Should I buy or rent a home in Romania?
If you have not spent a lot of time in Romania, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Romania can be a great investment, as the country has a growing economy and real estate market. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Romania can be a more cost-effective option, as it allows you to avoid the upfront costs associated with buying a home. Additionally, renting a home can provide more flexibility, as you can move to a different location more easily than if you owned a home. Ultimately, the decision to buy or rent a home in Romania should be based on your individual needs and financial situation," said another expat in Romania.
Other Questions:
- What do I need to know before moving to Romania?
- How do I find a place to live in Romania?
- What is a typical expat home or apartment like in Romania?
- What is the average cost of housing in Romania?
- Should I buy or rent a home in Romania?
- What should I pack when moving to Romania?
- What cultural faux pas should I try to avoid making in Romania?
- Why do people move to Romania?
- What are healthcare services like in Romania?
- What are medical services in Romania like?
- What are typical rents in Romania?
- What appliances are typically included in a rental?
Should I buy or rent a home in Romania?
If you live in Romania, newcomers to Romania 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.