Friday, February 7, 2014

International Buyers – Considering buying an Island Property? Property in Bermuda!

Property in Bermuda for International Buyers, who are considering buying an Island Property.

If you are thinking of buying in Bermuda then this is the time to take advantage of the lowest license fees in many years. In April 2013 the newly elected Bermuda Government reduced license fees on Non Bermudian House purchases from 25% to 8%. They will retain levels until October of this year, 2014

Considering that current house prices are as high as $45,000,000 this can represent a significant saving on investment.

Starting at $3,200,000 there are approximately 30 substantial residences available to Non Bermudian Buyers some of these rest in large acreages of land and afford residential opportunities to those who have the desire and means to purchase a separate island or create a private family estate. 

During the past 15 years Bermuda Real Estate has started to evolve into a more competitive product on the world stage. The old WASP vacation beach homes are being restyled either entirely or in part by teams of interior designers and architects into luxurious secluded homes. 

Bermuda’s large historic character filled homes are being sold and modernized, re-purposed to suit contemporary lifestyles.

Representative of this type of property is Soncy
The Old Manor House in Soncy Bay, Point Shares.

Picture of Soncy with pool

This home already has 4 bedrooms, 3 stately reception rooms plus a large kitchen and sun room, a wrap-around porch, swimming pool, direct water access, moorings, a boat house apartment and a separate nanny suite. Soncy is available to international buyers at $6,900,000.

Picture of Soncy Bay BermudaLocated only minutes from the City of Hamilton, this private estate offers a magnificent secure waterfront home that can be updated to your taste and redeveloped in style.

 


For more information on Soncy or any other properties in Bermuda please contact Sharon Cranfield of Cranfields Property Bermuda Ltd  www.bda4sale.com 
tel: +1 441 305 8074 or email : sharon@bda4sale.com.  
We welcome the opportunity to show Bermuda’s properties to you.