New Zealand may be a small country but, with a population of only four million people, it’ s also gloriously uncrowded as Ginetta Vedrickas discovers.
With its remote geographical location, New Zealand was one of the last lands to be inhabited by humans. But you’d never guess it today as high-end buyers head to this beautiful destination in search of their dream homes. Set in the Pacific Ocean, New Zealand consists mainly of two islands, the North, Te Ika-a-Maui and the South, Te Waipounamu, although there are lesser-known, small islands too.
Around one and a half thousand kilometres east of Australia, visitors love the country’s varied topography. Along with soaring mountains and unspoiled beaches there are plenty of urban attractions especially the cities of Wellington and Auckland. New Zealand scored highly in the recent Mercer Quality of Living Survey – Worldwide Ranking. Auckland was 3rd with Wellington in 12th place.
The luxury property market is as varied as the landscape and you find stunning examples of high-end homes scattered across this long thin country. Confidence in New Zealand’s booming economy is attracting buyers keen to cash in on low interest rates and move to a country known for its wide open spaces but many agents attest to a lack of stock thanks to a shortage of land in prime locations.
Bayleys Real Estate’s MD Mike Bayley pinpoints New Zealand’s growing stature as a tourist destination as one reason for the influx of international buyers although he believes this remains a small portion of the market overall. “From an international perspective, our top-end commercial and industrial buildings and dairy productive land have both proved particularly attractive for Chinese investors over the past couple of years,” he explains. “Large scale dairy and sheep and beef holdings are still soughtafter by North American interests, while the Italians and French are ever vigilant to snap up viticulture plantings – particularly blanc in the Marlborough region,” says Mr Bayley, adding that most North American and European buyers prefer remote coastal locations, well away from the metropolitan centres and cities.
He has noticed plenty of NZ$50 million+ purchases over the past 12 months. “Most have been in our biggest city, Auckland, and encompass commercial and retail holdings,” adding that price records have also been set for dairy farms in the milk-producing provinces of Waikato and Canterbury.
Amongst 40 acres of vineyards, this property in the hillside has commanding, unobstructed views over blue waters towards the Sky Tower and Auckland City. The five-bedroom home has 'jaw dropping' views, a 180m2 (approx) courtyard and pool area, stunning living areas inside and out, a full international sized tennis court, 13.8 acres of sloping land, a 17 metre lap pool with kidney shaped swimming pool, around 2,000 vines known as Totara Rise, a games room, designer kitchen with marble bench tops, three-car garaging plus landscaped grounds.
£2.44m / €3.38m / $3.56m
Bayleys +64 9 375 6829
This fully furnished, architecturally designed 1,000m2 home has six bedrooms, three each side of a huge open plan kitchen, dining and living area. This opens out on to massive decks front and back (with outdoor fire place) for all-weather living and entertaining. Complete with 55 acres of prime waterfront land, the property has been planted with thousands of native trees that will mature to add a new dimension to the property in the future. To complete the package there is a separate caretaker's cottage or second home, boat ramp and six tonne mooring.
Offers over £3.m / €4.2m / $4.5m
Bayleys +64 9 402 8088
No expense has been spared on this grand estate on a prestigious 4,363m2 plot of manicured gardens. The 840m2 property is finished to the highest of standards with quality features throughout. Ideal for entertaining, it encompasses multiple, free flowing living areas that transition seamlessly between indoor and outdoor areas, including a sheltered pavilion. Entertaining for all scales is a comfortable reality and includes an underground wine cellar with second dining. All four bedrooms are large and have a different rural view and there is a total of five bathrooms. The master suite features a bathroom with floor to ceiling marble, double shower and spa bath plus a private sitting room. Upstairs is an extensive executive office with its own kitchenette. There is a large indoor heated swimming pool with a sauna, spa, bar, changing rooms and bathrooms, separate four-car garaging and an additional carport for two vehicles.
£1.9m / €2.7m / $2.8m
Bayleys +64 3 375 4700
This article is from the latest International Property & Travel magazine.