QUARTER OWNERSHIP IS SMART REAL ESTATE

Why tie up all your money in a place you won’t use all of the time?
Quarter ownership gives you the flexibility you want at a price that makes sense. We call it smart real estate. You will own a fee simple quarter ownership oceanfront property registered with Land Titles in British Columbia. Imagine: you get a luxurious vacation villa, with spacious rooms, overheight ceilings, private patios offering spectacular harbour views and exquisitely designed with custom-made furnishings. And all at a quarter of the price! It’s the ideal formula for a successful getaway retreat. No maintenance. No fuss. Yet still with the comfort of owning your own place. Simply put – it’s pure enjoyment!

FREQUENTLY ASKED QUESTIONS

Who will be the owners at Painted boat?

People very much like yourself; people who love what Painted Boat has to offer and are looking for a true investment in lifestyle: the best of vacation home ownership, an affordable and hassle-free revenue generator and personal use of a deep-water marina.

May I buy more than one quarter?

Of course! If you wish to enjoy more than 13 weeks there is no reason why you can't purchase 2, 3, or all 4 quarters. When you do not use your condominium you can rest comfortably knowing that it is being carefully managed for you, There is no "mark up" in price for just purchasing one quarter..

What amenities will Painted Boat have?

We are very excited about the amenity package included at Painted Boat. Moorage for your boat in our deep-water marina, beach, a large outdoor infinity pool with hot tub that overlooks the harbour; a beautiful health and fitness club; a first of its kind on the Sunshine Coast eco-spa and wellness centre with a Zen tent and charming waterfront restaurant.

Will I be able to finance my quarter ownership purchase?

Because you have a registered title to your property you can finance it. Depending on individual circumstances terms will vary.

Must I pay GST on my quarter ownership purchase?

If you plan to make Painted Boat your vacation villa available for rent, you can obtain a GST number and defer the GST in order not to pay the tax upon completion. Contact your accountant for details.

Will I be able to place subjects on my offer to purchase at painted Boat?

All offers must be free of any conditions, so subject offers will not be accepted.

Do I have any warranty coverage as an owner at Painted boat?

Absolutely, under the Travelers Insurance Company, you are protected by one of the most comprehensive third party warranties available in North America.

What does the warranty cover?

A 2 Year Material and Labour Warranty. First 12 month’s coverage for any defect in materials and labour. 5 Year Building Envelope Warranty. 10 Year Structural Defects Warranty.