The benefits of New Zealand
The benefits of buying property in New Zealand - with no Stamp Duty, Land or Capital Gains Tax to pay, investing in Queenstown property is very attractive.*
A home with breathtaking water & mountain views, numerous international ski resorts, golf courses and an award winning wine region nearby and not too far from the action of the big city is the aspiration of many successful business people.
The challenge is however to find such a location. Queenstown, in New Zealand’s South Island, has come into its own in the past three years as the ideal place to invest or purchase a holiday home or retreat. It has been compared to Aspen, in Colorado, 15 years ago. Renowned for its scenic beauty, dominated by the massive Southern Alps mountain range and set beside one of New Zealand’s longest and deepest “glass” lakes, the town is proving an irresistible lure for boutique property collectors from around the world.
The market is very buoyant with many investors discovering the wide range of activities and attractions Queenstown, and the surrounding area, has to offer.
Many factors are influencing the market including the town’s access to some of the best skiing in the southern hemisphere, excellent golf courses, ranked as one of the top 10 most scenic places in the world, a huge fresh water lake for sailing, waterskiing, wind surfing, fishing, some of the worlds best walks and an is extreme sports mecca.
Land is relatively cheap by international standards, and new developments are being built with very high quality finishes and a designer orientation. Access is constantly improving with direct flights from Sydney taking just over three hours and Auckland just under two hours.
The town has a very European flavour and for many people it makes an easy alternative in winter and summer. Queenstown’s permanent population is only 14,000, but the town hosts more than 1 million local and overseas visitors every year.
There are few restrictions for international buyers unless land is over 5ha.
With no stamp duty, land or Capital Gains Tax to pay, investing in Queenstown property is very attractive for investors.*
Belle Property is a leading agency for the sale of premium homes, with offices in Australia and New Zealand. It is a real estate agency dedicated to servicing the lifestyle needs of business professionals trading their large suburban homes for sophisticated city apartments and holiday homes.
The location of Belle Property offices and the style of properties it markets ensure that the company can provide a premium service and with an optimum choice of quality properties.
Belle Property is able to reach overseas and expatriate buyers through our international database of qualified buyers in Singapore, London and Dubai, amongst others.
* Exemptions apply
