Medellin, Colombia
Should I buy or rent a home in Medellin?
If you have not spent a lot of time in Medellin, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Medellin can be a great investment. The city is known for its vibrant culture, beautiful scenery, and affordable cost of living. The real estate market is also very attractive, with prices that are lower than in many other cities in the region. Renting a home in Medellin can also be a great option, as it allows you to experience the city without the commitment of buying a home. You can also take advantage of the city's many amenities, such as its excellent public transportation system and its many parks and recreational areas. Ultimately, the decision to buy or rent a home in Medellin will depend on your individual needs and preferences," said a member in Medellin, Colombia.
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"We knew we had come to stay for several years or more. So we rented an unfurnished apartment. Some friends referred us to locals and the process was very easy. We bought a few things new like mattresses, TV and recliners, but all the rest of the furniture was used and we got some bargains. We had to buy lots of accessories, and those cost more than we counted on, but we have them now and they aren't going anywhere. In 3+ years, we have had 5 different homes. We could not have had all our adventures if we had purchased a home," remarked another expat who made the move to Medellin, Colombia.
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Other Questions:
- What should I pack when moving to Medellin?
- Where should I setup a bank account in Medellin?
- Will I be able to find a job in Medellin?
- What is life like in Medellin?
- What do expats in Medellin appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Medellin?
- Is there a lot of diversity? Are people in Medellin accepting of differences?
- What are the schools in Medellin like?
- What are healthcare services like in Medellin?
- What are medical services in Medellin like?
- Are healthcare and health insurance expensive in Medellin?
- What are emergency services like in Medellin?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Medellin?
- How are local medical facilities in Medellin?
- As a foreigner living in Medellin, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Medellin?
If you live in Medellin, newcomers to Medellin would love to hear your answer to this question.
