Property bargains for those making the move to Canada
July 31 2009 by Matt Jones
Popular move to Canada to drive up house prices
According to property experts, now is a great time for people making the move to Canada to be buying a bargain property as an investment.
Areas outside the capital, like Toronto and Quebec, offer the best bargains, according to Les Calvert, the director of PropertyAborad.com. Another good option is to buy a plot of land for as little as £30,000 and build a new home from scratch for a fraction of the cost of buying it new.
Overseas investors should also look at the possibility of renting their properties out, as many people want to live in Canada temporarily or visit Canada to enjoy the outdoor life.
A recent survey carried out by Primelocation, a property website, found that Canada is among the top-ten overseas destinations in which UK investors hope to buy property. Many of these people hope to move and work in Canada in search of a new life in a prosperous country.
The survey also found that 70% of visitors to its website were interested in buying property abroad despite the recession.
Property experts claim there has been an increase in enquiries from the UK about the property options available for those who want to come and live and work in Canada. As a result, many expect the number of houses being sold to increase in the coming months, driving up prices - so now really is a great time to buy in order to make money on a property investment.
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