Real Estate in Venezuela

Last updated on Apr 05, 2023

Summary: An expat looking to buy a home in Venezuela should begin by researching the local real estate market and familiarizing themselves with the different neighborhoods and areas. They should also consider enlisting the help of a local real estate agent who can provide more detailed information about the properties available. Homes in Venezuela typically include basic amenities such as running water, electricity, and gas. Many homes also have air conditioning, security systems, and other modern amenities. Foreigners are allowed to own property in Venezuela, but there are certain restrictions. For example, foreigners are not allowed to own land within 50 kilometers of the coast or within 100 kilometers of the border. Additionally, foreigners must obtain a special permit from the government in order to purchase property.

How do I find a place to live in Venezuela?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One way to find a place to live in Venezuela is to search online for rental listings. Websites such as Encuentra24.com and Lamudi.com.ve are popular sites for finding rental properties in Venezuela. Additionally, you can also search for rental listings on social media sites such as Facebook and Twitter. Additionally, you can also contact local real estate agents who can help you find a suitable place to live. Finally, you can also ask around in your local community for recommendations on rental properties," said one person in Venezuela.

"When looking for a place here, you must go through an agent, who you the renter will have to pay one month's rent as commission. The trick is to use several agents because depending on your budget, they forget about you. We chose a neighborhood that was first safe and then close to everything since I don't drive. We chose an apartment for security reasons (most buildings have 24 hour security) and it has less upkeep," remarked one foreigner who made the move to Caracas.

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What is a typical expat home or apartment like in Venezuela?

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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.