Real Estate in Tashkent, Uzbekistan
Last updated on Jul 04, 2024
Summary: The average cost of a nice 2 bedroom home in Tashkent, Uzbekistan is around $100,000 USD. A nice 3 bedroom home in Tashkent is around $150,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and modern appliances. Some properties may also include a balcony or terrace. Foreigners are allowed to own property in Tashkent, however, there are certain restrictions. For example, foreigners are not allowed to own land, and they must obtain a special permit from the government in order to purchase a property. The best way for an expat to search for a home to buy in Tashkent is to use a real estate agent or to search online. There are many websites that list properties for sale in Tashkent. The most desirable neighborhoods in Tashkent are Mirzo-Ulugbek, Chilonzor, and Yunusobod. These neighborhoods are known for their modern amenities, safety, and convenience.
How do I find a place to live in Tashkent?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One option for finding a place to live in Tashkent is to search online for rental listings. Websites such as Expat.com, Nestpick, and Spotahome offer a variety of rental listings in the city. Additionally, there are many local real estate agencies that can help you find a place to live in Tashkent. You can also ask around in the local expat community for recommendations on where to look for a place to live. Finally, you can also look for rental listings in local newspapers and magazines," explained one expat living in Tashkent, Uzbekistan.
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What is a typical expat home or apartment like in Tashkent?
"Expat homes and apartments in Tashkent are typically modern and spacious, with high ceilings and large windows that let in plenty of natural light. Many expat homes and apartments come with amenities such as air conditioning, modern appliances, and internet access. Expat homes and apartments in Tashkent are often located in secure, gated communities with access to swimming pools, gyms, and other recreational facilities," explained one person living in Tashkent, Uzbekistan.
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What is the average cost of housing in Tashkent?
If you are thinking about moving to Tashkent, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Tashkent varies depending on the size and location of the property. Generally, the average cost of a one-bedroom apartment in the city center is around $400 to $500 per month, while a two-bedroom apartment can cost up to $700 per month. Prices for larger apartments and houses can range from $800 to $1,500 per month," explained one expat living in Tashkent, Uzbekistan.
Should I buy or rent a home in Tashkent?
If you have not spent a lot of time in Tashkent, 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 Tashkent, it is important to consider your budget, lifestyle, and long-term plans. Buying a home in Tashkent can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to factor in the cost of maintenance and repairs, as well as the cost of a down payment. Renting a home in Tashkent 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 city. Ultimately, the decision to buy or rent a home in Tashkent should be based on your individual needs and preferences," said one expat in Tashkent.
What do I need to know when buying property in Tashkent?
When we asked expats what advice they would give a foreigner before buying a property in Tashkent, they said:
"When buying property in Tashkent, it is important to understand the local laws and regulations. It is also important to research the local market and find a reliable real estate agent who can help you navigate the process. Additionally, it is important to understand the local tax system and any other fees associated with the purchase. It is also important to ensure that the property is properly registered and that all documents are in order. Finally, it is important to be aware of any potential risks associated with the purchase, such as potential environmental hazards or political instability," remarked one foreigner who made the move to Tashkent.
Are foreigners allowed to own property in Tashkent?
When we asked expats what advice they would give a foreigner before buying a property in Tashkent, they said...
"Foreigners are allowed to own property in Tashkent. However, the process of purchasing property can be complex and bureaucratic for non-residents. Foreigners are required to obtain a residence permit, which can be a lengthy process, before they can purchase property. Additionally, they may face restrictions on the type of property they can buy, such as being limited to purchasing apartments rather than houses. It is recommended that foreigners seeking to purchase property in Tashkent consult with a local real estate agent or attorney to navigate the process and ensure compliance with local regulations," said one foreigner living in Tashkent, Uzbekistan.
What appliances are typically included in a rental?
We asked foreigners in Tashkent 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 Tashkent, rental properties typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioning unit. Depending on the property, some landlords may also provide additional appliances such as a clothes dryer, water heater, and/or water purification system," said one expat in Tashkent.
Additional Information about Searching for a Home in Tashkent:
We asked foreigners in Tashkent 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 searching for homes in Tashkent typically begin by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, they can reach out to local real estate agents who are familiar with the area and can help them find suitable properties based on their preferences and budget. Some expats may also rely on word-of-mouth referrals from friends, colleagues, or acquaintances living in Tashkent. Finally, visiting the city and exploring different neighborhoods in person can help expats get a better sense of the local housing market and find a home that meets their needs," said one expat in Tashkent.
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.