Phase I
We are now 80% SOLD OUT in Phase I. There are only 8 suites left available FOR SALE. Since the release of the Phase II price list, sales and interest has certainly increased. We are still offering the Spring Special on Phase I, $10,000.00 off the listed prices as well as only 5% down instead of the standard 10%.
Consider this ...
Suite 103 in Phase I is available for $300,00.00.
Suite 103 in Phase II is available for $335,000.00
You have already made $35,000.00.
Suite 103 in Phase III should be approximately $375,000.00
You will have made another $40,000.00.
Suite in Phase IV should be approximately $420,000.00
You will have made ANOTHER $45,000.00.
These price estimations are based ONLY on cost of construction price increases; they do not include natural real estate increases.
Buy today in Phase I and by Phase IV your
suite should appreciate by at least $120,000.00.
That’s a pretty good return on investment in my books.
Construction update
The construction is continuing on an excellent pace, with everything "On Schedule and On Budget". Possession for most suites is still scheduled for June 30, 2007. As promised, our Show Suite, 107, will be ready for our Grand Opening on Saturday April 14th. We will be open from 12pm to 4 pm with an On Site Radio Broadcast and free hot dogs and pop supplied by the Penticton Dragon Boat team for all. We will be taking tours through Phase I and our show suite, please join us - I promise you will be impressed!
Phase II
Sales and interest are moving along very nicely. As previously mentioned, all suites are on a "first come first served" basis, the prime suites will certainly be the first to go. To avoid disappointment, please make your selection early. As an extra incentive for a limited time only, we will offer a free appliance upgrade - a savings of $3100.00!
Construction for Phase II has officially begun, with excavation started as of April 5,2007. Possession date for Phase II will be June 30,2008.
Road Show
We are bringing The Verana Okanagan to you! We will be setting up a booth (#8) at the Edmonton Recreational Property Show on Saturday, April 21, from 10am to 6 pm. The show is being held at the Mayfield Conference Centre (trade centre hall A, B, and C) located at 16615 109th Avenue in Edmonton. Please come to the show and we will show you what The Verana Okanagan and Penticton are all about.
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