Should I rent or buy an apartment in Shaanxi, China
Flag of China
China Travel and Hotel Guide

Shaanxi Real Estate Calculator

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Shaanxi 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 Shaanxi.

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 Shaanxi

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


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

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


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


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

Beijing Real Estate - Xian Real Estate - Shanghai Real Estate - Hong Kong Real Estate - Jinan Real Estate - Guangzhou Real Estate - Guangdong Real Estate - Chengdu Real Estate - Xiamen Real Estate - Zhengzhou Real Estate - Kowloon Real Estate - Shenzhen Real Estate - Beihai Real Estate - Dalian Real Estate - Nanjing Real Estate - Chongqing Real Estate - Hangzhou Real Estate - Harbin Real Estate - Kunming Real Estate - Pudong Real Estate - Qingdao Real Estate - Wuhan Real Estate - Shenyang Real Estate - Tianjin Real Estate - Shaanxi Real Estate - Sichuan Real Estate

China Hotels | Hotel Bookings | China Domestic Flights | China International Flights | Travel in China!