Real Estate in Liechtenstein
Last updated on Feb 06, 2024
Summary: An expat looking to buy a home in Liechtenstein should begin by researching the local real estate market. There are a variety of websites and real estate agents that can provide information on available properties. Additionally, expats should consider attending local real estate events and open houses to get a better sense of the market. Foreigners are allowed to purchase property in Liechtenstein, however, they must obtain a residence permit from the government in order to do so. Homes in Liechtenstein typically include modern amenities such as central heating, modern kitchens, and updated bathrooms. Many homes also feature balconies or terraces with stunning views of the surrounding mountains.
How do I find a place to live in Liechtenstein?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"The best way to find a place to live in Liechtenstein is to search online for rental listings. There are a variety of websites that offer listings for apartments, houses, and other types of rental properties in Liechtenstein. Additionally, you can contact local real estate agents who specialize in rental properties in the area. You can also look for rental listings in local newspapers and other publications. Finally, you can ask friends and family who live in Liechtenstein for recommendations," said one person in Liechtenstein.
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What is a typical expat home or apartment like in Liechtenstein?
"Expat homes and apartments in Liechtenstein tend to be modern and comfortable, with plenty of amenities. Many expats choose to live in the capital city of Vaduz, which offers a variety of housing options, from traditional chalets to modern apartments. Expats can also find homes in the smaller towns and villages of the country, which offer a more rural lifestyle. Most expat homes and apartments come with modern appliances, such as washing machines and dishwashers, as well as internet access. Expats can also expect to find plenty of storage space, as well as balconies or terraces with stunning views of the surrounding mountains," said one expat in Liechtenstein.
What is the average cost of housing in Liechtenstein?
If you are thinking about moving to Liechtenstein, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Liechtenstein is generally quite high, with prices for apartments and houses ranging from moderate to expensive. Renting an apartment in Liechtenstein can cost anywhere from a few hundred to several thousand euros per month, depending on the size and location. Buying a house in Liechtenstein can be even more expensive, with prices ranging from a few hundred thousand euros to several million euros," said one expat in Liechtenstein.
Should I buy or rent a home in Liechtenstein?
If you have not spent a lot of time in Liechtenstein, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"When deciding whether to buy or rent a home in Liechtenstein, it is important to consider your financial situation, lifestyle, and long-term goals. Buying a home in Liechtenstein can be a great investment, as property values tend to appreciate over time. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Liechtenstein can be a more affordable option, and it can provide more flexibility if you are not sure how long you will be living in the country. Ultimately, the decision to buy or rent a home in Liechtenstein should be based on your individual needs and preferences," said one expat in Liechtenstein.
What do I need to know when buying property in Liechtenstein?
When we asked expats what advice they would give a foreigner before buying a property in Liechtenstein, they said:
"When buying property in Liechtenstein, it is important to be aware of the country's laws and regulations. It is also important to research the local market and understand the costs associated with purchasing property. It is also important to be aware of the tax implications of owning property in Liechtenstein. It is also important to be aware of the local customs and culture when buying property in Liechtenstein. It is also important to be aware of the local infrastructure and services available in the area. Finally, it is important to be aware of the legal requirements for purchasing property in Liechtenstein, such as obtaining a permit from the local government," said one in Liechtenstein.
Are foreigners allowed to own property in Liechtenstein?
When we asked expats what advice they would give a foreigner before buying a property in Liechtenstein, they said...
"Yes, foreigners are allowed to own property in Liechtenstein. The country has a liberal foreign investment policy, and foreign nationals are allowed to purchase real estate in Liechtenstein without any restrictions. However, they must obtain a residence permit in order to purchase property in Liechtenstein. The residence permit is granted by the government and is based on the applicant's financial situation and other criteria," said one expat in Liechtenstein.
What appliances are typically included in a rental?
We asked foreigners in Liechtenstein 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 Liechtenstein, rental properties typically include a refrigerator, stove, oven, dishwasher, and washing machine. Depending on the property, other appliances such as a dryer, microwave, and garbage disposal may also be included," explained one expat in Liechtenstein.
Additional Information about Searching for a Home in Liechtenstein:
We asked foreigners in Liechtenstein 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 Liechtenstein by looking at online listings, contacting local real estate agents, and networking with other expats who may have knowledge of available properties. Additionally, expats can attend open houses and viewings to get a better sense of the local housing market," said one foreigner living in Liechtenstein.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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