Should I buy or rent a home in Guayaquil?

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

"Buying a home in Guayaquil can be a good option if you plan on staying in the city for a long period of time. With historically low interest rates, the cost of financing a home can be quite affordable. If you are new to the area and still unsure of where you want to settle down, renting a home can be a more attractive option. Renting also requires fewer upfront costs and more flexibility as you get to know the city. Ultimately, it depends on your individual situation and your goals for the future," said a member in Guayaquil, Ecuador, Ecuador.

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With Offices in BOTH Ecuador and the US, Ecuador Visas with Attorney Sara Chaca is the No. 1 Visa Law Firm for Your Move! Specializing in Ecuador Residency Visas plus converting from Temporary to Permanent Residency, Containers, Real Estate Closings, Wills and Estate Planning, Driver Licenses, Opening Businesses & Citizenship!

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Ecuador Visas - Law office of Attorney Sara Chaca

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Should I buy or rent a home in Guayaquil?

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