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.
Green Lake to get wetter, brighter, noisier
Posted byTo be honest, this noise and light show will be another reason not to visit Green Lake.
Spinal Tap did not invent turning it up to 11.
Green Lake to get wetter, brighter, noisier
Posted byMany other cities have failed to introduce admission to long established public parks in cities. This includes RenMin Park in Shanghai.
All due to pensioner power.
The Box says goodbye
Posted byYou will be missed.
So long and thanks for all the cheese.
Trafficking in endangered animals on the rise
Posted byIf the snow leopard pelt was real it would fetch a very high price and I doubt it would have been for sale on the street.
Although I agree, the Chinese are not very good at faking.
Trafficking in endangered animals on the rise
Posted byAnd you believed him?