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

Tianjin Real Estate Calculator

Finding a Home In Tianjin
If you plan to rent or buy a property in Tianjin, finding your property will be a major step in your relocation to Tianjin. If you have not lived in Tianjin, you should rent rather than buy your property in Tianjin, at least for six months. If you would like to rent or buy a real-estate property in Tianjin 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 Tianjin is the place you want to live or retire for the next few years, but also if Tianjin is suited for you.




Apartments & Houses in Tianjin
If you are planning on living in Tianjin, 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 Tianjin to point out the negatives of a place they're trying to rent or sell you.

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

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

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

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

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

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

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

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

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

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

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

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

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

The Tianjin 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 Tianjin.

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 Tianjin

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


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

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


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


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


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