What is the difference between a serviced apartment and a residence?

1. How long is the property right of a serviced apartment?

The nature of the land determines the property right of the serviced apartment:

Commercial land: the useful life is 40 years. The corresponding property right period of the house is 40 years

Office and comprehensive land: the use period is 50 years, and the corresponding property right period of the house is 50 years

Residential land: the use period is 70 years, and the corresponding The property rights of the houses are 70 years.

Most of the serviced apartments sold on the market are office or commercial properties with only 40 or 50 years of property rights. Many serviced apartments with 70-year property rights are residential in nature, not commercial in nature, and are subject to purchase restrictions.

2. Serviced apartment transaction taxes

When a serviced apartment is purchased, the tax is similar to that of an ordinary residence, but once it is transferred, the tax will be much higher.

For a hotel-style apartment with a current total price of 1.5 million yuan (the purchase invoice amount was 1 million yuan a year ago), when you transfer it, you (the seller) need to pay a transfer tax of 277,000 yuan. .

The seller needs to pay taxes including:

1. Value-added tax: Business tax is levied on the difference between the transfer price and the purchase price. Business tax payable: (tax verification price - purchase price) ÷ (1 5) × 5.65.

2. Stamp duty: tax verification price × 0.05%

3. Land value-added tax: 30-60 of the difference (calculated as 30 this time)

4. Personal income tax: (tax assessment price - reasonable fee)*20

The specific calculation method is: (1.5 million-1 million)÷(1 5)×5.65 1.5 million×0.05 1.5 million×30 (1.5 million-1 million) × 20 = 277,000 yuan

And ordinary residences only have deed tax (deed tax discounts for houses below 90 square meters or first homes), personal tax (only exempt for five years or more), and value-added Tax (exempt for two years)

3. Living in serviced apartments

1. Water and electricity properties are high

Because apartments are generally built in city centers or commercial buildings It is a bustling area, and the apartment is a commercial residence, so the cost of commercial water and electricity is 2-3 times that of ordinary residences. Taken together, property fees, water and electricity fees are relatively expensive.

2. Poor lighting

The area of ??the apartment is relatively small, and the number of units on each floor is relatively large. Some developers do not consider the issue of sunlight, so they Some rooms have insufficient lighting and poor lighting, so that the indoor light is relatively dim. The lights must be turned on during the day, which will consume a certain amount of electricity and generate additional consumption.

3. Good property services

In addition to general apartment property management, it also introduces a hotel management service model. Hotel apartments pay attention to comfort, functional completeness, service and structural rationality. It is fully equipped and high-end, and can provide a star-rated hotel-style living environment and property management for housing. In terms of supporting facilities, serviced apartments must meet the standards of 24-hour elevators and 24-hour hot water.

4. Purchase restriction and loan restriction policies

1. The purchase restriction policy is for residential buildings. Serviced apartments are commercial in nature and have no purchase or loan restrictions. The down payment ratio requires more than 50%. , the loan period does not exceed 10 years

2. Most urban housing has a purchase restriction policy, which limits the number of purchases. If you have more than 3 loans at the same time, you are not allowed to apply for a loan. The down payment for the first home is 30 , some cities can be as low as 20.

(The above answers were published on 2018-08-07, please refer to the actual relevant current home purchase policies)

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