Real Estate in Tucker's Town, Bermuda
Last updated on Jun 10, 2024
Summary: Expats and retirees talk about real estate in Tucker's Town, Bermuda? How do you find a home in Tucker's Town? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Tucker's Town?
"A typical expat home in Tucker's Town, is a luxurious and spacious property, often with a stunning view of the ocean. These homes are usually designed in the traditional Bermudian style, with pastel-colored exteriors, white stepped roofs, and large, shuttered windows. The interiors are often modern and well-appointed, with high-end appliances, spacious living areas, and multiple bedrooms and bathrooms. Many homes also feature outdoor living spaces, such as patios, pools, and gardens, taking advantage of the island's warm, sunny climate. Some properties may also have private beach access or a boat dock. Despite the high level of luxury, these homes often maintain a relaxed, beachy vibe that reflects the laid-back lifestyle of Bermuda," said one person in Tucker's Town.
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
What is the average cost of housing in Tucker's Town?
If you are thinking about moving to Tucker's Town, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Tucker's Town is quite high due to its status as a luxury residential area. It is common for homes in this area to cost several million dollars, with some properties even reaching into the tens of millions. The exact average can fluctuate based on the current real estate market, but it is generally considered one of the most expensive areas in Bermuda," remarked one member in Tucker's Town.
Should I buy or rent a home in Tucker's Town?
If you have not spent a lot of time in Tucker's Town, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Tucker's Town depends on several factors, such as your financial situation, long-term plans, and personal preferences. If you have the financial means and plan to stay in Bermuda for an extended period, buying a home in Tucker's Town could be a good investment. Owning a property allows you to build equity, customize your living space, and potentially benefit from the appreciation of property values over time. Additionally, Tucker's Town is known for its luxury properties and exclusive community, which could make it an attractive location for potential buyers. On the other hand, if you are unsure about your long-term plans or prefer not to commit to a large financial investment, renting a home in Tucker's Town may be a more suitable option. Renting provides flexibility, as you can easily move if your circumstances change or if you decide to explore a different area of Bermuda. Renting also allows you to avoid the responsibilities and costs associated with homeownership, such as property taxes, maintenance, and insurance. Ultimately, the choice between buying and renting a home in Tucker's Town, Bermuda, will depend on your individual circumstances and preferences. It is essential to carefully consider your financial situation, long-term goals, and lifestyle before making a decision," said one expat in Tucker's Town.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.