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.
The evolution of Chinese National Day in Kunming
Posted byFor those who drive, there are going to be a couple of bridge closures and other major roadworks over the holiday.
You xiaoqu (community) management should have a government printed booklet on all of the closures and detours. We were given ours today.
Creating pub culture in Yunnan, an interview with Teddy Bowers
Posted byI think the aim is to write about people who are active in the expat community. The writers will hit the people they already know as low hanging fruit. Maybe is someone who likes to write knows people in the music scene.they could broaden the range of people covered.
Bringing classic Shanghai elegance to Kunming
Posted byIt isn't the first time. but it is still of interest as I now know of another nice place to go for a change.of scenery. It is also nice that another type of cuisine has been added to the local scene.
Law prohibits new shared bike companies from coming to Kunming
Posted byI had to visit a couple of the areas just outside the north and east of Manchester city centre 20 years ago, and I was shocked by the levels of poverty. In the last 20 years it has not got better.
Venerable foreigner health check clinic moves to new location
Posted byIf anyone is going in September. Please let us know if the procedures have changed. In Shanghai they made strip to our underwear and wear a surgical gown and slippers.