What should I do when the property rights of serviced apartments expire after 40 years? What kind of policy is the country?

After 40 years, all you need to do is pay the cashier, that is, renew the contract, and then you can continue to use it. To put it bluntly, you need to pay more.

In fact, 40 years, 50 years and 70 years are not much different. If you want to keep asking, you should pay. However, the land will always belong to the state. If the state wants to recover this land, then the commercial real estate will lose three yuan and the residence will lose one yuan.

Serviced apartments and business apartments are commercial. If there is anything to be dismantled in the future, the odds are three to one. land laws

Extended data:

Property hotel is the property right of hotel rooms bought out by individual investors, that is, the developer sells the independent property right of each hotel room to investors in the form of real estate sales.

Each room has its own independent property rights. Investors invest in real estate like buying commercial houses, entrust rooms to hotel management companies, get the return on investment, gain the appreciation of real estate, and get the free occupancy right given by hotel management companies for a certain period of time. Its essence is to cater to the real estate investment and financial management needs of ordinary people.

The business model of property hotel is similar to foreign equity real estate investment funds and real estate limited partnerships, all of which are aimed at helping mass investors to participate in the commercial investment behavior of large-scale operating accommodation industry. Property hotel does not belong to real estate development, and its purpose is to gain value-added assets investment and hotel operating income.

primary objective

Property hotel is just a concept, which refers to an investment model in which many ordinary investors buy one or more rooms in hotel property projects, and does not refer to a single type of hotel accommodation products.

At present, the market positioning of property hotels in the market is mainly to provide accommodation services for all kinds of business travel, sightseeing and leisure tourists, which refers to the distribution in business and tourist cities, tourist attractions,

All kinds of tourist star-rated hotels, all-suite hotels, apartment-style hotels, resort hotels, serviced apartments, theme hotels (or boutique hotels) and budget hotels with the main purpose of investing in tourist resorts.

What is a property hotel?

Property hotel originated from timeshare market.

Hotel type

There are generally three kinds of property-based hotels in the world: Tianshi Hotel; Hostels for the elderly; Limited self-use investment hotel.

1, Shiquan Hotel

Time Right Hotel divides each unit of the hotel into certain time periods (for example, 5 1 week a year) and sells the right to use each time period for a certain period of time. Consumers have the right to stay in the hotel for a certain period of time (or a week) every year within a certain number of years;

2. Pension Hotel

Pension hotel refers to the unit where investors (often the final consumers) buy retirement pension resorts before retirement, entrust management companies to operate and manage them until they retire for their own use. During the period of entrusted management, you will get a certain return on investment. Under normal circumstances, the resort is repurchased by the management company after the death of the property owner, and then sold, and the proceeds belong to his family.

3. Limited self-use investment hotels

Limited self-use investment hotel refers to the sale of each unit of the hotel to investors, who entrust the hotel management company or timeshare network management to obtain a certain return on investment.

References:

Baidu encyclopedia-property right hotel