Aiming High
Author: Total Business Online
November 7, 2005
...not a difficult investment decision to make – there is so much to do that it will take forever to explore all possibilities.”
Have you heard about what is happening in Canada, and in particular, in the westernmost province, British Columbia?
More than ever before, the Rocky Mountains of British Columbia are playing host to international investors, adventurers and vacationers. The area’s mountains, lakes and valleys provide a beautiful landscape to experience a distinctive four season climate – perfect conditions for a four season resort. And so the dream begins...
Fernie, British Columbia is located in the south-east corner of the province – approximately a three hour drive from Calgary International (or one hour from the soon to be international airport of Cranbrook). Nestled in amongst the spectacular Rocky Mountains, you will find the revitalised 100 year old mining town of Fernie. Its welcoming population of 5000 residents love to host people from all over the world. Fine restaurants, local artisans’ shops, hotels, bars and pubs are scattered throughout the quaint town. Looking down the main street you will be captivated by the surrounding magnificent mountain peaks. The Lizard Range is the home of the Fernie Alpine Ski Hill, world-renowned for its unmatched 2600 acres of fall-line terrain and high-speed quad lifts.
WHAT MAKES FERNIE A FOUR SEASON RESORT?
Fernie first exploded onto the International scene when The UK’s ‘Good Skiing and Snowboarding Guide’ named Fernie as North America’s Resort of the Year for 2004. Since then, Fernie has developed into a world-class Four Season Resort. The Fernie Alpine Ski area is a mecca for ‘powder hounds’ and winter sports enthusiasts. In the spring and summer seasons, Fernie offers some of the best full terrain mountain biking and hiking in North America. Fernie’s Elk Valley offers year round trails for walking, biking and cross-country spectacular scenery for every season. Fernie, home to a stunning 18 hole golf course and looking foward to the new golf course designed by David Mclay Kidd. The Fernie Valley also has some of the best fly-fishing in the world along the Elk River together with nearby lakes for fishing, boating, and water skiing.
What makes Pinnacle Ridge in Fernie an excellent investment?
People invest for many reasons: income, ownership, long-term security, and retirement planning. Investing in Fernie meets all of these needs. As an emerging four season resort, property values have seen an incredible 60-100% increase in value over the past four years. In the last year alone, property values have risen 25%. This is due to many factors: supply and demand – more and more people are keen to invest and properties are limited; cost – this is a new market and prices are well below other resort prices in Canada and the United States; and, purchasers using the English pound are buying into the resort town at more than a 50% discount! Owning property in Canada is an easy step to take. In fact, Canada welcomes investors and owners from overseas. Mortgages can be arranged in the UK or in Canada. Visiting Canada for up to six months at a time can be easily arranged. Immigration information can be found at www.cic.gc.ca/english/visit/index.html.
Of the utmost importance to your investment is the quality and longevity of the product. Pinnacle Ridge Resort is being built by a construction company that has been in business over 100 years (see www.horieconstruction.com). Attention to quality construction and detail is a trademark. Nestled in the valley next to the Elk River and across from the Fernie Ski Hill, this exceptional project has become an investors dream to many UK residents.
As explained by two owners from Manchester: “We had looked at many places in both Europe and North America, but could not find anything that really met our requirements. Then we came to Fernie, British Columbia and spent a couple of nights in Pinnacle Ridge and felt straightaway that ‘this is the place’. The location, design, quality of construction and furnishings, all just worked for us. Really, it was not a difficult investment decision to make. There is so much to do that it will take forever to explore all possibilities. So, we’ve got what we feel is a good investment for capital growth in the future, which pays a dividend we can enjoy now. It seems so good that we’ve bought a second suite!”
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