The province features rolling hills and grasslands reminiscent of England and has a largely English speaking population of British descent, although there is a small French population as well. PEI is probably best known for its famed writer Lucy Maud Montgomery and her character Anne of Green Gables and the ubiquous lobster supper.
PEI offers real estate values unsurpassed in North America. Waterfront property abounds and is priced most reasonably, especially as PEI was named one of the 10 Best Islands in the world. PEI boasts a plethora of waterfront real estate as the coastline is very jagged. It is therefore possible to buy PEI waterfront properties either directly on the ocean, or in more sheltered areas such as the many adjoining bays, inlets and rivers.
Waterfront real estate on PEI currently starts at around $50,000 for a cottage lot, and there are many waterfront developments that offer lots of various sizes that allow you to build the summer home or cottage of your dreams. Alternatively you can buy an existing home on water frontage starting as low as $200,000.
Real estate opportunities on PEI don’t end there however. There are many...