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Portsmouth Real Estate ownership.
Portsmouth Real Estate   Portsmouth, located in Newport County is one of three communities on Aquidneck Island. This fast growing town has a highly skilled, highly educated population of about 17,000 people, 70+% of whom live in single family houses.

Surrounded on three sides by water, temperatures are moderated year round by ocean breezes and the 132 sq.mi. Narragansett Bay.

Established in 1638 by Anne Hutchinson, Portsmouth became the first town in the nation established by a woman, and, according to many, was the first true democracy in America. The Portsmouth Compact of 1638 is the first authentic guarantee of civil and religious freedom in the new world.

The Portsmouth public school system may be the best in the State (ranked 2nd in 1997). If you prefer a private education for your child, the Portsmouth Abbey, St. Philomena's, and the Pennfield School provide excellent alternatives.

Portsmouth's Fiscal Year 2000 tax rate of $21.51 per $1,000 of full assessed value for all types of property is the 7th lowest in the State. Revaluation was completed in 1998. Portsmouth does not tax business at a higher rate. Their Enterprise Zone Program provides terrific tax benefits for businesses building new, renovating or expanding.

Major Portsmouth industries on Aquidneck Island include: Oceanography, underwater systems development, navigational equipment, advanced thermoplastic composites, programmers, small boat, sailboat, luxury yacht and ship building, marinas, tourism, printing, awards, and 4,000 acres of farms. A wide variety of skills exists in Portsmouth and adjacent towns. An impressive community of management, engineers and scientists has grown around Naval Undersea Warfare Center and Raytheon, including many small consulting firms. 70% of Rhode Island's software industry is on Aquidneck Island. While Portsmouth tends to be home to the more highly skilled, a substantial population with a full range of skills lives within a 10 mile radius.

Many people say Portsmouth is one of the most beautiful towns in New England. Wherever you do not see the Bay (they have 56 miles of shoreline), chances are you overlook a farm or pasture. Portsmouth has one of the most progressive farm preservation programs in New England. Isn’t this the kind of place where you would like to live and work?

In a competitive world which demands excellence in its workforce, in its quality of life, in its educational system for our young, and in its ability to be at the forefront of technological change, Portsmouth shines.

Portsmouth is easy to get to by land, sea or air, and is just a stone’s throw from all the major business centers, activities and attractions in New England. Winter skiing is just two hours to the north, Cape Cod an hour east, historic Newport a few minutes south, beaches and sailing in Portsmouth's back yard. At which of Portsmouth's 5 marinas would you like to moor your yacht? (Perhaps you would prefer to use the new $3/4 million Portsmouth boat launch, or use one of the over 1,000 private moorings.)

Portsmouth is centrally located on the eastern seaboard between the major metropolitan areas of New York and Boston. 1.3 million people live within 25 miles; 3.3 million within 50 miles. More than 65% of New England’s population lives within a 75 mile radius. 80 million people with a combined income of $1.6 trillion live within a 500 mile radius.

Portsmouth Real Estate Areas of Interest 

  • Naval Undersea Warfare Center
  • Private Schools
  • Narragansett Bay
  • Beaches
  • Newport
  • Rhode Island School of Design
  • Johnson and Whales University
  • Rhode Island College
  • Bryant College
  • Nantucket
  • Martha's Vineyard
  • Westport
  • The Elizabeth Islands
  • Woods Hole
  • The Cape Cod Canal
  • Sandwich
  • Provincetown
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