Coastal property still achievable for under half a million
It could still be possible to make the dream of owning a bach at the beach a reality for less than half a million dollars – you just have to choose your location carefully. Baches have become hot property in New Zealand amid Covid-19’s international travel restrictions, and a generally buoyant property market. However REINZ chief executive Bindi Norwell says, even in today’s market, you should be able to buy a bach near ski fields, on the waterfront or in national park areas, and that it’s “readily attainable for under half a million dollars” in a number of locations.
Source: stuff.co.nz