Is a house in Laos worth buying?

Houses in Laos are worth buying.

Nowadays, housing prices in China are relatively expensive, while the current housing prices in Laos are relatively low. With the opening of the China-Laos Railway, Laos may become a distribution center for tourists. If you choose to buy real estate in Laos, there is room for appreciation. Still big.

According to Laos's house purchase policy, there is no limit on the number of houses purchased, nor is there any limit on the down payment ratio. Compared with most areas in the country, this is a very large discount, and the property rights are usually 70 years. Home buyers can Choose a lump sum, installment or mortgage loan.

Although Laos is not very developed now, the opening of the China-Laos Railway will definitely drive local economic development. By then, whether the house is transferred out or used for rent, the rate of return will be very high. Not bad.

China and Laos have a very good relationship and are partners for long-term and stable development. Therefore, if our people want to buy houses in Laos, the local government is also very supportive, but we must pay attention to the fact that they must strictly follow Laos’ policies and regulations. implement.

Things to note when buying a house in Laos

1. Pay attention to preparing relevant documents

There are two main steps to apply for a real estate certificate when buying a house in Laos. The first is to sign the house purchase contract. When purchasing a home, the buyer needs to prepare a scanned copy of the property owner's passport and the cost of the home purchase. Although there are many local transaction methods, in order to avoid trouble, it is recommended to negotiate the exact price and payment method in advance. Second, when applying for a real estate certificate, you need to prepare the corresponding fees and purchase contract.

2. Pay attention to the transfer method

The local currency in Laos is kip, but home buyers can choose to buy houses in US dollars, which can directly avoid losses caused by the depreciation of the Laos currency. If Foreigners who want to buy a house in Laos need to remit the house payment in US dollars to a designated account. If we Chinese want to buy a house in Laos, we need to transfer the money to an overseas account.