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

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

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


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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Jinan 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 Jinan.

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 Jinan

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


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

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


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


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

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