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Buying property in New Zealand

When you move to a new country, purchasing a property can help you feel settled.

Settled.govt.nz
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AI summary

Buying property in New Zealand is generally restricted to residents and citizens. The process varies by sale method, such as auction or negotiation, and an accepted offer is legally binding.

It's crucial to research potential issues, including leaky buildings, problematic materials like Dux Quest piping, and natural hazards. A Land Information Memorandum (LIM) report can help identify risks.

Remember, real estate agents typically work for the seller, so build a support team of professionals for due diligence.

Who can buy property in New Zealand?

The New Zealand property-buying process

When your offer is accepted, you must buy the property

Types of land ownership and housing styles

New Zealand building issues to be aware of

New Zealand’s natural hazards

What you can expect from a real estate agent

Professionals who can support you through the process

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Settled.govt.nz Settled.govt.nz