Should I buy or rent a home in Czech Rep?
If you have not spent a lot of time in Czech Rep, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Czechia can be a great investment, as the country has a strong economy and a growing real estate market. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Czechia can be a more affordable option, as it does not require a large upfront investment. Additionally, renting can provide more flexibility, as it allows you to move more easily if your circumstances change. Ultimately, the decision to buy or rent a home in Czechia should be based on your individual needs and financial situation," remarked another expat in Czech Rep.
Other Questions:
- What should I pack when moving to Czechia?
- Where should I setup a bank account in Czechia?
- Will I be able to find a job in Czechia?
- What is life like in Czechia?
- What do expats in Czechia appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Czechia?
- Is there a lot of diversity? Are people in Czechia accepting of differences?
- What are the schools in Czechia like?
- What are healthcare services like in Czechia?
- What are medical services in Czechia like?
- Are healthcare and health insurance expensive in Czechia?
- What are emergency services like in Czechia?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Czechia?
- How are local medical facilities in Czechia?
- As a foreigner living in Czechia, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Czech Rep?
If you live in Czechia, newcomers to Czechia 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.