Monthly Furnished Rentals Vancouver: A Great Investment

An apartment complex is the closest relative to condo Rentals Vancouver, as it shares similar features. There are individually owned units; But, homeowners association controls the common areas and facilities. These areas and facilities include roofs, hallways, heating and cooling systems, and other exterior structures. All expenses and responsibilities related to these elements are handled by the homeowners association. There are various advantages and disadvantages of living in a condo rental. However, if you want to buy a fully furnished condo or monthlyfurnished rentals Vancouver for an investment, you must keep in mind several factors.

Advantages of investing in a condo:

1. If you buy a condo in a proper area with a good surrounding, you can expect a premium monthly rental or premium resell cost. There is area where supply of condos is way higher than the population. On the other hand, there are certain places where people do not get condos in a hurry. When it comes to buying a condo, you should necessarily gauge the prospect of the area and its housing requirements.

2. The restrictions and rules in condos have restrictions that help maintain the value of the property. There is generally a strict set of guidelines in condos that tenants are bound follow. Thus, the condition of property remains constant throughout, making it great for rental or resell.

3. A home is always more costly than Vancouver condo rental furnished, even if it is not in a very good location. The purchase price of condos in a high property value area will also be much more affordable than a home in that area. The cost of maintenance is shared, thus making the amenities and external facilities easier to pay for.

4. Vancouver vacation condo rentals offer great amenities such as furniture, home appliances and facilities such as a pool, football field, tennis court and gym. It is great because you do not have to separately pay any charge towards the maintenance of these facilities. Moreover, the resell or rental price is high as your condo is well equipped.

5. If there is a major damage or a minor breakdown, you would have to pay your share. This is good if realized from another point of view. Had it been your own home, you would have to pay the entire money. In a condo, you are just paying a fare share for mending an amenity that you regularly use.

Long Term Stay Hotels Vs Corporate Housing Vancouver

Doing business internationally is no longer an issue. Although communication is more advanced than ever before, there is still the need for face to face interaction. Business people have to travel a lot and travel quickly. For big corporations the need for accommodation is huge and with big companies raking up hotels bills worth millions, there is most certainly a need for something more economical. Staying in hotels for extended periods of time can be very expensive. It can also be very uncomfortable.


When you have staff members who have to relocate for extended periods of time in Vancouver, then it’s much more economical to look into long terms stay hotels and corporate housing Vancouver. Long term stay hotels are hotels that cater specifically for people (usually business people) who need something a bit more spacious for anything from a week to a year. These hotels are designed to look and feel more like apartments than hotel rooms and they are usually much bigger and the decor is focused on it being more homely than hotel. A business traveler tends to get fed up with hotels and if you have to spend extended periods of time away from home, you really do need a home away from home.


Although these long stay hotels have come a long way towards making it feel less like a hotel, it’s still a hotel and it can lack the space and comfort some people may want. This is where corporate apartments and corporate housing comes in. These range from city center hotels to country houses and are focused on business travelers who need a home away from home. What makes this different is the obvious comfort factor but like hotels it has a servicing component to take care of the guests. Corporate apartments Vancouver usually fully equipped with all the latest entertainment and private suites can range from the lower end of the market to the absolute upper end with apartments that will make even the most important business man feel special.


Although prices range from low to high for both long stay hotels and corporate apartments it’s the comfort and convenience factor that should determine your decision. The needs of different guest will be different. Usually if your own staff has to relocate for extended periods of time then they would prefer corporate rentals Vancouver. If the travel periods are much shorter like a week or two then a short term stay hotel is probably better.

Why Should I Choose Property in Vancouver, BC

Vancouver is one of the most favorite places for many tourists of all around the world. Every year thousands of people visit this city not only for entertainment but also for business purpose. Vancouver always welcomes its tourist, visitors and investors to come and enjoy their living in comfortable accommodation. For this purpose Vancouver offers variety of accommodation like 2 bedroom suites Vancouver, apartments, condos and other kind of properties. Almost every investor or real estate lover asks a question before investing his/her money on real estate. If you are one of them and looking for some investment in corporate apartments Vancouver, vacation condos Vancouver or any real estate property in Vancouver then you should read this Vancouver real estate news of December 2011:
The 2011 residential and corporate housing Vancouver market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.
The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease from the 35,669 residential sales in 2009. Last year’s home sale total was 6.3 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.
The number of residential properties including listed for sale on the MLS® in Greater Vancouver increased 2.7 per cent in 2011 to 59,549 compared to the 58,009 properties listed in 2010. Looking back further, last year’s total represents a 12.8 per cent increase compared to the 52,869 residential properties listed in 2009. Last year’s listing total was 11.1 per cent above the ten-year average for annual Multiple Listing Service® (MLS®) property listings in the region.
 “It was a relatively balanced year for the real estate market in Greater Vancouver with listing totals slightly above historical norms and sale numbers slightly below,” Rosario Setticasi, REBGV president said.
Residential property sales like apartments downtown Vancouver or corporate suites Vancouver totalled 1,658 in December 2011, a decrease of 12.7 per cent from the 1,899 sales recorded in December 2010 and a 29.7 per cent decline compared to November 2011 when 2,360 home sales occurred.
More broadly, last month’s residential sales represent a 34.1 per cent decrease over the 2,515 residential sales in December 2009, a 79.4 per cent increase compared to December 2008’s 924 sales, and a 12.6 per cent decrease compared to the 1,897 sales in December 2007.
The overall residential benchmark price, as calculated by the MLSLink Housing Price Index, for Greater Vancouver increased 7.6 per cent to $621,674 between Decembers 2010 and 2011. However, prices have decreased 1.5 per cent since hitting a peak of $630,921 in June 2011.
 “Our market remained in a balanced state for most of the year, although higher levels of demand for detached properties in the region’s largest communities caused prices in certain areas to rise higher than others,” Setticasi said. “For example, the benchmark price of a single-family detached home experienced double-digit increases in nine areas within the region over the last 12 months.”
New listings for detached, attached and apartment properties in Greater Vancouver totaled 1,629 in December 2011. This represents a 4.1 per cent decline compared to the 1,699 units listed in December 2010 and a 49.4 per cent decline compared to November 2011 when 3,222 properties were listed.
Sales of detached properties in December 2011 reached 630, a decrease of 18.1 per cent from the 769 detached sales recorded in December 2010, and a 30.2 per cent decrease from the 902 units sold in December 2009. The benchmark price for detached properties increased 11.2 per cent from December 2010 to $887,471.
Sales of residential and corporate apartments Vancouver reached 774 in December 2011, a decline of 4.6 per cent compared to the 811 sales in December 2010, and a decrease of 32.9 per cent compared to the 1,154 sales in December 2009.The benchmark price of an apartment property increased 3.7 per cent from December 2010 to $401,396.
Hope it will be helpful for you to make your decision to buy your property in Vancouver. There are so many websites that offer you many accommodation including 3 bedroom apartments downtown Vancouver, condos and many other Vancouver real estate.