Canada is a huge country - offering real estate investors with a plethora of properties and acreage on which they can turn a profit. Whether a piece of property will be used as a holiday rental, or for its collection of natural resources, investors have options throughout the country.
Canada’s tourism market is on the rise, with many locations becoming highly sought after. Mountain and waterfront properties in particular have shown a significant growth in demand, and subsequently value. Investors and developers have naturally been drawn to these properties as they look for potential places to build holiday resorts, rentals and retirement homes.
Regions of Canada that offer both summer and winter activities have the highest earning potential - especially if visitors and residents have easy access to amenities and resources. Currently attractive properties in many areas of Canada can still be had at affordable prices. As the value of the land is expected to grow steadily in the upcoming years, these properties could prove to be tremendous investments.
The makeup of Canada’s landscape offers investors a variety of land types and resources to choose from when investigating purchase options. The wide variety of land, from wealthy cities to rural countryside, provides investors with a range of prices and options to fit any budget and investment philosophy. Imbalances in supply and demand enable investors to generate high yields and strong capital appreciation, with steady increases of 5 to 10 percent seen over the past three years in many regions. Canada’s property is traditionally more affordable than comparable plots in Europe and the United States, and tourism-focused investments and rental properties have both a short and long-term projection of significant growth in the future.
Most investors in Canadian property tend to make profits by flipping land parcels, developing lots, buying infill property, renting property out or exploiting natural resources for business purposes. If the land is being used for residential, commercial or tourism development, it is vital that urban infrastructure and amenities are nearby to equip the community with appropriate resources. There must be road access and allowances for easy growth and development of new infrastructure, while allowing easy transit between communities.
Investors should also ensure that potential property investments are actually available for the envisioned projects, and not protected under environmental laws to preserve natural resources. It is imperative that investors research the land and surrounding amenities before making a purchase to ensure optimal results.
Bob Mackantire has been a wealth building consultant for over ten years. After being hurt in two stock market collapses, he decided to invest in land, and has never turned back. He believes with the unpredictable dollar the only safe haven is in commodities and land. You can visit his blog about Land For Sale tips, and buying guides on what type of land is the most valuable asset.