Should I buy or rent a home in Ivory Coast?
If you have not spent a lot of time in Ivory Coast, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"When deciding whether to buy or rent a home in Ivory Coast, it is important to consider the cost of living, the availability of housing, and the local economy. Buying a home in Ivory Coast can be a great investment, as property values are likely to increase over time. However, it is important to consider the cost of purchasing a home, including the cost of a mortgage, taxes, and maintenance. Renting a home in Ivory Coast can be a more affordable option, as it does not require a large upfront investment. Additionally, renting can provide more flexibility, as it is easier to move if needed. Ultimately, the decision to buy or rent a home in Ivory Coast should be based on individual needs and preferences," commented one expat who made the move to Ivory Coast.
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- What do I need to know when buying property in Ivory Coast?
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Should I buy or rent a home in Ivory Coast?
If you live in Ivory Coast, newcomers to Ivory Coast 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.