Should I buy or rent a home in Manila?
If you have not spent a lot of time in Manila, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Manila 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 the city, as well as the availability of housing. Renting a home in Manila can be a more affordable option, as it allows you to live in the city without the commitment of a long-term mortgage. Additionally, renting can provide more flexibility if you are unsure of how long you will be living in the city. Ultimately, the decision to buy or rent a home in Manila should be based on your individual needs and financial situation," remarked another expat in Manila, Philippines.
Other Questions:
- What do I need to know before retiring in Manila?
- What do I need to know before moving to Manila?
- How do I find a place to live in Manila?
- What is a typical expat home or apartment like in Manila?
- What is the average cost of housing in Manila?
- How do I meet people in Manila?
- What should I pack when moving to Manila?
- Where should I setup a bank account in Manila?
- Will I be able to find a job in Manila?
- What is life like in Manila?
- What do people like (and dislike) about Manila?
- What type of social life can someone expect in Manila?
- What is the social scene like in Manila?
- What advice to expats in Manila have about housing?
- What are medical services in Manila like?
- Are healthcare and health insurance expensive in Manila?
- Is the cost of living in Manila high?
- What are the visa & residency requirements in Manila?
- Why do people move to Manila?
Should I buy or rent a home in Manila?
If you live in Manila, newcomers to Manila would love to hear your answer to this question.