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Real Estate in Qingdao, China | Digital Nomad Exchange
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Real Estate in Qingdao, China

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By Joshua Wood, LPC

Last updated on Nov 14, 2024

Summary: The most desirable neighborhoods in Qingdao, China are Shinan District, Laoshan District, and Chengyang District. The average cost to buy a nice 2 bedroom home in Qingdao is around $200,000 USD, while a nice 3 bedroom home can cost around $300,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and high-speed internet. There are no restrictions on foreign ownership for properties in Qingdao. An expat looking to buy a home in Qingdao should start by researching the different neighborhoods and their amenities. They should also look into the local real estate market and compare prices. Additionally, they should consider hiring a real estate agent to help them find the best property for their needs.

How do I find a place to live in Qingdao?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One way to find a place to live in Qingdao is to contact a realtor or property management company that specializes in the local Qingdao market. Many real estate companies and websites have detailed listings of available apartments and homes for rent or sale. Additionally, local landlords and housing agencies can provide potential tenants with helpful information about available rentals, as well as advice about areas of the city and nearby neighborhoods. Lastly, China’s Craigslist-like website 58.com is a great resource for potential renters, as the website features listings from a variety of landlords and real estate companies in the Qingdao area," said one expat in Qingdao, China.

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What is a typical expat home or apartment like in Qingdao?

"In Qingdao, many expat homes and apartments are modern and come with a good range of amenities. Most expat homes are in residential compounds with facilities such as swimming pools and gyms, as well as conveniently located close to city attractions. Apartments tend to be either fully furnished or semi-furnished, with some providing additional services like house cleaning and laundry. Moreover, the apartments usually have solar hot water, air conditioning, and free internet access. Overall, Qingdao is a great place to live for foreign expats, with plenty of modern and comfortable options available," said one person in Qingdao, China.

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Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

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Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

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What is the average cost of housing in Qingdao?

If you are thinking about moving to Qingdao, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Qingdao can vary greatly depending on the type of housing and the area. On average, studios and apartments are the most popular and cost anywhere from 1,000 to 3,000 RMB per month, depending on size and location. Townhouses and villas can be more expensive and cost anywhere from 6,000 to 10,000 RMB per month," said one expat in Qingdao, China.

Should I buy or rent a home in Qingdao?

If you have not spent a lot of time in Qingdao, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"If you are planning to live in Qingdao, you should consider both the buying and renting options. When deciding whether to buy or rent, you should factor in the amount of money you have available, how long you plan to stay in the city, and your own personal preferences. Buying can be an expensive option and you will need to save for the long-term investment, but it can build equity and provide stability in an area if you decide to stay for a longer period of time. On the other hand, renting offers more flexibility and requires less of a commitment than buying a home and can be more affordable on a monthly basis. Ultimately, it is important to weigh all of your considerations when making a decision," said one expat who made the move to Qingdao, China.

What do I need to know when buying property in Qingdao?

When we asked expats what advice they would give a foreigner before buying a property in Qingdao, they said:

"When buying property in Qingdao, it is important to research the local market and understand the legal requirements for purchasing property. It is also important to be aware of the local taxes and fees associated with buying property, as well as any restrictions on foreign ownership. It is also important to ensure that the property is in good condition and that all necessary paperwork is in order. Additionally, it is important to be aware of the local infrastructure and amenities, as well as the availability of public transportation. Finally, it is important to be aware of the local culture and customs, as well as any potential risks associated with buying property in Qingdao," said one person in Qingdao.

Are foreigners allowed to own property in Qingdao?

When we asked expats what advice they would give a foreigner before buying a property in Qingdao, they said...

"Yes, foreigners are allowed to own property in Qingdao. According to the Chinese government, foreign citizens, companies, and other organizations are allowed to purchase real estate in China, including in Qingdao. However, there are certain restrictions in place, such as the fact that foreign citizens are not allowed to purchase agricultural land or land designated for military use. Additionally, foreign citizens are not allowed to purchase more than one property in China," said one expat in Qingdao.

What appliances are typically included in a rental?

We asked foreigners in Qingdao what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In Qingdao, rental properties typically include a refrigerator, a washing machine, an oven, a stove, and a water heater. Additionally, some properties may also include air conditioning units, a dishwasher, and a microwave," said one expat in Qingdao.

Additional Information about Searching for a Home in Qingdao:

We asked foreigners in Qingdao what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in Qingdao by looking online for real estate listings, contacting local real estate agents, and searching for expat-specific housing websites. Additionally, expats can join online forums and social media groups to connect with other expats in the area who may have advice or recommendations for housing," explained one expat in Qingdao.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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