Yes, foreigners are permitted to buy property in Chengdu, though they must adhere to specific national and local regulations. Generally, foreign individuals must have worked or studied in China for at least one year on a valid residence permit to be eligible. Ownership is typically restricted to one residential property intended for personal use, meaning foreigners are generally prohibited from renting out the property or purchasing additional units for investment purposes. While national laws allow this, some sources indicate that Chengdu may have specific local restrictions, such as limiting foreign ownership to certain designated communities or requiring proof of social insurance contributions. The purchasing process involves additional steps for foreigners, including getting the sales contract notarized and obtaining approval from the local Foreign Office. Prospective buyers should also be prepared for financing challenges, as mortgage requirements for foreigners often include a down payment of 30% to 50% and rigorous eligibility checks by local banks.