New Zealand Town For Sale For Less Than Most NYC Apartments

Are you looking for a new home with an amazing view and plenty of space? You might want to consider moving to New Zealand. An entire town in the South Island is currently up for grabs for a cool $1.8 million. That’s considerably cheaper than a high-rise apartment in New York City.

Lake Waitaki Village in Waitaki, Otago was built in the 1930s to house dam workers in the area. However, the New Zealand town was abandoned in the 1980s, leaving behind a colorful property by the lake. The location has a “refurbished main Lodge with owners accommodation, reception area, billiards room, and formal lounge.” Its idyllic spot places you between the mountains and the scenic Lake Waitaki.

Ready to buy your own little town in New Zealand?

The property also has “eight 3-bedroom houses and a 190 sq/m cafe/bar with rimu and mahogany detailing and full commercial kitchen.” With some renovation, the town can easily be converted into resort or rest stop for outdoor travelers.

“It is located approximately 50 minutes drive from the township of Oamaru in an area renowned for summer holiday fun and water activities,” the description reads.

If you’re not quite convinced just yet, the nearest town also has penguin colonies. This means you’re getting a fantastic view from every angle and have the chance to hang out with penguins any day.

It’s a perfect spot for relaxation and tranquility.

Getting ready to purchase an entire town? It’s only $1.8 million but there’s also a catch. The property is only available to native New Zealanders. The country has reportedly banned foreign housing so only a resident can buy property.

It’s a small price to pay for a scenic little town but it’s certainly a great deal. After all, who wouldn’t want to move to the country that played Middle Earth in the Lord of the Rings films? It might finally be time to move to New Zealand this year.