Bermuda Real Estate Handbook 2020

BERMUDA REAL ESTATE HANDBOOK

2020 Priceless

The complete guide to Island property for buyers and sellers

Market Analysis Advice for Buyers #trending Home Improvements

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When you instantly feel at home...

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hour pre-approval process

Begin your journey to home ownership with an HSBC Same day Mortgage Pre-Approval s Know the price range of homes you can afford and shop with conďŹ dence s 0RE APPROVED lNANCING MAKES YOUR OFFER MORE ATTRACTIVE TO SELLERS s )T S FREE TO APPLY Book an appointment today!

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For more information call 293-4887 or visit www.efďŹ ciency.bm

CONTENTS

15 Expert Legal Advice

Published by Bermuda Media PO Box HM 2032 Hamilton HM HX Tel (441) 292-7279 E-Mail: hello@bm.bm www.bermudamedia.bm Publisher: Ian Coles

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Marketing Director: Lissa Fisher Art Director: Tim Parker Associated Media: Bermuda Business Visitor New Resident Guide Your Future Going Green Health & Beauty Building Bermuda House Garden Kitchen and Bath Your Office in Bermuda The Bermuda Channel

6 Interiors 10 Resort Development 12 Market Review 14 International Purchasers

16 Best Properties 25 Estate Planning 26 Home Improvement 28 Expert Advice

ON THE COVER Tucker’s Town home designed by Linberg & Simmons and being built by Atlantic Construction

MAKE YOUR

Dream home

A REALITY.

At HASCO HOME, our Design Concierge Services include design concepts, a detailed floor plan and management of your project from creation to completion. Our designers have wide-ranging experience from kitchens to bathrooms, entire home renovations and so much more!

215 Middle Road, Southampton | 238-0198 | home@hasco.bm | www.hascohome.bm Real Estate Handbook 2020

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#TRENDING

Pipeline to Somerset

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

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

Sweet Dreams Designer elements are evident from every angle in this queen storage bed from the Caitbrook bedroom collection. Quality crafted from solid wood and featuring dovetail drawers to help solve small space problems with ease. On each side of the bed, a deep drawer provides storage for everything from extra bedding and pillows to seasonal clothes. Additional storage at the top and foot of the bed has you covered from head to toe.

Lifestyle Furniture. www.lifestylefurniture.bm. Tel: 261-7327.

Washington Mall. 20 Church Street, Hamilton.

Bone Chillin’ Terrence Bowens, who has been working in the industry for more 25 years, has started a new air-conditioning company.

Terrence services all makes and models of air-conditioning units. His years of experience working in the Bermuda industry has helped him to become familiar with both commercial and residential customers and the variety of units on the Island.

Tel: 707-4887. Email: bonechillin2019@gmail.com 4

Sleep Therapy The Serta iComfort Hybrid ultraplush pillow top mattress combines TempActiv Gel Memory foam with two layers of EverCool Fuze foam for luxurious comfort with enhanced breathability. Your body gets exceptional support from the Serta Hybrid Coil support system, built to deliver the ideal trifecta of comfort, support, and durability. The Blue Fusion 300 Plush Pillow Top is finished with soft, yet durable TempActiv Balance Fabric for high-performance heat and moisture regulation.

Dreams – The Mattress Professionals. www.dreams.bm.

Tel: 293-7326. Washington Mall. 20 Church Street, Hamilton.

Real Estate Handbook 2020

#TRENDING

Moving Up Bed in a Box

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

OBMI Bermuda is proud to announce the achievements of three talented team members. Colin Brown received his advanced diploma in professional practice in architecture. He is now registered with the Royal Institute of British Architects (RIBA) and entitled to register with the ARB and IBA. Senior Interior Designer Vanessa Bean was certified with the National Council for Interior Design Qualification, NCIDQ 31504.

Landscape Architect Jennifer Davidson was elected as a chartered member of the Landscape Institute with CMLI designation.

OBMI, Woodbourne Hall, 1 Gorham Rd. 278-3550. bermuda@obmi.com. bermuda.obmi.com

ASK KIM SHEEN!!

Thinking of selling/buying/renting a property? It’s easy! Just ask Kim and she will take the confusion away!

Why? Because she has been Earning the Trust and Confidence of her Clients for the past 35 years!

Wondering what your property is worth?

Easy! She will provide a full market analysis for you!

It’s EASY!!

:

441-734-1264

kim@kimsheenproperties.bm www.kimsheenproperties.bm Real Estate Handbook 2020

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INTERIORS

For a better night’s sleep Dreams is Bermuda’s only dedicated mattress gallery carrying the number-one mattress supplier in the world, Serta Mattress. reams features the Island’s largest selection of mattresses, box springs, and motion bases.

It offers many different comfort levels of mattresses, which you can test at its store on the lower level of Washington Mall. Factory-trained staff are on hand to assist you with any questions you might have in relation to mattresses and box springs.

Dreams sell industry-leading memory foam mattresses that feature layers of dense, luxurious foam, and provide cooling comfort and cradling support. Plus, every model features a TempActiv Touch Cover for a coolto-the-touch sensation. Choose from a variety of models ranging in feel, so you can find the level of comfort that’s perfect for you.

For those who prefer an innerspring system, iComfort Hybrid models combine Serta’s top-of-the-line Serta Hybrid Coil system with advanced memory foam. These elements work together for superior motion control and pressure-relieving support.

In addition to mattresses and box springs, Dreams has an extensive array of sheets, pillows, mattress protectors, encasements, and toppers – everything you need to complete your new bed.

Dreams is passionate about making sure everyone gets the perfect night’s sleep. Whether it’s the in-store sleep advisors who know all there is to know about your sleep needs, to the largest selection of mattresses in Bermuda, Dreams will always make sure you get the comfort and rest you deserve.

Dreams’ goal is to sell and deliver the most comfortable beds, deliver marketleading quality, value, and choice and to work together to always exceed customer expectations.

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Real Estate Handbook 2020

INTERIORS reason, to shop with Lifestyle Furniture is your warranty.

Have peace of mind knowing that all warranties are covered and handled by Lifestyle Furniture, right here in Bermuda. You no longer have the problem of ordering products on the Internet and having to deal with warranty concerns if an issue occurs.

With Lifestyle Furniture becoming the official home of Ashley Furniture in Bermuda, we can guarantee the largest online selection, the fastest shipping times, and all at unbeatable prices. We are a local company, proudly owned and operated by Bermudians. When buying on-line you are actually shopping locally and keeping the business in Bermuda.

Largest furniture selection in the world Lifestyle Furniture explains how they make a wide choice available on a small island e understand that living in Bermuda means, not everything is available and readily accessible. Which is why we have partnered with the largest furniture company in the world, Ashley Furniture Lifestyle Furniture has worked tirelessly to ensure that your shopping experience is as care-free and enjoyable as possible. We have joined forces with Ashley Furniture to allow the customer to have the benefit of shopping with the largest furniture company in the world without ever leaving Bermuda.

To start shopping today, visit www. lifestylefurniture.bm and click the link to Ashley Furniture and browse the incredible selection of products. We are proud to guarantee the US pricing you will see on Ashley Furniture’s website. In other words, the price you see online, is the price you pay. Once you have found the item or items you are interested in, give us a call or email the item name or number to info@ lifestylefurniture.bm. We simply add the shipping and duty to the cost of your item.

Take advantage of knowing that the final price you see is always the price you pay.

From that point you have nothing to worry about. We clear your goods through customs, guaranteeing painless, costeffective, on-time delivery to Bermuda. By doing this, we remove any doubt on what the final cost of your order will be.

The final, but possibly most important

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Real Estate Handbook 2020

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EXPERT ADVICE

Top Versus Front Load Washers:

The Dirty Differences Learn which washing machine will help make laundry day a little easier and brighter hen purchasing a new washer, there is more to consider besides price and size. Choosing any appliance or laundry

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equipment should be personalised, like selecting a home or car. For example, a single professional and a family of four would not have the same laundry needs; therefore, their best solutions differ.

There are two main types of washers to choose from: top load (with and without an agitator) and front load.

Both styles are available in residential or commercial grade, and, if you find yourself doing laundry three to five times a week (or more), you should consider going with commercial. Speed QueenÂŽ provides commercial models, suitable for residential use, with a three-year warranty in Bermuda.

Factors to consider when selecting a washer should be ease of use, flexibility, efficiency, and, most importantly, cleaning results. Top loads are considered more convenient because you don’t have to bend down to load or unload clothes, and they provide the ability to add clothes midcycle, which is not an option with front load models.

Popular opinion is that top load models with an agitator clean better than models without; however, this is false.

Agitators rub against clothes to remove and rinse away loose soils, while top load models without agitators and front load models rub clothes against each other to deliver a thorough and gentle clean.

These models also provide more room in the basket for bulky articles and easier loading and unloading.

Front load washers use an average of 40% less water than top load models and spin an average 30% faster than top loads, which means more water is removed from the clothes before they are transferred to the dryer, reducing the drying time. These factors make front load models an appealing selection for water and energy conscious consumers.

See all the choices by GE and Speed Queen and get expert advice at BATE’S at 7 Marsh Lane in Devonshire. www.bate.bm

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Real Estate Handbook 2020

DESIGN

The Art of Interior Design o the layman, an interior designer and interior decorator appear to be synonymous.

But while both focus on the interior spaces of their projects, there is a considerable difference between the two professions.

According to the National Council for Interior Design Qualification (NCIDQ), the core definition of an interior designer is…

Interior design encompasses the analysis, planning, design, documentation, and management of interior nonstructural/ nonseismic construction and alteration projects in compliance with applicable building design and construction, fire, life-safety, and energy codes, standards, regulations, and guidelines for the purpose of obtaining a building

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permit, as allowed by law.

As you see, the accountabilities of an interior designer go well beyond simply selecting colours, textures, and patterns. Although he or she will use the same criteria, an interior designer will also demonstrate further concern on the appropriateness of type,

usage, sound transference, acoustic properties, flammability, and longevity of a particular product or design.

Essentially, interior design is a multifaceted profession that strives to improve interior spaces to accommodate the needs and lifestyles of those who consume those spaces. It also takes into consideration the environment and sustainability of the design while overseeing conceptual development, space planning, and site inspections.

An interior designer must also be fully up-to-date with the latest design trends, products, government regulations, and building codes.

During the initial consultation with an interior designer, the scope of the project will be assessed, along with the timelines and budget.

The designer will then create a schematic design plan using computer-aided design software (CAD) or hand sketches. Once a preliminary design is agreed upon, the designer will estimate the costs, draw out the furniture, fixtures, and equipment (FF&E) and create a more precise project timeline.

Regardless of your project’s scope or scale, acquiring the services of an interior designer will provide you with efficient solutions for better use of the space in question.

One of Bermuda’s oldest firms is OBMI. The office is home to awarding-winning interior designers with extensive experience and diversified portfolios. To learn more about OBMI and view featured projects, visit bermuda.obmi.com.

Built On Commitment, Designed By Inspiration

ARCHITECTURE / INTERIOR DESIGN / LANDSCAPE ARCHITECTURE / MASTER PLANNING bermuda@obmi.com • 441.278.3550

Real Estate Handbook 2020

BERMUDA.OBMI.COM

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NEW PROPERTIES

Residential Resort Development,

Bermuda-Style Tapestry Collection by Hilton helps usher in a new era of original resort hotel experiences ermuda offers a host of accommodation choices both from a rental and buying perspective. Recently, the Island has seen plenty of growth in new residential inventory. This has been a welcome addition and has provided local residents and overseas visitors with a variety of new options.

Over the years, the demand for more resort real estate in Bermuda has grown, and the market has responded.

Many new resort developments have been completed, being constructed, or upgraded. Most are associated with globally recognised luxury hospitality brands.

These resorts create much needed modern new residences, managed by onsite service-orientated teams.

They have also helped the government

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to increase hotel room inventory, which was a key goal for the island.

A Unique Opportunity One of Bermuda’s newest entrants to the market is Bermudiana Beach, part of

Hilton’s Tapestry Collection.

The resort sits high above the crystal blue waters of the Atlantic Ocean on the Island’s iconic South Road.

The developer identified a gap in the market and has created 71 sensibly priced, two- and three-bedroom condominiums.

These come fully equipped, fully serviced, and have access to resort amenities.

There is a clifftop bar and restaurant overlooking the ocean, and owners can use the hotel’s spa, infinity pool, and gym.

There is even a private elevator down to a pristine pink coral sand beach.

Condos enjoy stunning beach and ocean views

Real Estate Handbook 2020

NEW PROPERTIES Living area

Kitchen

Clifftop bar, pool and elevator to beach

Owners can stay up to 90 days each year – a condition that ensures the hotel side of the business remains viable. But with average vacation home usage at 45 days a year this is still a generous allowance. Owners can then choose to rent out any days or weeks they are not in their condo through the hotel.

Hilton’s Tapestry Collection’s global

sales and reservation system will support the hotel rental program.

Owners can rent their condo out as a room or suite to hotel guests when they are away. Some condos have a “lock off ” system that converts a two-bedroom into a separate hotel room and suite or a three-bedroom into two suites. In this way, condos appeal to couples, friends, and families alike.

A professional management team will manage property repairs and maintenance, housekeeping and reception.

Owners can then enjoy all the benefits of owning a revenue-making apartment in a condo-hotel without the hassle that normally comes with owner-managed vacation homes.

Companies may also see Bermudiana Beach as a viable alternative to traditional hotel accommodation for their visiting customers, clients, and stakeholders.

To find out more about Bermudiana Beach, please call Heather Chilvers: 1 441 232 6000. Email: Heather.

Chilvers@BermudianaBeach.com.

The Next Step ............................................... ..

LIST YOUR PROPERTY WITH US and let us change the way you handle your real estate needs.

We provide you a written • Competitive Market Analysis • A personalized marketing plan • Sales and marketing updates AND our EXCLUSIVE

[ GUARANTEE ] Sole Listing Seller Services

Contact your Coldwell Banker agent today

WWW.BERMUDAREALTY.COM

EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED. COLDWELL BANKER BERMUDA REALTY IS A TRADE NAME OF BERMUDA REALTY COMPANY LIMITED.

Real Estate Handbook 2020

441-292-1793• 11 PAR-LA-VILLE RD. • HAMILTON

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MARKET REVIEW

A Lackluster

8LI :MPPEW EX 8LI 1SVIR

Buddy Rego, president, Rego Sotheby’s International Realty, says 2018 brought a double whammy with notably less buyers and lower price points he major tells in real estate, and for that matter in any sales-related industry, are two fundamental indicators: dollar volume and unit volume. In the Bermuda real estate market, both the overall market dollar volume and unit volume were down, 15% and 9%, respectively, in 2018 compared with 2017.

The most notable outcome of 2018 is that there were a third fewer Bermudians buying homes. This meant that the local market itself with Bermudians selling their properties to fellow Bermudians struggled to come anywhere near matching 2017’s already low residential sales turnover of homes

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under $126,000 annual rental value (ARV ).

Compounding the Bermudianonly sector for home sellers was that the average sales prices also failed to maintain status quo as closing average prices were marginally lower, too.

Looking at the overall residential home sales market, irrespective of whether internationally available or Bermudian-only homes, another loss in value occurred with the average sales price of all residential units sold, falling from approximately $1.6M in 2017 to $1.4M in 2018.

Other sectors of the real estate market were not immune to the signs

of a further slowdown in both dollar volume and unit volume.

Commercial real estate in 2018 dropped 15% by volume with a minimal reduction in average sales price; further, 42% less land traded in 2018, with the average sale price decreasing 26% yearover-year.

Just as in the residential home buyer activity slowdown, Bermudian-only available condominiums purchased under $25,800 ARV generally trading around $250,000, experienced the most significant drop, from 10 sold in 2017 to only one sold in 2018. The trend here is that more Bermudian buyers are looking for higher-quality Real Estate Handbook 2020

MARKET REVIEW

Year condominiums as owner–occupiers or as wise long-term-investment considerations.

That flight to quality in the condominium sector became evident in the internationally available condominium category led by Bermudians who bought the majority of the 2018 inventory at or above $25,800 ARV. This upward spend shift

by Bermudians drove 2018’s real estate anomaly with an 18% increase in the average price to $980,000, up from $800,000 in 2017. The profile of the Bermudian buyers is broadening with more younger individuals, couples, and young families becoming first-time homebuyers who may either be leaving the nest or deciding to convert their rental commitments into investments.

The number of single-family homes sold in the luxury market with an ARV of $126,000 or more remained the same. As in 2017, the same number of Bermudians at 45% in 2018 purchased homes within the internationally available category at an average price of $5.2M. International buyers came from the UK, US, Sweden, and Germany.

For the opportunist, 2018 and into

2019 remains a buyers’ market for Bermuda real estate with lower turnover and decreased prices of residential homes, commercial properties and land acquisitions – apart from the luxuryend of condominium sales referenced above. There is likely to be little increase in activity in 2019 compared with 2018 in the market overall. However, as evidenced by sales made by Rego Sotheby’s International Realty of The Loren Hotel at Pink Beach Villas and increased showing activity with

international buyers, we foresee in 2019 a potential for an increase in sales of the internationally available inventory.

Other factors potentially having an impact on the Bermuda real estate market in general stem from any changes in the sales taxes and immigration policies – particularly in the event the Bermuda government allows work-permit holders to purchase internationally available condominiums, given they are already allowed to buy homes.

For those on a journey Your home is more than a building or an address. It’s where you experience life, family, connection, growth. Your home should be as exceptional as you are, and as you are going to be. For a lifestyle inspired by your potential, there is only Rego Sotheby’s International Realty.

Buddy Rego

regosothebysrealty.com | 441.292.3921

Each Office is Independently Owned and Operated.

Real Estate Handbook 2020

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INTERNATIONAL BUYERS

Why overseas buyers purchase in Bermuda The experts at The Property Group explain why property on the island is a priceless investment he year-round beauty of Bermuda, with its pastel coloured houses and white roofs,

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exotic flowers, pink beaches, and mild subtropical climate, is a great lure for the hundreds of international buyers

Innisfree, Warwick

The Property Group Ltd is the finest of Bermuda’s real estate companies. We represent the most desireable properties available in every sector of the residential market, for sale or rent.

Phone: (441) 234-6900 Fax: (441) 234-6892 info@tpg.bm Web: www.property-group.com please contact Sallyann Smith (441) 535-4521 or Brittany Archer (441) 505-1466

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who purchase homes in Bermuda. Also of great appeal are the high standard of living, excellent health care, the presence of international legal and accounting firms and banks, excellent schools, and regular direct flights to the major hubs in North America and the United Kingdom.

Typically, international purchasers who buy property here as a permanent residence or a holiday home, already know Bermuda, having worked here, vacationed here, or simply want to retire here. Property has grown steadily in value over the decades and remains secure, thanks to the island’s history of political and social stability.

A diverse range of properties is available for those from abroad to purchase – from grand houses with asking prices between approximately $4 million up to $25 million.

Condominiums, which are available to overseas purchasers, can range from between $500,000 to upward of $4 million. The Bermuda government assesses each property with an annual rental value (ARV ) for land tax purposes. An ARV needs to be above $126,000 for a house or $25,800 for a condominium to determine whether the property is available for a nonBermudian to purchase. There is a one-time government fee for nonBermudians purchasing property, 8% for houses, and 6% for condominiums.

This is to negate the risk of international speculation in the local property market. Local property lawyers and real estate agents guide buyers through the negotiation and purchase process.

There are also first-class fractional ownership properties to consider, many in beachfront resort locations, should a buyer not need a year-round home.

It is the lifestyle and the great pleasure it gives, rather than the investment opportunity, that motivates most buyers of luxury Bermuda homes or condominiums. So the initial investment will seem positively shrewd in a few years time. The Bermudian way of life is truly priceless.

For expert advice on the Bermuda property market and details on fine homes for sale, contact The Property Group. Tel: 441-234-6900. Email: info@tpg.bm Real Estate Handbook 2020

LEGAL ADVICE

Purchasing Your Dream Home Denis de Frias provides a guide to help you buy your new home in Bermuda.

Get Your Finances in Order • Preapproval: A mortgage charges the title of the property until repayment of the loan is complete, at which time the charge is released. It’s always best to start by making an appointment with a local lender to seek preapproval for financing. Confirm with your lender how long preapproval lasts for and how often you should have it renewed.

• Stamp Duty: The Government Stamp Duty charged on the transfer deed should be considered. Your attorney will prepare a mortgage deed; there are stamp duty and legal costs associated with this document, too, and these costs are the sole responsibility of the purchaser/borrower.

Find a Property Attorney While purchasing a property can be a relatively straightforward transaction, each deal presents its own unique circumstances that require the guidance of professionals

Real Estate Handbook 2020

trained in the intricacies of buying/selling Bermuda property.

Background Checks Know what you are actually purchasing.

• Property Condition: Bermuda is known for its proven construction methods; thus, buyers do not customarily request structural surveys.

However, if the site is sloped, there is a possibility of termite infestation or outdated electrical and/or plumbing installations, which means a survey is warranted.

• Boundaries: Ensure that the seller re-stakes the property boundaries to ensure there are no encroachments or other discrepancies.

• Tenants: When purchasing a property that contains one or more units, verify • If tenants are currently living in the property, • The rent registered with the Rent Commissioner’s Office, and • There have been no illegal increases in rent

and the history of tenant payments.

• Planning Search: A planning search is conducted to ensure that no property development has been made without planning permission. This usually takes four weeks to be processed.

• Title Search: Your attorney will conduct a title search and will also search the Land Title Registrar’s Office and Supreme Court for any outstanding mortgages and judgments against the property, the seller, and predecessors in title.

• Land Taxes: These are payable twice a year in equal instalments. The history of payments should be verified to ensure all taxes have been paid.

Sign on the Dotted Line Once you have made an offer on the property, and it has been accepted, your attorney will review the sale and purchase agreement and make any necessary amendments before you sign it.

Denis de Frias is a director of MJM Limited and is responsible for the firm’s property practice. Mr de Frias has more than 20 years of experience in a broad range of property transactions.

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BEST PROPERTIES

TROPIC WATERS Situated on Harbour Road with unobstructed harbour views, Tropic Waters has been immaculately renovated.

The open plan design showcases the beautiful contemporary architecture, enhanced by bountiful natural lighting as a result of the floor to ceiling doors and windows. Enjoy a friendly game on the paddle tennis court or spend your time lounging or swimming from your private dock. If you are looking to accommodate an active family in a large 4-bedroom home with separate nanny or guest accommodation, make an appointment to view Tropic Waters. Coldwell Banker Bermuda Realty. Sole agent, Brian Madeiros. Tel: 247-1801. Email: bmadeiros@brcl.bm

FAIRYLANDS ATTRACTION Seldom does a moderate sized 3-bed, 2-bath one-level family home become available in the desired Fairylands neighbourhood at this entry level price.

It offers a resplendent half-acre expansive lawn and garden area with a beautiful Poinciana shade tree, a workout room and single car garage plus deeded Right of Way to the waters of Mills Creek. This is a rare buying opportunity at $1,395,000.

Coldwell Banker Bermuda Realty. Sole agent, Jack Kripl. Tel: 705-4500. Email: jkripl@brcl.bm 16

NAMASTE This well-designed home features a split dining area and family room, renovated kitchen, powder room and large laundry/storage area. French doors open to a spacious pool terrace — an entertaining oasis. Stairs lead to an expansive formal living room and adjacent office/library nook. The grand master bedroom has a spacious ensuite bath.

Two additional bedrooms and guest bathroom. A wrap around balcony offers immense natural light. Separate apartment for income or nanny quarters. Well-manicured yard with citrus trees and other mature vegetation. Coldwell Banker Bermuda Realty. Sole agent, Angela Hanwell. Tel: 247-1833. Email: ahanwell@brcl.bm

CAMDEN NORTH Inchun is an immaculate family home, completely renovated throughout.

Situated on 0.48 of an acre, there are ample grounds, with a private pool area and large and tastefully renovated pool house/guest cottage. The main house has a very roomy 2-bedroom apartment below, with private entrance. The main living area is extremely open and leads to an extended and well-designed kitchen.

Inchun is only minutes from Hamilton and you can walk to the Botanical Gardens. Coldwell Banker Bermuda Realty. Sole agent, Adam Birch Tel: 505.5157. Email: abirch@brcl.bm

EPHEMERAL HEAVEN Stunning water views encompassing Five Star Island, the Great Sound and Dockyard. Relax and watch the sunset from practically every room, or the plunge pool, of this 3-bedroom, 3-bathroom, executive-style home. The kitchen allows the cook all the amenities with stainless steel appliances, granite countertops and an island with a cook top. There’s a formal dining room for family dinners/ entertaining and a sunny breakfast nook in the kitchen that leads into a spacious family room or media room. $1,500,000.

Coldwell Banker Bermuda Realty. Sole agent, Angie Lodge Tel: 505-0424.

Email: alodge@brcl.bm Real Estate Handbook 2020

BEST PROPERTIES

WATER VIEWS Issano offers multiple living options, centrally located with water views.

Perfect if you’re looking for a place that you can live in with income, for income potential, or for a family living together.

Made up of two, 2-bedroom apartments and one, 1-bedroom apartment, all are in good condition, with open plan living spaces and water views. The 1-bedroom apartment is oversized and loft-style.

Located only 7 minutes from the city and 5 minutes from South Shore beaches.

Coldwell Banker Bermuda Realty. Sole agent, Sarah Faiella. Tel: 247-1832.

Email: sfaiella@brcl.bm

QUAINT TOWN HOME Townhouse located in the Sugar Cane development just up the hill from Somerset Village. Living/dining area with wood flooring and fireplace. Atrium doors lead to private patio and yard. Spectacular kitchen with breakfast nook. Full bath. On 2nd floor there are 2 beds, bath and master bedroom has ensuite with bath and Jacuzzi. This complex features a lovely pool and is within walking distance of ferry, shops, bus and dining. Only $325,000. Kim Sheen Properties. Email: kim@kimsheenproperties.bm.

Tel: 734-1264. www.kimsheenproperties.bm

ENTERTAINING MANOR Magnificent 8,000 sq. ft. home with post card views of the ocean, Tuckers Point and Mid Ocean golf courses. Built by a protégé of Frank Lloyd Wright, this artistically stunning home offers 6 bedrooms, 5 1/2 baths, and an elevator.

Separate guest quarters with 3 bedrooms, all en-suite, and an office. A stunning cypress and marble staircase leads to a gracious 2-story great room with impressive library. Spectacular pool, pool house, and separate staff quarters. Plus 1- and 2-bedroom additional apartments.

Kim Sheen Properties. Email: kim@kimsheenproperties.bm. Tel: 7341264. www.kimsheenproperties.bm Real Estate Handbook 2020

MAGNIFICENT MANSION Old Battery estate sits high on a hill overlooking the beautiful South Shore in Tucker’s Town. It encompasses more than 4 acres of immaculate grounds, with a stunning 5 ensuite bedroom main house, 2 charming guest cottages, an infinity swimming pool, tennis court, and private coves with beaches. Available to international purchasers. The Property Group. Vicky Hamshere, Tel: 295-2142. Email: vicky@tpg.bm, or Gill Butterfield. Tel: 534-7746. Email: gill@tpg.bm. www.property-group.com 17

BEST PROPERTIES

PINEAPPLE A majestic home in Smith’s with outstanding views of the South Shore and Harrington Sound. Built in 2013 and featuring open-plan living. 4 very spacious bedrooms, all with en-suite bathrooms, plus bonus room. Lower level features a designated office, media room, 2nd kitchen, additional bedroom, and garage. Heated swimming pool, private completely enclosed grounds, full size generator servicing the entire house. Available to Bermudians, PRC holders and international purchasers. $4,750,000. The Property Group. Barbara Trimingham.

Tel: 505-9962. Email: barbara@tpg.bm. www.property-group.com

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

NAUTILUS A fabulous waterfront house on two acres on South Shore with amazing sea views, private access to a beach and its own pool.

Large kitchen with a centre island, family room, separate dining room and living room, plus extensive covered terrace. Master bedroom features huge en-suite bath and dressing room. 2 further bedrooms main floor. Separate 1-bedroom guest or rental suite on the lower floor. $3,475,000. The Property Group.

Georgina Simpson. Tel: 517-2424. Email: georgina@tpg.bm. www.property-group.com 18

KING’S CASTLE Camelot is nestled on Glebe Hill in Tucker’s Town with stunning views over the Mid Ocean Golf Course and the South Shore. It encompasses 1 acre of private grounds, a pool and deck, and a 5 ensuite bedroom main house, designed so that every room has remarkable golf course and ocean views. Available to international purchasers. $4,500,000. The Property Group.

Gill Butterfield. Tel: 534-7746. Email: gill@tpg.bm. www.property-group.com Real Estate Handbook 2020

BEST PROPERTIES

BELMONT HILLS

HIDDEN COVE Beautifully appointed condominium with an award-winning decor at these very desirable residences overlooking South Shore. This light and spacious condominium has 4 bedrooms with ensuite bathrooms, living room, dining room and modern kitchen with breakfast area. All rooms are particularly spacious with high tray ceilings, and most enjoy spectacular beach views. One of the 3 terraces overlooks the pool and south shore. $2,600,000. The Property Group. Gill Butterfield. Tel: 534-7746.

Email: gill@tpg.bm. Or Britt Reiss. Tel: 747-8589. Email: britt_helene@yahoo.com. www.property-group.com

A highly sought after luxury, light, bright 2-bedroom, 2-bath unit with a magnificent 1,000 sq.ft. patio, providing stunning water views. Wood floors throughout. The spacious master bedroom has panoramic west facing views. The luxurious ensuite bath, has glass-enclosed shower and separate tub. Other amenities include a covered carport, large locked storage area, pool and gym for residents, 2 award-winning restaurants, plus Belmont Hills Golf Course. The ferry stop is a short walk. Available to Bermudians, PRC and international purchasers. $1,195,000. Keller Williams Bermuda.

Lisa Smith Outerbridge. Tel: 517-0769. www.kwbermuda.com

STUNNING HOME On 2/3 of an acre with 5,000 sq.ft. of open living area and 1,000 sq.ft. of covered porches, this home has 3 bedrooms, 4 full bathrooms, 2 half bathrooms, large gourmet kitchen, dining room, den and living room. A covered porch overlooks the manicured grounds and large swimming pool. There is also a 1-bedroom apartment with separate assessment number, plus a detached garage. All in a very private setting. $2,400,000. Keller Williams Bermuda.

Albert Moura. Tel: 535-1453. Email: albert.moura@kwbermuda.com. www.kwbermuda.com Real Estate Handbook 2020

MISTY VIEWS This family cottage near Shelly Bay has 2 bedrooms, 3 baths, spacious living room with fireplace, large solarium, dining room and efficient kitchen. Set on a singlelevel grassed yard, with water views of the fast ferry and fishing boats. The home is move-in ready, and offers the possibility to modernise or expand by adding a second storey. $710,000. Keller Williams Bermuda. Liza Outerbridge. Tel: 504-7945. www.kwbermuda.com 19

BEST PROPERTIES

HIDDEN COVE, LEEWARD Start your day with a walk on the beach, a dip in the pool or simply relax on your private porch. This ground floor 4-bedroom, 5-bathroom residence is in one of Bermuda’s most sought-after condominium developments. A stonethrow from the boutique hotel, the Loren at Pink Beach, restaurants, beaches and world-renowned golf courses. This property offers discerning buyers the opportunity for the upmost in luxury. $2,500,000.

Rego Sotheby’s International Realty.

Valerie Nearon. Tel: 534-9385.

Email: vnearon@regosir.com. www.regosothebysrealty.com

PANDEMONIUM TOO

LEAMINGTON CAVES ESTATE

ARAGON

A once-in-a-lifetime opportunity beckons. This 5-bedroom residence represents the pinnacle of sophistication, embracing exceptional craftsmanship in the wood and marble stonework throughout the home. Its grounds evoke a spa-like oasis and boasts the largest private cave in Bermuda. There is also a sizeable 3-bedroom guest cottage on the property that was formerly the famous Plantation Restaurant. Available to Bermudian, PRC and international purchasers and offered at $5,900,000.

Rego Sotheby’s International Realty.

Ben Rego. Tel: 535-7346. Email: benrego@regosir.com. www.regosothebysrealty.com 20

A well-maintained family home designed for the busy professional family, in a convenient location, with low maintenance yard, pool and Jacuzzi. Completely renovated in 2006, it features hardwood floors throughout, custom gourmet kitchen, new bathrooms and new air conditioning. Master suite with large ensuite bathroom, two further bedrooms plus an office/fourth bedroom. There’s also a family room, living room and dining room, and covered outdoor dining area, plus separate 1-bedroom apartment with assessment number. $1,650,000. Keller Williams Bermuda.

Natasha Thomas. Tel: 707-1556. Email: natasha.thomas@kwbermuda.com. www.kwbermuda.com

A meticulously maintained residence on Trimingham Hill, Paget. This 6,295 sq.ft. home offers a stately master suite with expansive balcony and grand dressing room. Barbeque and dine outdoors in the shelter of the lanai or retreat to the open-air courtyard.

There’s an orchid greenhouse and lush, mature gardens complete with a nursery for every imaginable tropical plant.

Aragon is the symbol of Bermudian and world-class hospitality. Available to Bermudians, PRCs and international purchasers. $5,250,000. Rego Sotheby’s International Realty. Penny MacIntyre. Tel: 299-1508.

Email: pmacintyre@regosir.com. www.regosothebysrealty.com

THE RESIDENCES AT ST. REGIS BERMUDA This world-class 30-unit development boasts luxurious contemporary design spanning over 680 linear feet of beachfront with breathtaking views.

Owners of these 2- and 3-bedroom residences will enjoy enviable amenities including beach, pool, wellness centre, state-of-the-art fitness centre, 2 restaurants and 24/7 concierge service to curate perfect island adventures. Live exquisitely in this new prestigious community. Priced from $1,775,680. Contact, Rego Sotheby’s International Realty. Buddy Rego.

Tel: 292-3921. Email: brego@regosir. com. www.regosothebysrealty.com Real Estate Handbook 2020

BEST PROPERTIES

DUXBURY Duxbury has sweeping views of the South Shore and the 3rd hole of Mid Ocean Golf course, yet is in very private Tucker’s Town location. Originally an Onions and Bouchard design, it provides both Bermudian charm and modern conveniences. The living room, dining room and master suite all have breathtaking views. The jewel in the crown of Duxbury is the outdoor area with pool overlooking the golf course and ocean. Duxbury is one of the most special properties in Tuckers Town. Available to international purchasers. $4,500,000. Frith Real Estate. Sue Frith. Tel: 333-7067.

Email: sue@frith.bm. www.frithrealestatebda.com

GLEBE HOUSE The Glebe House in Tucker’s Town commands stunning views of Bermuda’s breathtaking South Shore. The property sits on an acre of some of the most coveted residential land in Bermuda, offering both serenity and privacy. Designed by a protégé of Frank Lloyd Wright and built in 1960, upgrades over the years have enhanced the appeal of the estate. Once the private retreat of Lord Martonmere, a Governor of Bermuda, the home was built for entertaining, with multiple outdoor areas, a large pool and pool deck plus supporting pool house. Available to international purchasers. $6,900,000. Frith Real Estate. Darlene Davis. Tel: 533-4839.

Email: darlene@resources-ltd.com. www.frithrealestatebda.com

AUNT NEA’S INN In the heart of the UNESCO heritage town of St. George’s sits the iconic Hillcrest Residence. Converted into a guesthouse in 1961 it presently operates as a thriving bed & breakfast, known as Aunt Nea’s Inn. Recently renovated with modern upgrades, the inn features 10 guest bedrooms with private baths along with an expansive owner’s living quarters.

This home represents the best in contemporary comfort and classic Bermudian charm. Available to Bermudians, PRCs and international purchasers. $2,850,000. Contact, Rego Sotheby’s International Realty. Danielle Spurling. Tel: 2991510. Email: dspurling@regosir.com. www.regosothebysrealty.com Real Estate Handbook 2020

WRECK ROAD LOTS Located on Wreck Road in gorgeous Sandy’s, these 2 lovely lots totaling 1.57 acres, sit ready for a dream home. Lot 1 is 0.750 acres, covered by mature trees and vegetation. Not all is protected, with an area that is available for development under rural zoning regulations. With no conservation area restrictions, it is zoned rural, open green space and woodland reserve. Lot 2 of 0.820 is zoned open space reserve and woodland reserve. Kim Sheen Properties. Email: kim@kimsheenproperties.bm.

Tel: 734-1264. www.kimsheenproperties.bm 21

BEST PROPERTIES

PAYNTERS HILL

SKYE POINT Bold, breathtaking, oceanfront estate with stunning views of the Atlantic Ocean. Each of the 5 bedrooms provide extensive views of the ocean. The 2.18-acre property also encompasses a beautiful pool and cabana. This private estate has extensive indoor and outdoor spaces ideal for entertaining or enjoying the peace and quiet. Garage, wine cellar, slat house, large studio apartment and spectacular island views make this property a ‘must see’. $5,500,000. Contact, Rego Sotheby’s International Realty. Lyndy Thatcher Tel: 505-2034. Email: lthatcher@regosir.com. www.regosothebysrealty.com

HAMPTONS FAMILY SEA SHANTY A charming 2-bedroom, 2-bathroom HOME New on the market, is this stunning freestanding family home at the Hamptons overlooking the South Shore with lovely garden and bricked courtyard.

3 good-sized bedrooms upstairs with 2 bathrooms and a 4th bedroom/den with another bathroom downstairs. Includes many high-quality custom features designed for the original owners. 3,000 sq. ft including the covered porch.

Available to PRC purchasers. $1,295,000.

The Property Group. Sallyann Smith.

Tel: 535-4521. Email: sallyann@tpg.bm. www.property-group.com 22

cottage in move-in condition, in the heart of Paget with ocean views.

Lovely garden with mature trees and shrubs. Open plan living/dining room, plus bonus room for an office or playroom. Modernised galley kitchen leads to covered patio. The home was renovated in 2015 to update electrics and plumbing. Ideal for first-time buyers or those looking to downsize to a manageable, single-level home. $750,000.

Keller Williams Bermuda. Lisa Smith Outerbridge. Tel: 517-0769. www.kwbermuda.com

Designed by coveted Bermuda architects Linberg & Simmons, this stunning house, currently under construction, will have it all. Fabulous Tucker’s Town location, sleek, tropical contemporary design, indoor outdoor living floorplan, resort style living at the beautiful Rosewood Bermuda resort, views and more views.

With 4 bedrooms and 4 ½ baths, this 4,600 sq.ft. home will have ample room for family life or house guests. The house will feature 8-foot doors and top of the line finishes. There is an opportunity to customise the property to individual taste.

Available to international purchasers. $4,950,000. Frith Real Estate. Sue Frith.

Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com

BELMONT HEIGHTS Fabulous Belmont villa with stunning views of the harbour from the kitchen, living room and dining area. It has a bright, modern open plan kitchen with a breakfast bar. The master bedroom is generous and the ensuite bathroom has double sinks, a walk-in shower and Jacuzzi.

Roomy 2nd bedroom and bath. The outdoor entertaining space is fantastic with front veranda with beautiful water views, or retreat to back patio in windy weather.

Private garage and a central location.

Available to international purchasers. $1,295,000. Frith Real Estate. Sue Frith.

Tel: 333-7067. Email: sue@frith.bm. www.frithrealestatebda.com Real Estate Handbook 2020

BEST PROPERTIES w w w. b e r m u d a r e a l t o r. c o m

Jack Kripl A RRealtor lto YYouu Ca Can TTrust r t

Cell: 441-705-4500 Office: 441-247-1815 jkripl@brcl.bm

SHELLY HEIGHTS A 1-level main house with 4 bedrooms ensuite, and an 18’ x 33’ combined living room/dining room with fireplace. A 40’ x 16’ swimming diving pool is the focal point for outdoor entertaining.

The master suite includes its own private office. On the lower level is a 3-bed, 3-bath apartment and a 1-bed and bath apartment. All three living spaces have private balconies, separate entrances and parking. All on just under an acre of private rural grounds with ocean views. Coldwell Banker Bermuda Realty. Jack Kripl.

Tel: 705-4500. Email: jkripl@brcl.bm

Platinum Service 2% Commission Contact Sue today Email: sue@frith.bm Call/Text: 1 441 333-7067 Web: www.frithrealestatebda.com Real Estate Handbook 2020

23

BEST PROPERTIES

PAGET EXECUTIVE

SHANGRI-LA Unique 3-bedroom family home in Southampton, surrounded by lush foliage. Recently renovated and beautifully decorated. Enclosed garden room with built-in Kitchen Aide BBQ flows out to magnificent pool. State-of-the-art gourmet kitchen opens into formal dining area with sliding doors to a covered veranda with views to the ocean. Master bedroom has an ultra-modern ensuite bathroom. 2nd bedroom on this level, plus a 1-bedroom apartment downstairs. $1,395,000. The Property Group. Lisa Fraser-Smith. Tel: 705-1807. Email: lisa@tpg.bm. www.property-group.com

SOUTHDOWN FARM This recently renovated upper 2-bedroom, 2-bath condo is in move-in condition. Open plan living/dining area, large kitchen with eat in counter, master bedroom with walk in closet and ensuite bathroom, 2nd bedroom and a guest bathroom. Beautiful hardwood floors throughout. Bricked patio area for outdoor entertaining. A lovely unit to call home or rent out for a great return on investment. Available to international buyers. $620,000. Keller Williams Bermuda.

Debbie Moura. Tel: 535-1453. Email: debbie.moura@kwbermuda.com. www.kwbermuda.com 24

This charming, traditional Paget home includes a pool and BBQ area with outside dining. There are cedar accents throughout, living room with fireplace, covered porch, separate dining room with fireplace, master bedroom with newly tiled bathroom ensuite, and French doors leading out to the pool.

Two additional bedrooms with their own bathroom, kitchen, breakfast room with cedar bay window and an open beamed ceiling, plus an extremely large family room. 1-bedroom apartment. Located close to South Shore beaches. Coldwell Banker Bermuda Realty. Sole agent, Fiona Hatfield. Tel: 534 9932. Email: fhatfield@brcl.bm

FRACTIONAL SALE Limited time offer to own at the elegant Newstead Belmont Hills Golf Resort & Spa. Available to both Bermudians and NonBermudians, the 1-bedrooms have 1,100 square feet of relaxing living spaces overlooking Hamilton Harbour, with resort amenities including Belmont Hills Golf Club, delightful dining options, spa and salon services, fitness and tennis centre, and private water ferry to Hamilton. Kim Sheen Properties. Email: kim@kimsheenproperties.bm. Tel: 734-1264. www.kimsheenproperties.bm Real Estate Handbook 2020

LEGAL ADVICE

The joint ownership conundrum

By Keiva Maronie-Durham, director, Amicus Law Chambers Ltd. he excitement of buying a home can be contagious and the question of what happens to the property upon death is typically far from our minds.

Nevertheless, this issue is important and should be considered from the very beginning when deciding to purchase a property together. So what are the options?

T

Unequal contributions to purchase price Where the purchasers are advancing different sums of money toward the purchase of a property, they may wish to preserve their interests by owning as tenants in common in unequal shares. This will often be the case for business partners or unmarried couples who are making different capital contributions and do not want the other party to inherit their share.

Blended families For spouses with children from previous

Joint tenancy This is also known as the right of survivorship. If the buyers choose to coown the property as joint tenants, each of them will have an equal interest in the whole property: This applies even when the parties contribute different amounts to the purchase price, mortgage, or maintenance of the property (with certain exceptions, of course).

Tenancy in common With tenancy in common, all co-owners have equal rights to possess the whole of the property, i.e., each will own a specified share (or value) of it. These shares do not have to be equal. The specified portions are usually outlined in the deed of transfer.

The difference between the two is that, on the death of a joint tenant, the property will automatically pass to the remaining joint tenant(s) regardless of any express provision to the contrary, i.e., the right of survivorship.

With a tenancy in common, however, a deceased’s interest will not pass automatically to the remaining property owner(s). Instead, the deceased’s share will be determined by his or her will, or in the absence of a will, in accordance with the rules of intestacy.

Each method of ownership has its pros and cons and the best method for you will depend on your individual circumstances.

relationships, tenancy in common may be preferable in order to ensure that the children inherit their parent’s share of the property, rather than it passing by survivorship to the new spouse.

Keiva Maronie-Durham is a director of Amicus Law Chambers Ltd. kmdurham@ amicuslaw.bm Tel: 292-2308, This column is for general guidance only.

It should not be used as a substitute for professional legal advice. Before proceeding with any matters discussed here, please consult an attorney.

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Married couples Married couples often elect for joint tenancy, as they typically want their share to pass to their surviving spouse when they die. A “what’s mine is yours� view is common here. In the event of separation, the joint tenancy can always be severed and converted into a tenancy in common.

Real Estate Handbook 2020

Tel: 292.2308 Email: kmdurham@amicuslaw.bm

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25

BUYING AND SELLING Susan Frith

Frith Real Estate Introduces

2% Commission Rate Sue Frith, president, Frith Real Estate Bermuda, says there’s a better way to buy and sell real estate ave you ever thought to yourself, 5% of the purchase price is a lot to pay in real estate commission?

So have I. Times have changed. Buyers no longer have to set up a meeting with an

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

and buyers still paying 5% commission on transactions? The UK abandoned this practice long ago; there, sellers pay 1% to 2% commission, and buyers mostly go directly to the listing agent.

Enter Frith Real Estate to the Bermuda scene. Sellers pay a 2% commission, and buyers who go directly to Frith Real Estate enjoy lower overall commissions on their purchase. If buyers want to hire their own agent, they can do so through a buyer agreement, and that agent will work for them. In the traditional system currently prevalent in Bermuda, if you work with a buyer agent, that agent is paid for by the seller and therefore legally represents the seller’s interest.

Let’s make the real estate process work better for buyers and sellers, with transparency about who is representing your interests and who is not; and no artificially high commission rates. How can you participate? If you are a seller, contact Frith Real Estate about listing your property and saving up to 60% on commission. If you are a buyer, check out our listings at frithrealestatebda.com, and contact us about viewing these special properties.

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Real Estate Handbook 2020

HOME IMPROVEMENT

Home Improvement Made Easy f you are looking for a onestop shop when it comes to home renovations, then Hasco Home is your full-service home improvement design studio. It designs, supplies, and installs everything you need for your renovation or new build project. Hasco Home’s designers bring your kitchen or bathroom project to life on a large-screen TV and guide you through the process of your renovation. The designers first listen to what you want and then help you to select colors and styles that best suit your lifestyle. Hasco Home also offers free measuring

I

service and complementary designs. When you work with Hasco Home, you get more than just the designers’ expertise: You also get the expertise of its sister company, Hasco Construction. The Hasco Construction team is a group of experienced tradesmen in every area of construction, and it can help you complete your renovation on time and on budget. The Hasco Group of Companies

also offer project management services. It can manage your job from start to finish creating a project binder to guide installers through your renovation. Additionally, it has an importing business, Hasco Imports, so that customers can shop online from any U.S. retailer. Hasco Imports provides shipping services for those unique hard to get items – and it can coordinate it all. The Hasco Group of companies is your complete one-stop shop for your next home improvement project. www.hascohome.bm.

Tel: 238-0198 or 238-2862.

Why choosing the right a/c is so important George Skinner of Efficiency Limited/EFF-Tech looks at the issues to be considered when purchasing air-conditioning systems hether installing new, replacing, or upgrading existing air-conditioning systems, here’s what you should look at.

W

HIGH ENERGY COSTS Bermuda has high electrical costs. When selecting a system, you should be prepared to pay a little more for a system that has high seasonal energy efficiency rates (SEER) and are Energy Star rated. Many systems sold in Bermuda do not have printed SEER rates and are not Energy Star rated. Systems without these listings generally lead to higher operating costs.

SPARE PARTS Bermuda is an isolated Island, so the comfort of dealing with a local company that stocks equipment and spare parts that are supported from the United States is important. Imagine experiencing a system failure in August and being told there is a six- to eight-week delivery on a part from Asia.

WARRANTY Warranty is important and Real Estate Handbook 2020

should form part of the decision of which system is right for you. As a purchaser of a new system that will last 10 to 12 years, ascertain the period of the comprehensive labour and material warranty as well as any add-on material replacement warranty.

Under certain circumstances, Mitsubishi offers a 10-year replacement parts warranty.

RELIABILITY Bermuda experiences a harsh and corrosive outdoor environment. Base your final decision on products that are proven here and beware of new products with unsubstantiated promises and limited warranties.

ENVIRONMENT Bermuda has unique cooling requirements. Our ambient temperatures are high during our peak cooling months of July, August, and September but relatively cool and humid during May, June, October, and November. Your system should be designed

to meet the specific cooling requirements of the space you are air-conditioning. Too large a system leads to higher than desired relative humidity levels during the shoulder months and too small a system leads to insufficient cooling during the peak cooling months.

A PROVEN PRODUCT Mitsubishi Electric airconditioning systems distributed by Eff-Tech and Efficiency have been continuously sold and supported in Bermuda since 1987. The new systems now provided by Mitsubishi are designed and manufactured using high standards and are proven to withstand Bermuda’s harsh environment.

Mitsubishi systems have Energy Star ratings and have high SEER. Equipment and parts are stocked in Bermuda and supported from Mitsubishi’s US headquarters based in Suwanee, Georgia. www.efficiency.bm; www.efftech.bm

Is your home

bugged? ost people do not think about pests until they see the problem. Whether you’re buying, renting, building, or adding on, you should be constantly taking action to prevent bugs from invading.

Termites, from a cost factor, should be your first concern.

Is there new lumber in the property, adding a wooden deck or pergola, installing cabinets or shelving, working on the roof or wooden flooring? If it’s wood — and that includes furniture — it can be termite food, so call the experts at Bermuda Pest Control to help you develop a termite prevention plan.

Rats and mice can squeeze through very small openings.

Check that all masonry work is finished, closing off holes around exterior access points such as those made by air-conditioners, plumbing, electric, gas lines, telephone, and cable.

Make certain your dryer vent has a cover outside. Caulking is your friend. Cockroaches thrive in cracks and crevices; ants will find any opportunity to crawl behind bathroom vanity cabinets, tile, and fixtures. Shower stalls, tubs, sinks, and toilets should all be properly caulked.

Ants and cockroaches love Bermuda stone. Ants can live on and inside Bermuda stone. Keep this in mind when considering unfinished Bermuda stone.

Try to keep flowering plants and vines from growing onto your house, as they are a bridge for pests from their home into yours. Brick walkways, patio stones, and pavers should be treated regularly.

If anything is “bugging” you, call the experts at Bermuda Pest Control. Tel: 236-1823. www.bermudapestoncontrol.com.

M

27

EXPERT ADVICE

Building, Interior Design, Decorating Services & Furniture Stores Almeida’s Landscaping Ltd Jose (Joey) Almeida 734-9383 Anslie’s Interior Décor Lucinda Laws 236-9993

almeidaslandscaping@gmail.com infoanslies@northrock.bm

www.ansliesdecorbermuda.com

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

jill@bate.bm

www.bate.bm

236-7880

Bone Chillin BIGSavingsZone.com Dreams Efficiency Limited Evergreen Landscaping Fine WoodWorking Ltd Furniture Walk GL Construction Gotcha Covered Hamma Galleries HASCO Home HVAC Shack Island Glass LifeStyle Furniture OBM International Pimentel Pools Renew Ltd Ross Painting Rowe Spurling Paint Company

707-4887 297-4440 293-7326 293-4487 293-8817 734-9383 292-5209 296-1616 Katherine Fisher 238-2628/232-2628 292-8500 Lynn Hassell 238-0198 Wayne Clapham 747-7627 Paul Martin, General Manager 295-5134 Ben Wilson 261-7327 Architecture & Interior Design 278-3550 Manuel Pimentel 534-9906 Cory Powell 238-3639 Michael Ross 337-1168 Karolina DeCosta 292-7770

bonechillin2019@gmail.com ben@bigsavingszone.com info@dreams.bm gskinner@efficiency.bm evergreen@northrock.bm finewoodworking@northrock.bm chrismayne@furniturewalk.bm glconstruction@northrock.bm info@gotchacovered.bm info@hamma.bm home@hasco.bm hvacshack@coldsnapservices.com sales@islandglass.bm info@lifestylefurniture.bm bermuda@obmi.com evergreen@northrock.bm renew@northrock.bm mrosspainting@gmail.com row@northrock.bm

Lawyers Amicus Law Chambers Ltd MJM Ltd Moniz & George Trott & Duncan

Keiva Maronie-Durham Denis de Frias Kevin M George

292-2308 292-1345 295-8607

kmdurham@amicuslaw.bm ddefrias@mjm.bm kgeorge@mglaw.bm

www.mjm.bm

Perry Trott

295-7444

ptrott@td.bm

www.td.bm

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

info@butterfieldgroup.com

www.butterfieldgroup.com www.hsbc.bm

Cesa Edwards Brian Madeiros Sue Frith Jack Kripl Sue Lusher Albert Moura Kim Sheen Heather McInnis Buddy Rego Brittany Archer Sally Ann Smith

232-2769 292-1792 333-7067 705-4500 333-9138 236-0737 734-1264 737-5753 292-3921 505-1466 535-4521

cesa@bermudalongtail.com bmadeiros@brcl.bm sue@frith.bm jkripl@jw.bm sue@joylusher.com albert.moura@kwbermuda.com

Real Estate Appraiser McInnis & Associates

Larry Sticca

704-0454

larry@mcinnisandassociates.com

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Jackie DeMello 234-1043/705-8821 Justin Tavares 236-1823 Karlene Kelly 299-7873 Alan Smith 424-2000 Tim Southern / Luis Martins 292-9509 Terry Corday, Sr., Pres/Owner 296-9524 Trevor Gillis 295-1811

Mortgages Butterfield HSBC Bermuda Real Estate Bermuda Longtail Real Estate Ltd Coldwell Banker Bermuda Realty Frith Real Estate Jack Kripl of Coldwell Banker Joy Lusher Real Estate Keller Williams Bermuda Kim Sheen Properties McInnis & Associates Rego Sotheby’s International Realty The Property Group Ltd

28

Terrence Bowens Ben Wilson Ben Wilson George Skinner Manuel Pimentel Jose (Joey) Almeida Chris Mayne

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Jennifer’s “I want my own piece of the rock” loan

YOUR LOAN, YOUR WAY PERSONALISED HOME LOANS FROM BUTTERFIELD Your personal financial goals are as unique as you. Your loan options should be too. That’s why Butterfield offers customised financing solutions to help you reach your goals faster.

Financing for when you’re ready to become a homeowner.

With Butterfield, it’s possible.

To discuss your lending needs, visit a Butterfield Banking Centre or contact us on 298 4799.

www.butterfieldgroup.com The Bank of N.T. Butterfield & Son Limited is licensed to conduct banking business by the Bermuda Monetary Authority. 65 Front Street, Hamilton HM12, Bermuda.