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," commented one expat who made the move to Addis Ababa, Ethiopia.

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