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This article was compiled by Nicola Way of and Tel: 001 604 781 9279 Email: Nicola specialises in off -plan and resale properties throughout British Columbia and Canada.

WORDS | Nicola Way

is the hotel residence sector, offering condominium homes that are attached to hotels which allow homeowners immediate access to the hotel’s amenities and services. “The biggest attraction is ease and

Why sell hotel homes? O

ne of the newest kids on the block attracting buyers seeking a home less ordinary

and access to the world-renowned Okanagan wineries.

simplicity,” says Peter Nixon, explaining the growing interest in this niche market. “It’s a lock and leave property.” Nixon is the Real Estate

Development Manager at Sun Peaks Resort – a year-round vacation destination in the famed Okanagan region in British Columbia’s interior which boasts the second largest skiable area in the province and the third largest in Canada.

Summers are equally popular with championship golf courses, fl y fi shing, mountain biking, canoeing, kayaking

The condominiums at Delta Residences - which consist of one- and two-bedroom beautifully-furnished suites that were completed in 2008 - are attached to the award-winning Delta Sun Peaks Hotel that provides enviable 100 per cent ski in/ski out capability. “You arrive, you check in, all the amenities are there in the unit - appliances, linen, cookware - it’s like moving into your house but you also have the use of all the facilities in the hotel,” continues Nixon, “and at the end of the day you don’t have to do any cleaning because all the cleaning is done for you.”

These facilities are substantial. Aside from room service, the Delta Sun Peaks Hotel offers a variety of restaurants that serve regional and organic cuisine, a fully-equipped health club that includes

a heated outdoor pool with magnifi cent views of the adjacent slopes, hot tubs and a comprehensive exercise room, a business centre, children’s programmes, babysitting services, and an onsite massage therapist to soothe tired limbs after a busy day of recreational pursuits. The homes at Delta Residences can

“The biggest attraction is ease and simplicity - it’s a lock and leave property concept”

also be purchased as fractional ownership, with prices starting at $83,000. And what this means in practice, of course, is that buyers can purchase a quarter share in a unit which enables them the use of the property for one week each month. The scheme is popular with overseas buyers who can

What are the real benefi ts of developing and selling homes with hotel connections? From small studios to multi-bedroom detached homes with acreage, there are so many different property types available at any given time to suit buyers’ individual style, preference and budget. It is a growth sector, and the hotel market in Canada is a good market to take a closer look at. OPP’s Canadian correspondent Nicola Way reports.

combine two or three weeks in one stretch through negotiating with their fellow owners or, if they’re not using the property, their unit goes into a managed rental pool to earn revenue. It is no secret that properties in recreational areas of Canada have suffered through the global recession. Sun Peaks has gone some way to countering that with the opening of a new school in 2010.

Called the Discovery Centre for Balanced Education, the number of students enrolled has increased by 200 per cent since it started, and has attracted families back into the region leading to some recent sales of detached homes in the multi-million dollar range. “We’re starting to see more and

more fi rst-time Asian visitors,” says Nixon, who explains that because of the development and growth of ski resorts in China, many Chinese investors

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