Should I buy or rent a home in Kenya?
If you have not spent a lot of time in Kenya, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Kenya can be a great investment, as property values are likely to appreciate over time. However, it is important to consider the costs associated with buying a home, such as the down payment, closing costs, and ongoing maintenance. Renting a home in Kenya can be a more affordable option, as it requires less upfront costs and allows for more flexibility in terms of location and length of stay. Ultimately, the decision to buy or rent a home in Kenya should be based on your individual needs and financial situation," explained one expat living in Kenya.
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Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
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Other Questions:
- What do I need to know before moving to Kenya?
- How do I find a place to live in Kenya?
- What is a typical expat home or apartment like in Kenya?
- What is the average cost of housing in Kenya?
- Should I buy or rent a home in Kenya?
- What should I pack when moving to Kenya?
- What cultural faux pas should I try to avoid making in Kenya?
- Why do people move to Kenya?
- What are healthcare services like in Kenya?
- What are medical services in Kenya like?
- What are typical rents in Kenya?
- What appliances are typically included in a rental?
Should I buy or rent a home in Kenya?
If you live in Kenya, newcomers to Kenya 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.