Is Vancouver’s Real Estate Market Really In Free Fall?

Who wouldn’t want to invest in Vancouver? It’s beautiful and there are many beautiful homes to snap up; however, there has been a lot of talk about falling house prices. That’s always a concern when you own property, especially if it’s a rental or investment property. Even when it’s your family home, you can owe more than you originally bought it for. It’s a nightmare and something which many Vancouver homeowners are concerned about. So, is the real estate market in free fall?

Understanding the Average House Prices

A lot of newspapers have been talking about how the bottom is falling out of the Vancouver real estate market and if you look at the figures it does seem that way. However, while there has been a slight drop in the average house price, it isn’t as shocking as you might think. Yes, there has been a downturn in the market of late but if you actually look at the homes behind the headlines, it’s the ones worth millions of dollars. Estimations for standard family homes are pretty steady at the moment so it’s not time to panic, as yet anyway.

Traditional three or four-family homes worth a few hundred thousand dollars aren’t suddenly losing their value. Of course, if your home was worth $5 million then you have some cause for alarm. Generally, you can invest in Vancouver real estate and make a tidy profit – if you buy wisely.

Changing of the Vancouver Real Estate Market

There’s no denying that real estate can fluctuate as much as any stock or investment piece. It’s a gamble to buy a home, even when the market is pretty steady. You never know when the economy is going to nose-dive and leave you with a home that’s worth half of what you paid for it. It’s a major risk of life and one that’s often unexpected. Fortunately, if you do your homework before you buy, you can invest in Vancouver and see a nice return. Of course, nothing is guaranteed but it does help to know the market. Sometimes, buying in an up-and-coming area helps, especially if you’re buying a family or forever home. More details!

Taking the Gamble Is More about the Property You Buy

Investing in property can be a smart idea but you do have to be extremely careful. You need to understand the current state of the market and whether the home you buy is worth what you pay. For instance, a $1 million mansion in an upscale part of Vancouver might seem nice but will you be able to see a profit the way the market stands? Or, would you be more likely to see a safe return on a smaller family home in another nice area of Vancouver? The Vancouver real estate market is buoyant, somewhat, but prices on the higher-value properties are decreasing.

Watch the Markets Closely

Unless you own a $5 million home, it’s unlikely the slight decrease in house prices will affect you. Of course, that doesn’t mean a dip in the market won’t impact you at some stage. As said, the real estate market can change in an instance and you need to stay alert to that possibility. The market isn’t in free fall yet but anything can change. If you want to invest in Vancouver real estate you have to approach any property with caution. To find out more, check out https://www.prudentialgrandvalley.com/who-is-buying-vancouver-real-estate/

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Who is buying Vancouver Real estate?

When looking at the current Vancouver real estate, you may be left with the question with who these days have the money to buy housing in the city. In this article we will cover just who is able to purchase real estate in Vancouver.

Foreign home owners

In recent reports conducted in the Vancouver area it has been discovered that the majority of home-owners in Vancouver are not actually residents there. The type of property often owned by non-residents tends to be condos, with the percentage of condos owned by non-residents being 30.4% higher than that of residents. However, the condos owned by non-residents often come at a higher price, 25.6% to be exact. There has also been a rise in Hong Kong buyers due to uncertain political stability in their country. More details!

New ways to buy

Due to high property prices in the Vancouver area people have been adapting and figuring out new ways to get onto the real estate property ladder. One of the ways that they have done this is by co-ownership of the property. This is when two or more people pool together their resources and purchase the property together. This can become difficult later on when they are trying to figure out who is entitled to what depending on how much each has paid, but in the meantime it get them onto the property ladder. This is normally done by either: each person gets a private suite or each one gets a bedroom and the common areas such as the kitchen, bathroom and living room are shared between all of them. This situation can get even more complicated if there are renovations needed to the property which could lead to conflict as to how to split the renovation costs. It is for this reason that it is advised that in this situation that both parties have a lawyer to help them through this process to avoid any unresolveable problems in the future.

Big earners

A study was concluded to determine just how much a person would need to make in order to be able to afford a house in different neighborhoods, and the results were shocking. In at least five of the neighborhoods in Vancouver the amount needed to purchase a property was over 100,000 USD more than the average household was making. This leaves a big gap for high earners to come in and purchase all of the property that the average household cannot afford. This leads to big earners owning more than the average family, such as a West end condo or a downtown one.

In conclusion, the majority of property in Vancouver is being purchased by either big earners or by non-residents buyers. However, this is down to the fact that Vancouver real estate is a very attractive investment for all. For more details, visit: https://en.wikipedia.org/wiki/Vancouver

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Citizenship by investment in Saint Lucia

There are many reasons as to why citizenship in Saint Lucia is attractive, and it can be easy to get by just as little as investing in a St Lucia villa. Based on your needs and situation, it could be the right step for you. In this article we will have a look at what it is, what the benefits are and how you can do it via investment.

Saint Lucia

Saint Lucia is a breathtaking island based in the eastern part of the Caribbean that is full of five star resorts, volcanic beaches and fishing villages. It is the perfect location for an island escape, weather that be for just you and your loved one or a whole family escape to relax and have fun. Saint Lucia has something to offer to everyone.

Benefits of nationality from Saint Lucia

In the current climate many people are now looking to the attractive option of gaining a second nationality, and Saint Lucia is a very attractive option to somebody looking to do so. Some of the benefits, to list just a few are the following: visa free travel to over 120 countries which include all of the carribean islands alongside with other countries in the common wealth.Tax advantages, which mean that you don’t pay taxes on worldwide income. Educational opportunities for your family, and alongside this there are no educational requirements for acceptance into educational programs. Security of living and working in a peaceful and politically stable country, so you no longer have to worry about you and your family in the future. Last, but by no means least, citizenship in Saint Lucia is forever, this means that once your passport is approved, that it is valid for a lifetime and can be passed onto your children and then onto theirs and so on and so on. Click here!

How to get nationality in Saint Lucia via investment

To be able to apply for citizenship in Saint Lucia you need to meet the following requirements: you need to already have a nationality, you must have a valid passport, all applicants and their dependants must not hold a criminal record, both applicants and their dependants must pass a medical examination, it is the responsibility of the main applicant to make the financial donation in real estate or to the National Economic Fund, children and dependants under 25 can be considered under the main applicants application – those over 25 have to make their own application, and for dependants over the age of 65 they can be considered on the application of the main applicant. The donation amount that you have to make depends on the application. A simple application for just one applicant would only have to be 100,000 USD invested in a property such as a St Lucia villa, whereas one for a couple would be 165,000 USD, for a family of four it would be 190,000 USD and from there on it would be an additional 25,000 USD for every extra dependant.

In conclusion, even though the first investment is high, getting citizenship in Saint Lucia is very quick and easy for you and your family, and you would be promised a safe haven for both you and your family in the future by doing so and not to mention you would have your own St Lucia villa to boot. Check out this site: https://ezinearticles.com/?St-Lucia-Real-Estate-Tips:-3-Great-Locations-to-Buy-an-Investment-Property&id=7810199

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10 best reasons why St Lucia is the perfect Caribbean island

Saint Lucia is a Lesser Antillean island in the Caribbean, close to Martinique, Saint Vincent and the Grenadines and Barbados. Its first occupants were the Aruaque Indians, who were conquered, even before the arrival of the Europeans, by the Caribbean Indians who settled there.

Why choose St. Lucia as your next destination in the Caribbean?

  • it is not on the hurricane route;
  • hotel and gastronomy prices are lower than in Turks & Caicos or St. Barths, but with the same quality and service;
  • great pricing overall
  • cozy feeling in amazing St Lucia Villas for rent
  • amazing infrastructure
  • excellent destination for honeymoon and wedding;
  • great destination to see whales and sea turtles;
  • culture of well-being.
  • Unique cuisine
  • Easy Access

From the middle of the seventeenth century, French settlers settled on the island, and their possession began to be disputed between France and Britain, with the British eventually winning in 1814. Their independence came in 1979 and is now part of the Commonwealth.

Why pick theSt Lucia Villas to spend your vacation at?

The airport of Saint Lucia is small and simple, really easy to identify what to do and where to go. Brazilians do not need a visa or pay admission fee in the country, but if you are coming from Miami, you will need the American visa for the connection. It will be very easy to access St Lucia Villa Rental through the airport; no hassle at all.It is possible to exchange the Saint Lucia dollar at the airport, although there are banks in Castries that may have more favorable exchange rates. Those who do not want to exchange currency can use the US dollar or credit card.

What to buy in St. Lucia?

The famous banana ketchup, made with banana, vinegar, spices and fresh garlic is a truly unique item of St. Lucia that can be eaten with fish, meats and fries. You will also enjoy the beautiful art by the natives.

The tourism is big atSt Lucia Villas

The two pillars of the island’s economy are agronomy and tourism. As a volcanic island, the products of Saint Lucia have a marked flavor, the main ones; of greater prominence are cacao, vanilla and banana. If visiting in the lobster fishing season, get ready for a must-see treat! The island produces some of the most sought after chocolates in the world and is so present in the culture of Santa Lucia that, in addition to walks to visit cacao plantations, tastings and massages using chocolate, the entire month of August dedicated to him. More details here: https://www.prudentialgrandvalley.com/how-to-get-the-best-rental-for-your-needs/

Why pick theSt Lucia Villas?

The St Lucia Villas is the type of eclectic destination that welcomes many types of visitors and is prepared to meet the most different needs. Unlike some islands, St. Lucia offers many activities that can be done during the stay. The country’s postcard, the Pitons Mountains, provide a range of outdoor activities such as hiking trails, waterfalls, rock climbing, horseback riding, mud pool and hot springs, snorkeling and basic to advanced level diving, zip lines and boating, and you might find everything at single St Lucia Villa Rental!

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How to get the best St Lucia villa rental for your needs

If you are planning to rent a property, you need to consider a number of items before closing any deal, especially if your goal is to find an option with a more affordable price in St Lucia Villa Rental. Remember that the price says a lot about the apartment or house itself, however much of the value of the rent is determined by other factors.

Want to know how to find a property with a fair, affordable rental value that allows you to save and not get off the budget? We give all the tips here:

Pay attention to location

Houses and apartments in central or noble areas of the city tend to be more valued and therefore with the rental price less in account. So maybe you really have to focus on regions that are a little further away. However, be careful: depending on where you choose, transportation costs can increase in a proportion that can make the cheap get expensive.

Check carefully the conditions of the property

It is essential to visit the property that you intend to rent. At this point, be sure to pay attention to the smallest details. Check for cracks in the walls as well as possible leaks. Keep an eye on the paint, broken tiles in the kitchen or bathroom. Even if the price and location are wonderful, if the conditions of the property are very bad it may not be worth it. Imagine just having to go through work while you live in the house? Don’t just keep the property in mind you want to also look at the agent as they smart looking?

If you need to do some small work, talk to the landlord so that this is written down in the rent as an improvement. Learn more.

Please note the value of the condo

Renting a small property may even be cheap, but if the condo offers many advantages it can present a high value. In this way, spending on housing can be high. Therefore, when seeking affordable rental value, make sure the condo also caters to your purchasing power in St Lucia Villas.

Contact the Owner

Having a real estate makes the business something more professional, that is, there will be built-in rental rates that go to the company or the broker. However, you can get a better price by talking directly to the owner. Ask him if in advance payment there could be some discount.

Another valuable tip is to have parameters to negotiate before closing any deal. This means knowing the value of other properties in the same region and with similar conditions. Ask the owner if he intends to rent for a long time. This issue can also be taken into consideration in negotiation if you also have an interest in staying in place for years. After all, empty property is a loss to the landlord in St Lucia Villas.

Avoid new real estate

Older property does not mean that it is in bad condition, just that it is not such a recent launch taking over 20 years of construction. Even with the general appreciation, a property that has not just been built has cheaper rent than a new one. You can check the beauties of St Lucia Villa Rental! In the search for a property with an affordable price, be willing to research and even dialogue so that the price is reduced. Keeping financial control up to date is a task that must be applied at all times! Click here for more information: http://akasha.stlucia.cc/the-villa/

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Up-and-Coming Vancouver Neighbourhoods

Up-and-Coming Vancouver Neighbourhoods

West End condos are becoming highly sought after today and it’s all because of how popular Vancouver is getting. Vancouver is really a city that has lots to offer and it’s interesting to say the least. For those who want to make the move to Vancouver, it can be a wonderful idea and there are lots of areas which are up and coming. If you want to move to a new home, maybe you should think about which areas are considered to be amongst the best. Read on to find just a few neighborhoods which are up-and-coming today.

Kitsilano

In the North of the city, Kitsilano is one of the most beautiful and upcoming areas in Vancouver. Buyers can find the English Bay waters make a lovely view from their home and there are just so many amazing sites to view. Anyone who wants to buy a home in Vancouver will want to look into Kitsilano. It’s really a lovely area to say the least. It’s like West End Condos, the location is lovely and the homes are great.

Up-and-Coming Vancouver Neighbourhoods

Yaletown and Coal Harbour

People just love these areas. Yaletown offers great beauty and amazing homes and Coal Harbour does also. However, these are really quite established areas and they truly offer some of the best homes too. Anyone who lives here is going to love it and the Yaletown condos are amazing. These are amongst the best homes today and they can make you feel at home and at ease. You are going to love renting or buying within these areas too.

Does Location Matter?

A lot of people seem to think the location of their new home doesn’t matter as much as the home but how can you be pleased with the home if you aren’t pleased with the location? Far too many people don’t think about that and end up with a lovely home that’s just not quite in the right area! It’s a troubling thought to say the least because you don’t want to waste time or a lot of money buying a home that isn’t in the location you would like. Remember, once you buy the home, you’ve got the mortgage until it’s paid off! Coal Harbour condos are great but, again, if the location doesn’t work for you, the home can’t either. It’s really important to think about that before you buy property today.

Love Your New Neighbourhood

The right neighbourhood can make all the difference when it comes to buying a home. If you find a neighbourhood you love and appreciate then it’ll make the search for a home far easier. It’s really worth thinking about this and in reality it will make a big difference too. Location is just as important as the home so you should always take some time to consider them both. Hopefully you’ll be able to find the right neighbourhood and the right home and when you do, you can move in and enjoy. Find the best Yaletown condos and enjoy living in your new home. if you really want to love your new neighbourhood you should take the time to keep your new homes outsides clean and well kept

Visit this link: http://www.metronews.ca/news/vancouver/2017/10/17/more-supply-mitigates-foreign-impact-on-vancouver-housing-economist.html

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How to Find the Perfect Venue for a Corporate Event in Vancouver

How to Find the Perfect Venue for a Corporate Event in Vancouver

Invest in Vancouver. Have you thought about what you do when you want to book a venue for a corporate event? To be honest, a lot of people leave things to the last minute and it’s going to result in them losing out. You can’t really afford to leave things until the last minute when it comes to your event. However, how can you find the perfect venue for your upcoming event? Read on to find a few simple tips that might prove useful to you today.

How Big A Space Do You Need?

First and foremost, you have to think about how many people are going to attend the corporate event. Will there be fewer than ten people or greater than 50? These things matter, especially when it comes to getting a suitable venue. It’s all too easy to book a venue for a corporate event that’s far too small for the occasion. That’s really not what you want as it will cause a lot of trouble for you. You absolutely have to think about how big a venue you’ll need so that the appropriate venue can be found. Vancouver real estate varies considerably so you want the right type of property for the day.

How to Find the Perfect Venue for a Corporate Event in Vancouver

Think About the Views

Have you thought about where the event will take place? Why not look into venues close to Coal Harbour and other waterside areas? The views will impress and really it’s not all about business so you want to ensure people like what they see, especially if you’re trying to sell the city too! People love to take their minds off the stresses of corporate worries and having great scenery to offer it’ll be welcomed! Invest in Vancouver; this is what you’re technically doing so you want to ensure the right property is chosen.

Book Ahead and Ensure Your Venue Works For Your Budget Too

You also have to ensure you plan ahead and book at least two months in advance when it comes to corporate events. Venues can book up quickly so you really need to ensure you choose somewhere that’s convenient and easy to get too. What’s more, you have to ensure the budget is going to work around the venue you choose. It’s important the budget is good and suitable for your needs so that you don’t spend too much on Vancouver real estate for the afternoon. If you don’t book ahead you might lose out.

visit this link: https://www.prudentialgrandvalley.com/choosing-the-right-vancouver-lodging-areas-and-neighbourhoods-to-consider/

Find the Right Venue

Despite what you might think, it has become a lot easier to find the perfect venue if you know what to look for. It’s really quite important to find the right venue as it can set the tone to the entire corporate event. You can really enjoy the day and it’ll be far more cost-effective too. Take the time to find the right venue and you’ll find the day to go a lot smoother. It’s time to get the best for your corporate event. Invest in Vancouver and hire the right venue today.

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Choosing the Right Vancouver Lodging – Areas and Neighbourhoods to Consider

Choosing the Right Vancouver Lodging – Areas and Neighbourhoods to Consider

Are Downtown Vancouver condos the best properties? Which areas do you want to buy or rent your new condo in? Vancouver has become a vastly popular city of late and more and more are choosing it as the place to buy and rent their new homes. You can’t blame people for loving Vancouver; it’s beautiful with amazing green landscapes and gorgeous mountains. It’s a dream location and if you’re lucky enough to live there, you will appreciate it more than you might think. However, which neighbourhoods or areas are the ones to consider today?

Downtown

Anyone who wants to appreciate Vancouver’s nightlife and bustling everyday actions, downtown is the area for you. You can opt for the Coal Harbour condos or Yaletown; these neighbourhoods are absolutely gorgeous and they really have so much to offer. Within the downtown area, you can find a lot of great shops and local amenities too. You can get a lot of peace and quiet with these areas though and that’s amazing! You get the everyday life of being in the heart of Vancouver but with peace and quiet at night. It’s ideal to say the least.

Use this link to read more information: https://www.placerealestate.ca/

Choosing the Right Vancouver Lodging – Areas and Neighbourhoods to Consider

West End Neighbourhood

For those who want to move a little north of the downtown area then you could venture to West End. This is a gorgeous neighbourhood with locals making you feel welcomed and at ease with them. You are going to love how many amazing restaurants are close to the area as well as lots of great shops. It’s within a walking distance of downtown and Stanley Park is not too far either. This is really a great neighbourhood to visit and West End condos are going to be very cost-effective too. Condos and homes within the area aren’t as expensive as you might think.

Mount Pleasant

Going further out of the downtown area comes Mount Pleasant. This is a wonderful neighbourhood and really this is where all the peace and quiet happens! Anyone who wants to enjoy a quiet night will love Mount Pleasant and there’s really a lot it has to offer. However, it’s not too far from the downtown area so you can still drive or get the bus into the heart of the city. Like Coal Harbour condos and homes, the homes here are fantastic. Nicely priced, the homes are sure to attract a lot of buyers and renters. This is a great area and even though it’s further from the downtown area, it’s really quite lovely and highly popular.

Love Your Downtown Vancouver Condos

Vancouver is truly one area which thousands adore each and every year simply because it offers something exciting. When you choose Vancouver you are welcomed into a new community with a lot of choice over your lodgings. It doesn’t matter if you want to buy or rent, there are many great homes for you to choose from. You can choose high rise condos, semi-detached homes as many others. It’s a dream city and it’s going to be one you adore too. Find the best West End condos and enjoy your new surroundings.

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