What is a serviced apartment? Who owns the property rights of serviced apartments?

Hotel-style apartment is an apartment that provides hotel-style management services. It integrates the functions of residence, hotel and clubhouse, and has two functions of "self-use" and "investment", but it is still an apartment in essence.

Property-style hotels and serviced apartments have a land use life of 40 years or 50 years respectively. It's good to make a small investment if you have enough money. The difference between "serviced apartments" and "property hotels" and ordinary houses;

One is the different service life. The land service life of ordinary houses is 70 years, while that of property-owned hotels and serviced apartments is 40 years or 50 years respectively.

The second difference is the different uses. Ordinary houses are mostly for self-use, that is, self-occupation. Property hotel is a pure investment product, and serviced apartment is suitable for self-occupation and investment.

The third difference is the different quality. This is a relationship between finished products and semi-finished products. Developers invest relatively little in ordinary houses, and give customers blank houses when they turn the key, while hotel-style apartments and property-based hotels are finished products, with relatively large investment. It is a product of fine decoration, furniture, home decorations and household appliances.

Then there are different prices. Property hotels and serviced apartments are relatively higher than the sales price of residential products.