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Canadian ski property: A reliable investment
Jo-ann Hodgson finds out why Canadian ski property resorts may prove a more reliable investment than those in Europe
In December 2006 European ski resorts in Germany, Italy, Switzerland and Austria were forced to delay their openings due to unseasonably warm weather, cutting short the season in which ski property owners make their money in rentals.
Canadian ski property resorts, however, are unlikely to suffer the same fate with those in British Columbia, Canada's most westerly province, for example, currently under 80 inches of dry snow.
"A property purchase in British Columbia is a wise option for investors and ski addicts alike," says Adam Godwin, Marketing Director for Dream Homes WorldWide. "British Columbia boasts the second-largest ski resort in North America with a phenomenal six month ski season. Meanwhile property prices in British Columbia are rising rapidly with nearby cities of Calgary and Edmonton seeing apartments go up in value by 38.9 per cent and 72.1 per cent respectively from 2006 to 2007. For a country where the property market is still young and inward migration on the up, not to mention Vancouver hosting the 2010 Winter Olympics, the prospects for growth are considerable."
Dream Homes Worldwide are currently marketing one- and two-bedroom Canadian ski properties in Aspens Phase III (pictured) in British Columbia. Situated 56 kilometres from Kelowna International Airport, the apartments are fitted with high quality bathrooms containing steam showers and also feature under-floor heating and a covered decking area. Just 56km from Kelowna International Airport. One-bedroom apartments start from £142,400.
And if you fancy a change from traditional skiing, there are plenty of alternative winter activities to be enjoyed throughout Canadian ski property resorts – including snow mobilling, snow tubing, dog sledging, ice fishing and ice hockey – as well as activities more suited to the summer months.
Red Leaves, a 566-hectare world-class resort community located on the shores of Lake Rosseau in region of Muskoka in Ontario offers Canadian ski property owners and holidaymakers alternative winter activities such as snowshoeing, snowmobiling, ice fishing, snow tubing and cross-country skiing as well as features such as The Rock golf course, a rare 1.6-kilometre water walkway and a 283-hectare network of year-round nature trails to be enjoyed during warmer months.
Offering studio and one-bedroom apartments under a condo-hotel arrangement, prices for Canadian ski property at Red Leaves range from £143,000 for a studio apartment to £460,000 for a one-bedroom suite plus den. All of the apartments will be part of a rental pool managed by Marriott International.
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For more information visit:
www.dreamhomesww.com
www.redleavesmuskoka.co.uk
Article first published 18 January 2008


