Real Estate in Fairylands, Bermuda
Last updated on Sep 12, 2024
Summary: Expats and retirees talk about real estate in Fairylands, Bermuda? How do you find a home in Fairylands? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Fairylands?
"Expat homes in Fairylands, are typically luxurious and spacious, reflecting the high standard of living in the area. They often feature multiple bedrooms and bathrooms, with large living areas and fully equipped kitchens. Many homes have stunning views of the ocean and are surrounded by lush tropical gardens. The architecture often reflects Bermuda's British colonial history, with white-washed walls and roofs designed to collect rainwater. Inside, the homes are usually furnished in a comfortable, modern style, with air conditioning to combat the tropical heat. Many properties also have private swimming pools and outdoor entertaining areas. Despite the high cost of living, these homes offer a high level of comfort and convenience, making them popular with expats," said one expat who made the move to Fairylands.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
What is the average cost of housing in Fairylands?
If you are thinking about moving to Fairylands, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Fairylands is quite high compared to other regions due to its prime location and exclusivity. It is common for homes in this area to cost several million dollars, with some even reaching into the tens of millions," remarked one member in Fairylands.
Should I buy or rent a home in Fairylands?
If you have not spent a lot of time in Fairylands, 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 Fairylands depends on several factors, such as your financial situation, long-term plans, and the current real estate market. If you have a stable income, plan to stay in the area for a significant amount of time, and can afford the upfront costs of purchasing a home, buying may be a good investment. On the other hand, if you prefer flexibility, are unsure about your long-term plans, or cannot afford the costs associated with homeownership, renting may be a more suitable option. Additionally, it is essential to research the local real estate market and consult with a real estate professional to make an informed decision," said one expat in Fairylands.
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.