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 weighing your needs against the pros and cons of different options.
- Stand-alone homes offer space and privacy but come with higher maintenance costs.
- Apartments/townhouses are often more affordable and central but involve body corporate fees and rules.
- Buying off-plan secures a new build but carries developer and market risks.
- Mortgagee sales may offer a lower price but have significant risks, such as no guarantees on chattels or vacant possession.
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
Author
Discover More
The five places where first-home buyers are winning the most
The five regions where first-home buyers are buying the biggest share of homes in New Zealand.
From an empty paddock at the end of a gravel road, they built an off-grid haven – complete with a Love Bus
A bare paddock became an award-winning off-grid escape with tiny homes, a Love Bus and coastal views.
Search
Other articles you might like
