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.
Welcome to the new GoKunming!
Posted byGreat changes.
Thanks to the GoK team, all.
Yunnan reopens 13 international border crossings
Posted byAh! but what do they mean by "non-residents of Yunnan"? This sounds like Chinese nationals not resident in Yunnan. Which would allow non-locals to cross these borders.
This would not include foreigners.
As for the number, 13 re-open, when some were not closed. That is typical of the way things often get reported in some parts of the world. Like the list of 700 universities was published and China had x number in the 'TOP 700 world ranked universities'.
Kunming to monetize street vendor chaos
Posted byYes, I think Alex has a point. In Hangzhou (and other cities I have visited) it is organised. The vendors have a table and the tables are in clearly defined rows (some streets 4 rows, wider parts 6 rows). The pedestrians can navigate through the night markets.
The big advantage of tables is that you don't get the sprawl across the pavement, and there are clear walkthroughs. The other thing is that there are no people selling out of the trunk of the car, this alone takes up a lot of room.
Outside Sal's a few months back there was a problem, because there was no way to get onto the sidewalk to park a bike. Putting aside the rights and wrongs of who did what, it was the over abundance of street vendors that was the root cause.
Kunming to monetize street vendor chaos
Posted byAnd all to be 'policed', and ID checks by chengguan.
Now there is a money making opportunity if ever there was one.
Rumors swirl as Shanghai football club eyes Kunming
Posted byFor the people who run clubs in S.America and Europe it is all about the love of the 'beautiful game'. Somehow I think in Asia it is all about the love of filthy lucre.