South Africa
Should I buy or rent a home in South Africa?
If you have not spent a lot of time in South Africa, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in South Africa can be a great investment, as property prices are generally on the rise. However, it is important to consider your financial situation and lifestyle before making a decision. Renting a home can be a great option if you are not ready to commit to a long-term purchase, or if you are looking for a more flexible living situation. It is also important to consider the cost of living in the area you are considering, as this can have a significant impact on your budget. Ultimately, the decision to buy or rent a home in South Africa should be based on your individual needs and preferences," remarked another expat in South Africa.
Other Questions:
- What do I need to know before moving to South Africa?
- How do I find a place to live in South Africa?
- What is a typical expat home or apartment like in South Africa?
- What is the average cost of housing in South Africa?
- Should I buy or rent a home in South Africa?
- What should I pack when moving to South Africa?
- What cultural faux pas should I try to avoid making in South Africa?
- Why do people move to South Africa?
- What are healthcare services like in South Africa?
- What are medical services in South Africa like?
- What are typical rents in South Africa?
- What appliances are typically included in a rental?
Should I buy or rent a home in South Africa?
If you live in South Africa, newcomers to South Africa would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
