Traditional Culture Encyclopedia - Hotel accommodation - Why is the riverside house on the Longhe River cheap?

Why is the riverside house on the Longhe River cheap?

Houses in Longhe Waterfront are cheap for the following reasons:

1. Location: Longhe Waterfront Community is located near Jiaozhou Bay Airport, and a large number of planes fly by every day, so the noise generated is relatively large, which may have a certain impact on the living experience.

2. Property retention period: The property on the bank of Longhe River is a small property house with only 40 years of property rights, and the price may be lower than the common 70-year property rights.

3. Cost of use: Water, electricity and other facilities of Longhe Waterfront Duplex House are commercial. Compared with ordinary houses, the use cost may be higher, which may also be a reason for the lower price.

4. Land utilization rate: Duplex houses can improve the land utilization rate, change the original land that can only be built on one floor into two floors, reduce development costs, and then affect housing prices.

5. Comfort: There may be some problems in story height, lighting, ventilation, etc. For example, some units may have problems such as sunken upper space, poor lighting, ventilation noise, etc., which may also be a reason for the lower price.

All of the above are the reasons that may lead to the low housing prices in Longhe Waterfront. However, please note that these are only possible reasons. Every buyer's needs and standards are different. Therefore, if you are considering buying a property on the riverside of Longhe River, you need to consider your actual situation and needs.