Room Rent On Planet
Room Rent On Planet
Atakpame, Togo West Africa
Tuesday, April 24, 2007
I have no idea why a person wishes to rent room for months in a location in a cheap country, the big benefit of living in these cheap countries is because you can can move around cheap. To rent a room for over one-month is somewhat of a crazy contract to enter into, unless you want to live for less than 5 dollar per day, then a good idea.
However, many people are always keying in on the cost of renting a room, or buying. I really discourage this and I am was a Real Estate Broker for 14 years, a true expert, I cannot think of many reasons to buy outside the USA, it just a bad investment, but...
I think I know a formula for the people who want to find a room and live in another country.
Find a cheap hotel, then about one-half the price of the cheap room should seize a room for a month. A cheap hotels is in the Roughguides.com or Lonely Planet and is not the expensive section.
Find out the salary per month of the cleaning lady or person in your hotel, then about one-half that should get you a good decent room in the city.
If you want to live like the USA or Europe, then stay there, I am talking to live twice as good as the locals, but twice as good for double the price.
About anywhere on 80 percent of the planet, you can get a decent room for about 30-150 US per month, AC and easy. Then you got the Expats that live in the womb of an Expat, a whole other world and complicated mess full of drunks and scammers.
Buying a home is almost always a silly decision, there are tons of webpage that prey on the naive American that believes he has to purchase, rent, or reserve a room. This is not true, and probably on average make the cost of a trip 10 times more expensive than needed.
Go and live in a place, buying is for the USA, appreciation, a family home, a homestead, not for in Costa Rica or Panama, or Thailand, Philippines. Putting down roots in a third world nation just is not so smart, note, they want to leave, and you want to buy. Get it!
Using the social values of real estate in a poor country is not smart, food, clean, electricity, water, yes, but real estate is way off.
Cost of Living, Long Term Travelers, Expatriate, Real Estate, Togo,Room Rent On Planet