Buying Property in Canada Ski Resorts?
Great info about buying Canadian property!

In terms of property investment, Canada offers so much more than large cities that have a huge commercial buzz; it also has vast and diverse rural regions that offer a wide choice to suit almost any taste and budget. With such a wide range of countryside properties to choose from, there is something that will fill a niche within almost any property portfolio.

One of the great things about Canada is that it has year round appeal and offers investors the security of a developed market whilst still allowing for considerable growth. A particularly lucrative area to consider at the moment is the ski resorts of the Canadian mountains. Ski resorts are rapidly gaining popularity and have a relatively long season from November all of the way through to June, in some cases.

Traditionally, Canada’s ski resorts have been somewhat overlooked as, until recent years, it has been so much cheaper for Europeans to make their way to French and Austrian resorts; but, with the recent influx of cheap Canadian flights, this trend may be set to change. Canadian Affair, Zoom and Air Transat are just some of the carriers that are driving this ski buy to let market in Canada and encouraging investors to take a second look.

Buying Property in Canada Ski Resorts

For those looking to tap into this growing market, the regions of Newfoundland, Prince Edward Island, Nova Scotia, New Brunswick, Quebec and Ontario should be of particular importance as they are on the East coast and, therefore, have the shortest flying times from Europe, whilst still being close to world class ski facilities.

Aside from the boom in the ski resorts, there are other parts of Canada that any potential property investor should consider before making their purchase. Edmonton in Alberta has seen an absolutely massive price increase in real estate, recently, driven largely by the booming Oil market. Last year prices rose by 15.5 percent and this is set to continue for several more years to come. Rental is also strong in this region as more professionals move to the area to take up promising careers in the Oil industry.

Similarly, Grand Prairie, also in Alberta, has benefited from the oil industry and has seen property prices grow by 20 percent in a year, making it the second largest growth area in the country for the fifth year running.

For those looking for a steadier and more solid increase, then it is worth looking at the region of Halifax in Nova Scotia, which has seen a steady increase in real estate prices of approximately 7.5 percent a year. There are plans to expand the region during 2007, with the growth of Nova Scotia College of Art bringing thousands of extra students and young families to the area.

Barrie, in Ontario, is also set to have a new fast train link to Toronto, which will mean that commuters are likely to consider the area as an alternative to the hustle and bustle of Toronto city. This is likely to drive prices upwards in the future for this once small provincial location.

Whatever you are looking for, Canadian real estate certainly can exceed any expectation that you may have developed!