Have you ever fancied living on an island, perhaps even on an island in Australia’s stunning Great Barrier Reef? Look no further than Hamilton Island. The island not only offers a wide range of properties to suit various budgets but there are no restrictions to foreign ownership of residential property! Brilliant! Also no need to fear that your panoramic views might be … spoilt by property developments as they keep a close eye on the building regulations in order to preserve the surrounding environment & stunning views.
Interest in property on Hamilton has been strong over the past few years and investors are said to experience excellent returns on their investments especially in the area of holiday home letting. Current investors of Hamilton have seen an average of 15% capital growth per year for the last 4 years! Nice!
So what can you get for your money? Holiday let accommodation, permanent rental accommodation, vacant land sites and luxury villas with prices ranging from mid $200,000 to $7million (Aussie dollars that is) for luxury apartments and Villas.