Buy or Rent Property?
Whether it is better to rent or buy in Curaçao depends on various factors, including the financial situation of your relations, the current real estate market and the future plans of your relations.
Renting can be advantageous if your relations do not have the financial means to buy a house or if they only live in Curaçao for a limited period of time. In this case, they can find a rental property that suits their needs and budget for a certain period of time, without having to worry about buying a house and the associated costs.
On the other hand, buying a house in Curaçao can be beneficial if your relations plan to stay on the island for a longer period of time. Owning your own home can offer significant financial benefits, such as wealth accumulation and tax benefits. In addition, buying a house in Curaçao can be cheaper in the long run than renting a home, because rental prices on the island are generally high.
It is important to know that the real estate market in Curaçao is constantly changing and property prices can vary greatly depending on the location, size and condition of the property. It is therefore advisable to consult a local real estate agent to get a better idea of the rental and purchase prices in Curaçao and to discuss which option best suits the specific situation of your relations.
In short, whether it is better to rent or buy in Curaçao depends on the financial situation of your relations, the current real estate market and their plans for the future. It is recommended that you consult a local estate agent to help make an informed decision.
Here you will find the link for all owner-occupied properties
Here you will find the link for all rental properties
