Making vacation home ownership a breeze

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

• A hotel condominium features key-ready hotel rooms and suites that private individuals can also buy as studios and apartments. Owners can then use these properties for personal vacations in desirable locations. They can also offer their properties for rent through rental programs when they are not in residence to earn rental income.
• Hotel condominiums are attractive to buy because of their convenience and low maintenance. While they may look like a regular professionally furnished hotel to hotel guests, the rooms and suites are individually owned as condos.
• Typically, hotel condominium resorts feature restaurants, bars, a spa and gym, a meeting space and a well-staffed reception/concierge desk.
• As a Bermudiana Beach Resort condo owner, you’ll benefit from modern, carefree ocean-front living with the opportunity to generate rental income from your condo when you’re not in residence.
• The condos are designed to function as one, two or even three-bedroom hotel suites, sleeping four, six or eight people respectively. Each condo has a  fully-equipped kitchen or well-equipped kitchenette and dining area. 
• Revenue from the nightly rental business is split between the apartment owner and the hotel management company. At Bermudiana Beach Resort, the split is 40% of Net Rental Income to the owner and 60% to the hotel management company. Out of its 60% share, the hotel management company covers all costs for hotel staff, management, marketing, utilities, insurance and common area repairs and maintenance retaining a small amount as profit. The condo owner must still pay Homeowner Association charges.
• At Bermudiana Beach Resort, owners are restricted to 90 days of usage each year with certain seasonal restrictions.
• Whenever you are not in residence, you can rent your condo out.

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.