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Canada 2008 hosts great property investment opportunity |
| Written by David Stanley Redfern Ltd | |
| Saturday, 16 February 2008 | |
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Foreign investment in Canada is on the increase once again, attracting investors from around the globe to its established property market and to its rapidly developing tourism industry that exceeded the 20 billion USD mark last year.
“In comparison to popular European investment hot-spots, Canada still offers enticing, affordable and less expensive property. Current rental yields are hovering around the 7% mark; however, with prices currently on the rise along with its population, Canada is both highly alluring and rewarding for folk who relocate there, just as it is for professional property purchasers who might buy an apartment flat villa, lodge or chalet”. After avoiding the problems that have plagued the U.S. property market, Canada is set to maintain its rental yields as demand for property outweighs its availability and it’s widely expected that its 2008 capital growth will certainly be favourable. Over 30% of Canada’s gross domestic product (GDP) comes from exports and the low Canadian dollar that attracts such high levels of activity. Canada’s progressive economy has strengthened too, faster than most could‘ve predicted and has, over the past 15 years, outgrown almost any other from around the world with its low living costs and minimal rates of interest and inflation. Considering the sheer size of the world’s second largest country, it comes as no surprise to learn of the wide array of opportunities that are offered throughout its rural scenery and cityscapes. With a wealth of inherently stunning surroundings abundant with nature parks, historical cities, expanse lakes, ocean views and prominent mountain ranges, the overall appeal of the country is undeniable. It’s also a fact that there are over 600,000 Brits living in Canada to date. Canada hosts an undeniably healthy climate for residents and overseas investors alike, so whether you want to keep an eye on your heart or your profit margin, Canada is proven to be a great place to look after your investment. For a non-obligatory chat about any aspect of overseas property investment contact David Stanley Redfern Ltd. About David Stanley Redfern Ltd Overseas emerging market specialists, David Stanley Redfern Ltd. offer invaluable and obligation-free advice to property investors from around the globe. The knowledge and expertise of their dedicated staff ensures a smooth and stress-free buying process for all their clients and act as intermediaries for their vast network of property professionals around the world. David Stanley Redfern Ltd are members of the Association of International Property Professionals (AIPP). The AIPP has been set up to guide and to regulate the international property market and to provide quality assurance to consumers. All David Stanley Redfern Ltd. staff are fully trained and adhere to the professional guidelines set by AIPP to safeguard and reassure their clients. David Stanley Redfern Ltd HQ:82 Moorgreen, Newthorpe, Nottingham, NG16 2FB, UK.E-mail: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it (photos, media, press and editorial queries)Web: http://www.davidstanleyredfern.com/Switchboard: +44 (0) 1773 710 909Fax: +44 (0) 8717 505 312
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