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

Xian Real Estate Calculator

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




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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Xian 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 Xian.

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 Xian

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


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

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


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


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


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