Are there any restrictions on buying apartments in Hangzhou? How much is the down payment for the apartment?

Hangzhou apartments should be unlimited, because the nature of apartments is commercial land, the property right is 40-50 years, and the life of residential houses is 70 years. The general purchase restriction policy is to restrict the purchase of houses, so apartments will not be restricted. The down payment for apartments is generally very high, about 50%, and some require full payment.

Apartments are generally not limited to purchase, but the property rights are only 40-50 years. If you buy it, you may not be able to enter the house. Usually buy 60% or the full amount of the house.

Why is Hangzhou serviced apartment so hot?

First, residential purchase restriction+lottery, a large amount of purchasing power flooded into the apartment market, and the demand for buying apartments increased greatly.

Second, house prices and unit prices have risen sharply, and the purchase of housing requires a full payment or a high down payment, which has blocked the general investment purchasing power crowd. On the contrary, this purchasing power crowd also poured into the apartment market (small area+low total price+50% down payment).

3. Based on the above two points, the market price of investment-oriented apartments has soared in the past two years, which has led to more investment demand entering the apartment market, so the price has a greater driving force, and eventually more people buy apartments when prices rise.

The above contents are for reference only, I hope I can help you. Thank you for your support to Kanfangwang. I wish you a happy purchase!