Should I buy or rent a home in Czech Rep?
If you have not spent a lot of time in Czech Rep, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Czechia can be a great investment, as the country has a strong economy and a growing real estate market. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Czechia can be a more affordable option, as it does not require a large upfront investment. Additionally, renting can provide more flexibility, as it allows you to move more easily if your circumstances change. Ultimately, the decision to buy or rent a home in Czechia should be based on your individual needs and financial situation," remarked another expat who made the move to Czech Rep.
Other Questions:
- What do I need to know before retiring in Czechia?
- How do I meet people in Czechia?
- What is life like in Czechia?
- Is there a lot of crime in Czechia?
- Is there a lot of diversity? Are people in Czechia accepting of differences?
- What are the schools in Czechia like?
- Is the cost of living in Czechia high?
- What advice do you have for expats having a baby in Czechia?
- What are healthcare services like in Czechia?
- Is the cost of living in Czechia high?
- What type of recreational facilities are in Czechia?
- What is the weather like in Czechia?
- Are there good restaurants in Czechia?
- Where will I buy groceries and do other shopping in Czechia?
- What are the visa & residency requirements in Czechia?
- Are healthcare and health insurance expensive in Czechia?
- What do I need to know when buying property in Czechia?
- Are foreigners allowed to own property in Czechia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Czech Rep?
If you live in Czechia, newcomers to Czechia would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.