You may think that the price of Real Estate in Victoria is expensive. You can still buy a condominium in Victoria for under $300 per sqft. For higher end condominiums you can expect to pay as much as $500 – $1,000 per sqft. We just recently sold one unit in “The Falls” and two units in the prestigious “Bayview”. The Bayveiw offer some of the best views of Victoria’s Inner Harbour.
We asked ourselves, why are Properties In Victoria in such a demand? A recent article published in the Times Colonist written by Agence France-Presse states that in London prime Real Estate sells for an incredible $5,051 per sqare foot. In other words if you purchased a 500 sqft condo you would pay $2.5 million. The runner up for the most expensive Real Estate is Monaco at $4,811 per sqft.
For a complete Victoria Real Estate Market Update you can go to our website www.PropertiesInVictoria.com
If you have traveld recently and want to share some Real Estate Info we would love to hear from you. You can reach us toll free in North America 866-806-0982 or locally at 920-7000 or just send me an email at Anders@PropertiesInVictoria.com
Have a great day. Anders
May 22nd, 2007 at 11:23 pm
[...] Location, location, location Or should we say Victoria, Victoria, Victoria? Location is one of the most important factors in making any real estate purchase. In my opinion, Victoria is one of the best places in the world to purchase real estate, especially when you compare it with other parts of the world. [...]
January 9th, 2008 at 10:22 am
[...] to pay similar prices like other such cities around the world. We discussed this in one of our blogs back in May of 2007Â , and if you compare us to many of these cities around the world we are very [...]
January 17th, 2008 at 8:35 am
[...] is not only Victoria Real Estate that break records. We have written about London England in a few of our blogs before and here we go again. A recent article in the Times Colonist by [...]