IPN July 2010

Page 1

island

July 2010

FREE

property The place to find homes for sale and rent.

Available free each month from news stands and real estate agents islandwide.

NEWS

Bermuda at its best

As you enter this tranquil part of Bermuda in the heart of residential Tucker’s Town, it prepares you for the relaxation of this special seaside home. A graceful, curving drive ensures the privacy of the house from the road and beguiles the eye at every turn. Tucked serenely away amid the gardens of this two acre property, the house affords panoramic views of the south shore from every major room and lush landscaped scenery everywhere else. The first thing you see upon entering the home is a stunning architecturally framed view of the turquoise sea ahead. Sharing the entry level of this 1982 split-level house are the kitchen, the generously proportioned

living room which features both garden and seaside verandahs, and a breathtaking dining room surrounded with glass and adjoining the dramatic outdoor dining patio first seen from the main entrance. Located just a few stairs up are a spacious study and the expansive master suite overlooking the lovely pool, the beach and the sea. Below, on the pool terrace level, are three additional bedrooms, all with baths en suite. Stroll the attractively planted gardens which include a lovely Bermuda moon gate, unwind on the pink sand beach or wander among the pathways through the wide rocky foreshore to watch parrot fish nibbling at the reefs below. This exceptional property provides carefree living in an idyllic setting and is available to Bermudians and non-Bermudians. For additional information and an appointment to view, please contact the sole agent Vicky Hamshere at the Property Group..

T (441) 234-6900 F (441) 234-6892 info@property-group.com www.property-group.com

Tucker's Town Waterfront The turquoise sea greets your entry and surrounds you everywhere you go in this spectacular Tucker’s Town home. (See editorial above) Please email the sole agent Vicky Hamshere at hamshere@logic.bm

PG Frnt Cvr July 10_2.indd 1

6/28/10 9:40:24 AM


island

What would happen if you died tomorrow? (Part 2)

property

by Heather Chilvers, Sales Representative, Coldwell Banker Bermuda Realty

NEWS

Your POA: In the event you are incapacitated during your lifetime everyone will be spared a lot of unnecessary trouble if you have in place an Enduring Power of Attorney. This will allow a person that you designate to take care of your business and affairs if you become incapable of doing so. Failure to make an Enduring Power of Attorney will result in your loved ones having to hire an attorney to make an application to the courts for a ‘Receiving Order’, which will enable them to oversee your affairs when you are incapacitated. A word of warning here, Power of Attorneys can be abused by greedy family members. Choose someone trustworthy and responsible.

Real Estate Index Coldwell Banker. . . . . . . . . . . . . Pg 3

Longtail Realty. . . . . . . . . . . . . Pg 12

Your Registered Primary Dwelling: Your main residence is exempt from death tax if you have registered it as your Primary Family Homestead. Application forms are available from the Tax Comissioner’s Office. If you FAIL to designate a property as your primary residence prior to your death, any property that you Heather Chilvers own will be subject to the prevailing rates of death duties, which on a property worth $1.5m could be as much as $162,500. Your estate representative can make an application after your death; however they can only designate the property in which you lived, which may not be the most valuable. If you don’t live in any of them i.e. have been in extended care for a long period of time, they can only designate the one with the least value. If you DO NOT have a Will (see above) you DO NOT have an estate representative!

Property Group. . . . . . . . . . . Pg 1 & 3

Mortgage Insurance:

Rego Sotheby’s. . . . . . . . . . . . . . Pg 3

This will cover a lump sum payment off the balance of your mortgage should one or both of you die before the mortgage is paid off. This is a tremendous help for your surviving spouse or loved ones. Bank of Bermuda and Bank of Butterfield both offer this service as do many of the independent Insurance companies. Cost varies depending on sex, age, health and if you are a smoker. No exam is required up to $500,000. If you work at your own business also consider disability insurance.

CRE Properties. . . . . . . . . . . Pg 4 & 5 CapCar Enterprises Ltd. . . . . . . . Pg 4 Joy Lusher Real Estate. . . . . . . . Pg 6 Kitson Real Estate . . . . . . . . . . . Pg 7 KM Realty. . . . . . . . . . . . . . . . . Pg 4

Roderick DeCouto Real Estate. . . Pg 3 Sinclair Realty. . . . . . . . . . . . . . Pg 9 Whitecross Development. . . . . . . Pg 5 WJ Seymour Real Estate. . . . Pg 1 & 4

Related Services BAC . . . . . . . . . . . . . . . . . . . . Pg 11 BF&M. . . . . . . . . . . . . . . . . . . Pg 12 Island Glass. . . . . . . . . . . . . . . . Pg 1 The Property Law Group . . . . . . . Pg 2

Taxes: If you have dual citizenship or you are an alien spouse of a Bermudian, you will need to investigate any tax repercussions of property ownership in Bermuda with a good tax advisory specialist. Tax policies vary from country to country, it will be pricey but it will save you money in the long run. Joint Accounts: If you are on a joint bank account with someone at the time of your death, assets in that account will automatically go to them as the joint account holder. Do not keep large amounts of money in a joint account as these monies are beyond the control of the instructions in your will. Remember this – your procrastination now will cost your family additional money later. Put in place all the paperwork outlined above and with the peace of mind it brings you, may you live a long, happy and healthy life.

Editorials. . . . . . . . . . . . . . . Pg 1 & 2 People on the Move . . . . . . Pg 5 & 11

After the Closing, Which Documents Should I Keep?

Realtor Listing. . . . . . . . . . . . . . Pg 8 Rentals. . . . . . . . . . . . . . . . . . Pg 10

Island Property News is published by Property News Limited P.O. Box 3315, Hamilton HMPX

Contact: Carrie Portnoy Tel: (441) 236-2025 ext.226

by Keiva Maronie, Associate at The Property Law Group Ltd. There is so much paper during the home buying process. What is required? Are copies ok? Do I need original documents? Every buyer should maintain a complete file after purchasing his or her home. This means having copies of all documents that were signed during your transaction. Original documents are generally kept by your attorney and your lender however; buyers should keep copies of all documents showing the signatures of all the parties. In addition, buyers should request certified copies of documents endorsed with the relevant stamp duty and registered in the proper manner. These documents should be kept in a safety deposit box or fireproof safe. The main reasons to keep the following documents are for future reference. The documents will be very important in the event that you need to file a legal claim against the vendor or the contractors.

Fax: (441) 236-4132 Email: carrie@emedia.bm Publishers: Tricia Lines Hill and Diana Heslop Circulation: 5,000

Sale and Purchase AgreementThis is the contract to buy the home. It contains all of the terms and conditions required for closing. It is important to hold on to the agreement so that you can ensure before the closing that all matters that were agreed between you and the seller have been completed. Requests for RepairsThese are requests that you or your attorney may have made to the seller during the negotiations. It is important to keep the requests and the answers received by the seller to ensure that all necessary repairs may have been made. If the requested repairs have not been made, there are remedies. See our article entitled “The Final Walk-Through” for more information.

Production by: emedia Bermuda Limited Printed by: Bermuda Press Ltd. Space Deadline: 18th of the month prior to publication

Artwork Deadline: 20th of the month prior to publication

Seller Disclosures These are any written or verbal warranties, guarantees or disclosures that the seller provides. It is imperative that a list is kept in case problems arise shortly after purchasing the property. In some cases, a buyer may have a claim against a seller or a developer if the property is new for breach of warranty. Mortgage and Transfer document As a buyer, you will not receive the original documents until the mortgage is paid. On completion of your purchase, your attorney will send the mortgage documents and the transfer document to your lender along with the other title deeds in your deed packet. Once your mortgage is paid, you will be able to collect your title deeds. A certified copy of your transfer document can be used to show ownership. Additionally, a copy of your mortgage will remind you of your obligations to your lender.

Specialising in: Sale and Purchase of Residential and Commercial Properties | Residential and Commercial Leases | Boundary Disputes and Adverse Possession | Contentious and Non-Contentious Property Matters | Wills | Commercial Contracts

Barristers & Attorneys w Island Property News • July 2010

Tel: 292-4978 | Fax: 292-4455 | email info@tplg.bm | web: www.tplg.bm


Coldwell Banker Bermuda Realty Atlantic House, #11 Par-la-Ville Road, Hamilton Tel: 441-292-1793 • Fax: 441-292-7918 www.bermudarealty.com

TUCKED AWAY Looking to expand... then "Tucked Away" perfectly describes this family home offering plenty of square footage, peaceful surroundings, sparkling swimming pool and waterfront strip of land (.010 acres) on Jew's Bay. A terra cotta tiled hallway leads to a spacious kitchen with pass through to adjoining family room. Laundry room combined with storage is located nearby. Adjacent to the dining room is a separate living room that opens out to a large covered patio overlooking the tranquil pool and lawn area. Another tiled hallway with storage closet extends to the bedroom wing where there are two large bedrooms and an even larger master bedroom with bath ensuite. A one car garage is attached and for additional storage, there is an oversized basement. Well manicured lawns and fencing surround this entire property. $1,700,000. Sole listing #6094 Fiona Hatfield Listing Agent fhatfield@brcl.bm 534-9932 Each office is independently Owned and Operated. Coldwell Banker Bermuda Realty is a Trade Name of Bermuda Realty Company Limited.

Great Return

July 2010

CITY LIVING LUXURY

And easy living too! Spacious and light-filled, this condominium home offers 2 bedrooms, 2 full bathrooms, openplan living dining and kitchen leading out to private corner balcony. Good investment return.

$895,000.00

Homes witH Views & income Coral Cliff, Hamilton ParisH Unobstructed water views, 123 ft of waterfront plus additional 2 bed apartment from this 2 bed, 1.5 bath home.

$1,450,000

PEACEFUL AND QUIET

And just minutes from City! Tucked away in tranquil garden with views of North Shore, this 2 bedroom, 1 bathroom condo is just perfect for the first time home owner. Tall vaulted ceilings add spaciousness. Living room with glass doors leading out to patio.

Only $650,000.000

Judy Shrubb

Call Judy Shrubb, Listing Agent, 292-4990 or 704-0404

leam, WarWiCk spacious 3 bed, 3 bath house, overland views of the Great sound, glimpses of the south shore, income from 1 bed apartment.

$1,099,999

erna DeGraff 335-0984 edegraff@regosir.com

P.O. Box HM2184 Hamilton HM JX TEL:(441) 292-4990 • EMAIL: info@decoutore.com • WEB: www.decoutore.com

Island Property News • July 2010 w


Panoramic Water Views in Smith's ' This immaculate property underwent total renovations in 2002. The house is sited on a hill offering spectacular sweeping views overlooking Harrington Sound and the South Shore.

Features include: 1,000 sq ft master suite, 700 sq ft guest suite, 3rd and 4th bedrooms both ensuite. The 4th bedroom is located on the main level and is suitable for alternate use if not required as a bedroom. There is a dramatic 2 storey stair hall, formal living room with fireplace, spacious kitchen with casual dining area and wet bar, semi circular room adjacent to the kitchen suitable for use as a TV/family room and a formal dining

room which comfortably seats 16 guests. All rooms have water views. Additional features include pool, pool house kitchenette, shower room and bathroom, large garage and dry storage room suitable for use as a wine cellar. Manicured fruit trees, mature shrubs and flowering plants abound. A delightful bricked courtyard addition was recently completed beautifully planted with rock gardens, planters and

trellises accessed from principal rooms affording privacy in a garden setting. An extensive new cobblestone driveway was recently installed. This elegant home was rented in 2003 as a diplomatic residence and is suitable for hosting large functions. The house is in move in condition with a proven rental return in excess of 7% of the asking price. Please note this property is owned by the advertising agent. Further details and photos available on our website. All measurements are approximate

Beverly Sgobba

Donato Sgobba

(Tel) 535-5487 • (Fax) 295-8158 (Email) creprop@ibl.bm • www.creproperties.com P.O. Box HM 1067 • Hamilton HM EX • #22 Church Street • Hamilton

w Island Property News • July 2010


• Heated pool • Fitness center • Extra storage areas • Network/

Internet ready

People on the move

• Underground parking

Henry Tavares

Henry is the newest member of our sales team, having recently embarked on a career in real estate following his retirement from the insurance/reinsurance industry where he was involved for over 35 years.

He is enthusiastic about his “second career”. Henry fervently believes that it should be a goal of every eligible individual or couple to own their own home and eagerly looks forward to assisting individuals achieve that objective. His strong work ethic, integrity and professionalism will be sure to benefit clients in the pursuit of their real estate needs. “I am proud to be associated with such a well established and reputable Realtor such as Roderick DeCouto Real Estate Ltd.” says Henry. “Working in a small office gives us the distinct advantage of providing more personable and attentive service. We may not be the biggest, but we do strive to be the best.” Please contact Henry at 292-4990 (office), 536-1948 (cell) or e-mail htavares@decoutore. com for all your real estate needs. Island Property News • July 2010 w


Sales • Rentals • Property Management • Insurance 89 Harbour Road, Warwick PG 01, Bermuda Tel: (441) 236 5120 • Fax: (441) 236 7409 Email: info@joylusher.com

Keeping Real Estate Personal

www.joylusher.com

MURRELL’S VALE, 1 ASTWOOD ROAD, PAGET

DOVEDALE, SOUTHDOWN FARM, SOUTHAMPTON

Available to Bermudians only, this charming home steeped in Bermudian history has expansive mature gardens with a pool and separate cottage with own assessment number. This three bedroom, three bathroom home hosts a master bedroom with it’s own en-suite makes for a wonderful family home. Wood graces the floors and windows in all rooms in this two story home. There is separate den or guestroom on main floor. The studio cottage is a one large room with working wood burning fireplace and is currently rented. A newly built out building on the property offers a great storage space or workshop. A well and Watlington Water supply the pool, and homes. A renovation to kitchen and bathrooms have been recently done as well as the plumbing and electrical systems for both cottage and house. Walking distance to the city, this home makes the “work/life” balance possible.

Unique and beautifully appointed multi- terraced townhouse, artfully designed to enhance flow from inside home to very private outdoor areas. Comprising 2 large bedrooms each with bathrooms en suite, large, beautiful custom designed kitchen, large living room with fireplace and wide planked pine flooring and a generous screened sun porch. There are 3 very different outdoor patios and gardens, thoughtfully landscaped for ambiance and privacy and 2 large covered verandahs.

Sole Listing – Asking $950,000 available to Bermudians, Long term resident certificate holders and non-Bermudians.

Asking $2,250,000

#7 FOREST HILLS WARWICK Wonderful family home with income in a great central neighbourhood! Built in 1982 on .327 of an acre, this split level home sits high on a hill in a wonderfully quiet and central family neighbourhood. The main house on the upper level comprises: Entrance hall, open plan kitchen, dining and living rooms, beautiful wood flooring, 2 guest bedrooms and shared hall bathroom, master bedroom with ample closet and bathroom en suite. Downstairs is a spacious apartment with a very large living room, full size kitchen, walk in closet, full bathroom and 1 bedroom currently earning $2500 per month. The entire house was renovated in 2004 with new flooring, kitchens, bathroom, windows, doors and split a/c system. The property is zoned Residential 1 so there is great potential to add on to this house with additional apartments or just make a larger house.

Sole Listing – Asking $1,495,000

CLOVERDALE – NEW SOLE LISTING Ground floor 2 bedrooms, 2 bathrooms, combined living and dining room with covered patio, central heat and air and laundry facilities. Amenities include; lovely ocean views, small private beach and ocean front pool, private nature reserve substantial acreage ensures privacy. Walking distance to bus route, pharmacy, gas station and grocery store. Tenant in place showing fair market return.

Asking $675,000

TRILOGY COURT One of only 3 units in a very private Paget neighbourhood, is this wonderfully renovated townhouse comprising; a large open plan kitchen, dining and living room with fireplace, powder room, 2 bedrooms and 2 full bathrooms and ample storage. Private patio. Monthly maintenance only $350. Asking $925,000

OCEAN COURT Bright and cheerful, purpose built with seniors in mind, we have 3 units currently available in this very private development. All located on garden level, they comprise; kitchen, large living and dining room combined, large bathroom, bedroom and study/den area. Each unit has its own large storage room. Close to South Shore beaches, bus route and shops. Prices starting at $570,000 Please visit our website; www.joylusher.com to view photographs Representing Bermuda’s finest properties Sue Lusher - Sales Tel: (441) 236 8671 Cell: (441) 333 9138 Email: sue@joylusher.com

Beth Gosling - Sales Tel: (441) 232 1428 Cell: (441) 335 3588 Email: beth@transact.bm

w Island Property News • July 2010

Liz Lusher - Sales Cell: (441) 334 8104 Email: elusher@logic.bm

Diana Martin - Sales and Rentals Cell: 441-337-0226 Email: diana@joylusher.com

Member of Real Estate Division Bermuda Chamber of Commerce


Island Property News • July 2010 w


REALTOR LISTINGS Acorn Realty Suite 1414, 48 Par-La-Ville Road Hamilton HM 11 T. 236-4800 • F. 232-4222 E. info@acorn.bm • www.acorn.bm Bermuda Longtail Real Estate Ltd. P.O. Box SB 92 Sandy’s, SBBX T. 232-2769 • F. 232-2770 E. aaac@logic.bm Bermuda Universal Realty Ltd. 6 Wesley Street, Hamilton HM 11 T. 295-1546 • F. 295-8734 Boetia Property Company Ltd. 2 Cut Road, St. George’s GE 04 T. 297-3038 • F. 297-2348 E. boetia@northrock.bm CapCar Enterprises Ltd. The CapCar Building 5 Burnaby St. Hamilton HM12 T. 295-0754 • 295-1495 E. info@capcar.com • www.capcar.com C.R.E. Properties Ltd. 22 Church Street, Hamilton HM 11 T. 535-5487 • F. 295-8158 E. creprop@ibl.bm www.creproperties.com CareCorp Ltd. 19 Front Street, Hamilton HM 11 T. 292-2432 • F. 292-2175 E. logproperty@northrock.bm Carib Bermuda Realty P.O. Box GE 372, St. George’s T. 735-3471 • F. 297-5873 E. caribbermuda@yahoo.com www.caribbermuda.free.bm Century 21 Bermuda Properties “The Stables”, 91 Reid Street Hamilton HM 19 T. 441-293-2121 F. 441-295-6840 E. century21bermudaproperties.com Coldwell Banker Bermuda Realty 11 Par-La-Ville Road, Hamilton HM 11 T. 292-1793 • F. 292-7918 E. mail@brcl.bm ww.bermudarealty.com Coral Properties Limited 8 St. James Village, Hamilton FL 04 T. 295-7434 • F. 295-5944 Crisson & Company Ltd. 6 Dundonald St. W, Hamilton T. 295-0826 • F. 295-3221 E. crissonco@crissonrealestate.com www.crissonrealestate.com Dale Young Properties Ltd P.O. Box 770, Warwick WK BX Bermuda T. 441-236-5200 • F. 441-236-5201 E. dyproperties@logic.bm www.dyproperties.bm DeCouto & Dunstan Real Estate Ltd. 15 Parliament St., Hamilton HM12 T. 292-0616 • F. 295-4618 E. barrydc@northrock.bm www.decoutoanddunstan.com Dunlop Realty Co. Ltd 7 North Shore Road,

Devonshire DV 01 T. 295-0734 • F. 295-8266 E. ldunlop@dunloprealty.bm www.dunloprealty.bm Gutteridge-Hart Property Management & Rentals T. 232-2437 or 504-0022 E. gh@northrock.bm Hope B. Bowker Real Estate Ltd. Suite 202, International Centre Building, Bermudiana Road, Hamilton T. 295-9191 • F. 295-2375 Horsfield Property Services Estate Agents, Auctioneers & Appraisers 2nd Floor, Armoury Building, #37 Reid St., Hamilton T. 292-9328 • F. 278-9928 E. horsfield@logic.bm Island Properties Suite 1112, 48 Par-La-Ville Road, Hamilton HM 11 T. 236-2644 • F. 236-6202 E. neil@iproperties.bm Joy Lusher Real Estate Ltd. 89 Harbour Road, Warwick PG 01 T. 236-5120 • F. 236-7409 E. info@joylusher.com www.joylusher.com KM Realty Ltd. Room 100, Washington Mall 7 Reid Street, Hamilton HM 11 T. 296-2400 • F. 296-1865 E. kmrealty@northrock.bm www.kmrealty.bm Kitson & Company Ltd. 5 Reid Street, Hamilton HM 11, P.O. Box HM 449, Hamilton HM BX T. 295-2525 • F. 295-0814 E. realestate@kitson.bm www.kitson.bm Leonard O. Gibbons Real Estate Ltd., 19 Front Street, Hamilton HM 11 T. 292-4905 • F. 292-2175 E. logproperty@northrock.bm McInnis & Associates Ltd. 37 Reid St, Hamilton T. 295-1663 • Cell: 737-5753 F. 292-1210 E. heather@hmcinnis.com www.hmcinnis.com Moura & Associates Real Estate Services Limited 9 Berry Hill Road, Paget DV03 T. 236-0737 • F. 236-0413 E. info@mouraandassociates.com www.mouraandassociates.com My-Bermuda-House.com Limited Suite 404, International Centre 26 Bermudiana Rd. Hamilton Tel. 292-6245 E. info@my-bermuda-house.com www.my-bermuda-house.com Ocean Town Real Estate 7 Valley Road, Paget PG 02 T. 232-5775 • F. 232-5778 E. waclma@northrock.bm

Platinum Realty P.O. Box SN 81, Southampton SN BX T. 238-6037 • F. 238-6035 E. info@platinumrealty.bm www.platinumrealty.bm Premier Properties P.O.Box HM 2734, Hamilton HM LX T. 232-0083 • F. 232-0083 E. premierpropertiesinfo@yahoo.com www.premierpropertiesintl.com Prime Equities Real Estate P.O. Box Hm 1474, Hamilton HM FX T. 295-4446 • F. 292-8324 Progressive Realty Ltd. #44 Victoria Street, Hamilton HM 12 T. 295-4255 • F. 292-9950 E. progress@ibl.bm

Ted Gauntlett Realty Offering sales, rentals, and property management. “Melton Cottage”, 2 Surveyors Close, Sandy’s MA05 Tel. 295-4747 • Fax. 295-4746 E. gauntlett@logic.bm. www.bermuda.com/hosted/tedgauntlett Wigwam Real Estate Ltd. Somers Warf, 14 Water Street, St. George’s GE 05 T. 297-3800 • F. 297-3801 E. peterlever@ibl.bm W.J. Seymour Real Estate Ltd. The Ratteray Building #39 King Street, Hamilton HM19 T. 441-292-2342 F. 441-292-8210 E. info@seymourrealty.bm www.wjseymour.bm

Property Group Ltd., The “Nautilus House”, 82 South Road, Warwick Wk 08 T. 234-6900 • F. 234-6892 E. info@property-group.com www.property-group.com Rego Sotheby’s International Realty Cavendish House, 2 Cavendish Road, Hamilton HM 19 T. 292-3921 F. 295-7464 E. sales@regosir.com www.regosothebysrealty.com Rego Realtors Cavendish House, 2 Cavendish Road, Hamilton HM 19 T. 292-3921 F. 295-7464 E. sales@regorealtors.com www.regorealtors.com Roderick DeCouto Real Estate Ltd. 39 Reid Street, Hamilton HM 12 T. 292-4990 • F. 295-8530 E. info@decoutore.com www.decoutore.com Ruby Dane Realty P.O. Box 184, PG BX, Paget, PG04 T. 232-4461 • F. 232-7280 E. rworrell@ibl.bm www.rubydanerealty.com Sinclair Realty/Christie’s Great Estates by appointment only 69 Pitts Bay Road, Hamilton HM01 T. 296-0278 • F. 295-8693 E. estates@ibl.bm www.sinclairrealty.com

Not Listed? Please send details to carrie@emedia.bm or call 236-2025

SmithBridge Realtors 55 Court Street, Hamilton T. 292-1388 • F. 296-0069 Somers Realty Ltd. 97 Middle Rd, Warwick WK 06 T. 236-4001 • F. 236-5588 E. somreal@ibl.bm Skyline Realty Corner Walls, 31 Point Finger Road T. 541-0304 • F. 236-7776 E. mail@bermudaskyline.com www.bermudaskyline.com

Banner advertising availaBle!

There are four banner ads available: cover page, page 2, realtor listings page and rentals page. Contact Carrie Portnoy at carrie@emedia.bm or 236-2025 for sizing and prices. w Island Property News • July 2010


Roughill in Tucker’s Town Commanding a 2.6 acre hilltop overlooking the private Mid-Ocean Club Golf Course with beaches and other amenities within an easy walk or golf-cart ride. Roughill offers internationally sourced finishes, Crestron automation, an 8-bedroom main house, 2 pool cottages & staff apartment totalling 15,000+ internal sf. Wilkinson chef’s kitchen, stunning master suite & private study, extensive guest wing, games room and lounge, family room w/ entertainment center, gym, wine cellar, and spectacular verandahs for large-scale entertaining. Sole Listing. Offered at US$27.5 million. Available to International Purchasers.

‘Horizon’ At Hidden Cove For those who cherish time at the beach but also appreciate ease of maintenance, there may be no finer home in Bermuda than this elegant 4-bedroom/4.5 bath condominium residence at luxurious Hidden Cove, adjoining the Pink Beach Club & Cottage Colony in Smith’s. Accessed through a private bricked entrance court at garden level, the single-floor interior comprises 2900 square feet. Horizon is unique as it enjoys nearly direct access to the soft pink sands and turquoise waters. It is also highly private with a 515 square foot verandah that commands an immense south-facing ocean view. Sole Listing. Offered at US$3.83 million. Available to International Purchasers.

Frick’s Point This intriguing 8-acre peninsula, rimmed by soft pink-sand beaches and Bermuda’s most dazzling aquamarine waters, is located at the end of Tucker’s Town Road though the MOC security gate. Current ‘in-principle’ planning permission for a new spacious main house with swimming pool, two 3500 sf cottages and a private golf course. Large existing dock with mooring, enchanting ‘tower’ with studio accommodation, amazing cave with natural beachfront bathing pool. Designed c.1930s for descendents of Henry Clay Frick, the main house and cottage are full of character, though require extensive renovation. Along with their legendary appreciation for art, the family was environmentally mindful, with a deep love of nature and wildlife. The old turtle pool and rock pools, grass tennis court, longtail nests and endemic plantings are reflections of this tradition. Sole Listing. Offered at $25 million. Available to International Purchasers.

ExclusivE BErmuda affiliatE of christiE’s GrEat EstatEs OFFICE TELEPHONE: 296-0278 CELLULAR: 334-8437 FAX: 295-8693 estates@logic.bm 24 HOURS / 7 DAYS A WEEK www.sinclairrealty.com

Island Property News • July 2010 w


RENTALS deadline FOR Rental listings: 20th of the month prior to publication To place an ad or for further details please contact: Island Property News, P. O. Box 3315, Hamilton HM PX • Tel: 236-2025 • Fax: 236-4132 • Email: carrie@emedia.bm

$1500/ Month - Commercial space available. Single office for rent inclusive. In Hamilton on Reid St. Furnished. Call 3322308 or 3321883 $3,550/ Month - 2 bed, 1 bath renovated condo with wonderful South Shore views. My-Bermuda-House. com ref#1645, or 292-6245 $5,000/ Month - Two story 3 bedroom, 2.5 bathrooms, bedrooms all on the top level, living room , dining room, kitchen and laundry on the lower level. Lovely large yard with fruit trees. Available now! Call The Property Group 234-6900 $5000/ Month – Renovated family home, located in Smith’s, offering 2 beds, 1 bath, living room with fireplace, dining room, kitchen with stainless steel appliances and laundry. Outside detached playroom/ guest room with laundry and half bathroom. The yard is great for children! Daina Outerbridge 299-1504 at Rego Realtors $6,500/ Month - Available August 1, 2010. Paget. Three bedroom two and a half bath home. Large kitchen with stainless steel appliances and granite countertop opens up into the dining and living room. Spacious master suite offers two closets, ensuite bath and large terrace with a hot tub. Two additional bedrooms with shared full bathroom. Large patio and yard space great for outdoor entertaining. Hardwood flooring and tile throughout and split system a/c. Can be rented furnished or unfurnished. Attached one bedroom apartment that can be included at $7,500. Sole #5449, Rebecca Dunstan, Coldwell Banker Bermuda Realty 292-1793 $7,500/ Month – Gracious, private property, in Sandys, with large yard; great for children. Offers 3/4 beds, 2 baths, views from the master suite, living room with fireplace, dining room, den with fireplace, large kitchen and enclosed swimming pool. Helen Card 299-1505 at Rego Realtors $10,500/ Month - Lovely property sporting an impressive pool, complete with waterfalls, travatine surround and a great sound system for outside entertaining! (Very secure for young children). Spacious living area with large eat in kitchen (S/S appliances) and beautiful South Shore views are the first impression when you enter this centrally located house. Three bedrooms with 2 bathrooms (the master is very large) on the upper level and a guest area/office, bathroom and laundry on the lower level. Fully air conditioned, unfurnished, close to Spittal Pond and set in half an acre of land, there is a garage, government water supply and pets are welcome. . Great family home! There is also an apartment on the lower level which is occupied call Donna at Joy Lusher Real Estate 535 9909

10 w Island Property News • July 2010

$10,500/ Month - Brand new construction at Huntley towers available for rent . Penthouse unit with spectacular views. State of the art kitchen,3 beds, 4 baths office and rooftop terrace. Please call Sallyann of The Property Group 535-4521 to view $11,000/ Month - Located in a prestigious waterfront development, this tastefully furnished, very large 5 bedroom, 4 bathroom unit. Includes large living room with 2 waterfront patios, dining room, large modern kitchen, laundry and storage, spacious master bedroom ensuite, second large bedroom ensuite, 3 additional bedrooms with 2 bathrooms, and large family room with spacious patio. This development has 2 pools for residents use, parking and exterior storage. Liz Wright 331-2014 at Rego Realtors

convenient for transportation, shopping, restaurants and beaches and still only 5 minutes drive into town! Please call Isabella at The Property Group Ltd. 441-777-2101 Charming old Bermuda home situated in Tuckers Town with 4 bedrooms, 5 bathrooms, beautiful private grounds, beach front / ocean front. Available October 2010. Please call Brittany at The Property Group Ltd. 441-505-1466 Beautiful and spacious executive home for rent in Tuckers Town with 3 bedrooms, 3.5 bathrooms, one bedroom cottage, swimming pool and South Shore views. Available this September. Please call Brittany at The Property Group for price and appointment to view 505-1466

$12,500/ Month - Traditional Bermuda home, located on a quiet Lane off Pitts Bay Road, within easy walking distance to the City. Includes large living/dining & family rooms, spacious modern eatin kitchen, laundry, garage, master bedroom ensuite with patio, guest bedroom ensuite, and additional 2 bedrooms with shared bathroom. There are wooden floors and A/C throughout, large porch at front and rear of the property, spacious private garden and well secured pool. Liz Wright 331-2014 at Rego Realtors

Brand new 2 bedroom, 2 bath condo with den/ third bedroom for rent or sale. Finishes are top -of -the -line with stainless steel, granite, marble and hard wood. Beautiful South Shore views. Please call The Property Group Ltd., Barbara 505-9962 or Brittany 505-1466

HARBOUR ROAD Keepsake Cottage. Resort living! Brand new waterfront cottage at Newstead in Paget. Full use of gym, pool, tennis and golf and the water shuttle to Hamilton. 2 bedroom and 2.5 baths. A/c throughout. Ipe hardwood floors Wireless internet included. Laundry and a Fireplace .This is a perfect location with superior amenities. Call Lisa Outerbridge at Somers Realty 504-1090 or lisa @belmonthills.com

Tuckers Town 5 for rent from mid possibly longer. car. Contact Sole 532-7920

Charming Bermuda cottage with South shore views. This home is located in a nice family neighbourhood and comprises of two bedrooms (carpeted) with a bathroom. The long galley style kitchen has all major appliances and a breakfast bar with stools. This opens onto the dining area of the L-shaped living room. French doors from the living area opens onto a covered verandah and enclosed flat garden for private outside entertaining. The living room and dining area have wooden floors and all rooms have split system air conditioning. Easy access to beaches, shopping, transportation and restaurants. Available now. Please call Isabella at The Property Group Ltd. 777-2101 Tru de Trees - Absolutely fabulous modern two bedroom cottage with spacious entertaining verandah. This special and recently modernized cottage is perfect for the renter looking for convenience and low maintenance. It has two bedrooms both with ensuite bathrooms and an open plan living and dining room. Spacious up to date kitchen equipped with major appliance and separate laundry room and large pantry/storage room. Situated in Paget it is extremely

Tuckers Town and Smith’s rentals weekly or monthly - availabilities year round. 3 - 5 bedroom homes including cars, housekeepers and temporary club sponsorships. Contact CRE Properties on 532-7920 bedroom beachfront home January for up to 5 months Includes housekeeper and Agent CRE Properties on

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Email carrie@emedia.bm or call 236-2025


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People on the move

Open Saturday 8:00am -12:00pm

Rego Sotheby’s International Realty is delighted to welcome Sales Associate, Cheryl Trott back to our Cavendish Road office. Cheryl recently returned her focus to the broader Cheryl Trott full-scale residential market after spending the last two years specializing in fractional ownership sales at The Reefs Club. Prior to her real estate career, Cheryl served thousands of customers as an international flight attendant for American Airlines based out of John F. Kennedy airport in New York. Her professional travels took her throughout South America, North America and Europe. Through her experience in both customer service industries, Cheryl believes good communication is key to working most successfully with her clients. “It’s very rewarding to support my clients with excellent service and market expertise so they can make the most educated decisions for their lives.” she states. Cheryl can be reached at 299-1406 or ctrott@regosir.com

Island Property News • July 2010 w 11


0.24 acre lot, $598,000

Looking to sell or rent your property?

2 bedrooms, $750,000

3 bedrooms, $725,000

3 bedrooms, $795,000

3 bedrooms, $745,000

2 apartments, $1,130,000

Pre-qualified buyers and tenants Call today! 3 apartments, $1,295,000

Vivienne Craig 505-2023

3 bedrooms, $1,297,000

4 bedrooms, $1,497,000

Cesa Edwards 300-2768 Annmarie Malcolm, 532-6212

3 bedrooms, $1,650,000

Bermuda Longtail Real Estate Ltd SALES & RENTALS Office: (441) 232-2769 / Fax: (441) 232-2770 Cesa Edwards - Broker/Owner Email: aaac@logic.bm

Jutkita Wilson 505-6590

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12 w Island Property News • July 2010

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