Unless you have paid tax in Kunming for 12 months you cannot get a mortgage. New regulation. Affects Chinese nationals as well.
If you already own one property in China, you cannot buy a second property in Kunming, unless you have a Kunming HuKou (Household ID, for Chinese nationals). Even with cash. New regulation.
If you already own 2 or more properties in China, you cannot buy in Kunming, even with cash. New regulation
Unless you have been resident in China for 12 months, you cannot buy property. Old regulation.
Regards real estate agents, things work differently to how they do back home. People who have property go to their local real estate agent, and this can be really local. Often 10 agents will have the same prop in the window, but only one will have the keys. There can be as many as 30 independent real estate agents in one small area.
Best way to find property is to go to the neighbourhoods where you think you could live. Have a good walk around to get a feel for the place, and look at buildings you might like to live in.
Look at local agents windows. There will always be at least one that looks more professional, possibly part of a chain. Hit these first. If you can, find an interpreter that you can trust not to try and act like an agent and try to get a commission.
Deposits vary, usually 2 months rent. You may also be expected to stump up the first 3 months rent in advance, but not always. The agent may expect a finders fee of one months rent (you pay), but this is easily negotiated down.
If you are looking to rent higher end accommodation or a house, there is a shortage of this type of property in Kunming. We tried to find 'middle class' prop of over 150m around Green Lake a few month ago. There were only 2 apartments available. We also looked for houses in the Dianchi area, only about 6, and only two were suitable.
There is a lot of empty prop around Kunming, but most of it not decorated (no kitchen, no bathroom), and of the little that is decorated many are unfurnished.
China-South Asia Expo takes over Kunming
Posted byWhat it could mean would have been figured out long before they embarked on the initiative.
China-South Asia Expo takes over Kunming
Posted byI think of it a bit like an open belt, a strip or swathe. Or if the roads are the lines of communication/trade, then the area of influence (political/economic) along the road is the belt, Others may see if differently.
Definition from Merriam Webster
Belt - an area characterized by some distinctive feature (as of culture, habitation, geology, or life forms); especially : one suited to a particular crop the corn belt
Bullet train to Dali to begin running July 1
Posted byDali will change even more, but that rate of change may be faster. What will change is the crowds and prices for accommodation. If it follows the pattern of Lijiang and other places, locals will sell up and outsiders will move in, either as buyers or long term renters.
Bullet train to Dali to begin running July 1
Posted byThanks.
Bullet train to Dali to begin running July 1
Posted byWhat are the eight stations? Does anyone know?