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Posted by bears123 on November 22nd, 2018

While the prices for the real estate in New Zealand dipped in the first 2 months of 2010 Cheap Scott Harrington Jersey , it recovered quickly in the later months. Statistics for the New Zealand real estate for sale shows that prices for the houses were up by about 4.8% on a YOY in April 2010. Auckland has seen the highest jump and the prices in April 2010 were up to near about 7.4%.

Non residents are allowed to purchase the New Zealand estate for sale. However buying the New Zealand real estate doesn’t make them eligible to live permanently in New Zealand. The investment in New Zealand real estate is extremely attractive and the prices are still about US00 approximately per square meter. This translates as a yield of around 7% for the investor especially for the real estate in New Zealand located in Auckland and other cities.

New Zealand is considered to be an extremely stable country Cheap Sam Gagner Jersey , with strong economic fundamentals and very high rate of immigration and most investors are happy to get these conditions when they invest long term in the real estate. In Auckland currently, a 50 square foot apartment will cost the investor US$ 250,400. While the prices for the real estate in New Zealand for other cities such as Wellington and Christchurch are also quite high. While the New Zealand rentals for Christchurch are not as attractive as Auckland and stand at around 4% only.