Should I buy or rent a home in Addis Ababa?
If you have not spent a lot of time in Addis Ababa, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Addis Ababa can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to consider the cost of living in the city, as well as the availability of housing. Renting may be a more cost-effective option for those who are not ready to commit to a long-term purchase. Additionally, renting can provide more flexibility and allow for more mobility if you are looking to move in the near future. Ultimately, the decision to buy or rent a home in Addis Ababa should be based on your individual needs and financial situation," explained one expat living in Addis Ababa, Ethiopia.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
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Should I buy or rent a home in Addis Ababa?
If you live in Addis Ababa, newcomers to Addis Ababa would love to hear your answer to this question.
