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 requires weighing your needs against the pros and cons of each type. Stand-alone homes offer space but require significant maintenance, while apartments and townhouses can be affordable and central but involve body corporate rules and fees.
Other options include building new, buying off-plan, or considering a high-risk mortgagee sale. Regardless of your choice, performing thorough due diligence and seeking legal advice is critical to making a sound investment.
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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