3 Bed House For Sale in Southampton - Real estate in Bermuda

HSBC Bank Bermuda

3 Bed House For Sale in Southampton

Welcome Place, Southampton
Price: $1,395,000
Interested in this property?
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Southampton, Bermuda
Property Reference:
mbh_09320 - #36422

Property Description

We are pleased to bring to market an opportunity for Bermudians, PRC holders and BOTC holders to acquire an exceptional brand-new home with a pool, elevated water views, and a private garden on Welcome Place in Southampton - even as it's being built. With an asking price of BD$1,395,000, this property represents real value to a discerning buyer in today's real estate market.

Our client is a respected and well-established Bermudian contractor. He has approved plans to construct a standalone home with a modern design., The home will feature on the lower floor an entrance foyer, open plan living/dining kitchen, office, powder room, covered dining verandah and garage, while the upper floor enjoys 3 en-suite bedrooms, full-size laundry and an upper balcony.

The home also has a private garden with a pool and generous parking on a Res 1 lot measuring 0.247 acres in Southampton. The site has already been prepared and construction will begin in August 2023 and is projected to complete at the end of Q1 2024.

We have included with this listing two photos of the last home built by the developer, which was completed earlier this year. These two new homes will be similar, though not identical, to the one shown in the photos, giving a good idea of how the finished project will look. We have also included a schematic from the approved plans for the home to illustrate how the house will be set on the lot of land. Additional schematics of the home showing the proposed elevations are available.

In addition, we have prepared a video tour of the interior of the finished home to show the quality of the finishes you can expect. And we have merged this interior tour with the view from the current site to provide a sense of the attractive views from the property.

So, if you are looking for a brand new family home in Southampton at a reasonable price point, this exciting project on Welcome Place could be the answer. By buying on a pre-construction basis, you can lock in the price today and hedge the rising cost of construction. When you sign the sales contract, you will pay a deposit which will be held in escrow and you will not be required to complete the purchase until the final Occupancy Certificate has been issued. Milestone dates in the contract protect you from excessive delays in development.

If you would like to discuss this project in more detail or to organize a site visit, please contact us to make an appointment and we will make the arrangements.

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Price: $1,395,000


Morston Financial
Buy this property for $6,902 pcm

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 7.00%, 30% deposit over a 25 year period.

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