Should I buy or rent a home in Bulgaria?
If you have not spent a lot of time in Bulgaria, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Bulgaria can be a great investment, as the country offers a wide range of properties at competitive prices. However, it is important to consider the cost of living in Bulgaria, as well as the availability of rental properties, before making a decision. Renting a home in Bulgaria can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Bulgaria should be based on individual needs and preferences," commented one expat who made the move to Bulgaria.
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Other Questions:
- What do I need to know before retiring in Bulgaria?
- How do I meet people in Bulgaria?
- What is life like in Bulgaria?
- Is there a lot of crime in Bulgaria?
- Is there a lot of diversity? Are people in Bulgaria accepting of differences?
- What are the schools in Bulgaria like?
- Is the cost of living in Bulgaria high?
- What advice do you have for expats having a baby in Bulgaria?
- What are healthcare services like in Bulgaria?
- Is the cost of living in Bulgaria high?
- What type of recreational facilities are in Bulgaria?
- What is the weather like in Bulgaria?
- Are there good restaurants in Bulgaria?
- Where will I buy groceries and do other shopping in Bulgaria?
- What are the visa & residency requirements in Bulgaria?
- Are healthcare and health insurance expensive in Bulgaria?
- What do I need to know when buying property in Bulgaria?
- Are foreigners allowed to own property in Bulgaria?
- What appliances are typically included in a rental?
Should I buy or rent a home in Bulgaria?
If you live in Bulgaria, newcomers to Bulgaria 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.