Should You Buy Real Estate In Kelowna BC?
If you are from China and you are looking to go to Kelowna 买房卖房 to buy a house then right now (Spring of 2017) is a great time to purchase. With the real estate market in the Okanagan continuing to increase in value you are sure to have a safe investment when you buy land in Kelowna.
Vancouver British Columbia has a 15% foreign buyer’s tax which increases the price of the home you buy while Kelowna does not have this tax which saves you money if you buy in Kelowna.
Home prices in the lower mainland of BC are starting to drop. For example, the house prices in Vancouver in January of 2017 dropped by roughly 16% while the house prices in Kelowna continue to slowly go up.
The rental prices in Kelowna are also very high so buying a rental property in Kelowna has great returns on investment.
If you are looking to purchase property in Kelowna then contact Letnick Estates as they offer service in English, French and Mandarin.
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