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Canadian Property » For Sale » British Columbia » Fernie » Land

Land in Fernie


Location

Canada
British Columbia
Fernie

Price

£16,000
to £1,500,000

Delivery date: 2009
Rental Term: 3 years
Max rental return: 12%
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Property ID: 304990








     
 

 Description

Key selling points

  • Choice of Investments styles.
  • Finance available
  • Option to purchase into the hotel through a CEPP
  • Rated Top 10 Ski resorts in the World
  • Guaranteed rental option 12% for 3 years then variable
  • Long Ski Season,

Fernie in Brief

Good-value and uncrowded slopes, extensive piste grooming, a friendly atmosphere, good snow record and well-suited to families.

Fernie has been likened to Argentière without glaciers, a wonderfully challenging ski area in a lovely corner of BC that has the topographical potential to become the new Whistler. International powderhounds tend to rate Fernie in their top five destinations in North America. Few destinations can offer such premium pistes and powder within the infrastructure of a modern ski village that is backed by all the charm and historical association of an attractive Victorian railway town.

Eating Out

The Wood on the Hill is the best proper lunch option. Kelsey's in the Cornerstone Lodge in the village centre has English-style fish and chips and Mexican dishes, as well as ubiquitous chili and burgers. Lizard Creek Lodge has a reasonably-priced bar menu.

The Skiing

This is one of these rare resorts that truly suits all levels, and its compact size lends itself particularly well to families. It has a good beginner area at the base, and plenty of tree skiing for all standards. However the real action is found in the series of five deep powder bowls that stand side by side beneath the 2000m peaks of Elephant Head, Polar Peak, and Grizzly Peak. These provide an astonishing variety of challenging terrain that will keep a strong intermediate or advanced skier happy for a whole season.

The Investment Choice and Style

This resort is an extension of an existing popular ski destination in British Columbia. The resort will consist of a luxury hotel, ski lodges and apartments are available. There is a choice of buying an apartment as a whole, Fractional Ownership and even the option of purchasing into the hotel through a closed ended property portfolio investment (CEPP). The option of buying into the hotel through the CEPP route starts from as little as 16,000. See flow diagram in the picture section to see how the product works.

Company Background

The company build Hotel Complex’s in secure emerging markets The company completes extensive due diligence using experts in each arena Does the company have a track record? – Yes, this is the companies third project of 2006/7 which amounts to approximately £210 Million The company only uses big brands to manage their concerns The company look to return initial investment following the build stage plus then either an income or capital redemption program for the life of the share holding.

Fernie – The Facts

Rated Top 10 Ski resorts in The world – 2006 / Top 5 Mountain Bike race mountains-Global circuit
Ski Season – 8th November 2006 to 22 April 2007 4 metres of snow last year
UK Flight times- approx 9 hours direct
Robust Legal System
Blackstone-Greg Norman Golf Course – 1,000 Acres
British Columbia
2 ½ Hours from Calgary, ½ Hour from Cranbrook, 45 Minute Drive North of the American Boarder- Montana 2,502 acres of Mountain – Expanding 117 Runs Property values increased by 27% in 2006 Large scale development of Cranbrook Airport Arrival of low cost air carriers & Charter flights

Who Can Invest

  • Individuals, Companies, Trusts and self Directed Pension Schemes
  • Any Party interested in Overseas Property Markets
  • Any Party interested in Can $-Hedge
  • Any Party looking for a pure Investment Return
  • Investment Term – 3 years or longer
  • To obtain an element of tax Planning
  • For a spread of Investment Risk
  • Approx 1,200 Properties
  • Values from £27,500 Fractional Ownership up to £1,500,000 ‘Trophy Properties’
  • Mortgages in place up to 70% LTV – HSBC- or choice to arrange own
  • Rental Scheme back to Hotel

Over the past ten years this small and once unfashionable resort has achieved pipe-dream fame as luxurious apartment blocks and mountain homes sprouted around the ski village.

Real estate developers have now started on a CDN$1.5 billion development between the ski area and the old town that is the setting for a Greg Norman championship golf course due to open in 2007. To their surprise and delight 30 of the first 50 homes attracted British buyers. Nearby Cranbrook airport has got the go-ahead to increase its runway to take large airliners, and the whole region looks set for its biggest boom since the 19th century Gold Rush.

 
     
     
 

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