Should I buy or rent a home in Medellin?

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

"We knew we had come to stay for several years or more. So we rented an unfurnished apartment. Some friends referred us to locals and the process was very easy. We bought a few things new like mattresses, TV and recliners, but all the rest of the furniture was used and we got some bargains. We had to buy lots of accessories, and those cost more than we counted on, but we have them now and they aren't going anywhere. In 3+ years, we have had 5 different homes. We could not have had all our adventures if we had purchased a home," commented one expat who made the move to Medellin, Colombia.

AGS Worldwide Movers
Get Quote

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

AGS Worldwide Movers

"Buying a home in Medellin can be a great investment. The city is known for its vibrant culture, beautiful scenery, and affordable cost of living. The real estate market is also very attractive, with prices that are lower than in many other cities in the region. Renting a home in Medellin can also be a great option, as it allows you to experience the city without the commitment of buying a home. You can also take advantage of the city's many amenities, such as its excellent public transportation system and its many parks and recreational areas. Ultimately, the decision to buy or rent a home in Medellin will depend on your individual needs and preferences," remarked another expat in Medellin, Colombia.

Please login to continue reading this article.

Not a member? Join Today (it's free).