Real Estate in Rotorua
Because it's a such a popular tourist destination, Real Estate in Rotorua is a steady industry. Motels and B&Bs are big business, so if you just want something residential, head out to the suburbs, away from the fray.
Rotorua Real Estate is some of the most competitive in New Zealand. Because the motel, hotel and B&B industry is so vibrant, good properties, with land, are at a premium. If you fancy running your own guesthouse, though, it's definitely the place to come. Fenton Street, in the CBD, is the Motel Mile. By the lake, houses are a lot more expensive. Other good business opportunities exist further south, in Whakarewarewa, or east by the airport. If you're after something just residential, maybe a holiday home of your own, then Westbrook, Fordlands and Mangakakahi are quiet, but still handy enough for the CBD.