Real Estate in Taipei, Taiwan

"One of the best ways to find a place to live in Taipei is to use online resources such as Airbnb, Expedia, or other rental websites. You can also search for local real estate agents who specialize in Taipei rentals. Additionally, you can look for classified ads in local newspapers or on bulletin boards in the city. Finally, you can ask friends or family who live in Taipei for recommendations," explained one person living in Taipei, Taiwan.

"Expat homes and apartments in Taipei are typically modern and well-equipped. Most apartments come with air conditioning, a washing machine, and a refrigerator. Many also have balconies with views of the city skyline. Expat homes and apartments are usually located in the city center, close to public transportation, restaurants, and shopping centers. They are also often located in residential neighborhoods, providing a more peaceful and private living environment," remarked one foreigner who made the move to Taipei.

"The cost of housing in Taipei can vary greatly depending on the size and location of the property. Generally, the average cost of a one-bedroom apartment in the city center is around NT$30,000 (US$1,000) per month, while a three-bedroom apartment in the suburbs can cost around NT$20,000 (US$650) per month," explained one expat living in Taipei, Taiwan.

"When deciding whether to buy or rent a home in Taipei, it is important to consider your budget, lifestyle, and long-term plans. Buying a home in Taipei can be a great investment, as the city is known for its strong real estate market. However, it is important to factor in the cost of a down payment, closing costs, and other associated fees. Renting a home in Taipei can be a more affordable option, and it can also provide more flexibility if you are not sure how long you will be living in the city. Ultimately, the decision to buy or rent a home in Taipei should be based on your individual needs and preferences," remarked one foreigner who made the move to Taipei.

"1. It is important to research the area you are interested in buying property in, as different areas may have different regulations and taxes. 2. It is also important to understand the local laws and regulations regarding property ownership, as well as any restrictions that may apply. 3. It is recommended to hire a local lawyer to help you understand the legal aspects of buying property in Taiwan. 4. It is important to understand the different types of property available in Taiwan, such as residential, commercial, and industrial. 5. It is also important to understand the different types of mortgages available in Taiwan, such as fixed-rate, variable-rate, and interest-only mortgages. 6. It is important to understand the different taxes and fees associated with buying property in Taiwan, such as transfer taxes, registration fees, and stamp duty. 7. It is also important to understand the different types of insurance available in Taiwan, such as fire insurance, earthquake insurance, and flood insurance. 8. It is important to understand the different types of financing available in Taiwan, such as bank loans, mortgage loans, and personal loans. 9. It is also important to understand the different types of contracts available in Taiwan, such as sale and purchase agreements, rental agreements, and lease agreements. 10. Finally, it is important to understand the different types of services available in Taiwan, such as property management, property maintenance, and property valuation," said one expat in Taipei.

"Foreigners are allowed to own property in Taipei, but there are certain restrictions and requirements they must meet. Foreign nationals must first obtain approval from the Taiwanese government before purchasing property. This involves submitting an application to the Investment Commission of the Ministry of Economic Affairs. Additionally, the principle of reciprocity applies, meaning that citizens of countries that allow Taiwanese citizens to own property in their country are eligible to purchase property in Taiwan. Once the approval is granted, foreigners can own property in Taipei, but they may face limitations on the type and size of the property they can purchase. It is also important to note that owning property in Taiwan does not grant residency or citizenship rights to foreign nationals," said one person in Taipei.

"In a rental property in Taipei, tenants can typically expect to find a refrigerator, washing machine, air conditioner, and water heater. Additionally, some properties may also include a microwave, oven, and/or dishwasher," remarked one foreigner who made the move to Taipei.

"Expats searching for homes in Taipei often start by browsing online property listings on websites such as 591.com.tw, tealit.com, or rent.591.com.tw. They may also join Facebook groups dedicated to housing and rentals in Taipei, where they can connect with other expats and locals who are renting or subletting their properties. Additionally, expats can seek the help of local real estate agents who are familiar with the area and can help them find a suitable home. Word of mouth and recommendations from friends or colleagues can also be valuable resources in finding a home in Taipei. Finally, some expats may choose to explore neighborhoods in person, looking for rental signs or contacting building management offices directly to inquire about available units," wrote one expat who made the move to Taipei.