What are the pros and cons of a seventy year condo?

Updated on society 2024-07-05
6 answers
  1. Anonymous users2024-02-12

    1. Benefits: 1. Long service life.

    70 years of ownership.

    The apartment house is actually the ownership of the house and the land use right of the house.

    add up. Generally speaking, the term of ownership of a house is long-term, while the term of land use right varies from one year to 70 years according to the relevant regulations, and is automatically renewed upon expiration.

    2. Good nature.

    The nature of a 70-year condominium is residential, but the area is a little smaller, you can move in with a hukou, or you can apply for a 30-year loan. Moreover, when buying and selling houses, it is only a normal tax and fee, and the water and electricity bills are all civil, but generally only gas.

    2. Disadvantages: 1. The public share is high.

    70 years apartment share high. Calculated by the take-home area of the suite, part of the ** of the 70-year apartment is shared. And the 70-year-old apartment is not a residential-type elevator setting, product design.

    The community environment and residential experience are not as good as the residence.

    2. High property management fees.

    70-year-old residential apartments are better than ordinary houses in terms of property management, so the relative property management fees are high.

    3. The cost of living is high.

    The cost of water and electricity in an apartment is higher than that of an ordinary house, which virtually increases the cost of living.

    4. The unit price is high.

    Although the 70-year-old residential apartment is small in size and the total price is low, the unit price is higher than that of ordinary housing, and the money used to buy an apartment can buy an ordinary residential house with a larger area.

  2. Anonymous users2024-02-11

    The fatal drawbacks of a 70-year condominium are as follows:

    The annual apartment water and electricity bills are more expensive, and the living experience is not as good as that of ordinary houses.

    2. The down payment for buying a house is high, the transfer fee is high, and it is not easy, so it is not cost-effective.

    3. The spacing between buildings is short, so it is rarely exposed to the sun, which affects the comfort of the residence.

    Who is the apartment suitable for:

    1. Singles.

    There are still relatively few houses with 70-year property rights in apartments, and most of them are commercial houses with 50-year property rights, which determines that people who buy apartments are not suitable for long-term living, and singles are short-term transitions and purchases.

    In addition, single people have relatively limited economic ability and cannot afford to buy the most expensive house, and most of the clicks on the apartment are relatively small, so that the pressure on single people to buy a house will not be too great, such as the single person himself has no house, and the rent that needs to be paid when choosing to rent a house is also a big burden.

    2. Pension family.

    Similar to single people, the pension family is also quite suitable for buying an apartment, the apartment is located in a better location, and the surrounding facilities are also very complete, for the elderly, you can buy things you need daily without going far away.

    In addition, a house that is too big will show that the middle brother has to be empty, especially for the elderly who live alone, and the apartment looks clean and tidy, which is easy to clean up, and the small house will appear more spacey, which will not make the elderly judge Peiyou suddenly feel a sense of loneliness in his heart.

    3. Investors who buy houses.

    There are two main ways to invest by buying a house, one is to buy and sell a house to make the difference, and the other is to buy a house and rent it out.

    If you are buying a house for rent, it is recommended to buy a Duacia apartment, and the friends who rent a house are also short-term residents or transitions, so there are more people who choose to rent an apartment.

  3. Anonymous users2024-02-10

    In today's high housing prices, small and exquisite apartments are favored and liked by many young people. However, apartment property rights are relatively diverse and complex, resulting in many people being unable to make a decision and hesitating. So does the apartment have a 70-year ownership?

    Yes, the property rights of residential apartments on the market are now 70 years. It is different from other apartments in that residential apartments can not only hold up the household registration, but also the down payment ratio, loan amount, utility bills, and gas bills are all implemented according to the standard of ordinary housing.

    What to look for when buying an apartment:

    1. Understand the community environment and supporting facilities.

    Before buying a house, you should conduct a field visit to see if the internal environment of the community is clean and tidy, and whether it can meet the living requirements. In addition, it is also necessary to check whether the supporting facilities around the community are complete and complete, and whether they can meet the basic needs of life.

    2. Check the level of property management.

    Before buying a house, it is necessary to check whether the property management is reasonable, because the quality of the property management level will directly affect the occupancy rate and living comfort of the community. In addition to this scum, it also depends on whether the security measures of the community are good, if the security measures are not good, you will not be able to ensure the safety of your own personal and property.

    3. Pay attention to the property rights of the house.

    When buying a house, you must pay special attention to the title of the house and see if the property is 70 or 40 years. In addition, when buying a house, you should also pay attention to the nature of the land, check the "Land Use Certificate" of the real estate, and see whether the land is residential or commercial in the list of land properties, so as not to be deceived.

    4. Find a brand developer.

    When buying a house, it is best to find a brand developer with a good reputation, good reputation and good reputation, which is more secure. In addition, it is best to choose a residential area with a superior geographical location, convenient transportation and complete commercial facilities, so as to meet the needs of daily life.

    Article summary: Well, about the apartment has 70 years of property rights and what you need to pay attention to when buying an apartment, the relevant knowledge is introduced here, if you need to know more information, please continue to pay attention to Qeeka Home, we will have better and more exciting content for you in the future.

  4. Anonymous users2024-02-09

    The 70-year residential apartment is described as follows:

    In our understanding, 70-year house ownership often refers to residential property, while condominiums are 40 or 50 years old because their land properties are commercial, why do 70-year apartments appear? Let's make it clear, strictly speaking, a 70-year-old apartment is an apartment, not a residence, and in order to avoid misunderstanding, we call it a "70-year apartment".

    In the past, it was called a "residential apartment", but I think it was marketed to downplay the title of the apartment and make it easier for customers to accept. But this title can easily cause other misunderstandings or impersonations, so we call him "70 years apartment".

    First of all, a 70-year-old condominium project, which is planned to be used as an apartment, and the actual use is residential. The reason why it is not directly planned as a residential building is that it does not meet the planning and design requirements of residential buildings in terms of lighting and building spacing. In terms of its use, like residential buildings, it has water and electricity, but some are designed with gas, while others are not.

    So, even though some apartments now have a land tenure of 70 years, in essence, they are still apartments, not residences.

    The practice of 70 years of property rights expired.

    According to the current regulations of the state, the house is automatically renewed after the expiration of 70 years. The ownership of the land belongs to the state, we only have the right to use, 70 years refers to the term of the right to use the land, the expiration is only the land lease time, not the real estate, when the time can continue to pay the land transfer fee to re-obtain the right to use the land for the house.

    If the land expires, the owner has the right to apply to the state for the renewal of the land use right first, and if the state does not have a demolition plan, the land can be used by the original owner according to the current (expiration date) land**, pay the land transfer fee to continue to use the land. If the state has a demolition plan, the land will be expropriated without compensation, and the above-ground objects will be compensated for the price.

  5. Anonymous users2024-02-08

    A 70-year property right apartment means that the property right term of the house is 70 years, and generally refers to the term of the land use right where the house is located is 70 years. In China, the maximum term of land use rights is 70 years, so apartments with 70-year property rights are in accordance with the law.

    When buying a 70-year apartment, you need to pay attention to the following points:

    1.Verify that the house is in compliance with the law and whether there is a bad record.

    2.Verify that the term of the land use right on which the house is located is 70 years.

    3.Considering that the value of the house may decrease after the expiration of the land use right, the purchase needs to be carefully considered.

    4.Before buying, you should consult a professional real estate lawyer or real estate agent to ensure that your rights and interests are not lost.

    In conclusion, a 70-year condominium can be purchased, but buyers need to do full research and understanding before buying to ensure that their rights and interests are not lost.

  6. Anonymous users2024-02-07

    Summary. Hello, yes, the 70-year property right of the condominiumThe property right of the house consists of two parts: the ownership of the house and the land use right, the term of the house ownership is long-term, and the land use right is different from years or 70 years according to the relevant regulations.

    Hello, you can finish early, the 70-year property right of the apartment is composed of two parts: house ownership and land use right, the term of house ownership is long-term, and the land use right is different from 70 years according to relevant laws and regulations.

    I'm worried that the transaction will not be good in the future.

    The apartment type is different from the house, the house type is generally small, the area is also small, and the ** is also correspondingly low, it is difficult to achieve north-south transparency, and some even have a balcony without hail; 2.The apartment is generally hardcover and trimmed, and you can move in directly with your bag and manage the property.

    The landlord did not inform me that it was an apartment house, and it had been transferred, and it was not relaxed, what should I do.

    The account has been transferred, only the loan is left, what should I do if I regret it.

    Hello, you can ask if you can return.

    What should I do if the transfer is made and the bank is left to lend money.

    Then there is no way to return.

    You can wait for the formalities to be completed**.

    These should be understood in advance.

    But not only apartments, but also ordinary buildings are also 70 years of ownership.

    Fear that it will not be easy to trade in the future.

    Same.

Related questions
6 answers2024-07-05

Land ownership is always vested in the state, and individuals are only granted the right to use the land. There are several ways to deal with land use rights after expiration: >>>More

11 answers2024-07-05

Will the house be repossessed after the 70-year tenure expires? It's not that simple. First of all, the calculation of the 70-year property right does not start when you buy the house or get the title deed, but from the time the developer takes the land.

19 answers2024-07-05

My plan for the next 10 years is to study hard and work hard, try to do what I like and the work I like, if I can't do the job I like, then go to a lucrative job, save money, buy a house, buy a car, get married and have children, and live a stable life.

11 answers2024-07-05

If the "Eleventh Five-Year Plan" is the initial stage of new energy development, the "Twelfth Five-Year Plan" is towards large-scale application, and will pay more attention to the development of distributed energy, during the "13th Five-Year Plan" period, new energy will usher in vigorous development, and will lead and dominate the industrial development pattern in the coming period.

26 answers2024-07-05

In the past year, my mother left us, this is my saddest thing, my mother didn't see me wearing a wedding dress, but I think she will bless me and my family in harmony, good health, my elderly father has to go out early and return late every day, we are all working hard for life, really distressed, I want him to retire and go home to stay, but I'm afraid he will be lonely and lonely at home, miss my mother, Dad is a person who can't stop, now all the burdens of the family are on his shoulders, I want to say to him that we will all be fine, and our family's life will get better and better, I only wish my father good health, peace and security, and love your daughter. This year's life events have also come to an end, and my mother in heaven will also bless and bless my life better and better, healthy, and safe, although my husband is not the kind of rich and noble, but he loves me and loves me, and in a few years we will live a better and better life through our own hands, more and more nourishing. My 2017 is very rich, I hope that as children we can often go home to accompany our parents, as wives to manage their small family better and better, more companionship, more understanding, more communication, so that it will be very happy, in fact, the happiness of parents is our own small family happiness, less let them worry, this is the greatest comfort to parents! >>>More