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Expat Exchange - How to Rent a Home in Bosnia & Herzegovina
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How to Rent a Home in Bosnia & Herzegovina

By Betsy Burlingame

Universal Tax Professionals
Universal Tax Professionals

Summary: Renting a home in Bosnia & Herzegovina for the first time can be daunting. You probably have so many questions: Do I need a lawyer? Do rentals come with appliances? How do I find good rentals? How do I choose the right neighborhood? The list goes on and on. Here are answers to some of the top questions plus insight from our members living in Bosnia & Herzegovina.

Navigating the process of renting a home in Bosnia & Herzegovina 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 Bosnia & Herzegovina 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 planning to move to Bosnia & Herzegovina, this guide will provide you with all the necessary information about renting an apartment in this beautiful country. From finding a rental property to understanding the legalities involved, this guide will help you navigate the rental market in Bosnia & Herzegovina with ease.

How do you find a rental property in Bosnia & Herzegovina?

There are several ways to find rental properties in Bosnia & Herzegovina. Online property portals are a popular choice, with websites like OLX.ba and Indomio.ba offering a wide range of listings. Local newspapers also have property listings, and word-of-mouth can be a useful tool, especially in smaller towns and cities. Hiring a real estate agent can also be beneficial, as they have extensive knowledge of the local market and can help you find a property that suits your needs and budget.

Does Bosnia & Herzegovina have an MLS type system?

Bosnia & Herzegovina does not have a Multiple Listing Service (MLS) system like in the United States. Instead, real estate agencies and online portals maintain their own databases of available properties. This means you may need to check multiple sources to get a comprehensive view of the rental market.

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

Real estate brokers in Bosnia & Herzegovina are required to have a license. You can verify a broker's license by asking to see it or by checking with the Chamber of Commerce and Industry of Bosnia & Herzegovina. It's important to ensure that you're dealing with a licensed broker to protect yourself from potential scams.

Should I buy or rent in Bosnia & Herzegovina?

Whether to buy or rent depends on your personal circumstances, such as your financial situation, how long you plan to stay in the country, and your familiarity with the local property market. Renting can be a good option if you're new to the country or planning a short stay. Buying might be more suitable if you plan to stay long-term and have a good understanding of the property market.

Is it difficult to find rentals in Bosnia & Herzegovina?

Finding a rental in Bosnia & Herzegovina can be challenging, especially in popular cities like Sarajevo and Mostar where demand is high. However, with patience and the help of a good real estate agent, you should be able to find a suitable property.

What documents are required when renting an apartment in Bosnia & Herzegovina?

When renting an apartment in Bosnia & Herzegovina, you'll typically need to provide a copy of your passport, proof of income or employment, and a reference from a previous landlord. You'll also need to sign a lease agreement, which outlines the terms and conditions of the rental.

Do I need a lawyer when renting an apartment in Bosnia & Herzegovina?

While it's not mandatory to have a lawyer when renting an apartment in Bosnia & Herzegovina, it can be beneficial. A lawyer can review the lease agreement to ensure it's fair and legal, and can help you understand your rights and responsibilities as a tenant. Legal fees can vary, but you can expect to pay around 100-200 BAM for a basic lease review.

How long is the typical lease for?

The typical lease term in Bosnia & Herzegovina is one year, but it can be shorter or longer depending on the agreement between the landlord and tenant. It's important to discuss the lease term with the landlord before signing the agreement.

Do I have to pay a deposit?

Yes, it's standard practice in Bosnia & Herzegovina to pay a security deposit when renting an apartment. The deposit is usually equivalent to one or two months' rent and is refundable at the end of the lease, provided there are no damages to the property.

What other upfront costs are there when renting?

In addition to the security deposit, you'll also need to pay the first month's rent upfront. If you're using a real estate agent, you may also need to pay a broker's fee, which is typically equivalent to one month's rent.

Are utilities included?

Utilities are usually not included in the rent and are the responsibility of the tenant. This includes electricity, water, heating, and internet. The cost of utilities can vary depending on the size of the apartment and the number of occupants, but you can expect to pay around 100-200 BAM per month.

Are furnished or unfurnished rentals more popular?

Both furnished and unfurnished rentals are available in Bosnia & Herzegovina. Furnished apartments typically include basic furniture and appliances, such as a bed, sofa, refrigerator, and stove. Unfurnished apartments may not include any furniture or appliances. The choice between furnished and unfurnished depends on your personal needs and preferences," said one expat living in Bosnia & Herzegovina.

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Expats Talk about How they Found their Home

"The best way to find a place to live in Bosnia & Herzegovina is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of accommodation in the country. Additionally, you can also search for real estate agents in the area who can help you find a suitable place to live. Additionally, you can also ask friends and family who live in the country for recommendations," commented an expat living in Bosnia & Herzegovina.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


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AGS Worldwide Movers

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