IPN March 2011

island

March 2011

FREE

property The place to find homes for sale and rent.

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

NEWS

100% Financing Available!

Long Bay Villas” offers the first time home owner a possibility of 100% financing with Capital G and stamp duty exemption.

This new development of 14 units is set on a quiet west end road and conveniently located within walking distance to a beach, bus stop, grocery stores, schools and churches. The units are a mixture of single level and townhomes with

prices ranging from $550,000 $595,000. Each unit consists of 2 bedrooms, a bathroom, powder room and large open plan living/ dining room and kitchen with breakfast bar. The superior high end finishes include natural stone and tile, granite counter tops, stainless steel appliances, chrome bath fittings and reverse cycle air conditioning and ceiling fans throughout. Each unit has access to a 8’ x 6’ basement storage area. The driveway is brick paving and there is ample parking. This is an opportunity for any purchaser to take advantage of! Priced from $550,000.

For more information or to make an appointment call Erna DeGraff 335-0984 at Rego Sotheby’s International Realty.

The Breakers

Soncy

Fairylands Cottage

Enjoy living on the south shore with the most spectacular views from the large covered porch and from most every room in this lovely 2 bed, 2 bath condo. Watch the whales and listen to the waves rolling onto the rocks and private beach below.

The most perfect harbourside location, facing south in a sheltered bay and just minutes from town. "Soncy" dates from 1885 with the elegance of that gracious age, in an extremely private setting. Four family bedrooms, each with private bath, plus staff bedroom and a waterfront studio apartment. Swimming pool, dock and two moorings.

Great opportunity to own a cute cottage in the desirable Fairylands neighbourhood.

This is an adorable one bedroom cottage with lots of potential to add on to create an executive home.

Purchase price is $850,000.

Please call Sallyann 234-6900 or cell 535-4521

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

Please call Margot Cooper 236-5664 or 535-4323

Please call Sallyann 234-6900 or cell 535-4521

island

Buy now and forever hold your piece…. of The Rock

property NEWS

Real Estate Index Bermuda Longtail Real Estate. . . Pg 6 Coldwell Banker. . . . . . . . . . . . . Pg 3 Ele Properties . . . . . . . . . . . . . . Pg 3 Joy Lusher Real Estate. . . . . . . Pg 11 Longtail Real Estate. . . . . . . . . . Pg 6 Kitson Real Estate . . . . . . . . . . . Pg 7 Rego Building, Hamilton. . . . . . . Pg 4 Rego Sotheby’s.. . . . . . . . . . . . . Pg 3 Roderick DeCouto Real Estate. . . Pg 4 Sinclair Realty.. . . . . . . . . . . . . . Pg 9 The Property Group. . . . . . . . . . . Pg 1 Tuckers Point Club. . . . . . . . . . . Pg 5 WJ Seymour Real Estate. . . . Pg 1 & 4

Related Services BF&M. . . . . . . . . . . . . . . . . . . Pg 12

Sharon Cranfield, Sales Associate, Rego Sotheby’s International Realty If you have a little money stashed away and it’s earning low interest, now is the time to take the plunge and dive into the real estate market.

I Property prices are lower than they were 2 or 3 years ago, of this there is no doubt, and what we need to recognize here is that property prices are still considerably higher than they were 10 years ago. This represents a significant return on investment for those people who bought property at that time.

Buying a property and investing in Real Estate is still one of the best investments you can make in the long term.

As agents we see our job as interpreting the market trends and guiding you successfully through Sharon Cranfield the buying and selling process. We aim at facilitating a rewarding experience for both parties.

The Real Estate Market isn’t dead, it is just slow. The slow turnover means that properties are on the market longer, increasing supply. This reduces demand. Our free market economy runs on supply and demand so naturally this oversupply causes properties to compete for buyers. With competition such as this, the first thing that has the most affect on a winning outcome is cost and so we see a lowering of asking prices to make them more appealing to the market.

As properties drop to a price acceptable to more people in the market, they are snapped up. YES, they are being snapped up! I can give you numerous examples at all different price points of this. Single family homes that have sat for a year and suddenly sell or small condos where vendors have been desperate to move on for months find a buyer and close in 30 days.

Things that are priced to appeal to the market will sell.

Vendors are not losing on their initial investment if they bought 10 years ago or more. They may have even doubled the amount of money that they put into the property originally. This wouldn’t have happened by keeping their original down payment amount in the bank at low interest for all those years. It is a gamble that has paid off for them. The gamble of not selling it 3 years ago at the height of the market didn’t pay off quite so well. But then who knows the exact moment when the market is at its peak or when it has bottomed out?

I can’t tell you if house prices will continue to decline but I do know that everything else is going up, therefore inflation is going up, the value of cash is going down. The value of cash goes down, the value of tangible assets (like property) goes up in line with it.

If you are sitting on the wall, waiting for the real estate market to bottom out, I encourage you to look at our inventory of houses, condos and land on our website www.regosothebysrealty.com , and invite you to give me a call to ensure that you don’t miss your opportunity to own a piece of The Rock.

Island Glass. . . . . . . . . . . . . . . . Pg 1 Editorials. . . . . . . . . . . . . . . Pg 1 & 2

Beyond the bank: A Fresh Perpective On The Advantage Of Homeownership

Realtor Listing. . . . . . . . . . . . . . Pg 8

Kim Webb of Coldwell Banker Bermuda Realty

Rentals . . . . . . . . . . . . . . . . . . Pg 10

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

Contact: Jennifer Ward Tel: (441) 236-2025 ext.221 Fax: (441) 236-4132 Email: info@emedia.bm Publishers: Tricia Lines Hill and Diana Heslop Circulation: 5,000 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

Top Six Personal, Social and Emotional Benefits Highlighted For many people, owning a home marks a significant step on the path to achieving the “Bermuda Dream.” But recent news headlines surrounding the current economy and housing market have caused some potential homebuyers to sit on the sidelines hoping for Kim Webb the market to “hit bottom” while overlooking the many advantages of homeownership.

While owning a home continues to be a sound long-term investment which builds equity along the way, financial gain is not the only factor to consider when thinking about buying a home.

“Investing in a home offers immeasurable benefits that reach far beyond financial gains,” says Kim Webb of Coldwell Banker Bermuda Realty “When you purchase a home, you are making an investment in yourself, your family and your future.”

In 2010, Coldwell Banker Bermuda Realty helped numerous consumers buy and sell homes. Based on their feedback, the professionals at Coldwell Banker Bermuda Realty have identified the top six personal, social and emotional benefits of buying a home today: 1. Pride of Ownership: Pride of ownership is possibly the greatest benefit of all when it comes to owning a home. The feelings of accomplishment, safety and security that result from homeownership cannot be matched by any other purchase or investment. Reconfirming that pride of ownership is still a strong incentive for homeownership and that consumers continue to move for lifestyle, despite the economy.

2. Shelter: Buying a home is more than the sum of mortgage payments. Shelter is a basic need of human beings, yet the concept is often overlooked in the home buying process.

2 w Island Property News • March 2011

Remember, a home is a place where one lives and raises a family. Plus, it’s the only investment you can live in!

As we continue in a Buyers’ Market, potential homeowners have a distinct advantage over their predecessors. Home buyers today have the opportunity to be more selective in choosing a home that best fits their specific needs and wants.

3. Independence: A key difference between renting and owning is the flexibility a homeowner has in adapting a living space to individual tastes and needs. That means being able to decorate, renovate, landscape and add personal touches to one’s surroundings– without having to check in with a landlord first. Home improvements also have the potential to increase the value of a home, making “independence” a personal and financial benefit of homeownership.

4. Stability: One of the biggest rewards of being a homeowner is the financial stability it provides. Knowing exactly what your payments will be each month throughout the term of your mortgage enables you to budget and plan for other things you’ll want to do in life. While certain factors such as land taxes may fluctuate, the bulk of home-related expenses will remain stable and predictable.

5. Community: When you buy a home, you buy a share in a community - a social benefit rarely experienced by renters who are often considered “transient’, even after living in the same place for many years. Developing friendships with neighbors and feeling one has a place, fosters a safe and secure environment for oneself and one’s family.

6. Improved Quality of Life: Without question, owning a home has its financial advantages. The true benefit of which is the improved quality of life a boost in personal finances can provide. Whether that means having additional money to spend on necessities like food and utilities or being fortunate enough to afford luxuries like a new car or a vacation, purchasing a home is making an investment in a better future.

www.islandpropertynews.com

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

BERMUDA REALTY

MELCOT A beautifully renovated Old Bermuda cottage in the heart of Paget, rich with ornate woodwork that has been lovingly restored. There are two bedrooms and baths, both have been re-done in an Ultra Modern style with beautiful reflective glass. The kitchen with its Viking Stove and cooktop plus a large center island is perfect for entertaining and the creativity of a “Master Chef ”. The dining area off the kitchen has beautiful glass doors leading to the living room with cedar surround fireplace. From the kitchen area you access a large wooden deck, perfect for entertaining your friends under the stars. Below the deck you can luxuriate in your Sauna. On the lower level there is a very large one bedroom apartment that has a covered porch and is perfect for a teens apartment, granny flat or additional income. $1,350,000. Sole #6407 - Kim Webb Kim Webb Listing Agent kwebb@brcl.bm 337-1475 Each office is independently Owned and Operated.

Coldwell Banker Bermuda Realty is a Trade Name of Bermuda Realty Company Limited.

MARCH 2011

3 Bedroom Cottage

Waterfront Family Home

Price: $975,000.00 A charming 3 bedroom cottage situated on an elevated lot with water glimpses to the North. Close to town, in a popular residential neighbourhood. Directly adjacent to grocery store and a two minute walk to scenic, Spanish Point Park.

Entirely renovated and extensively modernized in 2009. The single storey cottage, with unfinished basement, sits on 0.152 acres. It has a very large, landscaped front lawn. The rear of the property has hard finishes and is ideal for entertaining. Additionally there is a large, elevated grass area to the rear of the house with fruit trees and hibiscus hedges.

The property features a covered front porch, modern bathrooms and new kitchen with granite countertops as well as reverse cycle A/C throughout and laundry room.

To view contact ele Properties Sole Listing Agent:Cell: 331 6673 or Office: 296 7096 Email: tgabai@eleproperties.com

www.islandpropertynews.com

Expansive gardens open onto the water and a mooring at this family home located in a desirable, quiet Southampton neighbourhood. A small sandy inlet on the property provides water access to Jews Bay. Just under half an acre of flat lot gives ample space for parking, expansion and useable yard. This home offers living room and dining room both with sliding doors onto the patio, newly renovated kitchen, 3 beds, 2 baths, laundry, large garage and an underground storage room. Perfect for a growing family! $1,750,000

Sue Sharpe 537-5831

ssharpe@regosir.com

regosothebysrealty.com 441.292.3921 Each office is independently owned & operated.

Island Property News • March 2011 w 3

city of hamilton, prime commercial space available march 2011

Take advantage today of this unique opportunity to lease prime commercial space located on Reid Street. Approximately 10,000 sq. ft. of available desirable commercial space on two floors. located in the ‘reGo bUilDinG’, 77 reid street, hamilton.

Attractive features include but are not limited to: • Air-conditioned building; • Ground floor entrance with roadside window showroom frontage; • Open space with tastefully partitioned areas, ideal for combined office and showroom usage; • Ample storage with side access for unloading includes open access to second level for goods; • Kitchenette / lunch room; • Private washroom facilities; AND MORE.....

Ground Floor: Approx. 6,000 sq ft Second Floor: Approx. 4,000 sq ft lease conDitions: • Long lease preferred; • Offering minimum of three (3) year lease; • Can be shared OR subdivision may be considered; • Price available upon request, subject to use and sq. ft.

Great potential for fUtUre lease: Office/s; Showroom/s; Warehouse/Storage: Business firm/s: Legal Office/s; Architectural Business; Dance / Music / Art / Design Business &/or Schools; Exercise / Gym facility OR create your own special business opportunity.

Just Vacated - Furniture Business / Showroom and Offices.

Do not miss oUt on this GolDen opportUnity!

For more information or an appointment to view, reply by sending an e-mail to jdecouto@logic.bm OR cell (441) 335-4940

It's a BUYERS Market!

Each of the following is good value and ready to move into.

Must be seen to be appreciated! Contact us today for more details.

MAIN ROYAL, WARWICK $725,000 2 Bedrooms Townhouse Fabulous Views Spacious Living/Dining Sole Listing ST. JAMES VILLAGE, FLATTS $1,175,000 4 Bedrooms 2 Bathrooms Amazing views and pool Sole Listing CONVICT BAY, ST. GEORGE’S $695,000 2 Bedroom end unit 2 Bathrooms Private beach & Lovely views Exclusive Listing

Judy Shrubb

Henry Tavares

Diana Heslop

Cell: 704-0404

Cell: 536-1948

Cell: 734-7535

P.O. Box HM2184 Hamilton HM JX - WWW.DECOUTORE.COM

TELEPHONE: (441) 292-4990 4 w Island Property News • March 2011

www.islandpropertynews.com

www.islandpropertynews.com

Island Property News • March 2011 w 5

LAND FOR SALE!

Del’s Court Condominium

Waterfront oasis!

Spicery

Own your piece of Bermuda today or great investment property!

Located on Lightbourne Drive, Warwick (off of Khyber Pass) is a spacious residential 1 zoning lot.

Subject to planning you can build 3-4 units or build a family home with income apartment. From the top of Lightbourne Drive, you will also enjoy overland views. Lot size 0.28acre

The price is right! A stunning upper floor condo, well maintained, and available now.

Conveniently located in Smith’s and a short walk away from John Smith’s Bay beach. Friendly open living/kitchen combination, separate dining room, two bedrooms, one bathroom.

Exterior storage and coin operated laundry. Low monthly

Located on Scaur Hill Drive on 0.215 acre with 106’ of waterfront is this meticulously landscaped property..limestone boulders, multiple water access, scores of coconut palms, exotic fruit trees and endemic windbreaks. Build your dream home on this lovely property!

New Everything!

Brand new town-homes located in a lovely neighborhood in Warwick with overland/ farmland views. Living room, dining room, kitchen and laundry. Three bedrooms, three bathrooms and spacious basement below.

Includes split air-conditioning and appliances. End unit has a garage. Only 3 units in total!

Creative financing welcomed for the discerning buyer.

Price: $499,000

maintenance fees.

Price: $524,500

Price: $650,000

Price: $750,000 - $850,000 Brand new Furnished Model Home for sale!! From your foyer there are three levels. Main level: open plan living/dining, kitchen with island, office desk, stainless appliances, granite counter tops, lots of cupboards and powder room. Upper level: Graces you with the master bedroom, ensuite bathroom and walk-in closet, additional bedroom,full bathroom and laundry. Lower level: Can be third bedroom, large finished basement or theater room. Also with wine cooler, walk-in closet and full bathroom.

Each level walks out to either a patio or private garden area with the most amazing views.

Price: $1,180,000 Cesa 300-2768

Ann 532-6212

Jutkita 505-6590

Kelly 534-8808

Michelle 535-1609

Sheryce 533-1996

Vivienne 505-2023

Office: (441) 232-2769 Fax: (441) 232-2770 Email: aaac@logic.bm

Visit us online!

• • • •

Online version of the magazine Contact Realtors Book ads Get rates and information

WWW.ISLANDPROPERTYNEWS.COM 6 w Island Property News • March 2011

People on the move

www.bermudalongtailrealestate.com

Coldwell Banker Bermuda Realty welcomes its newest sales representative, Ed Williams.

Ed is a graduate of C. W. Post College of Long Island University with a degree in Visual Communications & Marketing. He has worked in Advertising, spent 5 years as the Executive Director of a Political Organisation, Marketing Manager for a leading freight Forwarding Company assisting the company to expand its reach in shipping worldwide. Prior to Joining Bermuda Realty, Ed served as the Business Development Manager of the West End Development Corporation for 16 years where he assisted in moving the Dockyard from a development concept to one of Bermuda’s most visited destinations for visitors and commerce. Since joining Bermuda Realty, he spent 3 years managing commercial properties and condominiums, and subsequently moved into Coldwell Banker Bermuda Realty Residential Sales.

He can be contacted at ewilliams@brcl.bm; 292-1793 x228; 505-0093

www.islandpropertynews.com

www.islandpropertynews.com

Island Property News • March 2011 w 7

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. cesa@bermudalongtailrealestate.com www.bermudalongtailrealestate.com Bermuda Universal Realty Ltd. 6 Wesley Street, Hamilton HM 11 T. 295-1546 • F. 295-8734 Boeotia Property Company Ltd. 2 Cut Road, St. George’s GE 04 T. 297-3038 • F. 297-2348 E. boeotia@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 www.century21bda.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

ITALY

Dunlop Realty Co. Ltd 7 North Shore Road, Devonshire DV 01 T. 295-0734 • F. 295-8266 E. ldunlop@dunloprealty.bm www.dunloprealty.bm Fiduciary Realty 2o Tee Street, Devonshire DV 03, Heather T. 705-9538 • Lea T. 505-0675 F. 232-2989 E. mail@fiduciaryrealty.com www.fiduciaryrealty.com 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. 335-0589 • F. 295-2375 E. bowker@ibl.bm 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

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. mail@prg.bm www.prg.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

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

Not Listed?

Please send details to info@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. skyline@northrock.bm www.bermudaskyline.com

Villas and vineyards. lofts and townhouses for sale in the beautiful and unspoiled Piemonte region of Northern Italy. Close to Milan, Turin, Genoa and also to Nice & Monte Carlo.

8 w Island Property News • March 2011

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

For more InFormATIon:

margotcooper@ibl.bm • 236-5664 / 535-4323 Margot Cooper of The Property Group

www.islandpropertynews.com

Roughill Tucker’s Town

World-class golf, sweeping ocean views, exceptional bespoke finishes & highly livable design come together in one of Bermuda’s finest family estates Superb Location: Poised on a prestigious 2.6 acre hilltop overlooking the 2nd fairway of the famed Mid Ocean Club golf course with the beaches, club houses and amenities of the private MOC and Tucker’s Point clubs within an easy walk or golf-cart ride.

Substance: With Bermuda elegance, internationally sourced finishes, and Crestron automation, the 8 bedroom main house, 2 pool cottages and staff apartment comprise a total of 20,000 square feet+/ (15,216 net internal).

Special features include the Wilkinson chef’s kitchen, stunning master suite and private study, extensive guest wing, games room and lounge, family room with entertainment center, gym, wine cellar, and spectacular verandahs for large-scale entertaining.

Outstanding Amenities: A 26 feet heated swimming pool with waterfall, slide and play jets, putting green, spa and a poolside pavilion with barbecue, pizza oven and wok station are just the beginning.

Value: Roughill represents the upper tier of Bermuda’s real estate market. Serious purchasers, kindly call for further details.

Sole Listing.

Available to International Purchasers.

Telephone 296-0278

Cellular 334-8437

Email estates@logic.bm

www.sinclairrealty.com

www.islandpropertynews.com

Island Property News • March 2011 w 9

RENTALS deadline FOR Rental listings: 18th of the month prior to publication To place an ad or for further details please contact Jennifer Ward on 236-2025 or email info@emedia.bm $2,500/Month - Waterfront apartment with pool

and dock near Somerset Bridge. Right on the bus line and near the ferry stop. Consists of living room/dining room combination and kitchen. Two large bedrooms, one bathroom. Air-conditioning and tiled flooring throughout. Contact Cesa of Bermuda Longtail Real Estate 300-2768.

$2,500/Month - Upper apartment in great condition near John Smith’s Bay Beach, Smith’s. Living room/ kitchen combination with separate dining room, two bedrooms, one bathroom, coin-operated laundry.

Contact Cesa of Bermuda Longtail Real Estate 300-2768. $2,600/Month - Available now. Nicely furnished

apartment just minutes from Hamilton. Immaculately kept wood flooring gives added charm to the unit, that has the “Welcome Home!” feel. Both spacious bedrooms have air-conditioning units. The bathroom is large and tiled throughout. The galley style kitchen is roomy for two to cook away in it. A private patio leads off from the living room and can also be accessed via the parking area. There are shared washing facilities on the complex. Room for car parking! Close to a bus route, grocery and hardware store. Small pets are negotiable.

Sole #5631. Contact Kenneth Richardson, Coldwell Banker Bermuda Realty 292-1793.

$2,700/Month - Dorset Lower Apartment - Pembroke - Bedrooms: 2 Bathrooms:1, Terms:Long lease preferred.

Lovely centrally located ground floor apartment in a 2 apartment property. Brand new kitchen, updated bathroom, wooden floors and fireplace. Huge garden area. Private waterfront access with storage facility. Lots of storage. Shared laundry facilities and garage. From Kitson Real Estate, 295 2525, Visit our website for many more listings: www.kitson.bm. $3,250/Month - South Shore, Devonshire. Spacious newly renovated 2 bedroom, 2 bathroom unfurnished apartment. Living room, separate dining room, Kitchen has maple cabinets, stainless steel appliances (stove, microwave, dishwasher, refrigerator) storage room, washer & dryer. Split system air conditioning & fans.

Large closets. Call 292-4152. $4,100/Month (Unfurnished) or $5,100/Month Furnished - Salt Spring Cottage – Paget - Bedrooms:2

- Bathrooms:2.5 Walk to work! Brand new cottage on Point Finger Road. Step through the cedar front door into this very private cottage with high end finishes.

This fabulous cottage has it all! Open plan living and dining with high ceilings make the house very spacious.

Granite countertops, S/S appliances, dishwasher, double sinks, the list goes on and on. There are even solar panels in place which will save on electricity costs. Plenty of storage and tiled throughout. Stacked washer and drier.

Landscaping included. No smokers. No pets. From Kitson Real Estate, 295 2525, Visit our website for many more listings: www.kitson.bm.

$4,200/Month - Also, a Queen’s Cove two or three bedroom unit, with newly renovated kitchen, large living room with fireplace and views, master bedroom with ensuite bathroom with jet tub, and within walking

10 w Island Property News • March 2011

distance of Hamilton. Contact Joy Lusher Real Estate Donna Bennett: donna@joylusher.com or Diana Martin: diana1@vermontel.net to view.

$4,800/Month - St. James Village Condo. Three

bedrooms, 2.5 bathrooms on four levels with beautiful views of Flatt’s and Harrington Sound. Modern kitchen, dining room, living room, family room/office, and three bedrooms. Only 15 minutes from Hamilton, there is also a garage, covered patio, lots of storage and a shared pool. Contact Joy Lusher Real Estate Donna Bennett: donna@joylusher.com or Diana Martin: diana1@vermontel.net to view.

$4,800/Month - SkyTop Gardens, Paget Executive 2

bed 2.5 bath top floor unit offering lovely ocean views, and 5 minute walk to beautiful south shore beaches.

Available April 1st. Contact My-Bermuda-House. com 292-6245.

$5,750/Month - Elegant and beautifully renovated 2 bed 1.5 bath stand alone cottage situated on lovely grounds of a large private estate on Harbour Road and within walking distance to the ferry. See it on www. my-bermuda-house.com ref #2264 or call 292-6245. $6,000/Month - Recently renovated, unique,

waterfront cottage. Upstairs offers 2 bedrooms and 2 bathrooms and downstairs an upgraded kitchen, living/ dining room with fireplace and sweeping views of the Sound. The covered verandah with brick patio and small garden are ideal for entertaining! In addition, a private dock on Harrington Sound with a mooring. Call Daina Outerbridge 299-1504 at Rego Realtors.

$6,000/Month - Unique condominium at Manor

House, in Smith’s with personality! This special unit formed the reception rooms of the former Deepdene Manor Hotel. Marble floors and an oval living room with floor to ceiling columns, make this unit very interesting and fun. Three bedrooms, three ensuite bathrooms, formal dining room, kitchen and plenty of room for storage. Shared use of pool and tennis courts, plus beach cove on Harrington Sound. Contact Roderick DeCouto Real Estate Ltd. 292-4990 email: info@decoutore.com (Listing # 546).

$7,000/Month - Great Family Home with Pool in

Frith Estate Warwick. Three bedrooms, two bathrooms on the upper level, large living room, family room, formal dining room and eat in kitchen on the ground level with powder room and garage, plus a den. Contact Roderick DeCouto Real Estate Ltd. 292-4990 email: info@decoutore.com (Listing # 518).

$8,500/Month - Fabulous 3 bedroom, 2.5 bathroom family home with ocean views located in a lovely neighborhood on Sears Hill in Smiths Parish. The main level comprises an entrance foyer, large living room with fire place and doors leading to a lovely lawn area, dining room, modern eat in kitchen and a den/entertainment room with built in TV screen. There is direct access from the garage into the main level of the house. Please call The Property Group 234-6900. $9,000/Month - Immaculate three bedroom, three bathroom condominium apartment for rent at at

Hidden Cove. Beach and swimming pool, garage, plenty of storage. Unfurnished. Please call Margot of The Property Group on 535-4323 or 236-5664 or email margotcooper@ibl.bm

$9,000/Month - Set in a private estate is this spacious 3 bedroom, 4 bathroom Southampton home. Enjoy views of the South Shore and the Fairmont Golf Course from the Pool which also offers a lovely patio and garden area, bathroom and changing room; great for entertaining!

Call Liz Wright 299-1519 at Rego Realtors. $12,500/Month - Amazing Waterfront Home with

Dock on Harbour Road in Paget – Available now. Three bedroom, two bathroom home, with views of Hamilton Harbour from every room, a sunny living room with wooden floors & fireplace, a dining room with French doors to patio and a modernized kitchen with quaint breakfast nook overlooking private courtyard. There is also separate studio guest cottage with bathroom & kitchenette. Contact Roderick DeCouto Real Estate Ltd. 292-4990 email: info@decoutore.com (Listing # 523).

$20,000/Month - Alongside – Southampton - Bedrooms:

4 Bathrooms: 4.5 – Available Commencement Date: August 1st 2011. Everything you could wish for and more! This beautifully appointed family home is perfect for entertaining. Large entrance foyer leads into open plan dining and living area with a working fireplace. Spacious eat in kitchen with a sunny breakfast area. Family room or den. Utility room and pantry. Nanny suite. Large master suite on the ground floor complete with fireplace and walk-in cedar lined wardrobe which leads out to a covered porch and hot tub/jacuzzi. On the upper level are 3 more bedrooms in addition to a large family room. The outside covered porch over looks the water and the pool. The property is a total of 6,000 sq feet and sits on two thirds of an acre, has a private beach and a deep water dock. (Would prefer to rent furnished). Floating dock, garage and security system. Ample water supply in addition to reverse osmosis system. Pets are allowed. From Kitson Real Estate, 295 2525, Visit our website for many more listings: www. kitson.bm.

$20,000/Month - Wonderful Harbour views and within

walking distance to Darrells Wharf. This tastefully restored Harbour Road home is idea for entertaining with private grounds and a courtyard. Accommodation includes: Living room with fireplace, formal dining room, spacious kitchen with breakfast bar, family room, 5 bedrooms and 5 bathrooms. In addition, a spacious garage, pool with pool house and self-contained studio apartment. Call Helen Card 299-1505 at Rego Realtors.

$22,000/Month - Lyme House. Available April. Magnificent renovated home overlooking Harrington Sound. Huge professional grade kitchen and open family room with fireplace and water views. Formal dining room, cedar den, open wet bar, office and spacious living room all on the main floor. Four bedrooms each with bath ensuite and covered balconies. Wood and tile flooring throughout. Well appointed and self-contained guest apartment. Amenities too numerous to mention. Wonderful grounds and pool. Minutes to Tucker’s Point. Sole #5623. Gail Aruda, Coldwell Banker Bermuda Realty 292-1793.

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Representing Bermuda’s finest properties Keeping Real Estate Personal

Sue Lusher - Sales: Cell: (441) 333 9138 • Email: sue@joylusher.com Beth Gosling - Sales: Cell: (441) 335 3588 • Email: beth@transact.bm Liz Lusher - Sales: Cell: (441) 334 8104 • Email: elusher@logic.bm Diana Martin - Sales and Rentals: Cell: 441-337-0226 • Email: diana@joylusher.com

AVAILABLE TO BERMUDIAN AND OVERSEAS PURCHASERS! GRACIOUS, ELEGANT AND LUXURIOUS GROUND FLOOR CONDO FOR SALE TUCKERS POINT Located on Harbour Drive at exclusive Tuckers Point we are proud to offer this brand new, beautifully appointed condominium for sale. Boasting custom fixtures and finishes and approximately 3,000 sq. ft of living space!

Comprising: Entrance hall, spacious open plan kitchen with state of the art appliances and granite countertops, living/dining room with fireplace, master suite with dressing room and bathroom, three guest bedrooms with bathrooms, laundry and storage area.

French doors lead from the living room and master bedroom to a deep covered wrap-around verandah overlooking the verdant greens of the Tuckers Point golf course and deep blue waters of Castle Harbour.

Enjoy the many amenities available as a resident member of the exclusive Tuckers Point Club and slip into a whole new world offering the ultimate in resort living.

US$3,850,000.00 PLEASE contact the SOLE AGENT today for an appointment to view!

GREAT BUY! IDEAL FOR FIRST TIME HOME OWNERS! Located off Knapton Hill in an elevated position, this spacious Townhouse is one of only three units. Comprising an entrance hall, powder room, open-plan kitchen and living room with French doors opening onto a small terrace with lovely views of Spittal Pond and the South Shore beyond! Downstairs is a guest bedroom or family room with walk-in closet/storage and upstairs there are two well proportioned bedrooms and a full bathroom.

PRICED TO SELL! $750,000.00 Please call the SOLE AGENT today for an appointment to view!

PRICE REDUCED FOR IMMEDIATE SALE! DOVEDALE, SOUTHDOWN FARM, SOUTHAMPTON 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 $895,000 available to Bermudians, Long term resident certificate holders and non-Bermudians.

89 Harbour Road, Warwick PG 01, Bermuda • Tel: (441) 236 5120 • Fax: (441) 236 7409 • Email: info@joylusher.com • www.joylusher.com • Member of Real Estate Division, Bermuda Chamber of Commerce

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Island Property News • March 2011 w 11

Rosemont City Place For Rent Near Hamilton

ONLY TWO LEFT!

Relax in space & harmony near

STARTING AT $6500 per month

the city

Luxury 2 & 3 Bedroom Homes 20 Rosemont Avenue Pembroke

New residential apartments a stones throw away from the city of Hamilton!

• Open floor plans as large as 2,100 Sq. Ft.

4

3

Dundonald Street

Victoria Street Church Street

King Street

5

Elliott Street

Reid Street Front Street

Road

• Network/Internet ready

2 ille Par-la-V

5 - Fairmont Hamilton Princess

ad a Ro udian Berm

• Extra storage areas

e Avenu borne Wood

4 - Miles Market & The Waterfront

Richmond Road

venue ont A Rosem

• Fitness center

1

Walls

d Roa Bay Pitts

3 - Royal Bermuda Yacht Club

n the Betwee

2 - City Hall

• Heated pool

Road Canal

Cedar Ave.

• Underground parking

Key: 1- Rosemont City Place

Road

• High end finishes and fittings

oad hR eac ll R Mi ad Ro nds ryla Fai

-Ville Par-la

• Generous verandahs

e ary Lan Cemet

Mills Creek Road

d Roa Bay Pitts

• 2 or 21/2 baths

HAMILTON

HARBOR

Telephone: 295-0213 email:wcdev@northrock.bm or visit our web site: www.RCP.bm

relax, we’ve got your home covered

Furnish your home with BF&M’s wall-to-wall cover and enjoy the beauty of worry-free home ownership. BF&M’s Complete Home Insurance combines cover for Building and Contents with Mortgage Protection that provides benefits in case of disability or death. Renters can rest easy with a contents-only policy that covers everything from possessions to tenant liability.

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12 w Island Property News • March 2011

3/19/10 9:50 AM

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