THE MANORS. Great location for real estate investment. High occupancy rate and 2 years rental guarantee paid in advance. New appartments with 5 years building guarantee. 70% of the units are sold. Rental management program is available. Only 5 minutes from Montreal city. (buytorent.ca)
The Developement:
European architecture only 5 minutes from Montreal......
These modern condominiums are located in Charlemagne only a bridge from Montreal city. Charlemagne is the first city on the East side of Montreal. This prestigious condominium development is built and designed with the highest specification and it is strategically positioned on the east shore of Montreal. All the comfort and tranquility of the Montreal suburb with only a bridge separating the development from the thrilling city of Montreal.
The Manors will also benefit from the new train station that will be in service in 2010 with direct access to Montreal downtown. This prestigious development represents a top location for renters who want to be close to Montreal city and benefit from the quality of life that east suburb can offer. Being close to major highways, commercial centers, supermarkets, hospital, theatre, golf course and a lot more, make the Manors the perfect choice for real estate investment. There is no doubt that value of properties in this area will continue to increase in a significant manner for the next 10 years.
REAL ESTATE MANAGEMENT OF AMERICA INC. (BUYTORENT.CA)
The REMA team is bringing to investors a new approach in real estate investment by offering low price investment properties specifically selected for their great location, long term and fixed rental revenues and future capital growth. All our properties are new and come with a 5 year building guarantee. Most of the real estate development that are actually offered to foreign investors are holiday homes or condominium located on ski, golf or spa resort in some of the most beautiful region across the globe. Before buying real estate abroad, you must ask yourself the following question: Am I buying real estate as a pure investment or am I buying a house as a second home or lifestyle house that I will try to rent to help me cover some of the fix cost? Buying a second home or holiday home will generate rental revenues ONLY if the short term rental market and the economy are strong. People who are buying a house in resort are considering it as an expense, not as an investment. Also, being part of a luxury home or condominium resort mean that you will have to pay substantial resort fees and in most case you will have to split 50% of your rental revenue with the rental company that is operating the resort. At REMA, we are working with real estate investors that are looking for great and safe location and where rental revenues are guaranteed by long term lease. The REMA management fee is only 10% of the rental income.
Buying a rental property from our selected development will give you an opportunity to diversify your investment portfolio. With the current financial market, real estate in Canada is considered as a safe investment. With our approach, the investor will not have the opportunity to use his property as a second home because it will be rented by a local family or a couple with long term signed lease. REMA will take the responsibility to find the renter for your property and will also collect the monthly rent for you. Our team of professional will manage your property so you will not have to care about it. To make your investment even more safe, REMA is also paying you in advance the equivalent of 2 years of rental income. This 2 years rental guarantee is paid in advance on the day the sale is completed. For more details on rental guarantee, please ask one of our REMA representatives.
WHY CANADA ?
The REMA team is always searching for the best location in North America to invest in real estate development. Actually, in 2009, we strongly believe that Canada is the best place in North America and in the world to buy real estate. In the section below, we resume why Canada and more specifically the province of Quebec, is the safest place to invest right now. For all these reasons, all of our current projects are located in the province of Quebec, Canada. Visit our website at (buytorent.ca) for more details.
Québec enjoys an ideal geographic location. With the United States as its next-door neighbour, and as a member of NAFTA, Québec boasts a market of more than over 130 million consumers over a 1000 km radius. Its biggest city, Montréal, is within proximity of major urban centres such as New York. Québec has an area of 1 700 000 km² and is three times as big as France and five times as big as Japan.
The cost of living in Québec is among the lowest of all industrialized states. Health-care coverage is universal and the cost of education is among the most affordable anywhere.
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