Should I buy or rent a home in Ethiopia?
If you have not spent a lot of time in Ethiopia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Ethiopia can be a great investment, as the country is experiencing rapid economic growth. However, it is important to consider the cost of living in Ethiopia, as well as the availability of housing in the area you are looking to buy in. Renting a home in Ethiopia can be a great option for those who are not ready to commit to a long-term purchase, 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 Ethiopia should be based on your individual needs and financial situation," remarked another expat who made the move to Ethiopia.
Other Questions:
- What do I need to know before retiring in Ethiopia?
- How do I meet people in Ethiopia?
- What is life like in Ethiopia?
- Is there a lot of crime in Ethiopia?
- Is there a lot of diversity? Are people in Ethiopia accepting of differences?
- What are the schools in Ethiopia like?
- Is the cost of living in Ethiopia high?
- What advice do you have for expats having a baby in Ethiopia?
- What are healthcare services like in Ethiopia?
- Is the cost of living in Ethiopia high?
- What type of recreational facilities are in Ethiopia?
- What is the weather like in Ethiopia?
- Are there good restaurants in Ethiopia?
- Where will I buy groceries and do other shopping in Ethiopia?
- What are the visa & residency requirements in Ethiopia?
- Are healthcare and health insurance expensive in Ethiopia?
- What do I need to know when buying property in Ethiopia?
- Are foreigners allowed to own property in Ethiopia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Ethiopia?
If you live in Ethiopia, newcomers to Ethiopia would love to hear your answer to this question.
