Hainan is a holy land for tourism. Are houses there worth investing in?

Recently, a friend left a message on the WeChat background saying that many of his friends have gone to Hainan to buy houses. I went to live there in the winter, and it could also be used as an investment, waiting for the appreciation in value, and I was tempted. I asked the editor if it is possible to buy a house in Hainan now. In fact, many of my friends have bought houses in Hainan.

So at the end of the day, are houses in Hainan still worth buying for us ordinary people? In fact, friends who want to buy a house in Hainan have two purposes. One is investment, the other is vacation and living.

Let’s talk about investment first. First of all, the general trend in our country must be to curb real estate speculation in the real estate market. Therefore, many popular cities in Hainan, such as Sanya, Haikou, Qionghai, etc., have implemented purchase restriction policies. And even if there are no purchase restrictions, housing prices in these popular cities are not low now. Sanya, the most popular, has a price of 30,000 to 40,000, and Haikou is about 17,000.

Do you think there is still room for growth? To be honest, I think there should be room for growth. Because Hainan Island’s tourist resorts with clear water and fine sand are scarce resources for people across the country. It’s just that there are quite a lot of new real estate projects in Hainan Island. The market for second-hand houses is not that hot. Whether you can sell it well after investing is a question. You may have to be prepared to keep it in your hands for a long time. If you add in the property tax that will be levied in two years, it will be another cost.

Some friends said that I live here on vacation. Indeed, many people now buy houses in Hainan just to stay and vacation. It is quite fun to go there in winter. But now most of the people who vacation there in winter are middle-aged and elderly people. For us young office workers, we have to think about it carefully. Hainan Island is located at the end of the world. How long can we live there in a year? If we only go there for ten days and a half a year. Let's do the math, it's far less cost-effective than staying in a hotel.

If you still think it is expensive, you can look at some areas that are slightly inland and not close to the sea. It’s still possible to spend hundreds of thousands to buy a small apartment, but you must do what you can and don’t put too much burden on your family’s financial situation just for a vacation. ?