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
When buying a home, consider your long-term needs and the right property type for you. Stand-alone houses offer space but require maintenance, while apartments are affordable but involve body corporate rules.
Building new or buying off-plan provides a modern home but has risks like construction delays. Mortgagee sales can be cheaper but come with significant uncertainties. Regardless of the path you choose, performing thorough due diligence and seeking legal advice is essential for a successful purchase.
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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