Whistler and Pemberton are very unique in that there are several different property types available for purchase in these areas. The list below provides a broad overview of these and I would encourage you to contact me and discuss your needs so we can determine the best type of property for you.
STANDARD RESIDENTIAL ZONED PROPERTY
Standard residential properties are predominantly found in the subdivisions surrounding Whistler and Pemberton. These can be condo's, townhomes, duplexes and single family homes. Some may contain revenue generating rental suite (or mortgage helpers) and the zoning for these homes allows for monthly rental and/or full owner use.
NIGHTLY RENTAL ZONED PROPERTY
Nightly rental properties in Whistler are comprised of 2 types: Phase I and Phase II
Phase I properties offer the great amount of flexibility. They offer the option of nightly, weekly, monthly rentals and/or full owner use. Owners who decide to use their phase I property for nightly rentals have the option to self manage the property (marketing, bookings and cleaning) or can choose to utilize a property management company to handle some or all of these. The majority of Phase I properties can be found in Whistler Village and in the Benchlands on Blackcomb.
Phase II properties typically constitute the hotel style of property we find in the Village. While these too are freehold, full ownership properties, there is a restriction on the maximum number of days an owner can use their unit. This amount is limited to 28 days in the winter and 28 days in the summer. The rest of the time the unit is placed in a nightly rental pool to generate revenue and is managed by an on-site rental company. Phase II properties include the Delta Whistler Village Suites, the Westin, Pan Pacific and Four Seasons.
Fraction or Shared ownership encompasses timeshare through to 1/4 share ownership. Timeshare gives an owner 1 week a year (typically the same week every year) and 1/4 share offers 1 week a month. 1/4 share is based on a rotational schedule which will guarantee an owner a Christmas or New Year's week once every four years. When not being used for personal use an owner may rent their week out. Fractional ownership offers a good foot in the door of the local Whistler market with the potential to generate revenue.
As you can see, there are a variety of property types to choose from. Contact me to learn more about the one that would work best for you.