In Australia, in addition to buying apartments and villas, you can also choose to buy a house.

In addition to investment in apartments, villas, and land, you may also see a way to invest: buy a house and build a house. From a literal point of view, it is very simple to purchase land and build a villa. But what is the difference between this type of investment and traditional investment?
What is a land for building?
In Australia, land + villa combinations usually refer to buyers buying land and building a brand new villa. But buyers will be involved in signing two different contracts instead of one.

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Buyers usually sign a land purchase contract with the developer and then sign a house construction contract with the builder. The two contracts are completely independent.
The advantages of land + villa combination
Save stamp duty
Under normal circumstances, the purchase form of the land + villa combination will save the buyer a certain stamp duty. For example, if you buy an apartment or villa in Australia, the stamp duty you pay is the total transaction amount of the price. But if you choose the form of land + villa combination, assuming that the land is worth 600,000 Australian dollars, the construction of the villa needs 500,000 Australian dollars, you only need to pay the land stamp tax, the construction part does not need to pay the stamp duty.

Less initial investment
The purchase of the land + villa combination requires less initial investment and only the amount of the land is paid in the previous period. For the construction of houses, the fees are paid one by one according to the progress of the project, and the buyer can have sufficient time to prepare funds.

Villa design more personalized
The form of land + villa combination is different from that of single-family villas and townhouses: buyers can freely choose builders after purchasing land, and build villas according to their actual conditions and requirements.

The general construction company will give you a basic plan. You can increase or decrease your demand on this basis, depending on the style of the villa and your requirements for the house. For example, if you want to upgrade the kitchen brand, use a better quality rug, or add a sidewalk to the garden, there will be an extra charge.
Precautions
Like other real estate transactions, buyers need their own lawyers to communicate with developers and builders to protect their legal rights.

If the villa is not built immediately after the purchase of the land, the owner is obliged to maintain the cleanliness of the land, such as weeding, cleaning up the garbage and other daily care. Otherwise, it may receive a municipal fine.

 

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Be careful about choosing a builder. Before building a house, you need to carefully check the details of the decoration and the list of building materials. If the builders have displayed model houses, they can go and visit them, which will greatly help the design style and material selection of the villas.

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