The market is ideal for those investors:
- Striving for a balanced investment portfolio.
- Wanting to have a holiday home base in the beautiful Queenstown basin with income to offset the cost of ownership.
- Keen on dual income property opportunities.
- Who are playing the long game.
The Queenstown basin and surrounding towns like Arrowtown and Cromwell offer a breath of investment types from sections and new builds in
subdivisions to apartments and units close to town to multi-income properties as well as small to large developments.
The dire predictions for the property values of the likes of Queenstown in COVID-19 times due to its heavy reliance on the tourism sector
has not eventuated and have left several so-called real estate experts very red faced. No mortgagee sales here. Just investors dialling
back rents for a period in the knowledge that when the world opens-up again for international travel, the Queenstown area will be in a
property boom once more, fuelled by high demand from returning Kiwis and international folk wanting a truly safe and beautiful place to
reside, causing rents and property values to rise again above the record figures of late 2019/early 2020.