When looking for an apartment for rent Ho Chi Minh City Vietnam, renters usually question a lot about the kind of apartments. Is it trustworthy? Which procedure and condition to rent an apartment? This post will give you some important notices so you can refer before looking for a cheap apartment for rent in Ho Chi Minh City Vietnam.

Do you have a family and want to own your own place to call home in Vietnam? Are you single but you want an independent life in Vietnam? Or are you a migrant worker who wants a stable place to live and work? Whoever you are, the need of a place to stay is the same, and a perfect choice for you is apartments for rent in Ho Chi Minh Vietnam.

So what do you need to know when you want to find a cheap apartment for rent in Ho Chi Minh City? Let’s find out some information and experience for it.

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1. Adjust your ability of finance

The most important thing before deciding to find an apartment for rent Ho Chi Minh City Vietnam is that the renter needs to calculate carefully about their finance to avoid the situation of losing the ability to pay the rent periodically.

2. The ability of finance

The saving money you have, the monthly income of you alone or your whole family after subtracting every other monthly living cost.

3. Supportive ability of finance

You may be supported by your family or close friends a part of the budget for the deposit of an apartment for rent Ho Chi Minh City Vietnam. They may lend you the money without asking for interests or the interest may be lower than the banks’.

4. The ability to pay debt

You may have to be able to pay the debt after holding a deposit or paying rent. You need to know exactly how much money you will spend to pay the debt, and the interest has to be under control when it convulses (you better have an additional commitment to the increasing interest rate not over the allowed ceiling rate), especially you should not have other incurred costs or the incurred costs are trivial.

However, you should not lend too much but only about 20% – 30% value of the apartments for rent in Ho Chi Minh City Vietnam so you will not lose the ability to pay the rent.

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5. You have to know about the project clearly

This is a crucial step and the crucial groundwork that helps renters to have an overview of the project: location, applications, infrastructure, prices and investor information… are some basic information that renters need to consider. You can refer from many different resources, such as old renters or who are knowledgeable about the real estate sector, selected information on the internet or some websites which have an apartment for rent short term in Ho Chi Minh, consultants of the real estate agents.

Writer: MODOHO

I hope this article will help you in deciding your dream apartment when living in Ho Chi Minh city. If you need any help from a local expertise with free searching services (only landlord have to pay) feel free to contact us. Here is some listing for you:

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