subject: Real Estate Investments In Parksville: A Profitable Endeavor [print this page] People usually get additional income from real estate in Parksville and then leasing it out for some resort purposes. The Oceanside Village Resort in Parksville is a good example of a place famous for tourism but also for very good investment for Parksville real estate.
How to get there?
The Oceanside Resort is situated near Rathtrevor Beach and rainforest in Parksville and can be reached by a 25 minute drive from transportation services in Nanaimo and an additional 30 minutes drive to Comox Airports. The location of this resort is very ideal for a Parksville real estate investment since it enable ease of access from various picturesque locations like Courtenay, Chemainus, Victoria and the famous Comox Valley which is also known as the recreation capital of Canada. Other places like Pacific Rim National Park and Tofino are also accessible from this real estate.
Facilities
Like any other famous resort, there are several facilities available at Oceanside Village Resort too. A swimming pool of 23 x 50 dimension is on the top of the list as it serves as recreation for the whole family. The system uses very clean water by replacing saline water with soft water wall the the time.
A gym with modern equipment and weight training and cardio facilities is another facility for body building freaks. Special teas and coffees are served at the Sakura Japanese Tea House if you wish to get some exotic tastes. On site hair salon and spa are there for people who like to relax and rejuvenate their body and mind. For all antique fans, The Beach House Boutique is the place for you and finally the Riptide Lagoon Adventure Mini Golf will give you all the childish thrill you need.
Guildelines For Usage and Alteration
The Zoning by Law of Parksville at the Planning Department of Parksville City will give you a complete list of all the rules and regulations for Parksville real estate.
Though the ownership is 100% in Parksville cottages, the stay is limited to 180 days per person within a calendar year in either concurrent or non-consecutive manner. You are also liable for telephone, electric and cable bills along with taxes and insurance. Since you are the 100% owner, you can use the cottage in whichever way you want like altering the interior, applying color schemes like Sand Dollar or Oyster or apply some upgrades. Most often the cottages in Parksville serve as a family getaway and residence for six months and as a rental venture for the remaining period.
One parking space is allocated for users along with extra space for visitors at Parksville real estate cottages.
Property taxes and Disclosure of Statement Plan
The Sales Kit contains both the disclosure of Strata Budget and Statement Plan.
The usage has been stipulated by the British Columbia Government and the property taxes are computed based on that. Commercial rates cover rented cottages but for properties not personally used, residential rates apply.
Strata Fees, Warranty and Deposits
You need to make a deposit of $10,000 for the Parksville cottage before signing the contract for which Oceanside gives you a 2/5/10 warranty. $210.94/month is the total Strata Fees which covers utility costs, insurance, landscaping, contingency fund for property maintenance and pool maintenance.
There is absolutely no need to doubt the benefits of investing in Parksville real estate due to all these advantages they offer.
