Condos in Peggys Cove, Nova Scotia
Breakdown by postal code areas in Peggys Cove:
|B3Z|| 7,173|| 2,447|
Other cities in the area: Middle Sackville, Lower Sackville, Head Of St Margarets Bay, East Dover, Indian Harbour, West Dover, Boutiliers Point, Hammonds Plains
Peggys Cove might have most of their condos on leased land, which may or may not be a problem, depending on the lease. When a condo is on leased land, every month, you must pay a leasing fee in addition to your condo fee. Sometimes this fee is very little, and sometimes this fee is a lot, depending on the location of the condo in Peggys Cove. Regardless of the fee, buying a condo on leased land is a tricky situation. Make sure to research the lease contract before buying, because if the lease is up within the next 30 years, it will be difficult to resell your condo, as there is no guarantee of what will happen after the lease expires.
Peggys Cove, like many communities in the province of Nova Scotia, enjoys a thriving economy and a good standard of living. If you are considering buying or selling
a property in Peggys Cove, check with local real estate professionals for current market information and trends. Doing
some careful research can benefit you in the long run, either by saving you money or possibly increasing the value of your property.
A local real estate agent can also assist you with finding just the right style of home to meet your needs, and the province as a whole offers many options, from the
more affordable detached bungalow to a condominium unit. You may find just what you are looking for in Peggys Cove.
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