Nova Scotia is somewhere I know very little about, but that I plan to investigate more shortly. I’m interested in opportunities where you fund the developer and the development is aimed at the local market. One such opportunity that came along at the wrong time for me was Forest Lakes Country Club. In that opportunity you invest in land (already zoned for building) which helps act as seed money for the developers. They then seek to get planning permission for their project. (The are seeking to develop a Country club. Much of the accommodation built will be detached properties marketed to locals as a lifestyle choice. Land is in commuting distance of Halifax.) Every stage the development takes towards fruition adds value to the land.
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