Should I buy or rent a home in Uruguay?

If you have not spent a lot of time in Uruguay, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Uruguay can be a great investment, as the country has a stable economy and a growing real estate market. However, it is important to consider the cost of living in Uruguay, as well as the cost of purchasing a home, before making a decision. Renting a home in Uruguay can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Uruguay should be based on individual needs and preferences," remarked another expat in Uruguay.

Should I buy or rent a home in Uruguay?

If you live in Uruguay, newcomers to Uruguay would love to hear your answer to this question.

About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.