Should I rent or buy an apartment in Shanghai, China?
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Shanghai Real Estate Calculator
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Finding a Home In Shanghai
If you plan to rent or buy a property in Shanghai, finding your property will be a major step in your relocation to Shanghai. If you have not lived in Shanghai, you should rent rather than buy your property in Shanghai, at least for six months. If you would like to rent or buy a real-estate property in Shanghai 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 Shanghai is the place you want to live or retire for the next few years, but also if Shanghai is suited for you.
Apartments & Houses in Shanghai
If you are planning on living in Shanghai, 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 Shanghai to point out the negatives of a place they're trying to rent or sell you.
Shanghai Agencies
Real-estate agencies in Shanghai advertise in local Shanghai newspapers and as well on their office windows.
You should be able to notice a real estate agency in Shanghai by the window full of ads for the different apartments or houses they have available for rent or sell in Shanghai.
Before you begin working with an agency in Shanghai, check that their fees are acceptable and that they are a member of the Shanghai Real-estate Assocation. In most rental agreements in Shanghai most agencies charge a month's rent for a twelve-month rental agreement.
When selling a property in Shanghai, real-estate agents in Shanghai usually charge between 2.5% and 3% of the final sales price.
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