Why is the price of serviced apartments relatively cheap?

1. The property rights of serviced apartments are generally used for business, but they are also used for living. The right to use is only 40 to 50 years, and the residence is 70 years, so it is cheap. There is also a bad location, cheap, and developers get cheap land.

2. Hotel-style apartments are generally high-rise, the pool area is particularly large, and the room rate is much smaller than that of ordinary houses. For example, if you buy a 50-square-meter apartment, the actual area may be only 30 square meters, so it is cheap.

3. However, it should be noted that some serviced apartments are for commercial purposes, and the property fees are relatively high, generally above 3 yuan, and the average residence is around 1.5 yuan. Water and electricity charges are charged according to business, which is 1.5 times more expensive than residential buildings, and electricity charges are generally 1.2 yuan. The tax on resale transactions is relatively high, generally around 10% of the selling price, which is several times higher than that of ordinary houses.

4. serviced apartments are small property rights. If you want to make money with serviced apartments, the space is relatively small. Most serviced apartments have no complimentary space, low occupancy rate and no balcony. For some people, living is not very convenient, so it is cheaper.