We are pleased to bring to market an opportunity for Bermudians, PRC holders and BOTC holders to get in on a brand new home - before it's even built.
Our client is a respected and well-established Bermudian contractor. He has approved plans to construct a 3 bedroom, 3.5 bathroom standalone home with double porch, garage and large garden on a private Res 1 lot measuring 0.313 acres in Southampton. The project will break ground on August 1 of this year and is projected to take approximately 6 months to complete.
We have included with this listing the lot plan, the floor plan and the proposed elevations, which should give you a good idea of how the home will look. If you are interested, there are other examples of our client's work that we can also show you to give you a firm idea of how the finished project will look.
So, if you are looking for brand new family home in the Southampton area, this exciting project on Munro Lane could be the answer. And if you are concerned about the rising cost of commodities and the effect that will have on the cost of construction, we are offering an unprecedented chance to hedge these risks by purchasing today on a pre-construction basis, allowing you to lock in the price today no matter how high building costs rise. And your financial exposure will be fully protected through the purchase contract that will stipulate milestones and completion dates.
If you would like to discuss this project in more detail or to organize a site visit, just make an appointment and we will contact you to make the arrangements.
To find out more about mortgages through Morston Financial, contact us today at mortgages@morstonfinancial.com or visit our website at morstonfinancial.com
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 6.50%, 30% deposit over a 25 year period.