Should I buy or rent a home in Reykjavik?
If you have not spent a lot of time in Reykjavik, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Whether you should buy or rent a home in Reykjavik depends on your financial situation, lifestyle preferences and long-term plans. If you plan to stay in Reykjavik for a long time and have the necessary financial resources, buying a house or apartment may be the best option. Owning a home gives you more freedom to personalize it to your liking and can be a worthwhile long-term investment. On the other hand, renting a property can be more cost-effective in some cases and gives you more flexibility to move if your circumstances change. Consider carefully the pros and cons of each option to decide what is best for you," remarked another expat in Reykjavik, Iceland.
Other Questions:
- What should I pack when moving to Reykjavik?
- Where should I setup a bank account in Reykjavik?
- Will I be able to find a job in Reykjavik?
- What is life like in Reykjavik?
- What do expats in Reykjavik appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Reykjavik?
- Is there a lot of diversity? Are people in Reykjavik accepting of differences?
- What are the schools in Reykjavik like?
- What are healthcare services like in Reykjavik?
- What are medical services in Reykjavik like?
- Are healthcare and health insurance expensive in Reykjavik?
- What are emergency services like in Reykjavik?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Reykjavik?
- How are local medical facilities in Reykjavik?
- As a foreigner living in Reykjavik, 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 Reykjavik?
If you live in Reykjavik, newcomers to Reykjavik would love to hear your answer to this question.
