Should I buy or rent a home in Morocco?
If you have not spent a lot of time in Morocco, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"At this point, just renting. Not difficult. I have friends who helped me, so it was not a problem," said a member in Rabat, Morocco.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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"Buying a home in Morocco can be a great investment, as the country has a strong real estate market. However, it is important to consider the cost of living in Morocco, as well as the availability of financing, before making a decision. Renting a home in Morocco 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 Morocco should be based on individual needs and preferences," remarked another expat who made the move to Morocco.
Other Questions:
- What do I need to know before moving to Morocco?
- How do I find a place to live in Morocco?
- What is a typical expat home or apartment like in Morocco?
- What is the average cost of housing in Morocco?
- Should I buy or rent a home in Morocco?
- What should I pack when moving to Morocco?
- What cultural faux pas should I try to avoid making in Morocco?
- Why do people move to Morocco?
- What are healthcare services like in Morocco?
- What are medical services in Morocco like?
- What are typical rents in Morocco?
- What appliances are typically included in a rental?
Should I buy or rent a home in Morocco?
If you live in Morocco, newcomers to Morocco 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.