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.
Spring Festival 2020 Business Opening and Closing Times
Posted byThe re-opening of the meituan site is very helpful, thanks.
Kunming bank opens first biometric outlet in Yunnan
Posted byIf they are stopping family members from sharing, accessing SIMs, then I hope they relax the rules for foreigners.
Snapshot: Kunming's first ever PechaKucha Night
Posted byOff topic, but related to theme songs. When we watched terrestrial TV we listened to the whole theme, even if only in the background while we quickly made a cup of tea or finished off some other chore. With streaming, or watching box sets, we quickly FF over the theme song and titles. We are missing a lot of great music.
Everything else said by the last two posters can be captured within the idea that we no longer live in a society, we live in a market.
Yunnan reaches out to Cambodia with children's health initiative
Posted byThere is another elephant in the room.
Kunming dog registration required as of August 1, 2019
Posted byHa ha.