Buying guide

What is a leasehold property in NZ? Everything you need to know

Owning a property via leasehold works a little differently than freehold. Here’s everything you need to know.

Ben Tutty
Last updated: 12 March 2024 | 5 min read

What does leasehold mean?

Is it safe to buy leasehold property?

The advantages of leasehold property

Auckland's Viaduct has a high concentration of leasehold apartments.

The risks and downsides of leasehold property

Freehold VS leasehold: Which is better?

For most people freehold property is the way to go.

In some rare cases leasehold homes may be ideal

Apartments in Auckland's CBD are often leasehold.

Everything you need to know before buying leasehold property

What happens when leasehold expires?

ALWAYS get expert advice from an experienced property lawyer before buying leasehold property

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Ben Tutty Ben Tutty