The best saved for last

These lots have never been offered for sale before

Enjoy everything Pender Harbor and the surrounding area has to offer with this incredible investment opportunity!

Each of these lots look over the Daniel Point development and offer excellent views and an opportunity to build anything from a private cottage surrounded by gorgeous nature to recreational playland.

Build it your way

Whether you want a cozy cottage for two, a family retreat or the ultimate wilderness event destination, The Allen Group of companies is ready to design and build your dream.

A Strong Investment

Short term gains

All across the province, interest in recreational property is pushing prices upward.

A study done by Landcor Data on behalf of Western Investor newspaper indicated that lakefront properties increased in value 200% over the past 10 years. Properties going for $270,000 in 1999 sold in 2006 for $1 million, and developers see nothing but more increases on the horizon.

Chart

"Upper-end sales have also affected recreational property values across the board, placing upward pressure on prices, particularly in Western Canada. Starting prices have topped $500,000 in 31 per cent of recreational property markets.

"Only seven [listings] offer waterfront properties under the $250,000 price point."

2007 RE/MAX Recreational Property Report



Property comparisons

In the Comox Valley, lot values have increased 23% in the past year. Average oceanfront properties there are now in the $800,000 to $900,000 range, with frontage as low as 73 feet. On Cowichan Lake, north of Victoria, the Lomona Group recently sold out of a 75-lot development. Investors believe prices are going to continue to go up, especially as development opportunities becomes more scarce. Lots on Mayne Island, in the Georgia Strait, were being listed last February at almost $3 million.

Own coastal property in one of the world’s most beautiful locations.