What are the advantages and disadvantages of serviced apartments?

Hotel-style apartments attract many consumers with their hotel-style services, so many property buyers will choose to buy hotel-style apartments for transition or investment. So, how about serviced apartments?

Why are serviced apartments 1 cheap? Hotel-style apartments are generally located in cbd business district, with good geographical location, complete surrounding facilities and dual-purpose work and entertainment. Hotel-style apartments are mostly hardcover rooms with high property service standards. They not only absorb the service functions of star-rated hotels, but also provide business services such as secretaries and translators. Their service content is more comprehensive and humanized.

2. The average price of serviced apartments is usually lower than that of ordinary houses in the same lot, and mainly small apartments with lower total price. Most serviced apartments are 3.5-5.3 meters high, which can be decorated into duplex apartments, so that the use area of the house will be larger.

Hotel-style apartments have good investment and autonomy, and their rental return rate will be higher. Due to the advantages of superior geographical location, high decoration specifications and good property service, this kind of residence is welcomed by many tenants.

3. However, the property right period of serviced apartments is generally about 50 years. Buying such a house can't be settled, and children can't go to school nearby. Moreover, the property fees and utilities of serviced apartments are generally higher than those of ordinary houses. If you want to sell serviced apartments, the tax will be higher, because serviced apartments are commercial houses. Compared with ordinary houses, the floor area ratio of serviced apartments is higher, and its corresponding service facilities are difficult to keep up with.

Bian Xiao concluded: What are the advantages and disadvantages of serviced apartments? Bian Xiao will briefly introduce you here. I hope that after reading this article, everyone can know something about serviced apartments. Hotel-style apartments have their own advantages and disadvantages, and everyone should choose whether to buy them according to their actual needs.