Should I buy or rent a home in Amman?
If you have not spent a lot of time in Amman, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Deciding whether to buy or rent a home in Amman, depends on several factors, including your financial situation, long-term plans, and personal preferences. If you plan to stay in Amman for an extended period, buying a home may be a good investment, as it allows you to build equity and potentially benefit from the appreciation of property values. Additionally, owning a home provides stability and the freedom to make changes to the property as you see fit. On the other hand, renting a home in Amman offers more flexibility, as you can easily move to a different neighborhood or city without the hassle of selling a property. Renting also allows you to avoid the upfront costs associated with buying a home, such as a down payment and closing costs. Furthermore, renting a home means you won't be responsible for property taxes and maintenance costs, which can be significant in some cases. Ultimately, the decision to buy or rent a home in Amman, Jordan, should be based on your individual circumstances and preferences. It's essential to carefully consider your financial situation, long-term plans, and the local real estate market before making a decision," said another expat in Amman, Jordan.
Other Questions:
- What should I pack when moving to Amman?
- Where should I setup a bank account in Amman?
- Will I be able to find a job in Amman?
- What is life like in Amman?
- What do expats in Amman appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Amman?
- Is there a lot of diversity? Are people in Amman accepting of differences?
- What are the schools in Amman like?
- What are healthcare services like in Amman?
- What are medical services in Amman like?
- Are healthcare and health insurance expensive in Amman?
- What are emergency services like in Amman?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Amman?
- How are local medical facilities in Amman?
- As a foreigner living in Amman, 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 Amman?
If you live in Amman, newcomers to Amman would love to hear your answer to this question.