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Media Coverage
by John Thompson Ground has broken and construction has commenced on the $75 million dollar Watermark Beach Resort. One of few properties of its kind, Watermark rests along 1000 feet of sandy beach on the shoreline of Lake Osoyoos. With over 70% of available Watermark suites sold in a one day event early last October, the on site presentation center is now open and the final phase of marketing is underway. The remaining 30% is expected to sell out before the end of the summer. Located in the heart of Canada's premier wine growing region, Watermark is a four-star, four story, waterfront resort comprised of 123 whole ownership condominium suites and 30 beach front residences. It features many amenities, including retail boutique store fronts along Main Street’s north/south promenade, an upscale restaurant and patio, an elegant pool-side wine and tapas bar, a health club/spa, and a 150-200 seat convention centre. Other luxury amenities include:
The South Okanagan boasts:
Unlike many properties available in the Okanagan, Watermark offers buyers innovative revenue generating opportunities. A simple, easy to finance, whole ownership structure makes it convenient for buyers to purchase their vacation home, while having the property managed by the professional hotel management firm, Boutique Hotels & Resorts of British Columbia. This ownership structure combines the benefits of private real estate ownership with an opportunity to generate revenue when the vacation home is in the optional rental pool. Mr. James Askew, president of rareEarth Project Marketing, the real estate project marketing group hired to represent Watermark says the ability to purchase premium real estate in such a sought after location is what makes Watermark a truly unique opportunity. “Having been involved in the creation and sale of over 1 billion dollars of recreational real estate throughout North America, I can say with confidence that well programmed condominium resort communities, such as Watermark, are an excellent and intelligent way to own recreational real estate.” According to Mr. Askew, Watermark fulfills the three essential criteria that savvy real estate buyers look for in a property prime waterfront location the opportunity to generate revenue to offset ownership costs and luxurious amenities. Watermark’s unique combination of essential elements is attracting buyers from Calgary, Edmonton and Vancouver. With its warm climate, captivating desert setting, beautiful lake and intimate personality, Osoyoos is set to become a dominant player in the Okanagan tourism sector. For additional information regarding the project, click on the logo:  Reprinted from Castanet.net |
