Real Estate in Atlanta, Georgia
Last updated on May 04, 2023
Summary: The most desirable neighborhoods in Atlanta, United States are Buckhead, Midtown, Virginia-Highland, Inman Park, and Decatur. The average cost to buy a nice 2 bedroom home in Atlanta is around $400,000, while a nice 3 bedroom home can cost around $500,000. These properties typically include modern amenities such as stainless steel appliances, hardwood floors, and updated bathrooms. There are no restrictions on foreign ownership for properties in Atlanta. An expat should search for a home to buy in Atlanta by researching the different neighborhoods, looking at listings online, and visiting the neighborhoods in person to get a better feel for the area. It is also important to work with a real estate agent who is familiar with the area and can help guide the search.
How do I find a place to live in Atlanta?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Came to visit first and looked at several with a real estate broker, always rent in neighborhood before buying, which I did," said one expat who made the move to Atlanta.
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What is a typical expat home or apartment like in Atlanta?
"Town home, typical for most expats is apartment/flat/townhome. Note, a townhome in the states is about the size of a normal street street house in Europe, mine is 2,500sq ft, which is 2 bedrooms/2 bathrooms kitchen dining and living rooms," said one person in Atlanta.
What is the average cost of housing in Atlanta?
If you are thinking about moving to Atlanta, cost of living in probably a key consideration. Expats commented about the cost of housing:
"I would say lower. It is very interesting now with the current rate between euro and dollars," remarked one member in Atlanta.
What do I need to know when buying property in Atlanta?
When we asked expats what advice they would give a foreigner before buying a property in Atlanta, they said:
"When buying property in Atlanta, it is important to research the local market and understand the current trends. It is also important to consider the neighborhood and the amenities it offers. Additionally, it is important to understand the local zoning laws and regulations, as well as the taxes associated with the property. It is also important to consider the cost of living in the area, as well as the availability of public transportation. Finally, it is important to work with a qualified real estate agent who can help you navigate the process and ensure that you are making the best decision for your needs," said one person in Atlanta.
Are foreigners allowed to own property in Atlanta?
When we asked expats what advice they would give a foreigner before buying a property in Atlanta, they said...
"Yes, foreigners are allowed to own property in Atlanta. There are no restrictions on foreign ownership of real estate in the state of Georgia. However, foreign buyers should be aware that they may be subject to certain taxes and fees, such as capital gains taxes, transfer taxes, and other taxes that may apply to the purchase of real estate. Additionally, foreign buyers should be aware of any applicable zoning laws and regulations that may affect the use of the property," said one in Atlanta.
What appliances are typically included in a rental?
We asked foreigners in Atlanta 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:
"Rental properties in Atlanta typically include a refrigerator, stove, oven, dishwasher, and washer and dryer. Some properties may also include a microwave, garbage disposal, and air conditioning unit," remarked one foreigner who made the move to Atlanta.
Additional Information about Searching for a Home in Atlanta:
We asked foreigners in Atlanta 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 looking for homes in Atlanta can search online for real estate listings, contact a local real estate agent, or attend open houses to get a better feel for the area. They can also search for rental properties, such as apartments or houses, and inquire about the availability of furnished or unfurnished units. Additionally, expats can look for housing options in the surrounding suburbs, such as Decatur, Marietta, and Alpharetta, which offer a variety of housing options," wrote one expat who made the move to Atlanta.
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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