Should I buy or rent a home in Kefalonia?
If you have not spent a lot of time in Kefalonia, 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 Kefalonia depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Kefalonia for an extended period and have the financial means, buying a home can be a good investment, as property prices in Greece have been relatively low in recent years. Owning a home also allows you to have more control over your living space and potentially generate rental income if you decide to rent it out when you're not using it. On the other hand, renting a home in Kefalonia offers more flexibility, as you can easily move to a different location or property if your needs or preferences change. Renting can also be more cost-effective in the short term, as you won't need to pay for property taxes, maintenance, and other expenses associated with homeownership. Additionally, renting allows you to test out living in Kefalonia before committing to a long-term investment. Ultimately, the choice between buying and renting a home in Kefalonia depends on your individual needs, financial situation, and future plans. It's essential to carefully consider your options and consult with a local real estate expert to make the best decision for your circumstances," remarked another expat in Kefalonia, Greece.
Other Questions:
- What do I need to know before retiring in Kefalonia?
- What do I need to know before moving to Kefalonia?
- How do I find a place to live in Kefalonia?
- What is a typical expat home or apartment like in Kefalonia?
- What is the average cost of housing in Kefalonia?
- How do I meet people in Kefalonia?
- What should I pack when moving to Kefalonia?
- Where should I setup a bank account in Kefalonia?
- Will I be able to find a job in Kefalonia?
- What is life like in Kefalonia?
- What do people like (and dislike) about Kefalonia?
- What type of social life can someone expect in Kefalonia?
- What is the social scene like in Kefalonia?
- What advice to expats in Kefalonia have about housing?
- What are medical services in Kefalonia like?
- Are healthcare and health insurance expensive in Kefalonia?
- Is the cost of living in Kefalonia high?
- What are the visa & residency requirements in Kefalonia?
- Why do people move to Kefalonia?
Should I buy or rent a home in Kefalonia?
If you live in Kefalonia, newcomers to Kefalonia would love to hear your answer to this question.