Buying guide
Considering your property options
How do you choose which property type is best for you? Here are some tips from the team at Settled.govt.nz
AI summary
Choosing the right property involves weighing your current and future needs. Stand-alone homes offer space but require maintenance, while apartments and townhouses can be more affordable centrally but involve body corporate fees.
Other options include building on a section, buying off-plan, or considering a riskier mortgagee sale. Each path has unique benefits and drawbacks, so thorough due diligence and legal advice are essential before making a commitment to purchase any property.
Some important things to know
Buying a stand-alone home
Buying an apartment or townhouse
Buying an empty section
Buying off plan means you get a brand new home without wear and tear, but there are potential risks.
Buying off a plan
Buying a mortgagee sale property
Relocating a home
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