Should I buy or rent a home in Cambodia?
If you have not spent a lot of time in Cambodia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Cambodia can be a great investment, as property prices are still relatively low. However, it is important to consider the costs associated with buying a home, such as legal fees, taxes, and other associated costs. Renting a home in Cambodia can be a more cost-effective option, as it allows you to avoid the upfront costs associated with buying a home. Additionally, renting a home can provide more flexibility, as you can move to a different location more easily. Ultimately, the decision to buy or rent a home in Cambodia should be based on your individual needs and financial situation," mentioned another expat when asked about moving to Cambodia.
Other Questions:
- What do I need to know before moving to Cambodia?
- How do I find a place to live in Cambodia?
- What is a typical expat home or apartment like in Cambodia?
- What is the average cost of housing in Cambodia?
- Should I buy or rent a home in Cambodia?
- What should I pack when moving to Cambodia?
- What cultural faux pas should I try to avoid making in Cambodia?
- Why do people move to Cambodia?
- What are healthcare services like in Cambodia?
- What are medical services in Cambodia like?
- What are typical rents in Cambodia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Cambodia?
If you live in Cambodia, newcomers to Cambodia would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.