Canada 2008 hosts great property investment opportunity

Foreign investment in Canada is on the increase once again, attracting investors from around the globe to its established property market and to its rapidly developing tourism industry that exceeded the 20 billion USD mark last year. Last year Canadian property value increased by as much as 10% and sales figures rose by almost 9% from the previous year. Overseas property investment specialist David Stanley Redfern outlined some of the reasons behind the success story that is Canada:

"In comparison to popular European investment hot-spots, Canada still offers enticing, affordable and less expensive property. Current rental yields are hovering around the 7% mark; however, with prices currently on the rise along with its population, Canada is both highly alluring and rewarding for folk who relocate there, just as it is for professional property purchasers who might buy an apartment flat villa, lodge or chalet"�.

After avoiding the problems that have plagued the U.S. property market, Canada is set to maintain its rental yields as demand for property outweighs its availability and it's widely expected that its 2008 capital growth will certainly be favourable . Over 30% of Canada's gross domestic product (GDP) comes from exports and the low Canadian dollar that attracts such high levels of activity. Canada's progressive economy has strengthened too, faster than most could've predicted and has, over the past 15 years, outgrown almost any other from around the world with its low living costs and minimal rates of interest and inflation.

Considering the sheer size of the world's second largest country, it comes as no surprise to learn of the wide array of opportunities that are offered throughout its rural scenery and cityscapes. With a wealth of inherently stunning surroundings abundant with nature parks, historical cities, expanse lakes, ocean views and prominent mountain ranges, the overall appeal of the country is undeniable. It's also a fact that there are over 600,000 Brits living in Canada to date. Canada hosts an undeniably healthy climate for residents and overseas investors alike, so whether you want to keep an eye on your heart or your profit margin, Canada is proven to be a great place to look after your investment.

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About David Stanley Redfern

David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.

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For more information on the properties available with David Stanley Redfern Ltd please make an enquiry on a particular property of choice or alternatively contact us using our contact details.