Tips for buying a house: What's the difference between an apartment and a house?

Nowadays, with the rise of housing prices, some new forms of real estate have emerged. For example, single apartments and youth apartments with low total price are very good, because the total price of apartments is generally much lower than that of ordinary houses, so many people buy them, but in fact apartments are not equal to houses. These two forms of real estate are different in many ways. So, what's the difference between a house and an apartment? The following small series will explain it to you.

First, the property rights are different.

If there is any difference between a house and an apartment, the most obvious thing is the length of their property rights; Although there are no restrictions on the use of houses, the use of land property rights is limited. Usually, the land use period is divided into 40 years, 50 years and 70 years, including 40 years for commercial land, 50 years for industrial land and 70 years for residential land.

Second, the water and electricity charges are different.

In addition, apart from the difference in property rights, there are also differences in utilities between apartments and houses. The residence belongs to the civil residence, and the water and electricity charges are charged according to the civil water and electricity standards; The apartment belongs to commercial housing, and the utilities are charged according to the commercial water and electricity standards. In the long run, the water and electricity expenditure of residential buildings will be at least half less than that of apartments.

Third, the living comfort is different.

The difference between a house and an apartment also includes living comfort. Generally, a house has two stairs, three or four households, and there are few people, so it will not bring trouble to travel, and the privacy is better. And apartments are generally two stairs and ten households, or even more. There are not only many people but also chaos, and security and privacy are not well guaranteed.

Fourth, the lighting conditions are different.

According to relevant surveys, there are also differences in lighting conditions between houses and apartments. Some apartments have no windows in the bathroom and kitchen, and the balcony is also an inner balcony, so the lighting conditions are not very good. According to the Code for Design of Residential Buildings, residential buildings must meet the sunshine, lighting and other related conditions. So most of the houses now are bright kitchens and bathrooms, and the lighting conditions are naturally much better than apartments.

Five, the settlement provisions are different.

There are also differences in settlement regulations between houses and apartments. Apartment is a project built on commercial land, which belongs to commercial nature and cannot be settled. If it is residential, according to the different requirements of different regions, as long as certain conditions are met, buyers can go through the formalities of settlement.

6. The loan interest rate is different from the down payment.

When it comes to the difference between a house and an apartment, many people will think of the difference in loan interest rates, because buying a house is more common. If you plan to borrow money to buy an apartment, you need to handle it in accordance with the provisions of commercial housing. The down payment ratio is generally 50%, and the loan interest rate will be relatively high. If you buy a house with a loan, the down payment ratio is generally 20%. Of course, according to the regulations of different regions, the down payment ratio will be different.

Seven, different taxes and fees

Houses and apartments are also different in taxes and fees, and the taxes and fees to be paid for buying apartments and houses are also different. The former bears more taxes and fees than the latter. Take individual tax as an example. If the only house in the family is satisfied at the same time and the purchase time is more than five years, it can be exempted from paying individual tax. However, if the property sold is a non-residential property, a tax will be paid in any case.