Ukraine
Should I buy or rent a home in Ukraine?
If you have not spent a lot of time in Ukraine, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"rented through an agent with the help of my partner. Very easy and did not even give first and last month rent , only first. We have 2 bedrooms , furnished nicely, flat screen tv, high speed internet, grocery shopping and parks in immediate vicinity as well as recreational facilities as mentioned above. Cost 550. to 600. US $ per month includes everything, except food of course," explained one expat living in Kharkov, Ukraine.
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"Buying a home in Ukraine can be a great investment, as the country is experiencing a period of economic growth and stability. However, it is important to consider the cost of living in Ukraine, as well as the availability of financing options, before making a decision. Renting a home in Ukraine can be a more affordable option, as it allows you to enjoy the benefits of living in the country without the long-term commitment of buying a home. Additionally, renting can provide more flexibility if you are unsure of how long you will be staying in Ukraine. Ultimately, the decision to buy or rent a home in Ukraine should be based on your individual needs and preferences," said another expat in Ukraine.
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Other Questions:
- What do I need to know before retiring in Ukraine?
- How do I meet people in Ukraine?
- What is life like in Ukraine?
- Is there a lot of crime in Ukraine?
- Is there a lot of diversity? Are people in Ukraine accepting of differences?
- What are the schools in Ukraine like?
- Is the cost of living in Ukraine high?
- What advice do you have for expats having a baby in Ukraine?
- What are healthcare services like in Ukraine?
- Is the cost of living in Ukraine high?
- What type of recreational facilities are in Ukraine?
- What is the weather like in Ukraine?
- Are there good restaurants in Ukraine?
- Where will I buy groceries and do other shopping in Ukraine?
- What are the visa & residency requirements in Ukraine?
- Are healthcare and health insurance expensive in Ukraine?
- What do I need to know when buying property in Ukraine?
- Are foreigners allowed to own property in Ukraine?
- What appliances are typically included in a rental?
Should I buy or rent a home in Ukraine?
If you live in Ukraine, newcomers to Ukraine would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.