Traditional Culture Encyclopedia - Hotel accommodation - Why is Qingdao Victoria Square cheap?

Why is Qingdao Victoria Square cheap?

Geographical location, old building.

1. Location: Victoria Square is located at No.76, Hunan Road, Shinan District, Qingdao, near the coastline, but a certain distance from the center of Qingdao. Compared with the real estate located in the center, its house price will be cheaper.

2. Age of old buildings: The houses in Victoria Square were built in the early days, and most of the buildings were built in the 1990s. For new buildings built in recent years, the housing design and building standards are relatively old, so the price is cheap.