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 property, consider your long-term needs. Stand-alone homes offer space and privacy, while apartments or townhouses are often more affordable and central but involve a body corporate.
You can also buy an empty section to build, or purchase off a plan for a new property. Each option has distinct benefits and risks, such as maintenance costs or developer reliability. Thorough due diligence and seeking legal advice are crucial steps before making any purchase decision.
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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