Should I buy or rent a home in Nigeria?
If you have not spent a lot of time in Nigeria, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Nigeria can be a great investment, as real estate prices are generally on the rise. However, it is important to consider the costs associated with buying a home, such as closing costs, legal fees, and taxes. Additionally, it is important to consider the amount of time and effort that goes into maintaining a home. Renting a home in Nigeria can be a great option for those who are not ready to commit to a long-term purchase. Renting can provide flexibility and convenience, as well as the ability to move quickly if needed. Ultimately, the decision to buy or rent a home in Nigeria should be based on individual needs and preferences," mentioned another expat when asked about moving to Nigeria.
Other Questions:
- What should I pack when moving to Nigeria?
- Where should I setup a bank account in Nigeria?
- Will I be able to find a job in Nigeria?
- What is life like in Nigeria?
- What do expats in Nigeria appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Nigeria?
- Is there a lot of diversity? Are people in Nigeria accepting of differences?
- What are the schools in Nigeria like?
- What are healthcare services like in Nigeria?
- What are medical services in Nigeria like?
- Are healthcare and health insurance expensive in Nigeria?
- What are emergency services like in Nigeria?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Nigeria?
- How are local medical facilities in Nigeria?
- As a foreigner living in Nigeria, 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 Nigeria?
If you live in Nigeria, newcomers to Nigeria would love to hear your answer to this question.