For years now Canada has been a welcoming place for ex-pats from all over. Many great Canadian cities welcomed whole families and seasoned professionals looking for work. However, with the Covid pandemic, the influx of people slowed down. the demand for real estate ceased and the market almost came to a halt. But not all of the market. It seems that since the mid-2000s the real estate market in Newfoundland has never had any issues. Today the situation has not changed. People are still finding reasons to buy a vacation home in Newfoundland. So, if you are also interested let’s see what these reasons might be.Read more: 9 Reasons to Buy a Vacation Home in Newfoundland, Canada
Who is buying property in Newfoundland?
At the beginning of the 21st century, Newfoundland had strong economic growth. Three oil fields in that area opened up fueling the economy and bringing many professionals to the area. This in turn caused a rise in demand for housing and the market has been growing ever since. The buyers were predominantly Canadian citizens moving in from other provinces. Some decided to buy property as their second home. But the influence of ex-pats and newcomers was also felt. Also, many professionals with families that moved in for the oil business decided to buy property. Being a tourist destination the area’s natural beauty attracted a lot of people from all over the world.
However, the beauty and seclusion of Newfoundland least them buy much more than postcards and tourist arrangements. Many decided to buy property. Today it seems to be a good investment. So, if you are wondering why they are investing here you should look no further. Here we will cover some of the reasons to buy a vacation home in Newfoundland. After you decide to invest in property here you can contact local expert crews at your disposal to handle your long-distance relocation here. Movers will be able to relocate you to your new vacation home in no time and with ease.
What does Newfoundland have to offer?
Canada as a whole is an attractive destination for its beauty, nature, safety, and people. However, there are certain parts of the country that stand out. Today they are from an attractive tourism destination becoming a place to live or buy a first vacation home. The predominant reasons for Newfoundland drawing a lot of attention are:
- Natural beauty
- History and heritage
- Modernity and culture
- Sense of community
- Home Affordability
- Things to do
- Runaway to the edge of the world
the wildlife in the Newfoundland area is very diverse. First, the extensive coastline offers easy access to marine wildlife, particularly whales. There are over 22 species of whales here. Most popular for whale watching are humpback whales that you can see almost all year round. This area is also great for birdwatching. Species you can find here are eagles, ospreys, and puffins.
Local cuisine in Newfoundland is astonishing. The sea and untouched nature provide some of the best quality marine life. This makes a great base for the majority of local dishes that excel in quality and taste. The area is well known for its food and many restaurants that provide an unparalleled dining experience. you can find anything from cod fish, poutine, and moose burgers.
Newfoundland is one of the places that justify Canada’s reputation as being a place of immense beauty. Newfoundland certainly offers plenty of spots that provide beautiful views and vistas of unparalleled beauty. Butter Pot Provincial Park is one of the places to enjoy a day in nature. East Coast Trail on the other hand offers stunning views of the coastline and the ocean. In addition, there are numerous waterfalls that are simply awe-inspiring. Once you move here you have to visit Hopeall Falls, Flat Rock Falls, and many great hiking areas with incredible views.
History and heritage
Newfoundland province is one with great and long history and heritage. It is a great place to visit and learn more about the thousand-year-long history of the area. the exhibits shown here cover the history of the Inuit, Innu, and Metis people. The history exhibits and lessons also cover the days of the first settlers and the development of the area. You can spend some time visiting the local lighthouse, John Geo Center, and an ancient history museum. These facilities offer a closer look at the chronicle of the formation of continents as well as at the uniqueness of the Newfoundland area.
Modernity and culture
Newfoundland is a mixture of cultures and nationalities. Indigenous Innuits, descendants of French, Irish, and English settlers all live here providing a unique mixture of cultures. All of this is represented by numerous stories, dances, and crafts that are presented each year during the summer and annual festivals. The area is modern but also nurtures the history and culture that was built here over time.
Sense of community
There is a strong sense of community in Newfoundland. Here there is a mixture of people from different backgrounds. However, they easily communicate and tend to create tight-knit relationships and lasting bonds. One of the staples of the local community is the care for the area and the protection of its environment.
Newfoundland is more affordable than other cities in Canada. The cost of living here is well below the national average. Homes for sale are asl much lower making the area a perfect place to invest and buy property nf as a second vacation home.
Things to do
As already stated there is a lot to see and experience here. Whether you are in for a bit of culture or history you are bound to have a great time here. You also have the option of many outdoor activities like hiking whitewater rafting, fishing, and photography. The coastline also provides a perfect opportunity for divers to explore more than 8000 shipwrecks located in Conception Bay.
Runaway to the edge of the world
Once you buy your vacation house you can bast yourself for living at the edge of the continent. Newfoundland is the easternmost province in Canada while Cape Spear is the easternmost point of the continent. You really will feel like standing on the edge of the world here.
There are many reasons to buy a vacation home in Newfoundland
There is a lot this area has to offer. if you research some of the many reasons to buy a vacation home in Newfoundland. You will certainly find one. After that, it is only a matter of time and money until you buy your own place here.
Lisa Roberts has been engaged in writing blog articles for the last 7 years. Although she started off her career in the moving industry, her experience brought diversification to the content topics she covers. Today, her range of topics spans from moving across the globe to everyday lifestyle tips, marketing, real-estate news, etc. In her spare time, Lisa enjoys running, reading books and spending time with her dogs Lue and Sill. As a great lover of life, she finds something practical and useful in every experience, which contributes to her portfolio as well.