PEI, A GREAT HOLIDAY DESTINATION AND A SMART REAL ESTATE INVESTMENT
Posted by Nick Niesen on November 8th, 2010
PEI, in terms of a holiday destination, could be compared with Martha's
Vineyard. The island offers accomodations at quaint little inns and
there are many unique craft boutiques across the island. PEI has all the
attractions without the crowds and expense.As a result of PEI's
desirability as a holiday destination, and PEI was voted one of the Top 10
island destinations, waterfront and other PEI real estate available makes
for a great investment. Buy a lot and build your dream cottage or
summer home or choose from a catalog of recreational PEI real estate on the
market, either way you are assure of a great investment. Your property
may sit directly on the ocean or in a more protected inlet or river.
Look at any map of PEI and you will see that the reason PEI boasts so
much waterfront real estate is due to its jagged coastline, dotted with
bays and inlets. Your PEI real estate investment can work for you in two
Firstly your PEI waterfront recreational property will provide
accomodation to you and your family when you come to the island for your very
own PEI island vacation.
Secondly, the rest of the season you can rent your holiday paradise to
other vacationers. Typically rates charged per week are the equivalent
of a months mortgage - so you can see that you can look forward to
holidays without the cost of accommodation, while still building equity in
your PEI real estate investment. Later, you can liquidate that
investment to add to your retirement or pass along this very worthwhile real
estate to your children.
Access to the island is easy. Come by car and cross the Straits using
the Confederation Bridge or the Wood Islands ferry or if arriving from
farther afield choose a direct flight from Boston or Toronto to
Charlottetown Airport. International flight arrive at Halifax only 3 hours by
car from PEI - rent a car at the airport or use one of the regular
So plan to visit PEI soon, and see why its called "the Gentle
Island". Be sure and check out real estate while you are here.