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Canadian ski market opening up - 11 October 2006
Holiday-home buyers investing in ski property would do well to look across the Atlantic to Canada, where new flight routes by chartered airlines have made the world-renowned Canadian ski resorts even more accessible, reports Assetz.
The property investment specialist launches its new Assetz Ski division this week, selling and advising on properties in France, Canada, Switzerland and carefully selected opportunities in Bulgaria.
With chartered airlines such as Canadian Affair, Zoom and Air Transat now offering low-cost flights in the region of £70 one-way to major hubs such as Vancouver and Calgary, the Canadian ski resorts are fast opening up to British market.
The ski season normally lasts from November to June, making it longer than the European season, with skiers in Whistler even enjoying snow through the summer months. Snow is guaranteed in Eastern Canada and all resorts have snowmaking facilities.
Canadian properties are generally much larger then those in Europe, offering better value for money for investors, most of whom will primarily want a holiday home which they may let out for a few weeks per year.
Martin Sadler, Manager of the new Assetz Ski division comments: “Ski property in Canada is ideal for those wanting to buy a holiday home with great investment potential. House price growth in Canada is expected to hit 11.2% annually by the end of 2006, creating strong prospective capital gains as well as a burgeoning rental market, as the Canadian ski resorts become more accessible to European tourists."
Canada benefits from high quality, award-winning resorts such as Whistler and Mont Tremblant, which feature a full range of properties from more affordable ski apartments to luxury chalets. Banff and Jasper are in large national parks, so tourists share the resorts with the wildlife of the Rockies including elk, deer, mountain goats, moose and eagles. Most resorts are close to large, thriving urban centres located no more than two hours away by road.
For more information see www.ski.assetz.co.uk
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