ISLAND
September 2010
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NEWS
Panoramic Water Views in Smith’s
This elegant home is situated in a commanding position with panoramic views overlooking both the South Shore and Harrington Sound. The house underwent total renovation and reconfiguration in 2003 resulting in a comfortable living space of approximately 6,000 sq ft. The property is ideal for entertaining and was rented as a diplomatic residence in 2003. Recently a courtyard addition was carried out enhanced by flowering trellises and rock gardens and a new cobblestone motor court was added to provide extra parking. A formal entrance hall opens into a long gallery which facilitates access to all rooms. There is a living room with fireplace, formal dining room comfortably seating 16 and a spacious
open plan kitchen with casual dining, wet bar and family room leading onto the pool deck. The 4th bedroom and bathroom are suitable for use as a study or private guest quarters. Principal rooms on the ground floor open into a peaceful courtyard. A dramatic 2 storey stair hall entrance located in the centre of the house leads to the upstairs bedrooms where an impressive master suite is located measuring approximately 1,000 sq ft plus a guest suite of approximately 500 sq ft and a 3rd bedroom with bathroom. All bedrooms have balconies and panoramic water views. Additional features include a spacious garage and storage room suitable for use as a wine cellar. There is a pool with pool house kitchenette and a bathroom with shower and an extra room suitable for conversion to an office. Mahogany floors, central air conditioning and split systems are found throughout the house. At the foot of the property are fruit trees and mature endemic shrubs. There is a deeded right of way to Harrington Sound shared with area residents. In the current rental market the property should provide a return on investment in excess of 5%. Please contact CRE Property for more information.
Town Home at the prestigious Tuckers Point Club The clever layout enhances the sense of space in this 3200 sq ft. town home. A few steps down from the gracious entry is a large open plan living room, dining room and modern kitchen. There is a fireplace in the living room and French doors leading out to a covered veranda and private garden with views of Castle Harbour and the golf course. There are four bedrooms all en-suite. The master suite has a private balcony with beautiful water views. The "fourth bedroom" on the main level can be used as a family room or office. Tuckers Point offers everything you could wish for through a separate membership in the Golf, Beach and Tennis Club which includes the use of the gym and the spa in the luxury Tucker's Point Hotel. This property is available to Bermudians and overseas purchasers.
South Shore Beachfront Condo Sit on your spacious covered balcony overlooking a private beach in this delightful recently built condo on the south shore. The layout is open plan with modern kitchen Each of the three bedrooms features a bathroom en-suite plus there is a powder room for your guests. Enjoy walking the beaches and dunes all the way to Horseshoe Bay. Public transportation is available just steps away. This one of a kind gem is priced to sell at $1,275,000 This property is available to Bermudians and overseas purchasers.
Please call the sole listing agent Sallyann Smith 1-441-535-4521 T (441) 234-6900 F (441) 234-6892 info@property-group.com www.property-group.com
ISLAND
PROPERTY
E-Z DOES IT: ENSURING YOUR CONDOMINIUM MANAGER HAS WHAT IT TAKES by Sharika Tucci, Property Manager/Junior Appraiser, Coldwell Banker Bermuda Realty
NEWS
The ease of condominium living has certainly helped to make it the ‘purchase of choice’ in Bermuda over the last decade. Condominium owners don’t slave over keeping their lawns perfectly trimmed; there’s little worry about water levels in the tank; and repainting wooden blinds is certainly not on the agenda! Yet how are all of these tasks accomplished?
Real Estate Index Coldwell Banker . . . . . . . . . . . . Pg 3 CRE Properties Limited. . . . . . . Pg 6 Dale Young Properties Limited. Pg 12 Joy Lusher Real Estate. . . . . . . . Pg 4 Kitson Real Estate . . . . . . . . . . Pg 7 Property Group . . . . . . . . . . Pg 1 & 3 Rego Sotheby’s . . . . . . . . . . . . . Pg 3 Roderick DeCouto Real Estate . . Pg 3 Sinclair Realty . . . . . . . . . . . . . Pg 9 Somers Realty . . . . . . . . . . . . . Pg 4 Tuckers Point Club . . . . . . . . . . Pg 5 Whitecross Development . . . . . . Pg 6 WJ Seymour Real Estate . .Pg 1,4 & 6
Related Services Ann Zalinger . . . . . . . . . . . . . . Pg 4 BAC . . . . . . . . . . . . . . . . . . . Pg 11 BF&M . . . . . . . . . . . . . . . . . . Pg 12 Island Glass . . . . . . . . . . . . . . . Pg 1 The Property Law Group . . . . . . Pg 2 Editorials . . . . . . . . . . . . . . Pg 1 & 2 Realtor Listing . . . . . . . . . . . . . Pg 8
Sharika Tucci
Condominium developments have a Board of Directors in place to ensure the running of the development in accordance with the leasehold covenants. Often comprised of individuals with full-time work commitments, this can be an arduous task for the Board, making the services of a professional condominium manager vital. Professional managers provide administrative, operational and managerial counsel to condominium boards. The role is challenging but selecting a condominium property manager is as E-Z as condominium living itself! Just remember these three ‘E’s:
Experience – The Effective Manager: Experience is key to troubleshooting problems with building services, negotiating effectively with contractors and knowing what contractors to use (or avoid!). Property managers with condominium development experience will understand leasehold covenants, rules and regulations and the roles of the shareholders, Board Members, Corporate Secretary and other parties associated with condominium developments. An inexperienced condominium manager can result in mismanaged time and resources to the detriment of the condominium development. Education – The Expert Manager: A valuable “Tool of the Trade” is the education available from the Community Associations Institute. Earning the Certified Manager of Community Associations (CMCA) and Association Management Specialist (AMS) designations from the Institute allowed me to gain broader and in-depth knowledge of the industry and provided guidance on vital topics such as facilities management, budgeting, governance, dispute resolution and risk management. The Institute ensures members keep up to date with industry trends through professional development courses, webinars and publications and encourages research and discussion through an online research library and message board. Selecting a condominium manager with a professional level of expertise helps to solidify your condominium development’s success. Exceptional Service – The Extraordinary Manager: An exceptional condominium manager goes above and beyond the industry norm for their clients. Whether it’s delivering bottled water when the pump fails, wet vacuuming flooded carpets on a public holiday or arranging for temporary air-conditioning when necessary parts are not in stock, an extraordinary condominium manager puts you at ease. At Bermuda Realty, exceptional services are our standard – our managed developments benefit from dedicated property managers on call 24 hours a day. When your dedicated property manager is on vacation, a back-up manager who is knowledgeable about your development, is in place to handle all of your needs. Some of our developments even benefit from a bespoke website which provides forms, schedules and updates all at the touch of a button – now that’s exceptional service! Experience, Education and Exceptional Service – a winning combination which ensures the best for your condominium development.
Rentals . . . . . . . . . . . . . . . . . Pg 10
The Real cost of Real-Estate Keiva Maronie, Associate of The Property Law Group.
Island Property News is published by Property News Limited P.O. Box 3315, Hamilton HMPX
Contact: Carrie Portnoy Tel: (441) 236-2025 ext.226 Fax: (441) 236-4132 Email: carrie@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
When seeing prices of over $1,000,000.00 for the average Bermuda house, one would hope that there are no extra fees. Unfortunately, it is not that simple. Buyers are unaware of these extra fees which can make the dream of home ownership difficult to achieve. Stamp Duty Believe it or not, the biggest expense associated with buying a property is stamp duty. On average stamp duty is between 2-7% of the property price depending on the value. In 2009, the Bermuda Government amended the Stamp Duties Act 1976 to allow exemptions for stamp duty on homes purchase for $750,000.00 by first-time buyers subject to certain conditions. Under the amended legislation, in order to qualify for the exemption you must: a) be a Bermudian purchaser or a Bermudian purchasing with a non-Bermudian spouse; and b) never have owned more than a 25% share in a property in Bermuda; and c) live in the property for 3 years following the purchase; or d) commence building within 3 years from the date of purchase if the property is a vacant lot of land; and e) purchase the property for the fair market value. Although not expressed in the legislation, if you are purchasing the property in the name of a Trust, stamp duty is payable on the transaction.
Artwork Deadline: 20th of the month prior to publication
Legal Fees Another expense is your attorney’s fees. In Bermuda the Bermuda Bar Association sets the recommended minimum fees payable in terms of real estate
transactions but it is simply a guideline. As a purchaser, you should ascertain the legal fees before choosing your attorney. The Property Law Group provides our clients with a comprehensive breakdown of the total fees payable on their transactions. The other fees to consider are: Arrangement fees which are charged by your lender on the amount of your loan or mortgage. This is typically 1% of the amount borrowed. Government Alien License Fee which only applies if you are purchasing the property with a non-Bermudian. The current application fee is $1,335.00. Appraisal fees determine the market value of the property. Typically, a lender will have the property you wish to purchase appraised to ensure it is good collateral for your loan. If your home is not considered good collateral then, your lender may not provide with all of the financing needed to purchase the home. In such cases you may: a) consider renegotiating the purchase price; or b) rescind the agreement (only if the agreement was subject to financing); or c) find a way to make up the difference between what the lender will give you and what you need for completion. Purchasers should consider using a specialist conveyance attorney who will be aware of all of the extra costs. A specialist attorney will also be able to answer questions and guide purchasers through the home buying process. See our banner on page 2
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 2 w Island Property News s September 2010
Tel: 292-4978 | Fax: 292-4455 | email info@tplg.bm | web: www.tplg.bm
Great Deals LAND FOR SALE Build your dream home! Lots ranging from Ÿ acre to 1 acre Starting $598,000 to $850,000. From St.George’s to Somerset.
PREFER A CENTRAL LOCATION? SEA FAN, SMITH’S Brand new construction to high standard. Located in Knapton Hill, this 3 bed, 2.5 bath home enjoys views of Harrington Sound. Basement has plumbing with lines set up for building of a pool.
$1,595,000 ROXDENE D3, PEMBROKE
WAREHOUSES For Sale and for Lease New facilities with a variety of options. Let us know your needs.
Henry Tavares, Listing Agent
CONDOS
Ocean views, garden settings, City Living! Ranging from $650,000 to $1.8M 2 and 3 bedroom condos. 6WDPS GXW\ H[HPSWLRQ IRU ÀUVW WLPH EX\HUV
Judy Shrubb, Listing Agent
Walk to Hamilton from this spacious 3 bed, 2 bath apartment overlooking well manicured gardens. Amenities include reverse cycle air-conditioning throughout, garage with additional storage and elevator access. Ideal for executive or retiree! Available to International Purchasers
$995,000
Margaret Young 534-9393 myoung@regosir.com
P.O. Box HM2184 Hamilton HM JX 4%, s %-!), INFO DECOUTORE COM s 7%" WWW DECOUTORE COM
Island Property News s September 2010 w 3
Keeping Real Estate Personal
W.J. SEYMOUR —R EA L ES TATE LTD . — PEACEFUL GARDENS #FE CBUI UPXOIPVTF MPDBUFE JO B unit intimate development in Hamilton 1BSJTI $POTJTUT PG B MBSHF FBU JO LJUDIFO HSBOJUF DPVOUFS UPQT TUBJOMFTT TUFFM BQQMJBODFT EJTIXBTIFS TUBDLBCMF XBTIFS ESZFS BOE TQMJU TZTUFN B D
Asking price $850,000 O.N.O
This property will change your mind about condominium living! 6OJRVF BOE CFBVUJGVMMZ BQQPJOUFE NVMUJ UFSSBDFE UPXOIPVTF BSUGVMMZ EFTJHOFE UP FOIBODF øPX GSPN JOTJEF IPNF UP WFSZ QSJWBUF PVUEPPS BSFBT $PNQSJTJOH MBSHF CFESPPNT FBDI XJUI CBUISPPNT FO TVJUF MBSHF CFBVUJGVM DVTUPN EFTJHOFE LJUDIFO MBSHF MJWJOH SPPN XJUI öSFQMBDF BOE XJEF QMBOLFE QJOF øPPSJOH BOE B HFOFSPVT TDSFFOFE TVO QPSDI 5IFSF BSF WFSZ EJòFSFOU PVUEPPS QBUJPT BOE HBSEFOT UIPVHIUGVMMZ MBOETDBQFE GPS BNCJBODF BOE QSJWBDZ BOE MBSHF DPWFSFE WFSBOEBIT
Asking $950,000 – Available to Bermudians, Long Term Resident certificate holders and non-Bermudians
VESEY STREET This is a good investment property, it DPOTJTU PG TFQBSBUF CVJMEJOHT PO BDSF FBDI CVJMEJOH IBT SFTJEFOUJBM VOJU BOE DPNNFSDJBM VOJU 5IJT QSPQFSUZ JT DPOWFOJFOUMZ MPDBUFE PO UIF SPBE TJEF PO .JEEMF 3PBE JO %FWPOTIJSF 1MFBTF DPOUBDU 1IJMMJQ 4NJUI GPS JOGPSNBUJPO $FMM
$1,800,000
Representing Bermuda’s finest properties
Contact Johnette McNeil today!
Beth Gosling - Sales: Cell: (441) 335 3588 Sue Lusher - Sales: Cell: (441) 333 9138 Liz Lusher - Sales: Cell: (441) 334 8104 Diana Martin - Sales and Rentals: Cell: (441) 337 0226
The Ratteray Building #39 King Street, Hamilton HM 19 5FM t $FMM E-mail: johnette@seymourrealty.bm website: www.wjseymour.bm
4BMFT t 3FOUBMT t 1SPQFSUZ .BOBHFNFOU t *OTVSBODF 89 Harbour Road, Warwick PG 01, Bermuda 5FM t 'BY t &NBJM JOGP!KPZMVTIFS DPN
XXX KPZMVTIFS DPN
comfortable VERMONT living from the essential to the accessory Burlington Stowe Charlotte Sugarbush Shelburne Warren The Islands Greensboro
and environs
Design
Buy
ann kennard zalinger home furnishings consultant 802.272.0270
akz @ zalinger.com designbuyvermont.com
4 w Island Property News s September 2010
YOUR HOME IS OUR BUSINESS
Island Property News s September 2010 w 5
PRIME LOCATIONS FOR SALE EXECUTIVE HOME IN SMITH’S WITH PANORAMIC WATER VIEWS (See editorial) Gracious 4 bedroom home of approximately 6,000 + square feet in move in FRQGLWLRQ VXLWDEOH IRU WKRVH ZKR ORYH WR HQWHUWDLQ ,QGRRU VSDFHV à RZ ZHOO LQWR outdoor areas affording access to a secluded bricked courtyard, balconies and a large pool terrace with sweeping views. This property is minutes from Mid Ocean and Tucker Point Clubs. Further details available on our website. Note: This property is owned by the advertising Agent.
EXECUTIVE HOME IN SMITH’S ON LARGE LEVEL LOT Executive property located in sought after neighbourhood with water views and SRRO 7KLV KRPH LV VLWXDWHG RQ D VSHFWDFXODU à DW ORW RI DFUH RIIHULQJ EHGURRPV and comfortable living on one level plus attached studio and garage. The property is FXUUHQWO\ UHQWHG PLOOLRQ
WATERFRONT WITH BEACH ON JEWS BAY /RYHO\ FKDUDFWHU SURSHUW\ RIIHULQJ EHGURRPV LQ WKH PDLQ KRXVH SOXV D ORYHO\ attached one bedroom apartment a 2 bedroom cottage and a small beach and mooring! The apartment can easily be joined into the main house. There are bricked patios and waterfront balconies amidst mature plantings. The property is across IURP 5LGGHOO¡V %D\ PLOOLRQ
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W.J. SEYMOUR —R EA L ES TATE LTD . — SEAWALL 8BUFSGSPOU CFE CBUI UPXOIPVTF BU UIF #PB[ *TMBOE 7JMMBHF $POTJTUT PG BO PQFO QMBO LJUDIFO IBMG CBUI MJWJOH EJOJOH SPPN GVMM CBUI BOE MBVOESZ GBDJMJUJFT 8JUI UIF FYFNQUJPO PG TUBNQ EVUZ GPS UIF GJSTU UJNF IPNF PXOFS UIJT JT B HSFBU JOWFTUNFOU Price $690,000
CONVICT BAY Do you enjoy swimming and boating? 8FMM UIJT JT BO PQQPSUVOJUZ OPU UP NJTT with this waterfront 2 bed, 2 bath St (FPSHFT DPOEP 5IJT QSJWBUF EFWFMPQNFOU JT DPOWFOJFOUMZ MPDBUFE UP UIF 4U (FPSHFT 4RVBSF 5IFSF JT BMTP B QSJWBUF CFBDI EPDL PO TJUF DBSFUBLFS BOE HZN XIJDI NBLFT UIJT BO FYDFMMFOU QVSDIBTF Price $710,000
Contact Johnette McNeil today! The Ratteray Building #39 King Street, Hamilton HM 19 5FM t $FMM E-mail: johnette@seymourrealty.bm website: www.wjseymour.bm
YOUR HOME IS OUR BUSINESS 6 w Island Property News s September 2010
Island Property News s September 2010 w 7
REALTOR LISTINGS Acorn Realty Suite 1414, 48 Par-La-Ville Road Hamilton HM 11 /Â°ĂŠĂ“ĂŽĂˆÂ‡{nääÊUĂŠ °ÊÓÎӇ{Ă“Ă“Ă“ Â°ĂŠÂˆÂ˜vÂœJ>VÂœĂ€Â˜Â°L“ÊUĂŠĂœĂœĂœÂ°>VÂœĂ€Â˜Â°L“ Bermuda Longtail Real Estate Ltd. P.O. Box SB 92 Sandy’s, SBBX /Â°ĂŠĂ“ĂŽĂ“Â‡Ă“Ă‡ĂˆÂ™ĂŠUĂŠ °ÊÓÎӇÓÇÇä E. aaac@logic.bm Bermuda Universal Realty Ltd. 6 Wesley Street, Hamilton HM 11 /°Êәx‡£x{ĂˆĂŠUĂŠ °Êәx‡nÇÎ{ Boetia Property Company Ltd. 2 Cut Road, St. George’s GE 04 /°ÊәLJÎäÎnĂŠUĂŠ °ÊәLJÓÎ{n E. boetia@northrock.bm CapCar Enterprises Ltd. The CapCar Building 5 Burnaby St. Hamilton HM12 /°Êәx‡äÇx{ĂŠUÊәx‡£{™x Â°ĂŠÂˆÂ˜vÂœJV>ÂŤV>À°VÂœÂ“ĂŠUĂŠĂœĂœĂœÂ°V>ÂŤV>À°Vœ“ C.R.E. Properties Ltd. 22 Church Street, Hamilton HM 11 /°ÊxĂŽx‡x{nÇÊUĂŠ °Êәx‡nÂŁxn E. creprop@ibl.bm ĂœĂœĂœÂ°VĂ€iÂŤĂ€ÂœÂŤiĂ€ĂŒÂˆiĂƒÂ°Vœ“ CareCorp Ltd. £™Ê Ă€ÂœÂ˜ĂŒĂŠ-ĂŒĂ€iiĂŒ]ĂŠ >“ˆÂ?ĂŒÂœÂ˜ĂŠ ĂŠÂŁÂŁ /°ÊәӇÓ{ĂŽĂ“ĂŠUĂŠ °ÊәӇӣÇx E. logproperty@northrock.bm Carib Bermuda Realty P.O. Box GE 372, St. George’s /°ÊÇÎx‡Î{Ç£ÊUĂŠ °ÊәLJxnÇÎ E. caribbermuda@yahoo.com ĂœĂœĂœÂ°V>Ă€ÂˆLLiÀ“Õ`>°vĂ€ii°L“ Century 21 Bermuda Properties “The Stablesâ€?, 91 Reid Street Hamilton HM 19 T. 441-293-2121 °Ê{{£‡Ó™xÂ‡Ăˆn{ä E. century21bermudaproperties.com Coldwell Banker Bermuda Realty 11 Par-La-Ville Road, Hamilton HM 11 /°ÊәӇ£Ç™ÎÊUĂŠ °ÊәӇǙ£n E. mail@brcl.bm ĂœĂœÂ°LiÀ“Õ`>Ă€i>Â?ĂŒĂžÂ°Vœ“ Coral Properties Limited nĂŠ-ĂŒÂ°ĂŠ >“iĂƒĂŠ6ˆÂ?Â?>}i]ĂŠ >“ˆÂ?ĂŒÂœÂ˜ĂŠ Êä{ /°Êәx‡Ç{ĂŽ{ĂŠUĂŠ °Êәx‡x™{{ Crisson & Company Ltd. 6 Dundonald St. W, Hamilton /°Êәx‡änĂ“ĂˆĂŠUĂŠ °Êәx‡ÎÓÓ£ E. crissonco@crissonrealestate.com ĂœĂœĂœÂ°VĂ€ÂˆĂƒĂƒÂœÂ˜Ă€i>Â?iĂƒĂŒ>ĂŒi°Vœ“ Dale Young Properties Ltd *°"°Ê ÂœĂ?ÊÇÇä]ĂŠ7>Ă€ĂœÂˆVÂŽĂŠ7 ĂŠ 8ĂŠ iÀ“Õ`> /°Ê{{ÂŁÂ‡Ă“ĂŽĂˆÂ‡xÓääÊUĂŠ °Ê{{ÂŁÂ‡Ă“ĂŽĂˆÂ‡x E. dyproperties@logic.bm ĂœĂœĂœÂ°`ĂžÂŤĂ€ÂœÂŤiĂ€ĂŒÂˆiĂƒÂ°L“ DeCouto & Dunstan Real Estate Ltd. 15 Parliament St., Hamilton HM12 /Â°ĂŠĂ“Â™Ă“Â‡Ă¤ĂˆÂŁĂˆĂŠUĂŠ °Êәx‡{ĂˆÂŁn ebarrydc@decoutoanddunstan.com ĂœĂœĂœÂ°`iVÂœĂ•ĂŒÂœ>˜``Ă•Â˜ĂƒĂŒ>˜°Vœ“ Dunlop Realty Co. Ltd 7 North Shore Road,
Devonshire DV 01 /°Êәx‡äÇÎ{ĂŠUĂŠ °Êәx‡nĂ“ĂˆĂˆ E. ldunlop@dunloprealty.bm ĂœĂœĂœÂ°`Ă•Â˜Â?ÂœÂŤĂ€i>Â?ĂŒĂžÂ°L“ 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 /°Êәx‡™£™£ÊUĂŠ °Êәx‡ÓÎÇx Horsfield Property Services Estate Agents, Auctioneers & Appraisers Ă“Â˜`ĂŠ Â?ÂœÂœĂ€]ĂŠ Ă€Â“ÂœĂ•Ă€ĂžĂŠ Ă•ÂˆÂ?`ˆ˜}] #37 Reid St., Hamilton /°ÊәӇ™ÎÓnĂŠUĂŠ °ÊÓÇn‡™™Ón E. horsfield@logic.bm Island Properties Suite 1112, 48 Par-La-Ville Road, Hamilton HM 11 /Â°ĂŠĂ“ĂŽĂˆÂ‡Ă“Ăˆ{{ĂŠUĂŠ Â°ĂŠĂ“ĂŽĂˆÂ‡ĂˆĂ“Ă¤Ă“ E. neil@iproperties.bm Joy Lusher Real Estate Ltd. n™Ê >Ă€LÂœĂ•Ă€ĂŠ,Âœ>`]ĂŠ7>Ă€ĂœÂˆVÂŽĂŠ* 抣 /Â°ĂŠĂ“ĂŽĂˆÂ‡x£ÓäÊUĂŠ Â°ĂŠĂ“ĂŽĂˆÂ‡Ă‡{ä™ E. info@joylusher.com ĂœĂœĂœÂ°Â?ÂœĂžÂ?Ă•ĂƒÂ…iÀ°Vœ“ KM Realty Ltd. Room 100, Washington Mall 7 Reid Street, Hamilton HM 11 /Â°ĂŠĂ“Â™ĂˆÂ‡Ă“{ääÊUĂŠ Â°ĂŠĂ“Â™ĂˆÂ‡ÂŁnĂˆx E. kmrealty@northrock.bm ĂœĂœĂœÂ°ÂŽÂ“Ă€i>Â?ĂŒĂžÂ°L“ Kitson & Company Ltd. 5 Reid Street, Hamilton HM 11, P.O. Box HM 449, Hamilton HM BX /°Êәx‡ÓxĂ“xĂŠUĂŠ °Êәx‡änÂŁ{ E. realestate@kitson.bm ĂœĂœĂœÂ°ÂŽÂˆĂŒĂƒÂœÂ˜Â°L“ Leonard O. Gibbons Real Estate Ltd., £™Ê Ă€ÂœÂ˜ĂŒĂŠ-ĂŒĂ€iiĂŒ]ĂŠ >“ˆÂ?ĂŒÂœÂ˜ĂŠ ĂŠÂŁÂŁ /°ÊәӇ{™äxĂŠUĂŠ °ÊәӇӣÇx E. logproperty@northrock.bm McInnis & Associates Ltd. 37 Reid St, Hamilton /°ÊәxÂ‡ÂŁĂˆĂˆĂŽĂŠUĂŠ iÂ?Â?\ÊÇÎLJxÇxĂŽ °ÊәӇ£Ó£ä E. heather@hmcinnis.com ĂœĂœĂœÂ°Â…Â“VÂˆÂ˜Â˜ÂˆĂƒÂ°Vœ“ Moura & Associates Real Estate Services Limited 9 Berry Hill Road, Paget DV03 /Â°ĂŠĂ“ĂŽĂˆÂ‡Ă¤Ă‡ĂŽĂ‡ĂŠUĂŠ Â°ĂŠĂ“ĂŽĂˆÂ‡Ă¤{ÂŁĂŽ E. info@mouraandassociates.com ĂœĂœĂœÂ°Â“ÂœĂ•Ă€>>˜`>ĂƒĂƒÂœVˆ>ĂŒiĂƒÂ°Vœ“ My-Bermuda-House.com Limited Suite 404, International Centre 26 Bermudiana Rd. Hamilton Tel. 292-6245 E. info@my-bermuda-house.com ĂœĂœĂœÂ°Â“ĂžÂ‡LiÀ“Õ`>Â‡Â…ÂœĂ•Ăƒi°Vœ“ Ocean Town Real Estate 7 Valley Road, Paget PG 02 /°ÊÓÎӇxÇÇxĂŠUĂŠ °ÊÓÎӇxÇÇn Â°ĂŠĂœ>VÂ?“>JÂ˜ÂœĂ€ĂŒÂ…Ă€ÂœVŽ°L“
Platinum Realty P.O. Box SN 81, Southampton SN BX /°ÊÓÎnÂ‡ĂˆĂ¤ĂŽĂ‡ĂŠUĂŠ °ÊÓÎnÂ‡ĂˆĂ¤ĂŽx E. info@platinumrealty.bm ĂœĂœĂœÂ°ÂŤÂ?>ĂŒÂˆÂ˜Ă•Â“Ă€i>Â?ĂŒĂžÂ°L“ Premier Properties P.O.Box HM 2734, Hamilton HM LX /°ÊÓÎӇäänĂŽĂŠUĂŠ °ÊÓÎӇäänĂŽ E. premierpropertiesinfo@yahoo.com ĂœĂœĂœÂ°ÂŤĂ€i“ˆiĂ€ÂŤĂ€ÂœÂŤiĂ€ĂŒÂˆiĂƒÂˆÂ˜ĂŒÂ?°Vœ“ Prime Equities Real Estate P.O. Box Hm 1474, >“ˆÂ?ĂŒÂœÂ˜ĂŠ ĂŠ 8 /°Êәx‡{{{ĂˆĂŠUĂŠ °ÊәӇnĂŽĂ“{ Progressive Realty Ltd. #44 Victoria Street, Hamilton HM 12 /°Êәx‡{Ă“xxĂŠUĂŠ °ÊәӇ™™xä E. progress@ibl.bm
Ted Gauntlett Realty Offering sales, rentals, and property management. “Melton Cottageâ€?, 2 Surveyors Close, ->˜`ĂžÂ˝ĂƒĂŠ äx /iÂ?°Êәx‡{Ç{ÇÊUĂŠ >Ă?°Êәx‡{Ç{Ăˆ E. gauntlett@logic.bm. ĂœĂœĂœÂ°LiÀ“Õ`>°VÂœÂ“Ă‰Â…ÂœĂƒĂŒi`Ă‰ĂŒi`}>Ă•Â˜ĂŒÂ?iĂŒĂŒ Wigwam Real Estate Ltd. Somers Warf, 14 Water Street, St. George’s GE 05 /°ÊәLJÎnääÊUĂŠ °ÊәLJÎnä£ E. peterlever@ibl.bm W.J. Seymour Real Estate Ltd. The Ratteray Building ›Î™Ê ˆ˜}ĂŠ-ĂŒĂ€iiĂŒ]ĂŠ >“ˆÂ?ĂŒÂœÂ˜ĂŠ £™ T. 441-292-2342 °Ê{{£‡Ó™Ó‡n E. info@seymourrealty.bm ĂœĂœĂœÂ°ĂœÂ?ĂƒiĂžÂ“ÂœĂ•Ă€Â°L“
Property Group Ltd., The “Nautilus Houseâ€?, 82 South Road, 7>Ă€ĂœÂˆVÂŽĂŠ7ŽÊän /°ÊÓÎ{Â‡ĂˆÂ™Ă¤Ă¤ĂŠUĂŠ °ÊÓÎ{Â‡Ăˆn™Ó E. info@property-group.com ĂœĂœĂœÂ°ÂŤĂ€ÂœÂŤiĂ€ĂŒĂžÂ‡}Ă€ÂœĂ•ÂŤÂ°Vœ“ Rego Sotheby’s International Realty Cavendish House, 2 Cavendish Road, Hamilton HM 19 /°ÊәӇΙӣÊ °Êәx‡Ç{Ăˆ{ E. sales@regosir.com ĂœĂœĂœÂ°Ă€i}ÂœĂƒÂœĂŒÂ…iLĂžĂƒĂ€i>Â?ĂŒĂžÂ°Vœ“ Rego Realtors Cavendish House, 2 Cavendish Road, Hamilton HM 19 /°ÊәӇΙӣÊ °Êәx‡Ç{Ăˆ{ E. sales@regorealtors.com ĂœĂœĂœÂ°Ă€i}ÂœĂ€i>Â?ĂŒÂœĂ€ĂƒÂ°Vœ“ Roderick DeCouto Real Estate Ltd. 39 Reid Street, Hamilton HM 12 /°ÊәӇ{™™äÊUĂŠ °Êәx‡nxÎä E. info@decoutore.com ĂœĂœĂœÂ°`iVÂœĂ•ĂŒÂœĂ€i°Vœ“ Ruby Dane Realty P.O. Box 184, PG BX, Paget, PG04 /°ÊÓÎӇ{{ĂˆÂŁĂŠUĂŠ °ÊÓÎӇÇÓnä Â°ĂŠĂ€ĂœÂœĂ€Ă€iÂ?Â?JˆLÂ?°L“ ĂœĂœĂœÂ°Ă€Ă•LĂž`>˜iĂ€i>Â?ĂŒĂžÂ°Vœ“ Sinclair Realty/Christie’s Great Estates by appointment only 69 Pitts Bay Road, Hamilton HM01 /Â°ĂŠĂ“Â™ĂˆÂ‡Ă¤Ă“Ă‡nĂŠUĂŠ °Êәx‡nĂˆÂ™ĂŽ E. estates@ibl.bm ĂœĂœĂœÂ°ĂƒÂˆÂ˜VÂ?>ÂˆĂ€Ă€i>Â?ĂŒĂžÂ°Vœ“
NOT LISTED? Please send details to carrie@emedia.bm or call 236-2025
SmithBridge Realtors 55 Court Street, Hamilton /°ÊәӇ£ÎnnĂŠUĂŠ Â°ĂŠĂ“Â™ĂˆÂ‡Ă¤Ă¤ĂˆÂ™ Somers Realty Ltd. 97 Middle Rd, 7>Ă€ĂœÂˆVÂŽĂŠ7 ĂŠĂ¤Ăˆ /Â°ĂŠĂ“ĂŽĂˆÂ‡{ää£ÊUĂŠ Â°ĂŠĂ“ĂŽĂˆÂ‡xxnn E. somreal@ibl.bm Skyline Realty
ÂœĂ€Â˜iÀÊ7>Â?Â?Ăƒ]ĂŠĂŽÂŁĂŠ*ÂœÂˆÂ˜ĂŒĂŠ ˆ˜}iÀÊ,Âœ>` /°Êx{£‡äÎä{ĂŠUĂŠ Â°ĂŠĂ“ĂŽĂˆÂ‡Ă‡Ă‡Ă‡Ăˆ E. mail@bermudaskyline.com ĂœĂœĂœÂ°LiÀ“Õ`>ĂƒÂŽĂžÂ?ˆ˜i°Vœ“
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. 8 w Island Property News s September 2010
Dover House in Tucker’s Town ~ Short Term Lease Those who love classic Bermuda will appreciate the very special charms of this renovated and fully furnished c1926 holiday home with 4+ bedroom & 5 bathrooms located between the 3rd fairway of the Mid Ocean Club golf course & two small private South Shore beaches (one is known as God’s Bathtub). Designed on a single-level around an internal courtyard, this is one of the most appealing rental properties we’ve seen. Benefitting from recent updates, the property now meets 21st century expectations including internet, cable TV and A/C. Sole Listing. Offered at $25,000 per month or $1500 per night.
‘Horizon’ At Hidden Cove ~ For Sale 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.
Grape Hill Overlooking The South Shore ~ For Sale Quintessentially Bermudian in a prestigious Paget location near Grape Bay Beach, this architecturally significant home was the last designed by famed architect Wil Onions. The firelit living room with exposed beams and the dining room both feature wood floors and French doors leading to an extensive enclosed sun porch with magnificent sea views. The residence spans more than 3,700 square feet with 4 bedrooms/3 baths in the main house plus a studio cottage, large swimming pool and terrace. Updates required. The 1.8 acre estate includes the Grape Hill main house plus a prime 0.90 acre building lot (Lot #6). Sole Listing. Grape Hill Main House is now offered separately at $3.5 million, or together with Lot #6 at $5.3 million.
The Bewdley Estate Within Steps of Hamilton ~ For Sale Verdant and extremely private, this 3+ acre estate includes the beautifully renovated Bewdley main house (one of the finest examples of Bermuda’s early 20th century architecture in the Victorian tradition), 2 charming cottages, a large swimming pool and dining pavillion, and extensive gardens. Even more remarkable is the primarily RES 1 zoning making this one of the most developable land parcels within an easy walk of The Bermuda High School For Girls, leading reinsurance companies, law firms, banks and all the conveniences of Hamilton. All three residences are currently leased. Sole Listing. Offered at $8 million gross.
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 s September 2010 w 9
RENTALS DEADLINE FOR RENTAL LISTINGS: 20TH OF THE MONTH PRIOR TO PUBLICATION / Ê« >ViÊ> Ê>`Ê ÀÊv ÀÊvÕÀÌ iÀÊ`iÌ> ÃÊ« i>ÃiÊV Ì>VÌ\ÊIsland Property News]Ê*°Ê"°Ê ÝÊÎΣx]Ê > Ì Ê Ê*8ÊUÊ/i \ÊÓÎÈ ÓäÓxÊUÊ >Ý\ÊÓÎÈ {£ÎÓÊUÊ > \ÊV>ÀÀ iJi i` >°L
$3000/Month – Available now. BRAND-NEW APARTMENT in ST GEORGE’STwo-bedroom apartment with modern appliances, split systems and tile throughout. Please call Brittany of The Property Group at 505-1466 $3,800/ Month – MANOR HOUSE IN SMITH’S – Three bedroom, two bathroom, penthouse unit with magnificent views, use of pool, tennis courts & access to small private beach on Harrington Sound. Available September 1st. Roderick DeCouto Real Estate Ltd. 292-4990 email: info@decoutore.com $4500/ Month – Old Bermuda Cottage with lots of character, spectacular ocean views of Harrington Sound, privacy, immaculate surrounding gardens and garage. 3 bedrooms, 2 bathrooms. Located at the end of My Lords Bay Road, Hamilton Parish. Contact Cesa of Bermuda Longtail Real Estate Ltd, aaac@ logic.bm or 300-2768 $4,500/ Month – Milkwood APT. Smiths – Centrally located unfurnished apartment with the use of a very large pool and private beach! This great apartment has a living room, dining/sun room and kitchen on the lower level and 2 beds and 2 baths on the upper level. Large garden to the rear. The pool and beach are just steps away from the back door! Commencement Date: November 1st 2010, Terms: Long Lease preferred. For Rent from Kitson Real Estate. For more information, or to make an appointment to view any property, please contact Jane Burt 295 2525. $4800/ Month – Atlantis in The City of Hamilton. Furnished, 2 bedrooms, 2 baths, security, gym, storage, pool. Turn Key. Contact Cesa of Bermuda Longtail Real Estate, aaac@logic.bm or 300-2768 $5000/Month – SOUTH SHORE, WARWICK 3-BED HOME WITH APT.A very light and spacious home close to beaches. Available now. for house only. Separate 1-bedroom apartment $1500/month. Please call Brittany of The Property Group at 505-1466 $5,000/Month – Spectacular views of Harrington Sound & South Shore from this Hamilton Parish home. The lower level has a fully equipped kitchen and sitting room with access to open garden area. Two bedrooms and a bathroom are on the second level. The third level consists of air-conditioned master bedroom, en-suite powder room leading into bathroom with whirlpool tub/standing shower. Large closet space on every floor. Additionally, a covered patio/car port and exterior adjoining storage room. Daina Outerbridge 299-1504 at Rego Realtors $6,000/ Month – ***AVAILABLE IMMEDIATELY**** 750 sq. ft. building located in the heart of historic Flatts Village. Custom cedar windows and doors. Covered brick verandah, well maintained lawn with putting green, Bathroom with Waterworks shower, and kitchenette. Boardroom with custom built file storage and bookshelves.
Parking available. Would possibly consider changing to residential use for the right tenant. Contact Donna at Joy Lusher Real Estate 535 9909 $6,500/Month – Charming family home located in a quiet Paget lane, only minutes from Hamilton. Accommodation includes large living room with fireplace, dining room, galley kitchen with breakfast room, large covered patio, open courtyard, powder room, master bedroom with ensuite bath, additional 2 bedrooms and bath, large garden with fruit trees and large outdoor storage room. Liz Wright 2991519 at Rego Realtors $6,500 to $8,200/ Month – Available September 1st. Rosemont City Place, Rosemont Avenue Pembroke. Ideally located with a minutes walk to the City is Rosemont City Place… Elegant and spacious apartments ranging from 1,440 sq ft to 2,100 sq ft. Unfurnished. Please call Donna at Joy Lusher 535-9909 $6,500/ Month – Available Now. Lovely old Bermuda home with recent upgrades, retaining all of its charm with open beam ceilings in the living room with a cozy fireplace, renovated kitchen, den or office and powder room. All three bedrooms on the upper level, master bedroom with ensuite bath. Spacious and beautiful grounds, great for the little ones! Centrally located in Paget, only a 15 minute commute to Hamilton. Sole Listing #5506 Rebecca Dunstan, Coldwell Banker Bermuda Realty $7000/ Month – Modern and Spacious four bedroom home off of Cobbs Hill Road in Warwick. Ocean views, living room with fireplace, dining room, eatin kitchen, games room, large enclosed yard, garage. Outdoor Jacuzzi. Contact Cesa of Bermuda Longtail Real Estate Ltd, aaac@logic.bm or 300-2768 $7500/ Month – CLARENCE COTTAGE, Pembroke. Set in a private estate, this 3 bedroom, 3 bathroom property with spacious grounds is centrally located and has water rights on the North shore. Updated kitchen, lots of storage, travertine floors. Living, dining area leads out to spacious porch which overlooks a huge garden & picturesque gazebo lit at night. Can be rented furnished or unfurnished. Commencement Date: September 15th 2010, Terms: Long Lease preferred. Visit www.kitson.bm for more properties $9000/ Month – GLAN MOR, Smiths. 3 Bedroom 3 bathroom. Stunning ocean views from this centrally located unfurnished house, set in a third of an acre with a great balcony for entertaining. The house has a large kitchen, living, dining areas, wooden floors, fireplace and garage. The lower level could be used as a guest/nanny suite or large family entertainment area. Commencement Date: October 1st 2010, Terms: Long lease preferred. For Rent from Kitson Real Estate. For more information, or to make an appointment to view any property, please contact Jane Burt 295 2525
10 w Island Property News s September 2010
$9000/ Month – Upper main home South Shore views and with state of the art swimming pool with surround sound speakers. 3 bedroom home, modern, den/games room, all appliances and a/c. Located off of South Road, Smiths. Contact Cesa of Bermuda Longtail Real Estate Ltd, aaac@logic. bm or 300-2768 $10,000/ Month – Exquisite & Magnificent 7,800 sq ft furnished 4 bed 5 ½ bath property is purely spectacular!! Located on top of a hill in Warwick you have views of South Shore, Dockyard and Hamilton. First floor offers cherry hardwoods & Italian tile throughout a totally fitted kitchen with granite countertops, island & all stainless appliances: gas cook top, double oven, wine fridge, dishwasher & fridge w/ ice maker. A massive outstanding formal dining room w/ 2 way marble fireplace, den & splendid formal living room w/ marble fireplace also located on first level 2 bedrooms 1 ensuite, additional full & ½ bath. This property also enjoys a finished basement w/ yet another bath. Located on 2nd level you will find your incredible master bedroom fit for a King & Queen with a walk in closet made for the King & Queen!! Italian marble pillars, cherry wood flooring, marble fireplace, balcony overlooking the distant water views w/ beautiful sunsets, and the most glorious master bath with sunken jetted tub, 2 sinks and separate shower w/ rain shower head. 2nd level also offers a fourth bedroom ensuite w/ private balcony looking out to the distant water views of Dockyard & Hamilton. Kim Sheen, Realtor McInnis & Assoc. 734-1264 ksheen@northrock.bm www.mcinnisandassociates.com $10,500/ Month – Fabulous views of Hamilton Harbour from this executive rental in Paget. Brand new 3 bed, 4 bath penthouse apt. State of the art kitchen. Verandah on both sides of apt. Please call Sallyann 535-4521 FERRY TO WORK from Darrell’s Wharf from this quaint little furnished one-bedroom cottage off Morgan Road, Warwick. The cottage comprises an open plan living room/dining area, one bedroom, one full bathroom with tiled tub and shower, plenty of closet space, and a fully equipped kitchen. There are wonderful open-beam ceilings throughout, terracotta floor tiles and a cozy fireplace. Available October 1st. Roderick DeCouto Real Estate Ltd. 292-4990 email: info@decoutore.com
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Island Property News s September 2010 w 11
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