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Germany | Should I buy or rent a home in Germany? | Expat Exchange
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Berlin, Germany

Should I buy or rent a home in Germany?

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

"It all depends on your individual needs and budget, as both buying and renting a home in Germany have pros and cons for different situations. If you plan on staying in Germany for an extended period of time, have the means to purchase a home, and want to build equity, then buying a home may be the best route for you. On the other hand, if you have more temporary plans, need more mobility and flexibility, and have a limited budget, renting may be the best option. Ultimately, the decision is yours, but it is important to carefully consider all the factors before making a decision," wrote a member who made the move to Germany.

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Traveling MailboxTraveling Mailbox

Traveling 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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Click connect to have our partner contact you via e-mail and/or phone.

"I purchased an apartment over 20 years ago. It is not much different that the process involved in purchasing in the U.S," explained one expat living in Friedrichsdorf, Germany.

Other Questions:

Should I buy or rent a home in Germany?

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

If your answer relates to a specific city or town in Germany, please include the name of the city/town below:


About the Author

Joshua Wood 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.

Berlin, Germany

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Traveling Mailbox

Traveling Mailbox lets you view your postal mail online anywhere and it's is affordable, simple, and flexible.
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Traveling MailboxTraveling Mailbox

Traveling Mailbox lets you view your postal mail online anywhere and it's is affordable, simple, and flexible.
Learn More

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