Guangzhou Real Estate ... 
  Should I rent or buy an apartment in Guangzhou, China?
China Travel and Hotel Guide

Guangzhou Real Estate Calculator

Finding a Home In Guangzhou
If you plan to rent or buy a property in Guangzhou, finding your property will be a major step in your relocation to Guangzhou. If you have not lived in Guangzhou, you should rent rather than buy your property in Guangzhou, at least for six months. If you would like to rent or buy a real-estate property in Guangzhou you may email us at webmaster@china-travel-guide.de with your real-estate questions.

It is the best way to know not only if Guangzhou is the place you want to live or retire for the next few years, but also if Guangzhou is suited for you.




Apartments & Houses in Guangzhou
If you are planning on living in Guangzhou, it is likely that you will be living in an apartment/condo versus a house.

Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.

Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don't count on real-estate agents in Guangzhou to point out the negatives of a place they're trying to rent or sell you.

Guangzhou Agencies
Real-estate agencies in Guangzhou advertise in local Guangzhou newspapers and as well on their office windows.

You should be able to notice a real estate agency in Guangzhou by the window full of ads for the different apartments or houses they have available for rent or sell in Guangzhou.

Before you begin working with an agency in Guangzhou, check that their fees are acceptable and that they are a member of the Guangzhou Real-estate Assocation. In most rental agreements in Guangzhou most agencies charge a month's rent for a twelve-month rental agreement.

When selling a property in Guangzhou, real-estate agents in Guangzhou usually charge between 2.5% and 3% of the final sales price.
Monthly rent Guangzhou:RMB
Monthly Guangzhou rental insurance:RMB
Expected annual inflation rate in Guangzhou:  %
Purchase price of property in Guangzhou:RMB
Down payment amount:RMB
Length of Guangzhou mortgage term (years):#
Guangzhou Mortgage's annual interest rate:  %
Discount points on purchase of home in Guangzhou:  %
Origination fees:  %
Other loan costs in Guangzhou:RMB
Mortgage Insurance (PMI):  %
Guangzhou Homeowner's insurance rate:  %
Monthly association dues in Guangzhou:RMB
Average monthly maintenance of Guangzhou property:RMB
Guangzhou Annual property tax:RMB
Guangzhou plus government income tax rate:  %
Interest rate you expect to earn on savings in Guangzhou:  %
Expected percentage your Guangzhou home will appreciate by each year:  %
Number of years you will stay in Guangzhou:#
Guangzhou Realtor commission rate:  %
Total estimated cost of renting a property in Guangzhou:RMB
Total estimated cost of buying a property in Guangzhou:RMB
After coming to an agreement on a rental or purchase, both parties in Guangzhou sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Guangzhou with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Guangzhou will be affixed to the agreement.

Renting
Real estate agencies in Guangzhou are the safest way if you want to rent or buy a property in Guangzhou. Please make sure they are a licensed agent in Guangzhou and very familiar with the Guangzhou property market.

Local newspapers in Guangzhou also advertise apartments and houses for rent, but word of mouth is the best way in Guangzhou. If you are currently an academic in Guangzhou, you could check local at local universities in Guangzhou, where apartments or rooms for rent are commonly posted.

In general rental rates in Guangzhou, increase by a small percentage each year in accordance with the government's annual cost of living reports in Guangzhou. You can find yearly leases in Guangzhou, and more short-term housing is available near academic institutes or around tourism areas within Guangzhou.

Short-term tourist housing in Guangzhou is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Guangzhou.

If you want to buy a property in Guangzhou, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Guangzhou to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Guangzhou.

If you are buying a brand new property, you'll need to pay property tax in Guangzhou. If your purchase is a luxury property, you may have to pay local taxes in Guangzhou and possible stamp duty.

Even as a non-resident homeowner in Guangzhou, you may become liable for all kind of taxes in Guangzhou, including income tax.

Guangzhou Mortgages
If you plan to take a mortgage in Guangzhou you need at least a 20% downpayment of the purchase price of the property in Guangzhou. Even if you generate rental-income from renting your Guangzhou property out, it is not considered by most lenders as you may decide to move in, at a later time.

The Guangzhou Real Estate calculator will help you to compare the costs of renting a house or condo in Guangzhou to the costs of buying a house or condo in Guangzhou. Since there are all kinds of forces at work behind the scenes such as the current interest in Guangzhou, Guangzhou property taxes, tax savings, appreciation in general to investments in Guangzhou, comparing the cost of renting to the cost of buying in Guangzhou is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment.

The Guangzhou Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Guangzhou.

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields.

Property Types in Guangzhou

  • Guangzhou Multi-Family
    Traditional, multi-family residential complexes located in Guangzhou and suburban markets of Guangzhou.


  • Guangzhou Mixed-Use
    Properties in Guangzhou that integrate and combine residential with different uses, including retail and office spaces.

  • Guangzhou Office
    Traditional office or office type properties in Guangzhou.


  • Guangzhou Retail
    Properties in Guangzhou with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Guangzhou.


  • Guangzhou Light Industrial
    Single- or multi-tenanted spaces in Guangzhou used for warehouse, manufacturing, distribution, or research and development in Guangzhou.


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