Should I buy or rent a home in Morocco?
If you have not spent a lot of time in Morocco, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"At this point, just renting. Not difficult. I have friends who helped me, so it was not a problem," wrote a member who made the move to Rabat, Morocco.
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"Buying a home in Morocco can be a great investment, as the country has a strong real estate market. However, it is important to consider the cost of living in Morocco, as well as the availability of financing, before making a decision. Renting a home in Morocco 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 Morocco should be based on individual needs and preferences," explained one expat living in Morocco.
Other Questions:
- What do I need to know before retiring in Morocco?
- How do I meet people in Morocco?
- What is life like in Morocco?
- Is there a lot of crime in Morocco?
- Is there a lot of diversity? Are people in Morocco accepting of differences?
- What are the schools in Morocco like?
- Is the cost of living in Morocco high?
- What advice do you have for expats having a baby in Morocco?
- What are healthcare services like in Morocco?
- Is the cost of living in Morocco high?
- What type of recreational facilities are in Morocco?
- What is the weather like in Morocco?
- Are there good restaurants in Morocco?
- Where will I buy groceries and do other shopping in Morocco?
- What are the visa & residency requirements in Morocco?
- Are healthcare and health insurance expensive in Morocco?
- What do I need to know when buying property in Morocco?
- Are foreigners allowed to own property in Morocco?
- What appliances are typically included in a rental?
Should I buy or rent a home in Morocco?
If you live in Morocco, newcomers to Morocco 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.