Frequently Asked Questions

At PRA Developments we craft beautiful, reliable and affordable homes equipped with modern amenities and surrounded by urban facilities in Christchurch.

We at PRA Developments stand out from other developers in Christchurch because we focus on contemporary designs and sustainable building practices.

When we build our properties, we emphasise on using premium materials and energy-efficient solutions, aiming to create long term value for homeowners.

While browsing the listings on our website, if you come across your ideal home, get in touch with us and our sales team will provide you with all the details.

Buying our property in Christchurch is very simple. Once you have selected a property, our sales team will draft an agreement. You can have your solicitor review it and recommend any necessary conditions. After fulfilling additional requirements like finance or insurance, your solicitor will confirm the contract as unconditional. Submit the agreed deposit, and upon confirmation, you will be given the keys

A conditional contract is when there are certain conditions such as “subject to finance” or “subject to building inspection”. A condition will become unconditional when all the conditions are met and buyers cannot back out anymore

As high end property developers in Christchurch, we are dedicated to constructing properties with modern designs using high-quality materials, and innovative techniques. We ensure our homes are durable and stylish, having energy-efficient solutions and smart technology.

To keep our homes weather-tight, we use high-quality, weather-resistant materials and advanced construction techniques. This includes installing effective insulation, weather-resistant membranes, and high-performance windows and doors. We also ensure there is proper sealing and ventilation to prevent moisture ingress and thermal loss, creating a comfortable and energy-efficient living environment regardless of weather conditions.

Townhouses can be either. Freehold titles mean you own the land and building outright, while unit titles, which are common in multi-unit developments, mean shared ownership of common areas with body corporate fees

Townhouses in Christchurch are popular due to their blend of urban convenience and suburban comfort. They offer modern, low maintenance, stylish living spaces often located at prime locations close to amenities, transport links, shopping centres, schools, and parks

You should consider factors like :

Location

Quality of construction

Design

Amenities available

Your budget

The reputation of the builders.

Yes. We at PRA Developments build townhouses that comply with New Zealand’s Building Code and post-quake safety standards.

13. What additional costs should I budget for besides the purchase price?

Besides purchase price, you should also account for legal fees, LIM reports, body corporate fees (if unit titled), insurance, rates, and maintenance costs.

The parking situation of our townhouses is designed to be both convenient and efficient. Our townhouses feature designated parking spaces, ensuring secure and accessible spots for vehicles. Our well-planned parking solutions integrate seamlessly with townhouse designs, providing ample space while maintaining aesthetic appeal and functionality.

Yes. Buying a townhouse in Christchurch is a good investment due to several factors.

The city’s growing population and ongoing urban development will drive demand for housing, ensuring a steady rental market and potential for property appreciation.

Townhouses offer a low-maintenance lifestyle, appealing to both young professionals and retirees.

With Christchurch’s vibrant economy, infrastructure improvements, and desirable living conditions, investing in townhouses provides a balance of stability and growth potential.

Our newly built homes in Christchurch prioritise the best locations and the best facilities. You can get quick access to urban amenities like schools, parks, hospitals, shopping and recreation centres. We also offer premium contemporary facilities in our homes, including open floor plan, energy efficient installations, parking space, and more.

Yes. All our new builds comply with the New Zealand's Building Code and Christchurch’s post-quake safety requirements. We will further provide a Code Compliance Certificate (CCC) for the property.

When purchasing 2-bedroom property in Christchurch, you should look for:

Check the location to guarantee close access to vital amenities such as hospitals, schools, parks, and shopping centres.

Examine the condition of the property, searching for any indications of deterioration or necessary repairs.

Seek contemporary features like renovated kitchens and bathrooms, energy-efficient components like insulation and double glazing, and ample storage.

Assess the layout for practicality and luxury, including open-plan living areas and outdoor spaces.

Scrutinise the safety of the neighbourhood and its potential for future growth, and review the property’s history, including any renovations, to ensure compliance with all legal and zoning requirements.

Yes. Our 2-bedroom properties are popular with first-time home buyers, downsizers, and investors because they come at lower prices and are easier to maintain as opposed to larger homes.

Besides the purchase price, you should factor in legal fees, building/LIM reports, rates, insurance, and any immediate upgrades the house may need.

Yes. Smaller homes are in demand among young professionals, couples, and small families, making them attractive for both resale and rental markets. Our location and modern features will further boost the value

Current rental yield for investment properties in Christchurch typically range from 4% to 5%, depending on the location and property type. Central areas and popular suburbs tend to offer higher yields. Market conditions, property quality, and demand for rentals also influence these figures.

Homeowners in Christchurch must comply with local building codes and zoning regulations, ensure their property is safe and well-maintained, and pay property taxes. They must also adhere to any homeowners’ association rules if applicable.

Yes. Property investors in Christchurch can get tax deductions for mortgage interest, property management fees, maintenance costs, and depreciation.

For your investment property in Christchurch, consider comprehensive landlord insurance, which covers property damage, loss of rent, and liability claims. Earthquake insurance is also crucial due to Christchurch’s seismic risk. Additionally, contents insurance can protect against loss or damage to fixtures and fittings.

Land value depends on location, zoning, size, services, and demand. You can get a professional to value your land or compare it to recent land sales in your suburb to get a clearer idea before entering negotiations.

Builders may offer competitive prices if your land is suitable for subdivision or multi-unit development. However, they often factor in project costs and profit margins, so offers may differ from retail market value.

Not necessarily. We handle the resource consent and development approvals ourselves after purchase. However, if your land is already subdividable under Christchurch City Council zoning rules, it may increase its market value.

You will need a sale and purchase agreement drafted by a lawyer, and it is wise to check the title, zoning, and any easements or covenants that may affect development.

The land buying process at PRA Developments is very simple. Simply contact us and share the basic details about your land, such as location and size. Our experts will then assess your land based on market trends and other factors. After the assessment, we will present you with a fair, no-obligation offer for your land. If you accept our offer, we will handle the paperwork for a smooth closing process.