The cost of real estate in New Zealand can be compared with developed European countries. Buy housing here is quite expensive. Prices vary depending on the location and quality of the construction object.
In the center of megacities, on the coast of the Tasman Sea or the Pacific Ocean, in the area of ski resorts for the purchase will have to lay out a round sum. In remote regions there is an opportunity to buy housing at a reasonable price.
For example, buy a house in Wellington, depending on the area can be from 350 thousand dollars to 1 million and more. In Auckland, on average in the city one square meter will cost 3 thousand. In Tuaranga prices start at 150 000 dollars for a small house, luxury villa here can cost about 2 million.
How much will have to pay: taxes and maintenance
All homeowners in New Zealand are obliged to pay the city property tax, as well as monthly utility payments for the maintenance and servicing of the house. The amount of these charges depends on the size of the apartment or house, the location and the amenities inside. At times, payments can reach several thousand dollars a year. In order to know the exact amount of taxes and maintenance costs, it is recommended to consult a tax professional.
For example, paying for electricity in a small house will cost an average of $150 per month, water – $50. Due to the fact that the cost of electricity is quite high, many property owners try to dress warmly in the winter to avoid heating the entire house. If heating is still present, it is sometimes turned on locally – in certain rooms of the apartment or house.
