What are the disadvantages of a 40-year-old serviced apartment?

A 40-year-old serviced apartment has many shortcomings. The biggest drawback is the short property rights, because they are all built on commercial land or industrial land. All property rights are only 40 years, while ordinary residential property rights are only 70 years. Therefore, after the property right of serviced apartment expires, it is necessary to renew the lease and pay the land transfer fee according to the regulations.

In addition, the lighting conditions of the hotel-style apartment are not good, and there are no windows in the bathroom and kitchen. Because it is commercial, it does not meet the requirements for settlement, so it cannot be settled. Moreover, because it is a commercial land, the charging standards for water and electricity are all collected according to commerce, and the living expenses are relatively high. Most of these serviced apartments are small, crowded and messy, and their safety and privacy cannot be well guaranteed.

Do serviced apartments have real estate licenses?

1. The serviced apartment has a real estate license. Apartment hotel is a hotel building, the land use is classified as commercial service land, the house is used as a tourist hall, and the service life of the hotel apartment property right land is 40 years.

2. The particularity of apartment hotel is that it is designed and built according to apartment or unit room, but it is still a hotel in essence, not a residence, and it cannot be sold in sets according to relevant regulations.

3. Hotel-style apartments provide hotel butler service, hotel-style business service, cleaning service, property management and lease management. Users can use it for self-occupation just like buying ordinary houses, or rent it from buildings in the form of hotels.

4. In product design, the hotel-style apartment project takes work as the main consideration, so it has greater flexibility in space division than traditional apartments. The innovation of architectural design and the comprehensive application of engineering technology also give this kind of property more room to play. Therefore, there are freely divided and randomly sized projects in the market, ranging from 20-30 floors to one floor.

5. A serviced apartment is a hotel suite in the form of an apartment in a hotel. Home-based structure, good living function, living room, bedroom, bathroom, complete furniture and appliances.