Luxury Waterfront Apartments – Can You Live the Dream?

Having the opportunity to purchase a luxury waterfront apartment in Paihia is on many people’s wish list. Paihia is located in the Bay of Islands, New Zealand. This incredible region is one of such natural beauty that once you visit you will find it very difficult to leave.

If you purchase a property you could turn it into an investment in those months that you may not use it. You will be able to generate cash by renting it out to the many tourists who visit this beautiful region, for the great weather and hospitality. There are so many activities to choose from; from going swimming with Dolphins to hiring a kayak to explore the coastal inlets as well as doing all of the usual water sports. With great restaurants, boutique shops and a golf course it is difficult to imagine what else a tourist would need in order to have a fantastic holiday.

If you do not intend using the property as an investment, Paihia is a great place to live. This part of the coast is relatively unspoilt, the waters are safe to swim in and the views are just incredible. In addition to the excellent facilities available locally, you also get a dose of history as the old capital Russell is only a short distance away by ferry.

When choosing which luxury waterfront apartments in Paihia to buy, you should consider a number of factors:

1) Is the price reasonable?
Obviously the type of property you can afford will depend on your budget. You should view a number of different apartments to make sure you are getting the best value for your cash. A property with a sea view, spacious accommodation and some luxury facilities, for example a popular facility is an ensuite.

2) The location
As with any type of real estate investment, location should always be a factor when making a purchase. You may find a real bargain in an as yet underdeveloped area but you should bear in mind that it may be difficult to live in a building zone for the next number of months/years.

3) The facilities on offer
This is particularly important if you intend to use the apartment for investment. Is there a manned reception in the apartment complex? Is there an onsite manager? What facilities are included in the complex. For example, does it have a swimming pool, sauna, gym, parking, or cleaning services?

Buying luxury waterfront apartments in Paihia should not be rushed into. With the right help and advice, you can secure the property of your dreams and perhaps even turn it into a money maker!