Investing British Columbia is well known for its luxury real estate investment both in Canada and worldwide, although it is a relatively small marketplace share in complete residential sales. It has the most high end properties with supreme price thanks to its second to none nature surroundings and landmarks. Those luxury home prices are keep going up because of the limitation of the quantity and increasing needs during the recent 10 years. Four areas of British Columbia, to be precise the ocean-facing Greater Vancouver, White Rock-South Surrey, Victoria, and the interior-located Kelowna, represent the major locales of lavishness real estate in the province. These areas^prev boast some of the priciest properties in Canada, with the smallest upper-end face value level ranging from $1 million in Victoria and Kelowna to $2 million in Greater Vancouver. Luxury properties in White Rock South Surrey are those valued over $1.2 million..Despite the financial downturn, unit sales of lavishness real estate in British Columbia have performed relatively well. In the four noted areas^prev of the province they were down 1.7 per cent in 2008 (based on the first seven months of the year), from the complete of 707 properties in 2007 to 695 in 2008. In some areas, such as Greater Vancouver and Victoria, sales were actually up from the year former, by 5.4 per cent and 4 per cent, individually. Luxury real estate in British Columbia accounts for a relatively small marketplace share in the overall housing marketplace. Among the provinces hubs of luxury real estate, White Rock-South Surrey has the utmost section share in complete residential sales, constituting some 14 per cent in complete sales. It is followed by the upper-end marketplace in Kelowna, which accounts for 4 per cent of complete residential. Given that the residential real estate markets of Greater Vancouver and Victoria, with the utmost population density, are much greater than those of Kelowna and White Rock-South Surrey, the shares of upper-end properties in these markets are much smaller, constituting 3 per cent of complete sales in Victoria and 2 per cent in Greater Vancouver. Interestingly, the marketplace share of upper-end properties in Greater Vancouver has increased from 1.5 per cent share in the preceding year. Yet, despite the small share in complete residential sales, the luxury real estate marketplace boasts properties with the utmost face value tag in the population. The high face value of the lavishness real estate in British Columbia is usually connected with a certain lifestyle or leisure appeal. In this sense, British Columbia boasts many ordinary beauties and the vast oceanfront available to the Pacific. This has made the province greatly attractive to homebuyers and property investors seeking lifestyle-connected vacation properties. Most demanded have been oceanfront or lakefront properties and apartments with a view and available to the waterfront. Kelowna, which is located on the Okanagan Lake, has been attractive for its leisure and leisure industry appeal. In the Greater Vancouver area, the most exclusive spots consist of Point Grey, UBC, Point Grey Road, Shaughnessy, West Vancouvers Altamont, Dundarave, and British Properties (with glamorous panoramic ocean and city views), and the waterfront. The most notable neighbourhoods in White Rock-South Surrey consist of Morgan Creek and Elgin/Chantrell. In Victoria, buyers seeking stepping down or lifestyle properties are interested to Esquimalt, Victoria West or Victoria Proper, where many properties proposite a mix of exclusive, glamorous waterfront suits. Also popular are Oak Bay, Cordova Bay, Fairfield and Ten Mile Point. In Kelowna, lakefront properties bear the utmost face value tag. The most popular glamorous neighbourhoods consist of Upper Mission, Lower Mission, Lakeview Heights, and Carrs Landing. About the Author: 相关的主题文章: