Should I buy or rent a home in Guayaquil?
If you have not spent a lot of time in Guayaquil, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Guayaquil can be a good option if you plan on staying in the city for a long period of time. With historically low interest rates, the cost of financing a home can be quite affordable. If you are new to the area and still unsure of where you want to settle down, renting a home can be a more attractive option. Renting also requires fewer upfront costs and more flexibility as you get to know the city. Ultimately, it depends on your individual situation and your goals for the future," remarked another expat who made the move to Guayaquil, Ecuador, Ecuador.
Other Questions:
- What do I need to know before moving to Guayaquil?
- How do I find a place to live in Guayaquil?
- What is a typical expat home or apartment like in Guayaquil?
- What is the average cost of housing in Guayaquil?
- Should I buy or rent a home in Guayaquil?
- What should I pack when moving to Guayaquil?
- What cultural faux pas should I try to avoid making in Guayaquil?
- What advice do you have for expats having a baby in Guayaquil?
- What are healthcare services like in Guayaquil?
- Is the cost of living in Guayaquil high?
- Will I save money living in Guayaquil?
- Why do people move to Guayaquil?
- What are healthcare services like in Guayaquil?
- What are medical services in Guayaquil like?
Should I buy or rent a home in Guayaquil?
If you live in Guayaquil, newcomers to Guayaquil would love to hear your answer to this question.