Buying or Renting? We tell you the pros and cons

This is a recurring question throughout our lives. Especially during stage changes such as moving, changing countries or marriage.

Instead of going into an intricate analysis about whether one is convenient over the other, I am going to share with you the pros and cons that I have gathered throughout my 10 years of experience in the real estate market and that will clearly outline the panorama for you. so you can make the decision that best suits your interests. So let’s move on to the comparison.


Renting requires less money. This is the most viable option for new couples, students and people who have just become independent. Also if you want to test an area before evaluating whether to invest in the property.

It gives you mobility. This option is very useful if you are a free-spirited person or an executive who frequently moves between countries or works for a transactional company. With the increase in remote work, it is increasingly seen that young people do not invest in the purchase of properties (especially millennials) because they move between countries much more frequently than people of the same age did 30 years ago .

Paperwork is faster. If you do not get along with bank paperwork and you are not very organized to keep your payments and receipts filed, perhaps this could be an option for you. Applying for a mortgage entails the preparation of a folder with several references and documentation (some of which expire) so it can be cumbersome if you do not have experience.

You can live in a better property with a lower financial investment. This is one of the attractive reasons to rent in my experience, since you can access a super luxurious apartment for a much lower amount than what it would imply to buy it. This is beneficial for people who are beginning to climb the purchasing ladder and want to project themselves better from a business point of view.

The movements of ups and downs of the sale price do not affect you directly. This is a very powerful reason when it comes to reducing risk for my clients, especially those who have their own income that they generate independently. In this way they are not impacted by things such as increases in bank interest rates, increases in project materials or increases or decreases in the final sale price of a property.


It gives you stability. This is one of the most important reasons to make this decision, especially if you are a foreigner or have already established a family and it is time to create an estate that provides stability. It encourages you to save. Buying a property will definitely teach you to better understand how money works and will encourage you to create financial awareness about savings instruments and how to improve / increase your income to meet the down payment.

Being a fixed asset, you can decide whether to use it to live, rent or sell. This is one of the main reasons to buy a property, to put money to work for you. A report in 2014 by the firm Capgemini and RBC Wealth Management, says that real estate is the preferred means of investment for Latin Americans, followed by fixed-subtraction investments.

You can reform it and redistribute it to your liking. This is the preferred section of women. Who hasn’t wanted to redo their kitchen or bathroom? The best thing about having your own property is that you can adapt it to your liking not only in colors but also in distribution and improvements such as walk-in closets, turning rooms into work studios and improving common environments!

Retirement compensation does not cover the cost of rent. This is the risk section of this segment and it is that retirement pensions are very far from covering the monthly income of a rental. It is for this reason that if you are already in your mid-30s, it is a good idea to start thinking about a property where you will be free of worries in the last years of your life.

That’s all for today. I hope that this article has helped you clear up your doubts about which scenario is best for you, and that you make the best decision and, above all, the one that makes you happiest! Until next time!

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