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 needs against different options. A stand-alone home offers space and privacy, while apartments can be more affordable but involve body corporate rules and fees.
Other paths include:
- Building on an empty section
- Buying off-plan for a new build
- Considering a higher-risk mortgagee sale
Each option has unique benefits and challenges, so thorough due diligence and legal advice are 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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