Why bother buying a palatial home when you can have a whole mountain village for the same cash?

Otira, a small West Coast town in the Southern Alps, is on the market for $1 million after owners Bill and Christine Hennah decided it was time
to move on.

The couple bought Otira, population 40, in 1998 after passing through and “feeling sorry for it”.

They paid $80,000 for the hotel, school, railway station, town hall and 18 houses, The Press reported.

The couple, now in their 60s, no longer have the energy to run the hotel while maintaining the building and the township.

They are asking $350,000 for the hotel, or $1 million to take the village as well.