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Rental luxury sought as top executives move here for business

Desperately seeking ... a $20,000 a month rental home!

The economy can't be all that bad in Bermuda can it, if the Island's in need of more high-end executive digs?

Joy Lusher Real Estate has placed advertisements appealing for modern executive family homes with apartment and preferably water views/access/pool.

“Do you have a newly built or renovated home?,” says the ad. “We have clients seeking an unfurnished home with 4 Bedrooms, 4 baths, a great kitchen and separate apartment. Water views, a dock and mooring would be an added bonus! Willing to pay up to $20,000/month.”

If you have a home that fits this description, lucky you!

You should call Donna Bennett at Joy Lusher at 535-9909.

Ms Bennett said while there is not a big surge in demand for executive rentals, the market is definitely picking up and she is doing more property tours with people wanting to move to Bermuda for business.

She said there are currently several top executives moving to Bermuda who are looking for high-end executive rentals.

She said the kinds of luxury homes these executives are looking for are either rented well, long-term already or owner occupied.

“Maybe we can peak the interest of owners who may want to rent out their homes (at these prices),” she said.

“We don't know how long this demand will last.”

Noting it's a positive for the Bermuda economy, Ms Bennett added: “I want to try to make people coming to the Island feel as welcome as possible and find them whatever they want.” She said the type of clients looking in this price range want a specific property; It must be large, modern and upgraded throughout with a fabulous kitchen, and of course, stand-alone. Swimming pool, water views and water access are all preferable.

Executive view: Realtors are seeing demand for high-end homes like this one, the Warwick home of Michael Douglas and Catherine Zeta Jones, which was reportedly rented for $28,000 a month.

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Published October 03, 2013 at 9:00 am (Updated October 03, 2013 at 1:58 pm)

Rental luxury sought as top executives move here for business

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