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New Zealand real estate agents are painting an optimistic picture of farming in New Zealand in a bid to attract Britons with the money to purchase farms here.
Bayleys Realty is mounting a roadshow to tour different regions of Britain encourage farmers to buy into a "buoyant rural economy'" the Press newspaper in York reported.
"Our website traffic data records that about 22% of international hits on the Bayleys website come from viewers in the UK," the company's marketing manager, Richard Graham, told the newspaper.
"This figure has been growing during the past few years."
Graham said several economic indicators were now pointing toward a favourable New Zealand property investment scenario for UK residents, including record pay-outs for dairy farmers, and a recovering beef and lamb sector.
"From a foreign exchange perspective, some eight years of a high-valued New Zealand dollar against the British pound is coming to an end, adding to the attractiveness of New Zealand farms as business opportunities," he said.
Graham said this coincided with sky-rocketing rural land prices in Britain and an increasingly difficult and frustrating regulatory environment for British farmers.
The company will take its roadshow to North Yorkshire in October.
