New Zealand real estate is booming!
Last year house prices experienced a new high, and the first half of this year has seen the median residential house prices climb even further – making it a great time to invest in the property market.
Currently, the most popular way of tapping into the wealth of the property market in New Zealand is through a so called ‘buy and hold’ strategy; you purchase or build an investment property and then rent it out.
Bay of Plenty home builder Stroud Homes has helped many clients over the years to build investment properties that align with their budget and generate the return they’ve hoped for.
For a huge number of New Zealanders – more than 130,000, in fact – owning an investment property is a key part of their wealth creation plans.
Whether it’s a single residential property bought with the aim of creating a secondary passive income to help in retirement, or a growing portfolio that expands year by year, investing in homes just makes sense to many of us.
Given the demand for housing, an investment property can provide a steady stream of passive income, especially if the rental income is more than the monthly repayments and maintenance costs combined.
You can also use your rental income to pay off the mortgage and other expenses of the rental property.
Here at Stroud Homes Bay of Plenty we have done a couple of different types of investment builds; a small dwelling on its own section and small dwellings on the back or front of existing homes.
If you have your own ideas, then we can also help you design your own custom-built home. Many of the homes we build have been designed by our customers who come to us with a clear vision, we just help them to make their dreams a reality.
If you don’t know where to start – contact us today and we’ll take care of it all for you:
It’s your choice and we will help you along every step of the way!
It’s simple really, you start right here at our Display Centre in Tauranga. We have loads of plans and loads of experience.
You can find us located at 415 Cameron Rd, Tauranga or phone 07 55 70020.
Feel free to send a message via Facebook if you have any queries or want to book an appointment.