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 long-term needs and priorities.
Stand-alone homes offer space and privacy, while apartments are often more affordable but involve body corporate fees. Other options include building on a section, buying off-the-plan, or considering a mortgagee sale. Each has unique benefits and risks, from construction delays to legal uncertainties.
Thorough due diligence and seeking legal advice are crucial steps to ensure you understand the specific considerations for any property type you choose.
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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