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Real Estate in Can Tho, Vietnam | Digital Nomad Exchange
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Real Estate in Can Tho, Vietnam

By Joshua Wood, LPC

Last updated on Jan 06, 2024

Summary: Expats and retirees talk about real estate in Can Tho, Vietnam? How do you find a home in Can Tho? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Can Tho?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Can Tho involves several steps. First, you need to determine your budget. This will help you narrow down your options and make your search more efficient. Next, you should decide on the type of accommodation you want. Can Tho offers a variety of options, including apartments, houses, and even homestays. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms that list properties for rent in Can Tho, such as Batdongsan, Mogi, and Alonhadat. These websites allow you to filter your search based on your preferences, such as location, price, and type of property. In addition to online platforms, you can also contact local real estate agencies. They can provide you with a list of available properties that match your criteria. Another option is to ask for recommendations from locals or expats who are already living in Can Tho. They can provide you with valuable insights and may even know of properties that are not listed online. Once you have found a few potential options, you should arrange to visit the properties. This will give you a better idea of the property's condition, its proximity to amenities, and the neighborhood. Before signing a lease, make sure to read it carefully and understand all the terms and conditions. If possible, have a local or someone fluent in Vietnamese help you with this to ensure you fully understand the agreement. Finally, once you have found a place that meets your needs and budget, you can proceed with the rental process. This usually involves paying a deposit and the first month's rent. Remember, finding a place to live in a new city can take time, so be patient and don't rush the process," said one person in Can Tho.

What is a typical expat home or apartment like in Can Tho?

"A typical expat home or apartment in Can Tho, is usually located in the city center or in expat-friendly neighborhoods. These homes are often modern and spacious, with a blend of Western and Vietnamese design elements. They are usually fully furnished, featuring amenities such as air conditioning, a fully equipped kitchen, and sometimes even a small garden or balcony. Some apartments may also have access to shared facilities like a swimming pool, gym, or laundry service. The homes are often located close to international schools, supermarkets, restaurants, and other conveniences to cater to the needs of expats. Despite being in the city, many homes are situated in quiet, secure areas, offering a peaceful living environment," remarked one foreigner who made the move to Can Tho.

What is the average cost of housing in Can Tho?

If you are thinking about moving to Can Tho, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Can Tho can vary greatly depending on the location and type of property. For instance, a modern apartment in the city center may cost significantly more than a traditional house in a rural area. However, on average, housing in Can Tho is generally considered affordable compared to other major cities in Vietnam. The cost can range from very inexpensive for small, unfurnished apartments outside the city center, to more expensive for larger, furnished apartments or houses in desirable areas," said one person in Can Tho.

Should I buy or rent a home in Can Tho?

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

"The decision to buy or rent a home in Can Tho, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Can Tho for an extended period and have the financial means, buying a home can be a good investment, as property values in Vietnam have been steadily increasing. Owning a home also provides stability and the freedom to make changes to the property as you wish. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting a home may be a better option. Renting allows you to easily relocate if needed and does not require a large upfront investment. Additionally, renting can provide the opportunity to experience different neighborhoods in Can Tho before committing to a specific area. It is essential to consider factors such as your budget, job stability, and lifestyle preferences when deciding whether to buy or rent a home in Can Tho. Consulting with a local real estate agent can also provide valuable insights into the local housing market and help you make an informed decision," remarked one member in Can Tho.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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.

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