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," mentioned another expat when asked about moving to Kenya.
Other Questions:
- What do I need to know before retiring in Kenya?
- How do I meet people in Kenya?
- What is life like in Kenya?
- Is there a lot of crime in Kenya?
- Is there a lot of diversity? Are people in Kenya accepting of differences?
- What are the schools in Kenya like?
- Is the cost of living in Kenya high?
- What advice do you have for expats having a baby in Kenya?
- What are healthcare services like in Kenya?
- Is the cost of living in Kenya high?
- What type of recreational facilities are in Kenya?
- What is the weather like in Kenya?
- Are there good restaurants in Kenya?
- Where will I buy groceries and do other shopping in Kenya?
- What are the visa & residency requirements in Kenya?
- Are healthcare and health insurance expensive in Kenya?
- What do I need to know when buying property in Kenya?
- Are foreigners allowed to own property 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.