Salt Spring Island Real Estate
Waterfront, Acreage & Oceanfront Properties
Salt Spring Island is known for its waterfront real estate.
The Gulf Islands are home to British Columbia’s most distinguished luxury real estate in the world, as well as an abundance of oceanfront acreage. Even a some of Canada’s finest ranch propertiesare amongst the Gulf Islands.
Salt Spring Island is part of the Southern Gulf Islands (Galiano Island, Pender Island & Mayne Island). All of them part of the Capital Regional District along with the municipality of Greater Victoria—each, in their own right, with their own array of estate properties. (i.e., luxury homes, acreage, etc.,).
Ashort list of oceanview homes, farms, acreage & land for sale (and sold) & waterfront properties below:
Salt Spring and the Southern Gulf Islands have evolved into secondary home/discretionary marketplaces, perhaps since 1999. No one “has to” purchase on a Gulf Island; it’s always by choice. ..
…the activity seen in Vancouver and in Victoria, primary residence/city marketplaces, in 2009 and first half of 2010, has now arrived in rural areas. Properties listed between one and four years are now selling…
The difference? The “reluctant buyer” is starting to become active! Why? Perhaps in recognition of significant price reductions coupled with historically low interest rates? Or, might also be fear of inflation and currency instability that is driving buyers back to secondary home/discretionary purchases, in order to preserve capital?