How many years is the ownership of a single apartment?

The property right of single apartment is 50 years, and the land of apartment and office building in housing stipulated by the state is 50 years. The property rights mentioned here are land property rights, not houses. If you buy a house, it is yours, but the land belongs to the state. After the land use right expires, you have to buy it again.

Advantages of single apartment

1, residential and office dual-use, single apartment is essentially a commercial real estate, which can be occupied by itself and registered for office, which is its greatest advantage.

Although single people have bought this small apartment to live in at present, they will inevitably choose to sell and rent it in the future. If they rent, they should consider the target tenant. The target tenants of commercial housing are obviously wider. It can be rented to ordinary people to live or work, but the rent calculation method of office rental is different from that of residential rental, and the rental income is higher than that of residential rental.

2. It belongs to commercial real estate in essence, and the supporting facilities around the single apartment should be improved, which is the embodiment of the competitiveness of the single apartment.

Although buying a single apartment also requires a loan, owning a single apartment does not affect the loan interest rate and down payment ratio of buying a house again. The general down payment and interest rate level can still be determined according to the standard of the first suite.

4. The commercial proportion of apartment projects is greater than that of pure residential projects, and the formation of commercial atmosphere can drive the return on investment of apartments.

5. The threshold of single apartment is relatively low, the area is only 40-50 square meters, and the unit price and total price are lower than those of residential buildings.

Disadvantages of single apartment

1, the land ownership of single apartment is only 40 to 50 years.

2. The electricity price, water price and property fee of single apartment are charged according to commercial standards, and the expenditure cost after purchase is high.

3. The tax and transfer cost of single apartment is much higher than that of residence. The fixed tax of commercial housing is 3% deed tax and 5% value-added tax, and the difference tax of 20% is also paid for the transaction difference.

4. When buying a house, the down payment ratio of a single apartment should be no less than 50%, and provident fund loans cannot be used, only commercial loans with a term of 10 years can be used.

Single apartment can't be used to settle down, even if there are good educational resources around.