturecontrol.bm 29

Right at home, by .

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