Sanya attracts increasing number of international home buyers
Sanya, as a tropical tourist destination, has always been a main focus for the “snow birds”, people running away from the cold weather in the northern regions of the country. But now, with the elevated international reputation and increasing visitor numbers, Sanya has been increasingly attractive for international home buyers
Beautiful tropical sceneries and comfortable living environment are the main reasons for investors who want to own their residences in Sanya.
Investors from other countries like Russia, USA, Germany, Japan and Hong Kong are on the top list of house purchasing.
According to the Sanya Real Estate Transaction Bureau, non-island citizens constituted 85% of commercial residential home purchases in Sanya. Buyers from northeast of China, Beijing and Yangtze River Delta regions are the main force of purchases in home properties.
Since 2003, the total area of house transaction by international buyers exceeded 180,000 sqm.
Translated by WOS Team
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