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

Settled.govt.nz
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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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Settled.govt.nz Settled.govt.nz