Olympic Home for Rent in Beijing
China Net (中国网) reported that there will be 50,200 registered guests visiting Beijing during Olympic Games weeks. They are athletes, officers, medias, sponsors and special guests. The estimated oversea visitors are 600,000 and domestic visitors are 2,600,000. Beijing Tourism Bureau said that there will be sufficient accommodations for all the visitors. The key is that you, as a visitor, must prepare more budget for your stay! Here are some numbers:
- Vacation home: 1 bed room/2 bed rooms : 800 RMB - 1500 RMB/day (120 -220 USD/day)
- Budget hotel (e.g. HomeInn): 1,000 RMB - 2,000 RMB/day ( 150 USD - 300 USD/day)
Wow. Can you believe that people are actually going to rent apartments at this price?
Tips to SAVE money:
- Stay at your friends’ or relatives’.
- Stay in neighborhood city, e.g. Tianjin. The commute between Tianjin and Beijing is about 1 hour, ticket at 70 RMB single trip. Not a great deal if you are traveling with a family.
- Stay away from the Bird’s Nest. The closer to the Bird’s Nest, the more expensive it is.
Our friend Eric is just relocated from Beijing to Shanghai, and he wants to rent out his apartment as an Olympic Home. If you are visiting Beijing for Olympic Games and haven’t found a place to stay, this is a pretty good deal:
- Address: Rm xxxx, Building 10, Xinkang Garden, Xisanqi Est. Rd, Haidian, Beijing
- 地址: 北京市海淀区西三旗东路新康园10号楼xxxx
- 10 minutes’ walk to Huoying (霍营) Subway Station on Line 13. Taxi 20 RMB to National Stadium.
- 3 bedrooms, 2 bath rooms; all rooms are equipped with air conditioning.
- Unlimited broadband Wireless/cable Internet
- Solar energy power warm water system.
- 40 sqm living room, 25+sqm patio, total indoor area 137.15 sqm (not include the patio).
- Full electronic furnished kitchen
More information from Eric via Q&A:
Q: How much are you charging? For what period of time?
A: For August 1 - 31, I charge 100 USD/day for the entire apartment (3 bedrooms).
Q: What is the rental market like? What are you seeing people charging? You must know the market to be able to price your own property.
A: Beijing government have collected lots of Olympic Homes to provide such service. They charge 60-80 USD/ room/day.The hotels charge for olympic guest for about 200$/room/day. Here are some Olympic Houses that charge 5,000 USD / month.
Q: What is the market for Olympic rental housing at this time? What other websites have rental housing listings? (whether or not you posted on it?) Anyone who is seriously looking around will look at other listings as well so helping people get educated will make them more confident about your listing.
A: The market for Olympic rental include the oversea visitors and China domestic visitors. Lots of local people hope to make money from oversea guest. Beijing Craigslist has lots of houses for Olympic visitors. Most of them charge about 1000RMB/room/day or 8000 USD -20000 USD per month for a 3-bed room apartment. I only posted once on Beijing Craigslist, but didn’t get any contact so far.
Q: You show a floor plan. Are all the numbers square meters? Is it 137 m2 inside and 168 m2 including the outside patio?
A: Yes, you are right, it is 137.15 m2 inside, and 168m2 including the outside patio. It is on the top floor of the building, have a very good view.
If you are interested in finding more information about the apartment, contact Eric directly: mobile: 0086-135-6458-628eight, Email: yundong.sun#gmail.com.
