Do serviced apartments need to pay taxes every year?

Legal subjectivity:

As a "specialty" of Nanjing, hotel apartments with 65-year property rights enjoy the same treatment as residential buildings in terms of housing certificates, settlement and taxation. However, there will be some difficulties in the implementation of bank loans and transfer taxes, and loans can only be purely commercial loans. In addition, it is worth noting that it depends on whether the nature of the land on the two certificates is residential. If it is a residence, there should be settlement requirements. In fact, the biggest difference of this kind of apartment is that its lighting requirements are not so strict, and darkrooms often appear. Moreover, the floors of this kind of serviced apartments with 65-year property rights are relatively high, resulting in a low room acquisition rate.