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New builds in Vancouver
Location and climate
Vancouver is a city in Canada located on the Pacific coast.
The climate is moderately warm. Winters are mild with rain, with precipitation also falling in spring and autumn, especially between October and March. The exception is dry and sunny summers with comfortable temperatures due to the warm sea breeze.
Why buying an apartment in Vancouver in a new build for sale is very profitable?
Vancouver is one of the largest industrial port cities in the country. The offices of logging companies and mining companies are located here. Today it is also a center for innovation in biotechnology, software, and one of the most popular film production centers in North America.
The city is known for hosting the Winter Olympics, and Vancouver has been named "the world's best city" three times by The Economist. The location of the city among picturesque nature makes it especially attractive for tourism: city guests visit parks, a botanical garden, magnificent mountains, an ocean, and forests. Each year, over a million people pass through Vancouver on cruise ships bound for Alaska.
The airport is located 16 kilometers from the city center. It serves international destinations and flights to the cities of the country. The public transport system is represented by trolleybuses, buses, light ground metro, and a passenger ferry.
Educational and research activities are carried out by large universities: Simon Fraser University, University of British Columbia, Langar College, Institute of Technology.
Demand for Vancouver's new-build property is growing despite high prices, as the multicultural, eco-friendly, infrastructure-rich city is popular with wealthy overseas buyers from Asia, who are willing to buy apartments in residential complexes here. The main reason for such interest in local primary real estate is the high security of investments, consistently high rental yields.
The sale of apartments from developers according to the procedure is as transparent and simple as possible. Residential complexes in Vancouver comply with building standards, which is confirmed by feedback from buyers of apartments in the new homes.
Currently, the lowest cost per square meter of space in a turnkey apartment in a new homes for sale from a developer in Vancouver (according to information from the GEOLN.COM real estate search engine) is 7,050 USD.
Where to go, what to see
- Aquarium
- Art Gallery
- Museums: urban, maritime, modern science, anthropology
- Harbor Center skyscraper
- Botanical Garden
- Stanley park
- Queen Elizabeth park
- Canada Place complex
- Kitsilano beach
- English Bay beach
- Lions Gate Bridge
- Capilano Suspension Bridge
Purchasing apartments in Vancouver from the developers by foreigners
Foreign investors have the right to buy apartments from the developers in Vancouver without any restrictions.
Purchasing an apartment in a new development in Vancouver is a very profitable investment in order to generate rental income, live in a country with a developed economy and a positive attitude towards immigrants.
Prices per sq. m. in popular districts of Vancouver
District | Price from |
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Lynn Valley | 11,000$ / m2 |
University of British Columbia | 9,825$ / m2 |
Prices for new builds near metro stations in Vancouver
Metro | Price from |
---|---|
Broadway–/City Hall | 9,170$ / m2 |
Granville | 9,170$ / m2 |
King Edward | 9,170$ / m2 |
Olympic/Village | 9,170$ / m2 |
Yaletown–/Roundhouse | 9,170$ / m2 |