The secret is out. Real estate investing in British Columbia Canada. BC lakefront property is still affordable in many places and more property investment opportunities are becoming available weekly. It appears that investing in a BC resort property is a sound and profitable investment decision but it also offers the opportunity for a relaxed lifestyle with escape from the urban trap that has anchored you for years. Birch Bay Resort on Francois lake in Central BC may be one of those opportunities.
For many years interior BC lakefront property was unappreciated and undervalued, except perhaps in the Okanagan. Throughout the 1980's and 1990's For Sale signs were everywhere to be seen with bargains galore. With the emergence of the baby boomer retirement procession at the turn of the century, the trickle down effect of money (inheritance)and a spiraling real estate markets in urban areas, people are willing to travel further to enjoy the peace and quiet of lake front living.
One such area that is seeing a major infusion of investment money and available properties is Francois Lake, about a two hour drive west of Prince George, BC, depending on where you choose to access. Francois Lake the second longest natural lake in British Columbia. It is an outdoor paradise that features to world class hunting, fishing, hiking and boating as well as winter activities like ice fishing, snowmobiling and cross-country skiing.
The lake is large and deep,producing good sized rainbow trout and lake trout, mostly taken by trolling with an adequate motor boat. Francois lake can be accessed from the Trans Canada Highway just south-west of Fraser Lake or due south of Burns Lake. There is even a ferry service to access the opposite side of the lake.
One project that is seeing a significant upgrade is the Birch Bay Resort, located on the NE end of Francois Lake. Currently, a real estate development company out of Calgary, Alberta ( Signature Capital Corp ) has purchased this 36 acre property and is converting the existing resort to contain both strata titled RV Lots and cabins offering spectacular lakefront views and lake access. It is expected to be a 2 to 2-1/2 year project that will probably pay double-digit returns.
This developer has two investment strategies that may interest the savvy investor. Initially, the developer is offering 2 different capital investment programs in which they are seeking only investment money with significant rates of return. Each investment structure varies with the amount of risk, potential return and persoal tax strategy. Of course, initial investors will also be offered the opportunity to invest in one of the properties at a discount prior to being offered on the market.
The BC lakefront property at Birch Bay on Francois Lake will then be offered to purchase at an attractive price to the general public as the project nears completion and the lots become available.
Initial investment opportunities for Birch Bay Resort are limited with residency qualification restrictions. One's initial investment is reasonable and not cost prohibitive to the small or medium investor. For those who qualify, your investment or portion thereof may be eligible for RRSP consideration, always an attractive option. Its always nice to have a choice that matches your risk tolerance with additional tax deferral options.
For more information on the Birch Bay Resort Project on Francois Lake, Signature Capital Corporation, other BC Lakefront property or BC Resort investment opportunities visit our website in the bio box below.
Dave Ouellette is an internet consultant who specializes in contract article writing and marketing. He has lived in British Columbia for almost 30 years and now makes his home in Kamloops, BC. Dave is also a recovering personal financial advisor that currently does not hold any licenses or personally sells any type of investment.For more detail on this project please visit Signature Capital CorportationFor other property investment opportunities visit us Best-in-British-Columbia.com |
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