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3 Great Reasons to Buy a Condo in Bermuda

Written by Bermudiana Beach Resort

11 | 11 | 22

Dream Destination  |  
4 minute read

So, you’re at the stage in your life when buying your dream condo has become a reality and you’re ready to live the dreamy condo lifestyle. Well, have you considered Bermuda? If you haven’t, you’ve been doing it all wrong. Usually, when people think of condos they tend to think of the Bahamas, the Cayman Isles and the Caribbean, but we believe that Bermuda trumps them all.

 

We’ve put together three top reasons to buy a condo in Bermuda. Trust us, it’s the perfect location and has everything you could ever need and more.

  1. It’s the Perfect Escape from the Big City
  2. There’s an Amazing Sense of Community
  3. Condos are Cheaper than Houses

1. It’s the Perfect Escape from the Big City

The hustle and bustle of the big city can get too much for anybody after a while. Well, you won’t find any kind of hustle and bustle in Bermuda. The quaint, sophisticated island is the perfect time travel experience and the ideal way to free yourself from the thoughts of everyday life. How can anybody be stressed when relaxing on one of Bermuda’s beautiful pink sand beaches?

Wake up from an amazing night’s sleep, draw back the curtains and simply admire that perfect ocean view. Watch the various native wildlife pass by and take in the tranquillity of the calm waters. It’s so easy to lose track of time because of just how relaxed you are.

Once you’ve managed to drag yourself away from the stunning views, there’s plenty to see and do in Bermuda. Whether it’s adrenaline-fuelled activities like cycling or water sports or sampling the local history in St Georges, you’ll never get bored of this place. Hamilton is home to the Royal Naval Dockyard which is a must see for any history lover.

If adrenaline-fuelled sports aren’t your favored way of taking your mind off the stress of work and everything back home, then head to Horseshoe Bay Beach. This picturesque beach has amazing pink sand and is said to be one of the top 10 beaches in the world. Relax on a sun lounger and watch the day go by without a care in the world, or head here for one of the most impressive sundowns that you’ll never get tired of seeing. Bermuda really is the perfect place to forget about the rush of the big city.

2. There’s an Amazing Sense of Community

Condos in Bermuda offer a sense of community like no other. There’s a reason you’ll never hear a bad word said about a Bermudian - the locals will make you feel right at home from day one. The culture is amazing. It’s so laid back and everybody has time for everyone; it’s a lovely way of living.

In condos, you’ll live in close proximity to your neighbours and community is one of the highest priorities. Neighbors come together and organize plenty of different social events. Whether it’s a welcoming party or a communal barbecue out in the condominium courtyard, you’re always welcome to go along and enjoy the night with your new neighbors.

In some cases, the community looks after the condominium, as opposed to it being privately owned. In this case, as a community, you’ll all take control of the whole condominium and will all have your say in the decisions that they make about important issues, for example, maintenance. This can sometimes cause friction between a community if not everybody agrees, but more often than not it’s quickly resolved as a unit and everybody tends to leave happy.

As a community, you’ll all share the communal amenities that are on-site. From the swimming pool and tennis courts to a private spa club, you’ll get to know your neighbors in many different ways and will form a bond with them that may last a lifetime.

Bermudians are so friendly, so there’s never any awkwardness or selfishness when it comes to using the facilities. Everybody pays their own way to it, therefore everybody has an equal right to using them. Bermudian communities are like no other and are a major part of what makes this island as stunning as it is.

3. Condos are Cheaper than Houses

The third great reason to buy a condo in Bermuda is that they’re so much cheaper than buying a house or apartment.

First of all, when you’re buying a condo, you’re going to need to pay a license fee which, for a condo, is eight percent of the total price. Whereas, if you were looking to buy a grand, family home, you’d be faced with having to stump up 12.5 percent. And as houses are far more expensive than condos, that’s a huge difference.

The average house price in Bermuda is 1.6 million USD, whereas the average price for a condo is 550,000 USD. As you can see, condos are far cheaper, plus you gain access to all the great amenities on-site too that wouldn’t be there in your own home and you’d have to fork out extra for.

Be Sure About Your Condo

Buying a condo is a huge commitment and it’s not a decision that you should be taking lightly. Not only is it a huge financial commitment, but it’s a big cultural decision too. It has to be perfect, otherwise you won’t feel the full benefit of that perfect, dream condo lifestyle that you’ve always longed for.

To aid your decision, we’ve created a condo buying guide that will help you make sure that your condo is the perfect choice. Download it below for free and make a start to owning your very own dream condo.

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