Real Estate in Aberdeen, Scotland
Last updated on Jan 01, 2024
Summary: Expats and retirees talk about real estate in Aberdeen, Scotland? How do you find a home in Aberdeen? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Aberdeen?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Aberdeen involves several steps. First, you need to determine your budget. This will help you narrow down your options and focus on areas and types of accommodation that are within your financial reach. Next, decide on the type of accommodation you want. Aberdeen offers a variety of options, including apartments, houses, and shared accommodations. Once you have a clear idea of what you're looking for, start your search. There are several online platforms that can help you with this. Websites like Rightmove, Zoopla, and Gumtree list a wide range of rental properties in Aberdeen. You can also consider hiring a real estate agent. They can provide you with expert advice and help you navigate the local property market. When you find a property you're interested in, arrange a viewing. This will give you a chance to inspect the property and ask any questions you might have. If you're satisfied with the property, you can then proceed to the application process. This usually involves providing references and proof of income. Finally, if your application is successful, you'll need to sign a lease agreement. Make sure you read this carefully and understand all the terms and conditions before signing. Remember, finding a place to live can take time, so be patient and don't rush the process," explained one expat living in Aberdeen, Scotland.
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This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
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What is a typical expat home or apartment like in Aberdeen?
"A typical expat home or apartment in Aberdeen, is often located in the city center or in the suburbs, depending on the individual's preference for convenience or tranquility. These homes are usually fully furnished, featuring a blend of modern and traditional Scottish designs. They often have one to three bedrooms, a living room, a fully equipped kitchen, and one or two bathrooms. Some apartments may also come with a small balcony or a garden. The homes are usually equipped with modern amenities such as central heating, Wi-Fi, and sometimes a dishwasher or washing machine. The living room often features comfortable sofas, a television, and a dining area. The bedrooms usually have a comfortable bed, a wardrobe, and sometimes a desk for work or study. In terms of location, many expats choose to live close to their place of work or study. Those with families may prefer areas with good schools and parks. The West End and Rosemount are popular areas for expats due to their proximity to the city center, shops, and restaurants. In terms of cost, rental prices can vary greatly depending on the location and size of the property. However, most expats find that living in Aberdeen is relatively affordable compared to other major cities in the UK. Overall, expat homes in Aberdeen offer a comfortable and convenient living environment, with easy access to the city's amenities and attractions," remarked one member in Aberdeen.
This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
This is a personal property finding service. I team up with a buyer and help you find the perfect property for your needs. I am your man on the ground and expert in the market. Whatever is important to you will be my mission to bring you what you want without all the stress whilst guiding and protecting you in the process.
What is the average cost of housing in Aberdeen?
If you are thinking about moving to Aberdeen, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Aberdeen can vary greatly depending on the type and location of the property. As of recent data, the average price for a property in Aberdeen is around £150,000. However, it's important to note that detached houses can cost significantly more, while flats or terraced houses might be priced lower. Prices have been affected by the oil industry downturn but are showing signs of stabilization," said one expat who made the move to Aberdeen.
Should I buy or rent a home in Aberdeen?
If you have not spent a lot of time in Aberdeen, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Aberdeen, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Aberdeen for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial stability in the future. However, buying a home also comes with additional costs such as maintenance, repairs, and property taxes. It also requires a significant upfront investment for the down payment and closing costs. Therefore, if you're not ready for these financial commitments, renting might be a better option. Renting a home in Aberdeen offers more flexibility. It's a good option if you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership. Renting can also be more affordable in the short term, as it doesn't require a large upfront investment. However, when you rent, your monthly payments go to your landlord instead of building equity in a property. You also have less control over your living situation, as your landlord can decide to sell the property or increase the rent. In conclusion, both buying and renting a home in Aberdeen have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and future plans before making a decision. Consulting with a financial advisor or real estate professional could also be beneficial," said one person in Aberdeen.
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.