Tag: Downtown Vancouver Real Estate

It’s Always a Good Time to Invest in Vancouver Real Estate

The Canadian city of Vancouver has become, along with Hong Kong and Sydney, one of the most buoyant and fast-growing real estate markets in the world, to the point that many have decided to take money from their equity investments to place them in downtown Vancouver condos.

In recent years this city on the Canadian west coast has registered such an increase in prices and demand that the government of British Columbia (province in which Vancouver is located) has had to impose strong Tax charges on foreign real estate investment, which has not prevented prices from continuing to rise with the contribution of locals.

Buying a house as an investment

The sharp rise in prices in Vancouver, one of the cities that is always in the ranking of the best quality of life in the world, has led many to buy houses as a mere investment without placing them on the rental market.

The positive side of deceleration

If you want to invest in Vancouver this is your moment. The city’s slowdown has set the stage for investors looking to get good deals, and experts say now is the best time for investors looking for opportunities.

Prices keep falling but some think they are close to the bottom and will soon start to rise again, although they are unlikely to return to the highs.

Taxes on foreign buyers, stricter loans and other restrictions imposed by the government have pushed foreign buyers out of the market and hit investor confidence.

Sellers have had to cut prices by 10-15% and the market has experienced a “significant slowdown” due to government cooling measures. Know more!

Offer and demand

If you wonder why prices are going up or down, the simplest answer is to think about supply and demand, but there are still several questions and causes to consider.

Even in the luxury sectors, where this decline is not usually significant, there are good opportunities.

According to Royal LePage, luxury homes in neighborhoods like Burnaby, West and North Vancouver, and the City of Vancouver have seen the biggest price drops, providing opportunities for buyers looking to enter the area’s upscale markets. .

If you are from abroad, even better

Current prices are especially good for buyers in the United States or Europe, where the currency is strong and they can get more value by paying in Canadian dollars.

Although they are still responsible for the Foreign Buyer Tax, maintaining the investment in the medium and long term can offset that tax.

Without question, Vancouver real estate will have an even higher premium in the world category.

“For investors and for luxury buyers, you have a world-class city that has not yet realized that it is world-class.”

Do you need any more reasons?

Well, you should know that Vancouver is a talent factory. Two prestigious university institutions and 20 post-secondary centers feed the city’s labor market every year with a talent trained for the new needs of the digital world, the entertainment industry, innovation and sustainability.

Vancouver is a world leader in the field of social enterprise; a broad and constantly growing sector that promotes social and environmental change through the power of new business models. For more details, visit: http://www.realtynotebid.com/why-hiring-a-vancouver-condo-specialist-is-important-when-buying/

Why Hiring a Vancouver Condo Specialist is Important When Buying

There is a growing popularity for downtown Vancouver condos. These are highly sought after and more people look to condos as a solid investment for the future. It’s easy to see why so many choose condos and the market is pretty steady at the moment too. Using a condo specialist might be necessary for you to find your dream home. So, why hire a Vancouver condo specialist, and what makes them necessary?

Negotiating the Sale’s Price

Buying a property is never easy and when you want to keep within a specific budget you have to negotiate with the owner. Unfortunately, that’s tricky because it usually involves the property owner’s real estate agent. They won’t be a pushover and know all the inside tricks and trade secrets to get more money for their client. A Vancouver real estate condo specialist is necessary because they’ll take up the baton on your behalf and will negotiate for the best deal possible. That is why you need a specialist on your side because they will make it easier to get the deal done.

Saving Time and Money

There are hundreds of homes to choose from; each has plus points for you and drawbacks. Trying to distinguish a home from them can be very difficult to do. Downtown Vancouver condos look amazing and you can be tempted by many of them but you can also waste dozens of hours viewing them. A condo specialist can prevent this. They will look for properties that are most relevant to you and point you in the right direction. It’ll be a fantastic way to save money too. You can spend a lot of time looking at homes that aren’t right for you. A specialist may enable you to avoid this. Read more!

Finding the Right Home

The Vancouver real estate market is vast and that doesn’t include downtown condos. It’s increasingly difficult to find a home you fall in love with before and after the initial viewing. Everyone makes their home like a showroom but it’s hard to see past the sparkle to the real home. Fortunately, a condo specialist can help you find a home that’s suitable for your requirements and in the perfect location. Specialists can be knowledgeable about the area and find condos that meet your full requirements. Remember, it’s all about finding a condo you can fall in love with now and tomorrow. Hiring a condo specialist is important because they can find a home that meets your requirements or specifications.

Get Specialist Help

Buying a condo can be fantastic, not to mention, a stressful time. Fortunately, things can be made slightly easier with a condo specialist. The specialist can look for a condo that’s within your preferred location and that also falls within budget. Even after you’ve found the perfect home the condo specialist can negotiate on your behalf so there’s little for you to do. It’s easier than you think. You can fall in love with downtown Vancouver condos and let the specialist worry about things. For more details, visit: http://www.realtynotebid.com/citizenship-by-investment-in-saint-lucia/

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. Know more!

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://www.forbes.com/sites/worldeconomicforum/2019/09/23/why-development-finance-matters-to-saint-lucia/#39dec92e65b3

Investing in Canadian Real Estate in 2020

What is real estate investing? Real estate investing is investment in which you actively own a property. There are different ways to invest in real estate, but to name a few: owning your principal residence, owning a rentalproperty, and/or house flipping to increase value of your home. There are many more ways, but in this article I will discuss those three as I feel they are the most popular among Canadians.

The classic approach in investing real estate would be to own your principal residence. When you buy your primary home, not only are you buying a place to live, but are also thinking long-term. Instead of paying your landlord’s mortgage when renting, you’re now paying your own mortgage. You are the landlord! In order to buy your own property, there are a few things to keep in mind.  A big one, you’ll need to save up for a down payment. First-time homebuyers can withdraw up to $25,000 from an RRSP toward that purpose. For those who aren’t first-time homebuyers, the TFSA is the next best place to save for a down payment.

House flipping can bring a major profit, if it is done correctly and professionally. With a house flip, you buy a “fixer upper” with a lot of potential, renovate it quickly, and then sell it for a big profit. To improve your chances of a successful house flip, you’ll want to look for a property that requires some TLC cosmetically (painting, upgrading fixtures, flooring, etc.), but doesn’t have any major faults, such as structural issues or a leaky basement. Although, it looks fun on HGTV shows, it is important to remember, house flipping can be a daunting task and you need to absolutely be sure you are up for the challenge. Not only is it best to sit down with a realtor after you are done with your fixer upper, it is highly recommended that before you buy the property you get it prescreened to make sure it can be resold. More details!

If you are worried about house flipping or risks associatedinvesting in rental properties is the way to go. While a rental property is an active investment, you can choose to be as involved as you like or not. You can manage it yourself as the landlord or hire a property manager to deal with the tenants.

Investing in Condominiums

Are condos a good investment? Simply, Yes! It is by far one of the more popular real estate investments in cities. Vancouver cityhas over 700,000 people and condos are being built more often than house.

Condos such as the West End Condos or the Coal Harbor condominiums are just a few examples that can give you the city luxury that you or your tenants would desire. Buying in areas that people want to live in will guarantee real estate investment success. Location is everything! The areas that are not well serviced by the public transit, restaurants, cafes and businesses are not going to perform nearly as well. Buying high-end quality and a unique condo can also bring in great resell value and a bang for your buck. Learn more details at: https://www.pwc.com/ca/en/industries/real-estate/emerging-trends-in-real-estate-2020.html

 

References:

https://www.greedyrates.ca/blog/how-to-invest-in-real-estate/

https://www.vancouverrealestatepodcast.com/podcast/advanced-tips-for-buying-new-condos-investment-properties-in-vancouver-with-craig-anderson/

https://www.weknowottawa.com/investing-real-estate-canada.ubr

 

Key Reasons to Invest in Real Estate

The benefits of investing in Vancouver Real Estate are various. With all-around picked assets, investors can appreciate predictable income, excellent returns, tax advantages, and diversification—and it’s conceivable to use real estate to manufacture wealth.

Thinking about investing in Vancouver Real Estate? You have to think about real estate benefits and why real estate is viewed as a wise investment.

Income 

Income is the net pay from a real estate investment after mortgage payments and operating costs have been made. A critical benefit of real estate investing is its ability to generate income. By and large, income strengthens after some time as you pay down your mortgage—and develop your equity.

Tax Breaks and Deductions 

Vancouver Real Estate investors can take advantage of various tax breaks and deductions to set aside cash at tax time. By and large, you can deduct the sensible costs of claiming, operating, and dealing with a property.

Appreciation

Real estate investors bring in cash through rental pay, any profits generated by property-dependent business activity, and appreciation. Real estate esteems tend to increment over the long run, and with a wise investment, you can turn a profit when it’s time to sell. Rents likewise tend to ascend over the long haul, which can prompt higher income.

Construct Equity and Wealth 

As you pay down a property mortgage, you assemble equity—an asset that’s part of your net worth. What’s more, as you manufacture equity, you influence to purchase more properties and increment income and wealth much more.

Portfolio Diversification 

Another benefit of investing in real estate is its diversification potential. Real estate has a low—and sometimes negative—correlation with other significant asset classes. This implies real estate to a portfolio of expanded assets can bring down portfolio volatility and give a better yield for every unit of danger. Click here!

Real Estate Leverage 

Influence is the utilization of additional money related instruments or acquired capital (e.g., debt) to build an investment’s potential return. A 20% upfront installment on a mortgage, for instance, gets you 100% of the house you want to purchase—that’s influence. Since real estate is a tangible asset and can fill in as collateral, financing is promptly accessible.

Competitive Risk-Adjusted Returns 

Vancouver Real Estate returns change, contingent upon factors, for example, location, asset class, and management. Still, a number that numerous investors focus on is to beat the normal returns of the S&P 500—what innumerable individuals allude to when they state, “the market.” The normal yearly return in recent years is about 11%.5

Inflation Hedge 

The inflation supporting capability of real estate stems from the positive relationship between GDP growth and real estate interest. As economies extend, the interest in real estate drives rents higher. This, thus, translates into higher capital qualities. Therefore, real estate tends to maintain the purchasing intensity of capital by giving a portion of the inflationary strain to tenants and incorporating a part of the inflationary weight as capital appreciation.

Real Estate Investment Trusts (REITs) 

If you want to invest in Vancouver Real Estate but aren’t prepared to leap claiming and overseeing properties, you might want to consider a real estate investment trust (REIT). You can purchase and sell traded on an open market REITs on significant stock trades. Many trades under high volume, which means you can get into and out of a position rapidly. REITs must receive compensation out 90% of pay to investors, so they typically offer higher profits than numerous stocks.6

The Bottom Line 

Despite all the benefits of investing in real estate, there are disadvantages. One of the principal ones is the absence of liquidity (or the relative difficulty in converting an asset into money and money into a purchase). Dissimilar to a stock or bond transaction, which can be completed in a flash, a real estate transaction can take months to close. Indeed, even with a representative’s assistance, it can take half a month of work to locate the right counterparty. Thus Invest in Vancouver. For more details, visit: http://www.realtynotebid.com/hiring-a-vancouver-condo-specialist-is-essential-when-buying/

Hiring a Vancouver Condo Specialist is Essential when Buying

Downtown Vancouver Condos available to be purchased are one of the most exceptionally sought after real estate investments in Canada. This is Why Hiring a Vancouver Condo Specialist is Important. It helps from numerous points of view, remembering making a sound investment for your next luxury townhouse buy.

Recruit a Realtor Who Understands Downtown Vancouver Condos 

Not all Condos in Downtown Vancouver are not created equivalent. This means there are different strata rules, rental rules, pet parameters, etc., for every Apartment Building in Vancouver Downtown. Which is the reason hiring a realtor who understands these fundamental standards are imperative to an effective investment? There is nothing more awful than claiming your “fantasy” Condo, to find the fine print after marking the contract. The right realtor will advise you about explicit principles and help you find the one that best suits your lifestyle.

Recruit a Realtor Who Offers Vancouver Real Estate Listings 

Vancouver Real Estate Listings in the downtown center are getting progressively difficult to obtain. Basically – Vancouver Condos available to be purchased gracefully is negligible while a request is still high. Which means it’s best to enlist a realtor who can assist you with purchasing in this exceptionally wanted BC location. This can affect turning into a condominium proprietor – or not.

As a Vancouver Real Estate Specialist, I often have listings accessible before the overall population is made mindful they exist. This is sometimes the main way a fortunate purchaser can discover Condos available to be purchased in Downtown Vancouver!

Why Hiring a Vancouver Condo Specialist is Important in Saving You Time

Hiring a Vancouver Condo Specialist real estate agent to assist you with your Real Estate Investment in Vancouver implies you approach condos sooner than the overall population. Also, it means you might be taking a gander at Condos available to be purchased in Downtown Vancouver that meet your checklist.

Everybody has incredibly bustling timetables. Most can’t commit similar time and dedication to discover Downtown Vancouver Real Estate Listings as an agent can. Passing up purchasing your fantasy condominium since you didn’t recruit the right agent isn’t helpful to your purchasing choices. Picking the right realtor for the occupation will spare you time, just as assist you with finding the condominium you truly want. Know more here!

The Right Realtor Can Negotiate Accurately 

Having a nearby, educated Vancouver Condo Specialist has an important impact while negotiating Vancouver Condos. Dealing with a condominium price tag requires territory information and redeeming quality to your bottom dollar. Also, it will make sure that your apartment suite buys rapidly. Driving us back to Why Hiring a Vancouver Real Estate Specialist is Important.

The Right Realtor Can Accurately Manage Contracts

Possessing Vancouver Real Estate includes a lot of desk work. It has lawful and technical terminology that can trip a lot of individuals up – including realtors. As a Vancouver Condo Specialist with almost twenty years of involvement, I am exceptionally acquainted with purchasing Vancouver Condos Downtown. Don’t succumb to some unacceptable purchasing choice through faulty administrative work. Recruit right and move into your condominium without concerns.

The Right Realtor is Candid and Trustworthy 

Condos available to be purchased in Downtown Vancouver are a lot of amusing to take a gander at. But getting swept away with the view, amenities, or the new life dream can make you ignore the details. This is Why Hiring a Vancouver Condo Specialist is Important. The right realtor will offer you genuine counsel and convey trustworthy information on every condominium you take a gander at. Downtown Vancouver Real Estate is exciting, and I am here to help keep your choice a sound one.

The Right Realtor Will Act on Your Buying Decisions

Real estate sells rapidly in Downtown Vancouver, so an agent acting rapidly to assist is important in making sure about your ideal space. Whether you see Coal Harbor, Yaletown, or some other Downtown Vancouver Luxury Condos, the right realtor can help guarantee you don’t miss out on your ideal investment.

As a Vancouver Real Estate Specialist who lives and works downtown, let me help you find your fantasy, Vancouver Condo. Let’s make this excursion an essentially and the outcome a pleasant one! Learn more details at http://www.realtynotebid.com/get-downtown-vancouver-condos-at-a-fraction-of-uptown-prices-with-these-simple-tips/

Vancouver Lofts and Condos – Buying Guide

Invest in Vancouver—have you ever thought about it? To be honest, a lot of people don’t think about investing in a loft or condo as they think they aren’t as good as traditional semi-detached homes. However, condos, and lofts can be fantastic for those who want to get a great new and affordable home. Do you know how to buy a new loft or condo? If not, why don’t you read on and find out a few things that might prove useful.

Understand the Type of Property You Want

Do you want to buy a loft or are you someone who wants a condo? These are things which are very important to think about, especially when it comes to getting your dream condo. Yaletown condos are really amazing and they can be great options to consider also. A lot of people forget condos can offer so much—as can lofts—so you can choose the right avenue. Condos and lofts are great and they can be some of the very best as well. You are going to love what they can offer and they aren’t as costly as you might think too.

Think About the Area You Wish To Live In

Next, you also have to think about where you would like to stay in. Are you happy living in a suburban area or do you prefer the downtown area? These are the things you have to think about when it comes to buying a new loft or condo. You don’t want to focus your search in the wrong area otherwise you’ll end up buying a property you aren’t really keen on. You can easily look at Vancouver MLS listings and find one which offers everything you need and want. There are lots of properties to choose from and you should choose one that suits your needs in every possible way.

How Much Do You Have to Spend Per Month

In most cases, condos are far more affordable than what traditional homes are but that doesn’t mean to say just any property will be sufficient for every buyer. The condo must be absolutely perfect so that the price works just as much as the location does. So, how much money do you have to spend per month? Can you afford a few hundred or more per month? You have to know these things so that when you’re searching for a new property, one that falls within your budget can be easily found. It’s hard to find a property unless you know the finances and how much you can afford to spend. Invest in Vancouver with care!

Look Through Vancouver MLS Listings and Find the Best Home

Buying a new home can be a lot easier than you might think; the hardest part is actually finding one. You have to take your time to look at what options are available and choose a home which offers everything you need and more. It’s really quite easy and you can find a home that starts off an exciting new chapter. Yaletown condos are truly lovely and you are sure to love them too.

Check out https://www.placerealestate.ca/ if you need more help.