Thread Status:
Not open for further replies.

Anyone Buying Property in New Zealand?

Discussion in 'Buying Overseas Property' started by Jenna, Sep 9, 2007.

  1. Jenna

    Jenna New Member

    Just wondering if any forum members have recenlty brought in NZ and have any comments??

    I have recently purchased a property in NZ. There are some great deals to be found and it was relatively easy compared to other countries.

    My first property I brought was in the captial city of Wellington, this city is very small but people there are very friendly.

    The market at the moment is at a point where it may slow down.

    The stratergy I used for the first property was a flip.

    The average price for property is around the $272,000 (USD) figure.

    There are currently no capital gains tax in this country, which is great!

    What are your comments?
    Last edited by a moderator: Sep 9, 2007
Thread Status:
Not open for further replies.

Share This Page