Iceland
Should I buy or rent a home in Iceland?
If you have not spent a lot of time in Iceland, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Iceland can be a great investment, as the country's real estate market is growing steadily. However, it is important to consider the cost of living in Iceland, as well as the cost of purchasing a home, before making a decision. Renting a home in Iceland 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 Iceland should be based on individual needs and preferences," said a member in Iceland.
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Other Questions:
- What do I need to know before moving to Iceland?
- How do I find a place to live in Iceland?
- What is a typical expat home or apartment like in Iceland?
- What is the average cost of housing in Iceland?
- Should I buy or rent a home in Iceland?
- What should I pack when moving to Iceland?
- What cultural faux pas should I try to avoid making in Iceland?
- Why do people move to Iceland?
- What are healthcare services like in Iceland?
- What are medical services in Iceland like?
- What are typical rents in Iceland?
- What appliances are typically included in a rental?
Should I buy or rent a home in Iceland?
If you live in Iceland, newcomers to Iceland 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.
