Forest Lakes Country Club :: Nova Scotia, Canada Frequently Asked QuestionsClick the question to view the answer What is the current zoning (classification) of the land?- In July 2008, the rezoning of the land to be developed as Forest Lakes Country Club passed through public and municipal processes and achieved final ratification by the Province of Nova Scotia based on a 'Resort Development Policy'. This is now law and cannot be appealed or changed.
According to the new zoning, Forest Lakes Country Club now has the foundation to submit a detailed resort style development community Master Plan. This will include a spectacular 18-hole golf course, luxury boutique hotel, international conference centre, commercial outlets and many other resort amenities plus a mix of residential dwellings and higher density housing on a variety of plot sizes.
How do I Buy?- Simply contact us and we'll take you through the purchase process.
What about taxes and fees?- The price of the land includes all taxes and fees.
What is the expected capital gain?- The development company confidently predicts that the securing of planning permission should increase the value of the land by up to 100-150%. This prediction is based on competitor analysis with similar recreational style developments in Atlantic Canada.
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This gain is dependent on the initial price paid for the land by each investor. As with all speculative investment, the earlier the participation, the higher the returns.
What is the exit strategy?
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