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Should I buy or rent a home in Hvar?

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If you have not spent a lot of time in Hvar, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"The decision to buy or rent a home in Hvar, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Hvar for a long period or frequently visit, buying a home could be a good investment. Owning a property in Hvar can also provide a potential source of income through rentals when you are not using it. On the other hand, renting a home in Hvar offers more flexibility. It's a good option if you're not sure about your long-term plans or if you prefer not to have the responsibilities and costs associated with home ownership. Renting can also be a more affordable option in the short term, as it doesn't require a large upfront investment. It's also important to consider the real estate market conditions in Hvar. If property values are rising, buying a home could be a good investment. However, if the market is stagnant or declining, renting might be a safer option. Lastly, consider the lifestyle you want to lead in Hvar. If you want the freedom to customize your living space and have a place that truly feels like your own, buying might be the right choice. If you prefer not to deal with maintenance and repairs, or if you value the ability to move easily, renting could be a better fit. In conclusion, both buying and renting a home in Hvar have their pros and cons. It's important to carefully consider your personal situation and goals before making a decision," remarked another expat who made the move to Hvar, Croatia.

Other Questions:

Should I buy or rent a home in Hvar?

If you live in Hvar, newcomers to Hvar would love to hear your answer to this question.


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