Real Estate in Kyrgyzstan
Last updated on Jun 10, 2023
Summary: An expat looking to buy a home in Kyrgyzstan should start by researching the local real estate market. They can look for listings online, contact local real estate agents, or attend open houses. Homes in Kyrgyzstan typically include basic amenities such as running water, electricity, and heating. Many homes also have modern amenities such as air conditioning, internet access, and security systems. Foreigners are allowed to own property in Kyrgyzstan, but there are some restrictions. Foreigners are not allowed to own land, and they must obtain a special permit from the government in order to purchase a home. Additionally, foreigners are not allowed to own more than one property in Kyrgyzstan.
How do I find a place to live in Kyrgyzstan?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One way to find a place to live in Kyrgyzstan is to search online for rental listings. Websites such as expat.com, expat-blog.com, and expat-housing.com offer listings of apartments and houses for rent in Kyrgyzstan. Additionally, you can search for rental listings on local classifieds websites such as kyrgyzstan.expatads.com and kyrgyzstan.craigslist.org. You can also contact local real estate agents who specialize in rental properties in Kyrgyzstan. Finally, you can ask friends and family who live in Kyrgyzstan for recommendations," said one person in Kyrgyzstan.
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What is a typical expat home or apartment like in Kyrgyzstan?
"Expat homes and apartments in Kyrgyzstan tend to be modern and comfortable, with many featuring modern amenities such as air conditioning, internet access, and cable television. Most expat homes and apartments are located in the larger cities, such as Bishkek, and are often in close proximity to international schools, restaurants, and other amenities. Expat homes and apartments typically feature spacious living areas, multiple bedrooms, and balconies or terraces with views of the surrounding mountains," explained one expat living in Kyrgyzstan.
What is the average cost of housing in Kyrgyzstan?
If you are thinking about moving to Kyrgyzstan, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Kyrgyzstan varies depending on the location and type of accommodation. Generally, renting an apartment in a city center can be quite expensive, while renting a house in a rural area can be much more affordable. Prices for accommodation also depend on the quality of the property and the amenities offered," said one person in Kyrgyzstan.
Should I buy or rent a home in Kyrgyzstan?
If you have not spent a lot of time in Kyrgyzstan, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Kyrgyzstan can be a great investment, as the country is known for its low cost of living and attractive real estate prices. However, it is important to consider the long-term implications of buying a home in Kyrgyzstan, such as the cost of maintenance and upkeep, as well as the potential for appreciation or depreciation in the value of the property. Renting a home in Kyrgyzstan can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and the ability to move quickly if needed. Additionally, renting can be a great way to get to know the area and decide if it is the right place to settle down," remarked one member in Kyrgyzstan.
What do I need to know when buying property in Kyrgyzstan?
When we asked expats what advice they would give a foreigner before buying a property in Kyrgyzstan, they said:
"1. It is important to research the local laws and regulations regarding property ownership in Kyrgyzstan before making any purchase. 2. It is also important to ensure that the property is legally registered and that all necessary documents are in order. 3. It is advisable to seek professional legal advice when purchasing property in Kyrgyzstan. 4. It is important to be aware of any potential risks associated with buying property in Kyrgyzstan, such as political instability or corruption. 5. It is also important to be aware of any taxes or fees that may be applicable to the purchase of property in Kyrgyzstan. 6. It is advisable to obtain a survey of the property before making any purchase. 7. It is important to be aware of any restrictions or limitations that may be placed on the use of the property. 8. It is also important to be aware of any potential environmental issues that may be associated with the property," said one in Kyrgyzstan.
Are foreigners allowed to own property in Kyrgyzstan?
When we asked expats what advice they would give a foreigner before buying a property in Kyrgyzstan, they said...
"Foreigners are allowed to own property in Kyrgyzstan, but there are certain restrictions. Foreigners are not allowed to own land, but they can own buildings and other types of real estate. Foreigners must obtain a permit from the Kyrgyz government in order to purchase property, and the permit must be renewed every five years. Additionally, foreign ownership of property is limited to a maximum of 49% of the total value of the property," explained one person living in Kyrgyzstan.
What appliances are typically included in a rental?
We asked foreigners in Kyrgyzstan what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Kyrgyzstan, rental properties typically include a refrigerator, stove, oven, and washing machine. Depending on the property, other appliances such as a dishwasher, microwave, and air conditioner may also be included," explained one expat in Kyrgyzstan.
Additional Information about Searching for a Home in Kyrgyzstan:
We asked foreigners in Kyrgyzstan what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Kyrgyzstan by looking online for real estate listings, contacting local real estate agents, and asking other expats for recommendations. They can also search for rental properties on websites such as Airbnb and Booking.com. Additionally, expats can look for housing options in local newspapers and magazines, or by attending expat events and networking with other expats in the area," explained one person living in Kyrgyzstan.
About the Author
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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