Buying an apartment in Ningbo

[maguin]

Hi,

I would like to know if it is possible for a foreigner to buy an apartment in Ningbo. Does it work like in Europe?, I mean will you own the property?, or is it like a lease to the government?.

[vvrganesh]

Of course it is possible for a foreigner to own an apartment. I am sorry I don't have answers to your other questions as I don't know about it.

[vvrganesh]

You can also check at this link maybe will get some more info on this topic

ningboguide.proboards56.com/index.cgi?board=general&action=display&thread=1174480825

[terrywchina]

There are new ownership property laws that were recently approved, that assure your ownership rights but i am not sure on the implementation date. However you could check with the foreign affairs office of Ningbo Municiplal government, they should be able to give you full details.