Canada listed top of property safe havens abroad
As UK investors turn away from traditional overseas property investment destinations such as Spain, France and the rest of the troubled Eurozone, a new list of favoured places to invest is emerging with Canada leading the way. Canada offers numerous attractive investment opportunities with great long term potential, such as Forest Lakes Country Club in Nova Scotia, where Landcorp International is introducing UK investors to a pre-development land investment opportunity, offering fixed returns of up to 108% on investments over £20,000.
Canada recently topped the Daily Telegraph’s list of property safe havens abroad , owing to the country’s stable property market and predictions that property prices will rise 5% in the coming year. With its vast open spaces and breathtaking natural scenery, it is easy to see why Canada makes an appealing destination, but it is the country’s sound economic performance and fiscal situation that affirm Canada’s safe haven status.
On Canada’s Atlantic East coast, Nova Scotia has some of the country’s most spectacular coastline, as well as historic towns and charming fishing villages. Here Forest Lakes Country Club is set to become the province’s premier leisure resort, located on a site of over 1000 acres, set amid picturesque forest and crystal clear lakes. The four-star all season resort will be built to the highest standards of luxury and sustainability and has the added advantage of easy access to Halifax Stanfield International Airport, from where Nova Scotia is just a six-hour flight across the Atlantic from London.
As the warmest of the provinces in Canada, Nova Scotia is famed for its outdoor activities and these will be plentiful at Forest Lakes, including a Nicklaus Design 18 hole golf course, lakes for watersports, swimming pools and facilities for tennis, skiing and ice skating. Visitors will also have the use of the on site spa, shops, bars, restaurants and boutique hotel. There will be a range of luxurious property types available including villas, townhouses, condominiums, hotel rooms and guest cottages. Terra Firma Development Corporation, the developer of Forest Lakes, achieved full planning permission for the resort in August 2011.
The investment opportunity being introduced by Landcorp International allows private investors to make an early investment as the resort is developed. All investments can be placed in a Self Investment Personal Pension (SIPP) and there are various exit options, either through buying a specific property or a cash return. Landcorp International is the only company globally offering this type of pre-development land investment opportunities to private investors, allowing them to benefit from the high returns usually reserved for institutional investors.
Ailse MacFarlane, Managing Director of Landcorp International comments: “Canada’s safe haven status is giving investors great confidence when choosing it as the location for investing their money. Canada’s residential property market is tipped for long-term future growth and there is a consistent demand for high quality recreational property with good amenities and rental potential, such as the properties available at Forest Lakes. Aside from the economics, it’s also undeniable that Nova Scotia is a fabulous place to visit as a holidaymaker.”
For further information about Forest Lakes Country Club, visit landcorpinternational.com.