The difference between serviced apartments and ordinary residences

1. Different land uses

The land used for hotel-style apartments belongs to commercial land, while the land used for ordinary residences belongs to residential land.

2. Different properties of property rights

Serviced apartments are for commercial use and are property rights of dual-use commercial and residential apartments, while ordinary houses are for residential use and are residential in nature. property rights.

3. The property rights are different.

Because the land uses of serviced apartments and ordinary residences are different, their property rights are also different. The property rights of serviced apartments are generally only four years. Ten years, while the property rights of ordinary houses are seventy years.

4. Different property rights areas

Serviced apartments are business apartments and their area is relatively small. Most units are within 90 square meters and generally will not exceed this size. Ordinary residences are available in all sizes, whether they are small, medium, large or extra-large.

5. Different internal facilities

Serviced apartments are generally built, designed and decorated according to the standards of star hotels. Although they are equipped with kitchens and bathrooms, the kitchens are generally relatively simple, and The basic living facilities inside ordinary houses are very complete.

6. Different physical management

The property management form of serviced apartments is similar to hotel services, which means that there are special services such as room cleaning, while the properties of ordinary residences are generally It only exists in public areas, and indoor hygiene must be taken care of by oneself.

7. Prices are different

Serviced apartments are generally located in the city center or prosperous areas, and their prices are certainly higher than those of ordinary residences in the surrounding areas. Moreover, they are generally business-oriented and also It's only for rent, not for sale.

What are the advantages of investing in serviced apartments

1. Small area and low total price. Generally, the rent of a hotel is 30% higher than that of an apartment. However, the advantages of serviced apartments are that they are small, easy to manage, and easy to rent. However, high-end projects occupy relatively more funds and have a relatively long return cycle, so they are more suitable for medium- and long-term investors.

2. The product has both functions and can be used for both investment and personal use. Because it absorbs the respective strengths of traditional hotels, traditional apartments and traditional office buildings, it is popular among business people.

3. Owning property rights can give owners peace of mind and peace of mind. If necessary, you can also sell your property rights and recover your investment, thus reducing the investment risk. Serviced apartments are also the first choice for investors and homebuyers, especially for those who want to buy properties in other places. This type of investment has room for excellent returns for most people.

4. The macro situation is improving, the market demand is large, and there is room for appreciation. In the future, more multinational companies will set up companies in China, and properties such as serviced apartments will become the first choice for some small and medium-sized companies. At the same time, first-class business people in large and medium-sized cities in China have considerable spending power on this type of property. Due to their small size, low total price and light monthly payment burden, single apartments are particularly attractive to young people, especially foreign professionals.