Lima, Peru
Should I buy or rent a home in Lima?
If you have not spent a lot of time in Lima, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Lima can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to consider the cost of living in Lima, as well as the cost of purchasing a home. Renting a home in Lima can be a more affordable option, as it allows you to live in the city without the long-term commitment of buying a home. Additionally, renting can provide more flexibility if you are unsure of how long you will be living in Lima. Ultimately, the decision to buy or rent a home in Lima should be based on your individual needs and financial situation," remarked another expat in Lima, Peru.
"I rented a house (Miraflores) for the first year from a gringo who actually took a USA check for the years rent. I also bought his car and sold it 6 years later for the same price. I bought a Penthouse apartment overlooking the Pacific (for a song)on my tourist visa with only $500.00 deposit and a photocopy of my passport," said a member in Lima, Peru.
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Traveling MailboxTraveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Other Questions:
- What should I pack when moving to Lima?
- Where should I setup a bank account in Lima?
- Will I be able to find a job in Lima?
- What is life like in Lima?
- What do expats in Lima appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Lima?
- Is there a lot of diversity? Are people in Lima accepting of differences?
- What are the schools in Lima like?
- What are healthcare services like in Lima?
- What are medical services in Lima like?
- Are healthcare and health insurance expensive in Lima?
- What are emergency services like in Lima?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Lima?
- How are local medical facilities in Lima?
- As a foreigner living in Lima, 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 Lima?
If you live in Lima, newcomers to Lima would love to hear your answer to this question.
