Special Tax Exemptions for Investors

The government has confirmed that new builds and off-plan properties will be exempt from the upcoming tax changes for residential property investors. Therefore mortgage interest will likely continue to be deductible as a tax expense, and these properties will also be exempt from the extension of the bright-line test.
New build apartments and terrace homes also often have lower LVR requirements and potentially lower interest rates.
To read a full analysis of all these benefits CLICK HERE.

Buying properties off plan

What are the advantages?

  • Put down initial deposit only – usually 10% of the purchase price
  • Purchase price fixed for the duration of the contract
  • Take advantage of market growth – growth is geared only by the deposit paid
  • Time to plan sale of existing property prior to settlement of your new off plan apartment
  • Time to raise finance
  • No need to compete at auction
  • Record low interest rates & excellent yields
  • Options available for Non resident
  • Low Maintenance and Management input – Minimal input
  • Good facilities – pool, gym, etc.
  • Modern designs and colours, insulation and heating
  • Built under new building code
  • Take advantage of the insatiable demand for new properties
  • Good quality tenants
  • Rental income generally higher on new property
  • Tenancy terms generally longer on new property
  • We can organise management of your new property


How to buy an apartment off the plans by Oneroof.co.nz