Vancouver is consistently and internationally publicized as one of the top ten best cities in the world to live. We are already seeing unprecedented growth and new housing construction and municipal governments that encourage high density housing. Immigration continues to increase demand for accommodation throughout the Lower Mainland - sustaining what is already such a strong market for new home buyers.
Types of Non-Residence Investment
Non-residence investors can be- living outside the province or the country and simply seeking a relatively short-term ownership
- 'assignment' purchasers who agree to buy properties while they are still under construction simply to secure their desired new home before it comes on the market amidst fierce competition from other buyers.
A REALTOR© familiar with the Lower Mainland market, financial and legal issues particular to investors and offshore owners, and with the vision to see the coming high growth areas is an invaluable resource to the non-resident owner.
Now that most good REALTOR©s have websites that give visual and factual information about available properties, information about local areas and amenities and a way to easily communicate with potential buyers throughout the world, the opportunity for non-residence investment is even greater.