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Housing in Venezuela
 
 
 

General

Renting houses or apartments is somewhat difficult nowadays anywhere in Venezuela. Costs are either high or low depending on which location you're in. Caracas is major city; consequently, nice, safe areas are expensive. Finding help before you arrive is a good idea. Contacting local rent agencies, checking local newspapers such as El Nacional or El Universal might also help.

Any foreigner can buy a property in Venezuela with just a valid passport, a tourist visa and a Registro de Información Fiscal (RIF). The RIF is a fiscal identification for all persons, and can be obtained for free by request at any Tax Administration office or the Servicio Nacional Integrado de Aministración or through a lawyer. Foreigners may also buy indirectly, through local companies or through foreign companies.

Overview

Expatriate Areas

Most popular areas in Caracas are: Alameda, Altamira, Colinas de Bellomonte, Country Club, El Peñon, La Castellaña, Los Chorros, Prados del Este, Palos Grande, Santa Rosa de Lima and Valle Arriba. Alto Hatillo and Lagunita Country Club are new areas.

Housing

The expatriate housing market is large and varied, though subject to high prices. For security reasons, apartment complexes are more highly recommended to expatriates than freestanding houses. Prices are quoted in US dollars but are paid in local currency depending on the official exchange rate.

Cost of Housing

Varies on the size of the house or apartment and you will be paying anything from US$ 2,500 (3 bedroom apartment) to US$ 6,500 (4 bedroom apartment) and US$ 5,900 (4 bedroom detached house) up to US$ 9,400 (5/ 6 bedroom detached house) and even higher. The local currency is Bolívar (Bs).

 

 
 

 



 


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