Renting or buying a country house - which is more profitable?

Everyone imagines their ideal home differently. For some, this is a small cozy apartment in the city center, while others dream of living quietly in a large private house, away from the bustle of the city and cars.

The trend of recent years shows that there are more and more people who prefer life outside the city. Here the air is clean, the silence and the birds sing. The increased demand contributed to the revival of the suburban real estate market, as well as the active development of the construction of cottage settlements both within the city and in the region. Today Ukrainians can buy or rent a country housewithout losing the comfort of the urban environment. Simultaneously with the construction of houses, infrastructure is being created in the village, a convenient transport interchange and a protected area are provided.

The times of villages, where there are no grocery stores within a radius of several kilometers, and residents have to put up with interruptions in electricity, water and heating, are over. Today, Ukrainians can enjoy the peace and harmony of country life without worrying about the risk of being unexpectedly left without light and other amenities. By the way, if you decide quickly buy an apartment in Kyiv, we recommend contacting the best luxury real estate agency THE Capital.

What is more profitable: buy or rent a country house?

Today, Ukrainians perceive suburban real estate not only as an alternative place for seasonal vacations, but also as permanent housing. Having your own country house means more personal space and a good environment. But since owning a home is an expensive pleasure, more and more consumers are thinking about the question: is it better to buy a country house or rent? There is no specific answer here, because different people have different possibilities. However, let's look at the pros and cons of buying and renting a country house. 

Read more:: Power of attorney for the sale of the apartment.

The obvious advantages of buying a country house include:

1. Exclusive right. You acquire ownership of a residential building and no one else can claim it. 
2. The ability to carry out repairs, reconstruction and modernization. In other words, your home is your rule. In your home, you can make repairs to your liking and, if necessary, redevelopment.  
3. Free flight of fantasy. You can furnish the house to your taste and have the right to choose an interior design. You can safely buy furniture and appliances, and not think about how to move them in the future from rented housing.
4. No ban on keeping animals. You can have a pet and more than one. And you don't have to ask anyone for permission, you just go and get it. If you live in a private house, you have your own plot, you can even have a medium, large or very large dog, and build an aviary or a booth for your pet in the yard of the house. Nobody can forbid you this. 
5. Passive income. If necessary, you can rent out your country house and get a good monthly or daily income.

The only negative is that not every person can afford to buy a country house. And in such a situation, the best solution would be a long-term lease. While rental housing prices remain relatively high for some tenants, they are still lower and more affordable than the down payment on a mortgage.

Read more:: Taxes when buying an apartment.

The choice of country houses on the rental market is great, you can pick up an object in different areas of the suburbs and the region at an affordable price. And all the nuances of accommodation can be discussed with the landlord. Most owners of country houses always meet the needs of the tenant on many issues. Subscribe to our updates real estate blog and get the latest publications from the real estate agency THE Capital.