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Real Estate in Dundee, Scotland | Digital Nomad Exchange
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Real Estate in Dundee, Scotland

By Joshua Wood, LPC

Last updated on Apr 04, 2024

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

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What is a typical expat home or apartment like in Dundee?

"A typical expat home or apartment in Dundee, is often located in the city center or in the West End, which are both popular areas for expats. These homes are usually modern and well-maintained, with a mix of traditional and contemporary architectural styles. They often come fully furnished, with all the necessary amenities such as a fully equipped kitchen, a comfortable living room, and one or more bedrooms. Some apartments may also offer stunning views of the River Tay or the surrounding cityscape. Many expat homes in Dundee are within walking distance to shops, restaurants, and public transportation, making it convenient for expats to explore the city. Some properties may also come with additional features such as a private garden or a parking space. Despite being in Scotland, the homes are well-insulated and equipped with heating systems to handle the cold winters," said one person in Dundee.

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What is the average cost of housing in Dundee?

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

"As of recent data, the average cost of housing in Dundee is typically around the mid to high five-figure range in British pounds. However, prices can vary significantly depending on the type, size, and location of the property," said one expat in Dundee.

Should I buy or rent a home in Dundee?

If you have not spent a lot of time in Dundee, 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 Dundee, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Dundee for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial stability in the future. On the other hand, renting might be a better option if you're not planning to stay in Dundee for a long period. Renting offers more flexibility, as it's easier to move if you need to relocate for work or other reasons. It also means you won't have to worry about property maintenance and other responsibilities that come with homeownership. Financially, buying a home requires a significant upfront cost, including a down payment and closing costs. However, it could be more cost-effective in the long run if property values increase. Renting, while typically cheaper in the short term, doesn't offer the same potential for financial return. It's also important to consider the current housing market in Dundee. If it's a seller's market with high property values and competition, it might be more difficult to find a reasonably priced home to buy. In contrast, if it's a buyer's market, you might be able to find a good deal on a home. In conclusion, whether you should buy or rent a home in Dundee depends on your personal and financial circumstances. It's a decision that requires careful consideration and, ideally, advice from a financial advisor or real estate professional," explained one expat living in Dundee, Scotland.

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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