53 Cotula Way, Papamoa, Tauranga, Bay of Plenty
Tauranga, New Zealand
Guide Price
$1,177,050
1,995,000 NZD
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
3
Description
Discover a rare opportunity to secure an exceptional dual living residence in the prestigious Palm Springs community - one of the Bay's most sought after coastal neighbourhoods. Positioned on a generous 750sqm (approx.) site at the end of a quiet cul-de-sac, this newly built, architectural dual living home delivers privacy, space, and modern luxury. Crafted by an award winning building company and backed by a 10 year Master Builder guarantee, it offers peace of mind alongside premium craftsmanship. Designed for flexibility, the property
features a full size main home paired with a beautifully integrated attached flat - ideal for home and income, extended family, or those wanting a future proofed lifestyle. Each dwelling enjoys its own dedicated driveway, ensuring independence, convenience, and seamless day to day living. The main residence showcases three spacious bedrooms, two elegant living areas, two stylish bathrooms, and an internal access double garage. High ceilings, quality finishes, and thoughtful design create a sense of openness and comfort throughout. The attached flat includes two bedrooms, a generous living area, a modern bathroom, and two off-street carparks - perfect for guests, extended family, BnB, or rental income. Outdoor living is a standout feature, with decking flowing from a covered portico - an entertainer's dream space with room to add a pool (subject to Council consent). The stud height enhances the home's airy feel, while premium comforts such as ducted heating, a gas fire, and an expertly designed Smeg equipped kitchen with walk-in scullery, elevate everyday living. Key
Features: Prestigious Palm Springs
location on a quiet cul-de-sac Large 750sqm (approx.) site with excellent privacy Newly built architectural dual living home Award winning builder plus 10 year Master Builder guarantee Separate driveways for main home and flat Main home: three bedrooms, two living areas, two bathrooms, two car garage Attached flat: two bedrooms, one living area, one bathroom, two carparks Ducted heat pump system plus gas fire Expertly designed kitchen with Smeg appliances and walk-in scullery Master bedroom with ensuite and walk-in wardrobe Covered portico plus decking Space allocated for a future pool (subject to Council approval) Please contact the Harcourts sales consultants below to arrange a viewing. To view property documents in relation to this property, please visit: https://harcourts.net/L38911678
Location
Open in Google MapsLiving in Tauranga
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Rachel Cole - Advantage Realty Ltd (Licensed: REAA 2008) - Harcourts, Papamoa
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD