10 things you should know before buying an apartment

With Auckland’s heated property market, those hoping to get a foot onto the real estate ladder are increasingly opting to buy an apartment.

Seen as a more affordable option than a stand-alone home, apartments are selling like hot cakes with the latest research report from Colliers showing the Auckland apartment market has had its busiest year since 2009.

But living in an apartment raises different issues to living in a stand-alone house. Once you’ve found an apartment that suits your needs and tastes, there are some specific points about apartment dwelling that you should consider before buying.

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Wynyard Central by Willis Bond & Co.
An artist’s impression of modern apartment life at Auckland’s Wynyard Quarter.

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