Should I buy or rent a home in Siargao Island?

"The decision to buy or rent a home in Siargao Island, depends on your personal preferences, financial situation, and long-term plans. If you plan to stay in Siargao for an extended period and have the financial means, buying a home can be a good investment. Owning a property allows you to build equity, customize your living space, and potentially earn rental income if you decide to rent it out when you're not using it. Additionally, Siargao is a popular tourist destination, so property values may appreciate over time. On the other hand, renting a home in Siargao offers more flexibility and fewer responsibilities. If you're unsure about your long-term plans or don't want to commit to a large financial investment, renting allows you to experience living on the island without the commitment of homeownership. Renting also means you won't have to worry about property maintenance, taxes, and other expenses associated with owning a home. Ultimately, the choice between buying and renting a home in Siargao Island depends on your individual circumstances and preferences. Consider factors such as your financial stability, long-term plans, and desire for flexibility when making your decision," remarked another expat who made the move to Siargao Island, Philippines.