Monterrey, Mexico
Should I buy or rent a home in Monterrey?
If you have not spent a lot of time in Monterrey, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Monterrey can be a great investment depending on your lifestyle and circumstances. If you plan to stay in the area for a long period of time and you like the idea of building equity when making monthly mortgage payments instead of paying rent, buying a home may be the right choice for you. On the other hand, if you are a more transient person, renting a home may be a better option since it does not require a long-term commitment and may be easier to move from one place to another. Ultimately it is up to you to decide which is the better route for your situation," remarked another expat in Monterrey, Mexico.
Other Questions:
- What do I need to know before moving to Monterrey?
- How do I find a place to live in Monterrey?
- What is a typical expat home or apartment like in Monterrey?
- What is the average cost of housing in Monterrey?
- Should I buy or rent a home in Monterrey?
- What should I pack when moving to Monterrey?
- What cultural faux pas should I try to avoid making in Monterrey?
- What advice do you have for expats having a baby in Monterrey?
- What are healthcare services like in Monterrey?
- Is the cost of living in Monterrey high?
- Will I save money living in Monterrey?
- Why do people move to Monterrey?
- What are healthcare services like in Monterrey?
- What are medical services in Monterrey like?
Should I buy or rent a home in Monterrey?
If you live in Monterrey, newcomers to Monterrey would love to hear your answer to this question.
