The 10 Most Affordable Neighborhoods in Hamilton, Bermuda for First-Time Homebuyers

Discovering Affordable Neighborhoods in Hamilton, Bermuda

As a real estate expert, I’ve had the pleasure of exploring many corners of the world. One place that has always fascinated me is Hamilton, Bermuda. 🏝️ This charming city, with its pastel-colored houses and crystal-clear waters, is a dream come true for many first-time homebuyers. But let’s face it, finding an affordable home in such a paradise can be a bit of a challenge. However, don’t let that deter you! I’ve done the legwork and found the 10 most affordable neighborhoods in Hamilton, Bermuda for first-time homebuyers. So, let’s dive in! 🏊‍♂️

1. Pembroke Parish

Pembroke Parish is a great starting point. It’s close to the city center, yet it offers a peaceful environment. The median home price here is lower than in other parts of Hamilton, making it a great option for first-time buyers.

2. Devonshire Parish

Devonshire Parish is another affordable neighborhood. It’s known for its lush greenery and tranquil atmosphere. Plus, it’s just a stone’s throw away from the city center.

3. Paget Parish

Paget Parish offers a mix of residential and commercial properties. It’s a bit pricier than Pembroke and Devonshire, but still within reach for first-time homebuyers.

4. Warwick Parish

Warwick Parish is a bit further from the city center, but it’s worth considering. It offers a peaceful environment and stunning ocean views. Plus, the property prices are quite reasonable.

5. Southampton Parish

Southampton Parish is known for its beautiful beaches and golf courses. It’s a bit pricier than the previous neighborhoods, but it offers a great quality of life.

6. Sandys Parish

Sandys Parish is the westernmost part of Bermuda. It’s a bit isolated, but it offers affordable housing options and stunning natural beauty.

7. Smith’s Parish

Smith’s Parish is a quiet and peaceful neighborhood. It’s a bit further from the city center, but it offers affordable housing options.

8. St. George’s Parish

St. George’s Parish is the easternmost part of Bermuda. It’s a bit isolated, but it offers affordable housing options and a rich history.

9. Hamilton Parish

Hamilton Parish is a bit pricier than the previous neighborhoods, but it offers a great quality of life. Plus, it’s close to the city center.

10. St. David’s Island

St. David’s Island is a bit isolated, but it offers affordable housing options and stunning natural beauty.

FAQs

1. What is the average home price in Hamilton, Bermuda?

The average home price in Hamilton, Bermuda varies depending on the neighborhood. However, it’s generally more affordable than in other parts of Bermuda.

2. Is it easy to find a home in Hamilton, Bermuda?

Yes, it’s relatively easy to find a home in Hamilton, Bermuda. However, it’s important to do your research and work with a local real estate agent.

3. What is the cost of living in Hamilton, Bermuda?

The cost of living in Hamilton, Bermuda is relatively high compared to other parts of the world. However, it’s generally lower than in other parts of Bermuda.

Conclusion

Hamilton, Bermuda is a beautiful city with a lot to offer. From its charming neighborhoods to its stunning natural beauty, it’s a great place to call home. While finding an affordable home here can be a challenge, it’s definitely possible. With a bit of research and patience, you can find a home that fits your budget and lifestyle. So, don’t let the high cost of living deter you. Hamilton, Bermuda is waiting for you! 🏡

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.