In the cutthroat property industry, developers are constantly seeking ways to outperform their competitors. Thankfully, with the rise of proptech, you can leverage tech tools to plan, manage, and streamline your projects, while gaining a competitive advantage.
Creating a property development budget is crucial to the success of your project, as it allows you to accurately estimate costs and avoid unexpected expenses. Whether you’re in the initial planning stage or preparing to present cost estimates to your bank, following these guidelines and tips will help you create a detailed and realistic budget.
2022 presented a mix of challenges and opportunities for the property development and construction industry. Despite the efforts to overcome pandemic-related delays, labor shortages, supply chain disruptions, and rising material costs posed significant hurdles.
Flipping houses, also known as property trading, has become increasingly popular in New Zealand. It may seem glamorous and lucrative, but it’s important to navigate the potential pitfalls.
Development finance refers to the financing of residential, commercial, and industrial property developments, including construction projects. It typically involves obtaining loans for land purchases and staged payments for development costs.
Property development is not without risks, but with proper preparation, you can minimize potential pitfalls and increase your chances of success.
With the imminent changes to housing density regulations, many New Zealanders are considering venturing into property development. However, property development is not suited for everyone, as it requires a specific set of skills.
Discover the role and benefits of a mortgage broker in New Zealand. We provide detailed information on what mortgage brokers do, their advantages, potential drawbacks, and tips for finding the right broker for your needs.
Understand the key facts about house insurance to ensure you have the right coverage. We provide insights into policy coverage, exclusions, changes in circumstances, cost factors, and money-saving tips.
Whether you’re buying or selling property in New Zealand, understanding conveyancing is crucial. Discover the process, find the right professional, and learn about fees in our comprehensive guide.
Learn about rateable value in relation to property assessment and council rates in New Zealand. Discover how it differs from market value, factors influencing rateable value calculation, and methods to determine your home’s market value.
Discover the pros and cons of owning a leasehold property in New Zealand. Learn about the differences between leasehold and freehold, understand the risks involved, and find essential questions to ask before making an offer.
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