The difference between the commercial nature and residential nature of serviced apartments

Residential building is clearly defined in the Code for Residential Design and the Code for Residential Building: Family Residential Building. There is no clear definition of apartment in the current design code. To understand the meaning of apartment, we must first understand another concept of real estate industry, called multi-family building.

This concept means having more than one unit, or a building has multiple units. Multi-family buildings can be divided into two categories. The first category is buildings with two to four living units, which are usually called two to four families. The second category is buildings with five or more residential units, usually called apartments.

Apartment is one of the most common forms of commercial real estate investment. By definition, a house is for one family, while an apartment is usually used by multiple families or people.

2. Different household registration restrictions

There are great differences between serviced apartments and ordinary houses in terms of fees and household registration restrictions when buying or transferring. , affecting the convenience of life.

3. Different property rights.

There are two kinds of property rights of serviced apartments: one is commercial property rights with a term of 40 years, and the other is residential property rights with a term of 70 years. Therefore, before buying, you should know whether it is commercial property rights or CN residential property rights, and the difference is nearly half.

Then miscellaneous expenses such as property fees (that is, the necessary expenses that cannot be shaken at ordinary times): ordinary houses will not be mentioned. As we all know, serviced apartments are different. First of all, many serviced apartments have no gas and can only use electricity. This CN is not suitable for ordinary people.

Secondly, for most serviced apartments (not all of them, of course), their water, electricity and coal are collected by businesses, which is twice as much as ordinary water, electricity and coal, and there are property fees. The property fee of serviced apartment is about 3-5 yuan/square/month, and a moonlight property fee of 50 square meters is about 200. For 70 years, the water and electricity of hotel-style apartments are about 30% more expensive than ordinary houses.

4. The down payment amount is different from the loan policy.

Some young people like to use hotel-style houses as wedding rooms, as long as you think it is suitable, but for loans, the down payment is 50% and the loan is 50%, but hotel-style apartments are generally beautiful.

5. The nature of the house is different.

A serviced apartment is actually a commercial and residential dual-use room. But property rights are commercial, not residential; Ordinary houses, commonly known as commercial houses, are mainly used for living. There is no need to purchase prices and utilities.

Hotel apartments are much more expensive than ordinary houses, and there may be differences in property fees, water, electricity and coal. Commercial and residential buildings may be higher.