Oak Bay Beach Hotel in Victoria, Vancouver Island has sold out Phase 3 of its vacation hotel suites, and is now offering special incentives to the first 10 buyers in Phase 4.
The developers of this luxury ocean front hotel and residential condos are offering investment options to keen buyers.
Phase 4 gives the first ten purchasers of one of the waterfront hotel vacation suites a 105% buyback option after 5 years and a lease back contract enhanced by 50% to provide a return on investment at 3.25% annually.
Only 100 of these vacation hotel suites have been made available, and only the first 10 buyers in Phase 4 will receive these additional bonuses.
Owners are entitled to use their unit up to 16 weeks per year, and enjoy all of the amenities of the 5-star ocean front resort. When they are not using the fully furnished suites, owners receive revenue from the hotel’s rental of the suite. The Oak Bay Beach Hotel is hosting its grand opening May 25-27, 2012.

The beachfront Vancouver Island real estate development Qualicum Landing has only 16 homes still available. With the community’s amenities now complete and more than 40 owners enjoying their new Vancouver Island beachfront homes, the developers are building the community out.
There is still time to select floor plans for some lots, but only two ocean view lots remain, and only two of the popular Hollyburn View floor plans are available.
The Qualicum Landing development features an array of amenities for homeowners to enjoy, including 500 feet of walk on waterfront, a sea wall, fire pit on the beach, a multi-use sport court, a community garden and a clubhouse with fitness centre, two heated outdoor pools, two spas, a games room and owner’s lounge.
Qualicum Landing is located just north of the Vancouver Island community of Qualicum Beach, renowned for its warm, sunny beaches and surrounded by stunning nature.

The ocean front real estate development of Silver Spray in Sooke offers Vancouver Island waterfront and view lots for sale. Options at Silver Spray include mountaintop locations with sweeping 270-degree views of the Strait of Juan de Fuca, the Olympic Peninsula’s snow-covered mountains and the sunrise; a westerly sunset vista across the ocean looking up the BC coastline; and views that take in the marine activity coming and going from Sooke Harbour and the twinkling lights of the surrounding communities.
Located only 26 miles southwest of Victoria, Silver Spray offers privacy at the end of a country road, and access to the amenities in nearby Colwood, Langford, Metchosin and Sooke.
The Silver Spray development has been carefully envisioned to include: 127 private residential lots with a broad array of sizes, views and prices; protected designated beach areas; a linear park running north to south through the project; a sheltered marina at the entrance of the Sooke Harbour Basin, and a golf course and resort development.
Phase IV lots are now selling at Silver Spray, with residential lot prices starting at $189,000.

Reef Point Cottages is located on the West Coast of Vancouver Island in Ucluelet, British Columbia, Canada. The Vancouver Island waterfront vacation homes at Reef Point Cottages offer an exciting Ucluelet real estate opportunity.
There are currently two private waterfront cottages for sale. These two bedroom vacation homes offer excellent revenue in the growing resort community of Ucluelet, on the west coast of Vancouver Island near Long Beach and Tofino. These Ucluelet real estate cottages are part of the Reef Point Cottages rental program and the owner is entitled to 6 months personal use each year. The owners can also leave their vacation home in the rental program full-time and earn a return on this hassle free investment.
Reef Point Cottages is located near Tofino, just minutes from Ucluelet’s beautiful pocket beaches or Long Beach in Pacific Rim National Park. The Wild Pacific Trail is on the doorstep of Reef Point Cottages, and is a must see for all travellers to the West Coast of Vancouver Island.
The low maintenance 956 sq ft cottages are finished with teak, marble and slate flooring; granite countertops; and pine wainscotting and ceilings.
Cozy up to the fireplace on those stormy nights or sit in your private hot tub on the oversized covered deck overlooking nature and on to Spring Cove. There is also room in the unfinished basement to add a third bedroom and/or an owner lock-off.
Unit 271 is priced at $299,000, and Unit 273 is priced at $279,000.

Only 15 minutes fromthe city of Port Alberni, on Vancouver Island, The Maples on Sproat Lake is easily accessible, yet provides a beautiful, private and scenic lakefront property for your new vacation home.
Set on the warm waters on Sproat Lake, The Maples vacation homes offer 2 bedroom or one bedroom and den configurations.
All buildings are designed in a West Coast Contemporary style. Cement fibre siding in earth tone colours, cedar shingles on the gables, cedar wrapped posts and beams and ledge stone accents blend beautifully into the natural environment.
Ready and waiting for your family are two lakefront 1,226 sq ft, two-story Vancouver Island vacation homes with two bedrooms and two bathrooms.  As well there are two one-bedroom-plus-den units now ready.
Interiors are designed for a summer cottage feel, but contain all the amenities you are accustomed to.
Every unit includes a full kitchen including stained Maple cabinets and come complete with all appliances. Spacious, open concept main living areas feature tile and engineered hardwood floors with carpet on stairs and bedroom areas. Two full bathrooms and laundry rooms with stackable washer and dryer complete the package.
Both types of units offer a front deck off the main floor of 248 sq ft, as well as a deck off the master bedroom on the second floor.
For more information visit The Maples website.

Excerpted from the Campbell River Mirror

The Silver Spray new real estate development in Sooke on Vancouver Island is now selling Phase IV, featuring 30 new serviced ocean view and parkside estate lots, with prices starting at $189,000.
Silver Spray’s oceanfront development offers the best of southern Vancouver Island living, just 26 miles southwest of Victoria. No other BC oceanfront real estate can match Silver Spray for pristine natural beauty, while being so conveniently accessible from the historic city of Victoria.
This 174-acre community offers serviced residential lots for sale in a park-like oceanfront development. Silver Spray has been designed to include 127 private residential estate lots; a sheltered marina, executive 9-hole golf course, and destination resort & spa. Residential lots in Phases III and IV are now selling. All lots are serviced, sub-divided and ready for sale.

Qualicum Landing, an award-winning new community of beachfront homes near Qualicum Beach on Vancouver Island has only 16 homes left for sale, and only a few oceanview lots still available. With the communities amenities, including a clubhouse and swimming pool, now complete and more than 40 new owners enjoying their new homes, the developers are building out the community.
Now is the time to pick your preferred location and floor plan before they are sold out. As an added incentive for new buyers, Qualicum Landing has already said good-bye to the HST.
There are only two waterview lots left, and only two Hollyburn view floor plans available. Register on the Qualiucm Landing website and learn about their “Make Your Offer” event on these last few homes.

Oak Bay Beach Hotel has released another block of 25 vacation hotel suites for sale in Victoria. In conjunction with this release of 25 units, the newly rebuilt waterfront hotel is offering early buyers a fantastic incentive which pays owners an Enhanced Lease Revenue stream that is nearly double the revenue that was offered in earlier sales phases.
The first 10 purchasers of these luxury vacation hotel suites will earn 3.9% triple net annually for as long as they own the property, with all of the usage benefits. The majority of those 10 units have already been sold and only a few of these waterfront hotel suites remain.
The Oak Bay Beach Hotel has launched a website specific to its real estate sales. In addition to the vacation hotel suites, there a limited number of luxury waterfront condos for sale at the Oak Bay Beach Hotel.
The Oak Bay Beach Hotel sales office, located on the hotel site, is open 10-4 Saturday & Sunday. For those living outside Vancouver Island, Oak Bay Beach Hotel offers a unique Fly and Try program that provides a free getaway to Victoria for those purchasing real estate at the hotel.