Property Ownership

Property ownership types explained for holiday home buyers

Freehold vs Leasehold vs Strata: Property Ownership Types Explained for Holiday Home Buyers

When buying a holiday home, it is easy to focus on the view, the beach, the deck, the furniture and the lifestyle. But one of the most important things to understand is the ownership type. In simple terms: What are you actually buying? Are you buying the land and building outright? Are you buying an apartment inside a shared building? Are you buying a long-term lease? Are there body corporate...