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How many years is the property right of serviced apartment? Can I invest in serviced apartments?
An apartment with 70-year property rights should be a residential commercial house, but it depends on the nature of property rights to define whether it is residential or commercial. If they are all houses, it is the second suite.
Generally, the property rights of serviced apartments are commercial, and the property rights are forty or fifty years. If the property right is 70 years, it will generally be defined as residential. At present, the national purchase restriction policy is mainly aimed at residential commercial housing.
In addition, article 5 of the country is aimed at residential commercial housing, and the general property right period is 70 years. The specific implementation rules have not yet been issued, so don't worry too much.
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