King of the Castle

Have you ever thought about being king of your own castle? Well here’s your big chance, and it comes complete with loyal subjects.

There’s a rural village for sale in New Zealand and if you’ve ever dreamed of having it all, this is the purchase for you. For just $715,000 you can purchase the small village of Otira, located on the country’s south island. And you’ll get your money’s worth. The village includes a hotel, pub, school, railway station and town hall. You will also be responsible for the 18 houses and 40 person population.

Current owner’s Bill and Christine Hennah bought the area in 1998 for $56,000. They say no longer have the energy to run the hotel and are looking for someone who can build up the town again. Christine says there is still a lot of potential to be found in the village and it could be a great opportunity for someone. But if you’re not ready to take on the whole village you do have the option to just purchase the hotel. Every great real estate ruler has to start somewhere.