Real Estate in Macao, China
Last updated on Apr 12, 2023
Summary: The most desirable neighborhoods in Macao, China are Taipa, Coloane, and Nape. The average cost to buy a nice 2 bedroom home in Macao is around $1.2 million USD, and a nice 3 bedroom home is around $2 million USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and modern appliances. Foreigners are allowed to purchase property in Macao, however, there are certain restrictions. For example, foreigners are not allowed to purchase property in certain areas, such as the Macau Special Administrative Region. An expat looking to buy a home in Macao should start by researching the different neighborhoods and areas to find the best fit for their needs. They should also research the local real estate market to get an idea of the current prices and availability. Additionally, they should consider hiring a real estate agent to help them find the perfect property.
How do I find a place to live in Macao?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"When looking for a place to live in Macao, a good place to start is to research property websites such as Propertyfinder.mo and Propgo. They offer a wide range of housing for rent and for sale in Macao, with different areas and types of housing. Additionally, you can find listings on websites such as Airbnb, Macaobesthomes, and houseonmacao, which offer a variety of different forms of accommodation. Once you have found a suitable property, you can contact estate agents and brokers directly to arrange a viewing. Additionally, it is a good idea to talk to locals, who can provide you with valuable advice on the best places to live, as well as other details such as the cost of living in Macao," remarked one member in Macao, China.
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What is a typical expat home or apartment like in Macao?
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About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat 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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