Should I buy or rent a home in Bucharest?

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

"Making the decision to buy or rent a home in Bucharest depends on a variety of factors. If you are looking for a long-term housing solution, you should consider buying a home. The cost of buying a home in Bucharest is relatively low compared to other global cities, and there are several loan options available. Depending on your financial situation, you may be able to get a loan for an amount close to the purchase price. If you are looking for a short-term solution or you are still not sure about the place you want to live in, renting may be a better option. The cost of renting in Bucharest is very affordable, and you can often look for temporary accommodations, like apartments in a guesthouse. Ultimately, after taking into account all factors, it is up to you to decide whether buying or renting a home in Bucharest is the best option for you," remarked another expat who made the move to Bucharest, Romania.