Are there purchase restrictions on apartments in Hangzhou and are there any related loan issues?

Currently, there are no purchase or loan restrictions for purchasing serviced apartments in Hangzhou. There is no need to obtain house purchase qualifications in Hangzhou’s purchase-restricted areas and it does not occupy Hangzhou’s housing purchase quota;

Apartments can only use commercial loans. , the loan term is 10 years, the down payment ratio is not less than 50% of the house price, and the interest rate applied for a commercial loan will be 15-20% higher than the base interest rate.