Investing In Parksville Real Estate: A Very Useful Option
If you are thinking of a Parksville real estate investment, think of buying property in Parksville and converting them into resorts. The best example of this is the Oceanside Village Resort which is a suitable place for both tourism as well as Parksville real estate business.
Getting to Parksville
Oceanside Village Resort is a good Parksville real estate investment because it gives access to many great places in Canada like Courtenay, Victoria, Chemainusand the famous Comox Valley along with places like Pacific Rim National Park and Tofino. Rathtrevor Beach and the rainforest are the two landmarks for the Oceanside Resort and the place can be reached by taking a 25 minute drive from the transportation services in Nanaimo and an extra 30 minutes drive to Comox Airports.
Another reason Oceanside Village Resort is a good Parksville real estate investment is because it offers many good comfort facilities like a swimming pool of 23 x 50 dimension that serves the whole family as a place for recreation. You don't have to worry about the hygiene since the saline water system cleanses the water all the time.
The gym at the Resort includes all the modern weight training and cardio workout equipments. If rejuvenation and relaxation is what you seek, then you can try the on site salon and spa. Further the Sakura Japanese Tea House serves nice special teas and coffees. The Beach House Boutique is the place to be if you are a fan of antiques. The Riptide Lagoon Adventure Mini Golf is a golf course that will bring out the child within you.
Alteration and Usage Guidelines
The Planning Department of Parksville City has a Zoning By Law which sets all the rules for Parksville real estate usage and alteration in Parksville.
The stay per person is limited to 180 days in the calendar though the ownership is 100% in the Parksville cottages. Further the stay can be either concurrent or non-consecutive type. You should take care of the electric, telephone and cable bills in addition to the taxes and insurance. You are allowed to make alterations to the interior of the cottage since you are the 100% owner. You can apply color schemes like Oyster or Sand Dollar and apply upgrades to the fittings. The family can consider these cottages as a nice getaway for half a year and as a rental venture for the period afterwards.
In Parksville real estate cottages, users get one parking space in addition to extra space for visitors.
Property taxes and Disclosure of Statement Plan
The statement plan and the disclosure of Strata Budget is contained in the Sales Kit.
The British Columbia Government has put down certain usage policies and the property taxes are calculated on the basis of that. Residential rates are applicable to properties not owned personally and for rented cottages, commercial rates apply.
Deposits, Strata Fees and Warranty
$10,000 is the deposit you have to make on the Parksville real estate cottage before signing the contract. However, Oceanside will give you 2/5/10 warranty for that. The total strata fees amounts to $210.94/month but covers utility costs, pool maintenance, insurance, landscaping, contingency fund for property maintenance etc.
With all these advantages, the Parksville real estate investments are highly profitable.
by: Christine Chou