The ‘America’s Cup’ Standard – Does Your Bermuda Real Estate Make The Cut?

Posted by on Dec 10, 2014 in Property Management | 0 comments

The ‘America’s Cup’ Standard – Does Your Bermuda Real Estate Make The Cut?

Bermuda’s excitement over the announcement that the island will host the America’s Cup in 2017 has been palpable. A celebratory atmosphere has spread island-wide since the official announcement on December 2, 2014. Bermuda eagerly welcomed the famed competition’s trophy, the Auld Mug, in all its gleaming, shining glory.

The jovial mood will quickly turn to determined industry as the island prepares itself for the momentous event and the streams of visitors it will bring to our shores. Demand for quality accommodation for visiting teams, their families and other individuals related to the event will increase. This elite group of yachtsmen competes for a polished, flawless trophy where only white glove treatment would suffice; they should expect nothing less from their ‘home-away-from-home’ in Bermuda!

For homeowners considering renting their property, here are some tips to prepare your home to the Auld Mug standard:

  • First impressions – Invest in ‘value-adding’ improvements in key rooms such as your kitchen and bathrooms. Quality wood or tile flooring and air conditioning systems are a must for discerning tenants. Don’t forget attractive soft and hard landscaping to enhance curb appeal.
  • Green is the new black – become more energy efficient and consider investing in solar panels, LED lighting, energy efficient appliances or simply install water heater timers to assist in reducing the high energy expenses typical in Bermuda.
  • Maintain, maintain, maintain! Create a maintenance plan and stick with it. Schedule regular maintenance like roof and wall painting, tank cleaning, air-conditioning maintenance, landscaping, pool maintenance and window and door servicing to keep your property in tip-top shape at all times.

For many landlords, property management and renting can be a daunting prospect but it is vital to accept and meet the challenge, much like Oracle Team USA will do in 2017 to defend the cup.

Masterkey Management Ltd. is poised to assist in the discerning landlord’s property management and rental needs leading up to the 2017 America’s Cup and beyond. As a member of the Real Estate Division of the Bermuda Chamber of Commerce, Masterkey had the opportunity to meet with America’s Cup Event Authority (ACEA) giving us the insight to the real estate needs that will stem from this exciting event. We will continue to keep our finger on the pulse to ensure our clients benefit. In addition, as a “boutique-style” firm, our emphasis is on the quality of service provided instead of the quantity of clients in our portfolio. We attract landlords seeking high quality property management services tailored to their personal needs; being a boutique firm allows the flexibility to do that! We are passionate about what we do and it shows in our efficient, expert and exacting approach to property management and rentals.

Join Masterkey’s winning team of satisfied clients! Contact us today for property management, rental services and tips for attaining the America’s Cup Standard for your property!

 

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