Should I buy or rent a home in Azerbaijan?
If you have not spent a lot of time in Azerbaijan, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Azerbaijan can be a great investment, as the country is experiencing rapid economic growth. However, it is important to consider the cost of living in Azerbaijan, as well as the availability of housing in the area. Renting a home in Azerbaijan can be a more affordable option, and it can also provide more flexibility if you are not sure how long you will be staying in the country. Ultimately, the decision to buy or rent a home in Azerbaijan should be based on your individual needs and financial situation," explained one expat living in Azerbaijan.
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Other Questions:
- What do I need to know before retiring in Azerbaijan?
- How do I meet people in Azerbaijan?
- What is life like in Azerbaijan?
- Is there a lot of crime in Azerbaijan?
- Is there a lot of diversity? Are people in Azerbaijan accepting of differences?
- What are the schools in Azerbaijan like?
- Is the cost of living in Azerbaijan high?
- What advice do you have for expats having a baby in Azerbaijan?
- What are healthcare services like in Azerbaijan?
- Is the cost of living in Azerbaijan high?
- What type of recreational facilities are in Azerbaijan?
- What is the weather like in Azerbaijan?
- Are there good restaurants in Azerbaijan?
- Where will I buy groceries and do other shopping in Azerbaijan?
- What are the visa & residency requirements in Azerbaijan?
- Are healthcare and health insurance expensive in Azerbaijan?
- What do I need to know when buying property in Azerbaijan?
- Are foreigners allowed to own property in Azerbaijan?
- What appliances are typically included in a rental?
Should I buy or rent a home in Azerbaijan?
If you live in Azerbaijan, newcomers to Azerbaijan would love to hear your answer to this question.
About the Author
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.