Beihai Real Estate ... 
  Should I rent or buy an apartment in Beihai, China?
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Beihai Real Estate Calculator

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

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


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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Beihai 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 Beihai.

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 Beihai

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


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

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


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


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

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