How to Rent a Home in Bangladesh

Navigating the process of renting a home in Bangladesh for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Bangladesh their home.

"Relocating to a new country can be a daunting task, especially when it comes to finding a place to live. If you're an expat planning to move to Bangladesh, this guide will provide you with all the necessary information about renting an apartment in this vibrant South Asian country. From finding a rental property to understanding the legalities involved, this guide will help you navigate the rental market in Bangladesh with ease.

How do you find a rental property in Bangladesh?

There are several ways to find rental properties in Bangladesh. Online property portals like Lamudi, Bproperty, and Bikroy are popular platforms where landlords list their properties. Local newspapers also have property listings. Alternatively, you can hire a real estate agent to help you find a suitable property. Word of mouth is another effective way to find rental properties, especially in smaller towns and cities.

Does Bangladesh have an MLS type system?

Unlike the US, Bangladesh does not have a Multiple Listing Service (MLS) system. However, online property portals and real estate agencies provide a similar service, offering a wide range of properties for rent across the country.

Do brokers have licenses and how do I know if they are licensed?

Yes, real estate brokers in Bangladesh are required to have a license from the Bangladesh Real Estate & Housing Association (REHAB). You can verify a broker's license by asking to see their REHAB membership card or checking the REHAB website.

Should I buy or rent in Bangladesh?

Whether to buy or rent depends on your personal circumstances and how long you plan to stay in Bangladesh. Renting is generally more flexible and requires less upfront investment, making it a popular choice for expats. However, if you plan to stay in Bangladesh for a long time, buying a property could be a good investment.

Is it difficult to find rentals in Bangladesh?

Finding a rental property in Bangladesh can be challenging, especially in popular areas like Dhaka and Chittagong. However, with the help of a good real estate agent and some patience, you should be able to find a suitable property.

What documents are required when renting an apartment in Bangladesh?

When renting an apartment in Bangladesh, you will need to provide a copy of your passport, visa, and work permit. You may also need to provide a letter from your employer confirming your employment status and salary. The landlord will use these documents to prepare the rental agreement.

Do I need a lawyer when renting an apartment in Bangladesh?

While it's not mandatory to hire a lawyer when renting an apartment in Bangladesh, it can be beneficial. A lawyer can help you understand the rental agreement and ensure that your rights are protected. The cost of hiring a lawyer can vary, but it's generally affordable.

How long is the typical lease for?

The typical lease term in Bangladesh is one year, but it can be negotiated with the landlord. Some landlords may require a longer lease term, especially for furnished apartments.

Do I have to pay a deposit?

Yes, you will need to pay a security deposit when renting an apartment in Bangladesh. The amount is usually equivalent to two to three months' rent, but it can vary depending on the landlord and the property.

What other upfront costs are there when renting?

Other upfront costs when renting an apartment in Bangladesh may include the first month's rent, broker's fee (if you used a broker), and utility connection fees. Some landlords may also require a maintenance fee.

Are utilities included?

Utilities are typically not included in the rent and need to be set up and paid for by the tenant. The cost of utilities can vary depending on usage, but they are generally affordable.

Are furnished or unfurnished rentals more popular?

Both furnished and unfurnished rentals are available in Bangladesh. Furnished apartments usually include basic furniture, a refrigerator, and other kitchen appliances. Unfurnished apartments, on the other hand, come without any furniture or appliances. The choice between furnished and unfurnished depends on your personal preference and budget," said one expat living in Bangladesh.

Expats Talk about How they Found their Home

"Basically my company decided. All expats lived in Gulshan area so we went for same. Baridhara seemed nicer but it was more expensive too. Now they have started construction on high buildings everywhere in both Gulshan and Baridhara and it is quite tough to live in these areas. In a few years these areas will not be so called residential anymore. My company used an agent to see apartments," commented an expat living in Dhaka.

"One of the best ways to find a place to live in Bangladesh is to use online resources such as rental websites, classifieds, and real estate agents. You can also ask friends and family for recommendations. Additionally, you can look for rental postings in local newspapers and magazines. Once you have identified a few potential places to live, it is important to visit the area in person to get a better sense of the neighborhood and to ensure that the property is suitable for your needs," said an expat in Bangladesh.