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 assessing your needs. Stand-alone homes offer space but require maintenance, while apartments and townhouses are often more affordable centrally but involve body corporate fees.
Options like building, buying off the plan, or relocating a house allow for customisation but have unique risks. Mortgagee sales can be cheaper but are high-risk ventures. For any option, it's crucial to perform thorough due diligence and seek independent legal advice before you commit.
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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