January – Bermuda Restaurants Weeks, Bermuda Marathon Weekend, Bermuda Festival of the
Performing Arts
March – Bermuda International Film Festival, Grey Goose World Par 3 Championship, Bermuda Triple
Challenge, Good Friday Kitefest, Moth World Championships
April – Bermuda Agriculture Exhibition, The Town Crier Re-enactment in St. George’s Peppercorn
Ceremony, MS Amlin World Triathlon Bermuda, Hamilton’s Summertime Harbour Nights
May – Hamilton’s Summertime Harbour Nights, Antigua Bermuda Race, Bermuda Day
June – Hamilton’s Summertime Harbour Nights, Annapolis Bermuda Ocean Race, Bermuda Heroes
Weekend, Newport Bermuda Race
July – Hamilton’s Summertime Harbour Nights, Bermuda Triple Crown Billfish Championship
August – Hamilton’s Summertime Harbour Nights, Cup Match Weekend, Non-Mariner’s Water Raft Up
September – Hamilton’s Summertime Harbour Nights, Sand Sculpture Competition
October – City Food Festival
November – World Rugby Classic, Viper North American Race
December – Goodwill Golf Tournament
See links below for more information:
https://www.gotobermuda.com/
https://www.bermuda.com/things-to-do/events-calendar
For further information about events taking place in Bermuda, you can visit the Bermuda Tourism Authority website.
You get the best opportunity of watching whales in Bermuda during the spring time between March and April. This is when the humpback whales migrate from the Caribbean water zone to the north Atlantic feeding zone. The whales usually have a regular pattern of behavior and a migration route.
For further information about Whale Watching and other activities, you can also check out the Bermuda Tourism Authority website.
The resort is being converted in one go. An ocean-view pool, a beach elevator and steps down to the beach will be constructed, and elevators have been added to each of the buildings.
An ocean-view pool bar & grill, restaurant, hotel reception, spa, and gym will be constructed.
See diagram.
There will be one fully-accessible, 3-bedroom condo at Bermudiana Beach. Groundfloor Astwood #4, 1 Longtail Lane, has a lock-off that will allow two separate hotel rooms to become a fully-accessible 1 King Bedroom Grand Suite and a 1 King Bedroom Deluxe Suite. Astwood has been chosen owing to its proximity to the entrance, reception and amenities.
If a buyer wants a particular condominium to be made fully-accessible this can be considered subject to the above.
Prices start at $412,500 for studios, $459,000 for 1-bedroom, $614,000 for 2-bedrooms and $825,000 for 3-bedroom homes.
Prices will increase quarterly now until conversion of the condos and amenities is fully completed. In July 2022 prices rose by 10%. Those that wait until the hotel opens in June 2023 will buy at full market value. Early birds will however enjoy prices substantially below market value to compensate for the months when they don’t have full amenity and the development team are working on parts of the site.
HOA fees will not be charged until the hotel opens.
Non-Bermudians who buy property are not able to rent it out for short-term or holiday rentals unless it is in a specific ho tel tourism designated development. Non-Bermudians may be granted permission to rent their property on a longer term basis upon application to the Department of Immigration which is subject to a tax of 7.25%.
c. Acquisition License Fee (for overseas buyers only)
Section 3 of the Bermuda Immigration and Protection (Tourist Accommodation and Hotel Residences) Regulations 2010, allows owners the right to occupy tourism-designated property for a maximum period of 90 days in any given calendar year.
Bermudiana Beach’s condominiums are classified as hotel residences rather than as condominiums in a normal apartment building and therefore we have to comply with the above.
So, if you own at Bermudiana Beach, you, your family and your friends can use your condo for up to 90 days (3 months) each year.
You are limited to 30 day's usage in Bermudiana Beach's High Season (May through August).
Furthermore, you can't occupy your condo for more than 21 consecutive days in any calendar year.
Usage doesn't have to be on consecutive days and can be broken into as many vacations and short breaks as you like.
The other 275 days, plus any days and weeks you don't use from your usage allocation, can be made available for rent through the rental program.
These controls are in place to maximise potential rental income for the owner and hotel management company alike.
As an overseas buyer you would normally need an Acquisition License (also known as a Landholding License) in order to buy a property in Bermuda.
But at Bermudiana Beach, owing to a specific Government legislation for Bermudiana Beach , this license fee is waived provided you put your condominium into the hotel rental program.
Based on the average price of the condos at Bermudiana Beach we estimate that this results in a saving to the buyer of approximately $50,000 compared to the purchase of a traditional condominium.