Should I buy or rent a home in Cebu?
If you have not spent a lot of time in Cebu, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Cebu can be a great investment, as the city is a popular tourist destination and the real estate market is growing. However, it is important to consider the cost of living in Cebu, as well as the availability of rental properties. Renting a home in Cebu can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Cebu should be based on individual needs and preferences," commented one expat who made the move to Cebu, Philippines.
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"I am renting with an eye on building something on leased land. It is made difficult, mostly by cheap available rents," remarked another expat in Cebu City, Philippines.
Other Questions:
- What should I pack when moving to Cebu?
- Where should I setup a bank account in Cebu?
- Will I be able to find a job in Cebu?
- What is life like in Cebu?
- What do expats in Cebu appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Cebu?
- Is there a lot of diversity? Are people in Cebu accepting of differences?
- What are the schools in Cebu like?
- What are healthcare services like in Cebu?
- What are medical services in Cebu like?
- Are healthcare and health insurance expensive in Cebu?
- What are emergency services like in Cebu?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Cebu?
- How are local medical facilities in Cebu?
- As a foreigner living in Cebu, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Cebu?
If you live in Cebu, newcomers to Cebu would love to hear your answer to this question.
