Does the apartment property have a 70-year title?

If the property rights of an apartment are 70 years, the planned use of a 70-year apartment project is apartments, but the actual use is residential. The reason why it is not directly planned as a residence is because its construction in terms of lighting and building spacing does not meet the planning and design requirements for residences. In terms of use, just like houses, they have water and electricity, but some designs have gas and some do not. Therefore, although the land use period of some apartments is 70 years, in essence, it is still an apartment, not a residence.

What is the difference between a 70-year apartment and a 70-year residence?

1. Residence refers to a house specifically for living, including villas, apartments or dormitories. Apartments in the traditional sense are divided into two types: commercial apartments and public welfare apartments. Office buildings and serviced apartments commonly seen on the market are commercial apartments. The general concept of apartments is deeply rooted in the hearts of the people, and the public's response is that properties with a shorter life span are in fact commercial apartments including commercial apartments and residential apartments.

2. As for residential apartments, their area will be smaller than that of ordinary residences, and the suitable groups are also different, because the total house payment will be relatively low, and the apartment types are also obviously different from ordinary residences. The difference is that the more common apartment types are difficult to achieve transparency from north to south, and often do not have balconies, or even have fully enclosed curtain wall facades and no openable windows.

3. The properties of apartments and houses are the same in terms of property rights. Apartments with 70-year property rights and houses with 70-year property rights both have a service life of 70 years, which will not be reduced due to different types.

4. The living costs of 70-year apartments and 70-year residences are different: Generally, apartments are fully decorated and delivered, and the property standards will be higher than those of residences, so the property fees will be higher than those of ordinary residences. Take Suzhou as an example. For many ordinary residential properties known for their good properties, the property fee standard is no higher than 5 yuan/square meter/month, but the property fee standard for apartments is often higher than 10 yuan/square meter/month.

What are the advantages of apartments?

1. Apartments are small in size and low in total price.

Apartments are generally small units with an area of ??about 50 square meters. Because of the small area, the total price, down payment and monthly payment are relatively low, making them very suitable for young people with little savings.

2. The apartment is fully functional.

The functions necessary for living in an apartment are complete and reasonable, such as living and sleeping in one, and the bathroom and kitchen are compact and flexible. For young people who have just entered society, it not only saves money, but also ensures the quality of life of the residents.

3. Apartments are easy to resell or rent.

The location of apartments is generally better. Many apartments are located in the core business district of the city center. Therefore, the surrounding area has a good business environment and rich living facilities, and the transportation is convenient. The early living needs of home buyers can be met. satisfy. Moreover, more and more young people now like to rent in fashionable and low-priced small apartments. If a home buyer buys a large house in a few years, the rental rate of a fully furnished small apartment will be quite high and it will be easy to transfer. for sale.

4. Apartments save time and effort.

Most apartments are fully furnished and can be moved in directly, saving buyers time and energy in decoration.

5. There is no restriction on the purchase of apartments.

At present, many cities have purchase restriction policies, but only general residences will be affected by national policies; apartments usually have no purchase restrictions and can be used for resale or self-occupation.