Real Estate in Saipan, the United States

"The best way to find a place to live in Saipan is to contact a local real estate agent or do a search online for rental properties in the area. You can also reach out to local rental websites or social media pages such as Facebook or Instagram to find apartments and houses for rent. It is also a good idea to speak to friends or family who already live in Saipan for recommendations on reputable landlords in the area," explained one expat living in Saipan, United States.

"The typical expat home or apartment in Saipan is usually made up of a combination of traditional Chamorro and modern furnishings, providing a unique charm to the living space. The apartments typically have one or two bedrooms, with larger floor plans including a living room, dining room, and kitchen. In many cases, expats also have access to patios, balconies, and other outdoor spaces. Most apartments are outfitted with air-conditioning, although some also incorporate modern fans for additional air circulation. High-speed internet and other modern amenities are also generally available," remarked one member in Saipan.

"The cost of housing in Saipan varies greatly depending on the size and location of the property. Generally, studios and one-bedroom apartments can range between $500 - $1,000 per month, while two-bedrooms and larger can cost anywhere from $1,000 - $2,000+ per month. Additionally, purchasing a home can range anywhere from $200,000 - $400,000 or more," said one expat who made the move to Saipan.

"Determining whether to buy or rent a home in Saipan is ultimately a personal decision. When deciding, it is important to consider factors such as budget, desired amenities, and longer-term plans. Renting generally involves lower upfront costs and flexible terms; however, long-term renters may find themselves spending more than expected as rent continues to increase. Buying a home typically requires a larger upfront investment than renting, however, the homeowner can benefit from increased security, stability, and potential investment value. Ultimately, buy or rent will depend on an individual's financial situation, where they are in their life, and the personal preference of each individual," explained one person living in Saipan, United States.

"1. Research the local real estate market: Familiarize yourself with the property types, prices, and locations in Saipan to make an informed decision. 2. Hire a local real estate agent: A knowledgeable agent can help you navigate the local market, find suitable properties, and negotiate the best deal. 3. Understand property ownership restrictions: Non-US citizens and non-Northern Mariana Islands residents may face restrictions on property ownership, so consult with a local attorney to understand your eligibility. 4. Consider the impact of natural disasters: Saipan is prone to typhoons and other natural disasters, so consider the potential risks and insurance costs when purchasing property. 5. Inspect the property: Hire a professional inspector to assess the property's condition, identify any potential issues, and estimate repair costs. 6. Review zoning and land use regulations: Check local zoning and land use regulations to ensure the property can be used for your intended purpose and to identify any potential restrictions or limitations. 7. Obtain financing: If you need a mortgage, research local lenders and their requirements, as financing options may differ from those in the mainland United States. 8. Conduct a title search: A title search will reveal any liens, encumbrances, or other issues that could affect your ownership rights. 9. Purchase title insurance: Title insurance protects you from potential issues with the property's title, such as liens or ownership disputes. 10. Complete the transaction: Work with your real estate agent and attorney to finalize the purchase agreement, submit necessary paperwork, and close the deal. 11. Register the property: After closing, register the property with the local government to establish your legal ownership. 12. Plan for ongoing costs: Be prepared for ongoing expenses such as property taxes, maintenance, and insurance, which may differ from those in the mainland United States," said one person in Saipan.

"Foreigners are allowed to own property in Saipan, but with certain restrictions. The Commonwealth of the Northern Mariana Islands (CNMI), which includes Saipan, has a law that limits land ownership to people of Northern Marianas descent. However, foreigners can still acquire property through long-term leases, typically up to 55 years, with options to renew. This allows foreigners to have control over the property and make improvements, but they will not have full ownership rights," said one expat in Saipan.

"In a rental property in Saipan, you can typically expect to find essential appliances such as a refrigerator, stove, and oven. Some properties may also include a microwave, dishwasher, and washing machine. However, it is essential to check with the landlord or property manager to confirm which appliances are included, as this can vary from one property to another," remarked one foreigner who made the move to Saipan.

"Expats searching for homes in Saipan typically begin by researching online through real estate websites, local classifieds, and social media groups dedicated to housing in the area. They may also seek recommendations from friends, colleagues, or other expats who have experience living in Saipan. Additionally, expats may choose to work with a local real estate agent who can help them navigate the housing market and find a suitable home that meets their needs and preferences. Visiting Saipan in person to view potential homes and explore neighborhoods is also a common approach for expats looking to find the perfect home," said one foreigner living in Saipan, the United States.