Should I buy or rent a home in Mexico City?
If you have not spent a lot of time in Mexico City, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Whether to buy or rent a home in Mexico City, depends on your individual circumstances and preferences. Buying is generally more expensive in the short-term, as you must pay for the cost of the property, closing costs, and any necessary renovations. Additionally, if you buy, you will also have to pay for ongoing maintenance and repairs for the home. Renting, on the other hand, typically requires a lower initial expenditure, and you will not be responsible for the cost of any upkeep or repairs. Ultimately, you must decide which option is best for you, taking into account your financial resources, desired lifestyle, and future plans," said another expat in Mexico City, Mexico.
- What do I need to know before retiring in Mexico City?
- What do I need to know before moving to Mexico City?
- How do I find a place to live in Mexico City?
- What is a typical expat home or apartment like in Mexico City?
- What is the average cost of housing in Mexico City?
- How do I meet people in Mexico City?
- What should I pack when moving to Mexico City?
- Where should I setup a bank account in Mexico City?
- Will I be able to find a job in Mexico City?
- What is life like in Mexico City?
- What do people like (and dislike) about Mexico City?
- What type of social life can someone expect in Mexico City?
- What is the social scene like in Mexico City?
- What advice to expats in Mexico City have about housing?
- What are medical services in Mexico City like?
- Are healthcare and health insurance expensive in Mexico City?
- Is the cost of living in Mexico City high?
- What are the visa & residency requirements in Mexico City?
- Why do people move to Mexico City?
Should I buy or rent a home in Mexico City?If you live in Mexico City, newcomers to Mexico City would love to hear your answer to this question.