What is the difference between 50 year property right house and 70 year property right house
4hw.com.cn: I believe most buyers will consider many details when they buy a house. So, as a home buyer, have you considered the property right of the house? You know, it's a small but influential issue. Next, I'll give you a brief introduction of the difference between a house with 50 years of property rights and a house with 70 years of property rights, as well as the knowledge about whether a house with 50 years of property rights can be purchased. Let's understand.
1、 What's the difference between a house with 50 year property rights and a house with 70 year property rights?
Difference 1. Different land use planning
According to the regulations, the maximum property right period of our ordinary residential construction land is 70 years; Land for industry, education, science and technology, culture, health, sports and comprehensive use, up to 50 years. It can be seen that the land planning use of a house with 50 year property rights is different from that of a house with 70 year property rights.
Difference 2. The cost of living is different
Generally speaking, 70 years of property rights of the house's water and electricity charges are charged in accordance with civil standards; The house with 50 years of property rights is for commercial use, so the water and electricity charges are charged according to the standard of commercial water and electricity, and the price is much more expensive. In this way, the cost of daily living of a house with 50 years of property rights is naturally higher.
Difference 3. Different payment requirements
For houses with 70 years of property rights, commercial loans, provident fund loans and portfolio loans can be selected, and the loans can be up to 30 years; For houses with 50 year property rights, they can only choose full payment or use commercial loans, and they can only borrow for 10 years at most. It can be seen that the maximum loan period of 70 year property is longer than that of 50 year property.
Difference 4. Different purchase policies
Generally speaking, the purchase restriction policy is mainly for residential products, so the house with 70 years of property rights will be affected by the purchase restriction policy; The 50 year property rights of the house is commercial nature, is not limited to the impact of the purchase policy.
Difference 5. The settlement situation is different
According to the relevant regulations of various cities, only the residential products that meet the requirements of a certain area can be settled. Therefore, only ordinary housing can be settled.
In short, a house with 70 years of property rights is a residential property and can be settled. But 50 years of property rights of the house is a commercial office property, so generally speaking can not be registered. If you buy a house for the sake of your children's future education, then you need to make a good comparison between the two types of houses.
2、 Can you buy a house with 50 years property right?
Most of the people who choose to buy houses with 50 year property rights are interested in the advantages of low price and unrestricted purchase policy. Therefore, if you are just graduated and have limited funds or are not qualified to buy a house, you can buy a commercial house for a transition, and then sell it into an ordinary house when you have funds or meet the purchase conditions in the future.
If you buy a house in order to rent it out in the future, so as to obtain rental profits, or if you plan to sell it for cash when the time is right in the future, then you can also buy a house with 50 years of property rights.
But the above is just a personal suggestion, the specific choice has to be decided by the buyers according to their actual situation and needs!