A Guide and Precautions for Purchasing Tourism Real Estate in Dali, Yunnan Province
Tourism Real Estate Guide and Precautions (Dali Edition)
When asked which place is suitable for retirement and vacation, and also appreciates quickly while spending the least amount of money? Additionally, some friends ask about the differences in location and regions. Among several housing developments, which one should they choose? Should they buy in Kunming or in other prefecture-level cities? If purchasing a sea-view property in Yunnan, what should be noted? Here are simple answers to these questions:
Why buy a house in Yunnan, and how will this house be used? Is it for personal seasonal resort living, parents coming over for retirement living, or purely for investment (without renovation, waiting for appreciation before selling)? Below are detailed explanations for each situation:
1. Pure Real Estate Investment
In summary, the basic approach is as follows:
1) The first priority should be buying a house by the Erhai Lake. Since it's an investment, take some risks with higher returns. This mainly depends on the developer's ability to build a city. Dali, Yunnan, is the hometown of the Five Golden Flowers, the cradle of Bai ethnic civilization, a leisure capital, and a Zen-filled Dali. Naturally born Erhai Lake, temperature regulator.
2) Without more than 1 million yuan of idle funds, it is recommended not to make pure investment in housing in Yunnan, because there is no rigid demand in Yunnan.
3) Housing developments more than 5 kilometers away from the Erhai Lake are not suitable for investment because their scarcity significantly decreases.
4) Non-sea view properties, housing developments more than 5 kilometers away from the urban edge, are not suitable for investment because the basis for these developments' hype is fragile.
2. Occasionally come to stay or bring friends over to play.
Without a doubt, buy a house by the Erhai Lake. Mainly to fulfill the dream of youth, facing the Erhai Lake, spring warmth and flowers blooming, starting from tomorrow... This is the image of a utopia, the best sea-view property in Dali City. There are a few issues that friends from other places need to note:
1) Dali winters can be cold. Be mentally prepared.
2) If it is unoccupied for a long time, hand it over to a hotel consultant for management. There will be income.
3) There are quite a few mosquitoes by the Erhai Lake. Keep the screen windows open.
4) When the wind is strong by the water, pay attention to your body, don't get cold or damp.
5) Houses too close to the sea may have easily weathered exteriors (fading), iron objects may rust easily, requiring strict subsequent property maintenance.
These issues may be new experiences for tourists but need serious consideration for homebuyers. Friends purchasing houses in the Erhai International Ecological City in Dali, Yunnan, should carefully observe the surrounding environment, culture, and facilities.
3. Parents coming over to stay for 1~3 months.
Since this involves elderly living, this issue is relatively complex and needs careful analysis. Since parents are coming over for retirement, we need to focus on several factors:
1) Living. Whether groceries, oil, salt, rice, vinegar are within their activity range;
2) Hospital. Whether there is an emergency medical facility nearby, preferably no more than 3 kilometers away;
3) Transportation. In case of emergencies, whether you can reach the main cities in Yunnan as quickly as possible;
4) Entertainment. Whether there are activities for the elderly to enjoy.
Additionally, we need to evaluate several elements:
1) Air quality. Whether the air meets the requirements;
2) Climate. Including temperature, humidity, precipitation, sunshine duration, whether they meet the requirements.
3) Hot springs. Whether hot springs are needed, and how likely they are needed?
4) By the Erhai Lake. Pay attention to sun protection and insect prevention.
In conclusion, Lizhen believes that choosing a convenient transportation option, quiet neighborhood environment like the Erhai International Ecological City would be ideal for elderly living.