Today apartments can be found not only in the luxury segment - more and more offers are appearing on the market. The apartments are in demand and have become available to a wide range of buyers. However, the acquisition of such real estate is fraught with a lot of peculiarities.
The first question that arises for the average person is what are apartments? Many people do not know that they are distinguished from apartments by a number of important details. And if previously large studio apartments were considered apartments, now this type of housing is acquiring more precise legal features, and apartments can be found even at 30 square meters. meters. Essentially, this is the same hotel where you can buy a room with a kitchen, and the price of which includes hotel infrastructure. There may already be places for recreation, fitness rooms, restaurants and spas, as well as office space and conference rooms, note specialists from the Azbuka Zhilya company. Apartments are non-residential premises; theoretically, they are commercial real estate. This is why many apartment complexes are converted office buildings. In Moscow, in areas where the development of residential properties is prohibited, it is quite legal to build apartments and sell them as residential premises. It will not be possible to register in such a place, but you can do temporary registration, and even then not everywhere and not always. That is, the main difference between apartments and apartments in Russia is their different legal status.
Tretyakova DariaHead of Consulting and Analytics Department at Azbuka Zhilya“For a family with children, for example, the inability to register in an apartment is a significant disadvantage for life. Accordingly, difficulties will arise with the use of district clinics, kindergartens and schools. It is quite difficult to get a mortgage loan to buy an apartment. And programs aimed at supporting the purchase of housing do not apply to apartments. Unlike an apartment, an apartment can be seized by a creditor from the owner, even if it is his only home.”
However, apartment owners are of little interest in registration, Hospitality Income analysts note. As a rule, such properties are purchased as a second or third home for wealthy people. Typically, expensive apartments are purchased by employees of foreign companies, top managers, and businessmen - location and hotel service are important to them, notes Daria Tretyakova, head of the consulting and analytics department at Azbuka Zhilya. In addition, the status of non-residential premises allows apartment owners to register legal entities, which can be convenient for the company.
Elena Lysenkova CEO of Hospitality Income“This format of residential real estate, veiled as a hotel format, which came to us from the West, is being implemented in many Russian cities and, in general, has become familiar. And the fact that registration in them is impossible does not bother anyone. If we talk about the development of the apartment market in general, then the direction of apartment real estate is currently developing in two formats. In the apart-hotel format, when the hotel complex was originally created to rent out rooms for temporary accommodation of guests, but these rooms have more spacious characteristics compared to classic hotel rooms. And service apartments, which are a complex of apartments that are first sold to the market to end users, who, in turn, can transfer these apartments to the management of a professional centralized management company that will rent out and maintain the apartments.”
The disadvantages include operating costs and increased taxes. Today it is five times more for apartments than for an apartment, and monthly service fees can vary from 15 to 40 thousand per month or more. But the apartments are much cheaper - 15-20% lower than apartments of the same level. This is largely due to the lack of infrastructure - the developer is not obliged to build clinics, kindergartens and schools, as is done in the case of apartments. For example, the center of Moscow is experiencing tension - schools and kindergartens are overcrowded, and the number of apartment complexes is growing. In addition, such facilities may not have parking spaces, which also increases the load on city infrastructure.
Despite minor shortcomings, the apartments have a number of important advantages. And here, as they say, it’s a matter of taste and priorities: your choice should be based on the purpose for which you are purchasing housing. According to Hospitality Income Consulting specialists, the demand for apartments will only grow in the next three years.
If it is necessary to purchase this or that real estate, either for a legal entity or an individual, whether for residential purposes or for other purposes, the buyer is faced with all sorts of nuances and terminology in the real estate market, including the question “what is the difference between an apartment and an apartment?” " In this article we will try to understand this issue, as well as study all the pros and cons of apartments and apartments.
What is it and what is the difference?
Today there is an opinion that apartments are something chic, expensive, “elite” than an ordinary apartment. There is some truth in this, but if you look at it, these are completely different concepts. The word “apartment” is borrowed from French and Italian (appartement, apartamento). It is translated as “apartment”, but in Russian it has a slightly different meaning.
From a legal point of view, there is no clear definition of these concepts in regulatory documents; there is only a conditional division in the real estate market. There is a mention of the word “apartment” in the classification of types of hotel rooms given by the Ministry of Culture of the Russian Federation. However, the legal status of apartments and apartments differs significantly. The legislation provides for a division into residential and non-residential premises.
Apartments are considered to be premises belonging to the non-residential fund, which can be used for living without the right to permanent registration. For example, apartments can be equipped as luxury hotels. An apartment means a residential premises with the right of permanent residence and rental.
Let's take a point-by-point look at the main differences between apartments and apartments on the real estate market:
| № | Conditions | Apartments | Apartment |
|---|---|---|---|
| 1 | Square | Must be at least 40 sq.m. The number of rooms should not be less than two | There are no minimum restrictions or number of rooms |
| 2 | Redevelopment | It is easier to redevelop, since it is a non-residential property and generally has an open plan | To change the layout you need to go through many legal procedures. In most cases, redevelopment is an undesirable procedure |
| 3 | Resident registration | Only temporary registration is allowed if the apartment has hotel status, with subsequent extension of the registration period | The owner of the apartment and all its residents can register on a permanent basis |
| 4 | Building regulations | High requirements for fire safety. This type of facility can only be built on an area not intended for residential buildings. But recently, changes have been introduced to building codes, which must provide for the presence of social facilities in the vicinity of the apartments | During construction, the housing developer must improve the surrounding area of the apartments with playgrounds, parking lots, etc. Also, according to regulatory requirements, kindergartens, schools, and clinics must be located near residential buildings |
| 5 | Control | Apartment owners do not have the right to re-elect the management company | If they wish to change the management company, residents of the houses can change the management company |
| 6 | Subsidies | The owner of the apartment cannot count on any government benefits, since this is not provided for in the Housing Code of the Russian Federation | Disabled people, pensioners, low-income people and other citizens living in apartments provided for in the Housing Code have certain benefits when paying utility bills |
| 7 | Price | The price of apartments, as non-residential premises, is usually cheaper compared to apartments. For example, in Moscow the difference is about 10% | The cost of apartments is higher compared to apartments, since the developer has certain social obligations to apartment owners |
| 8 | Communal payments | Payment per room services in this type of building are higher on average by 10% than in residential premises. This difference is due to the fact that cleaning and maintenance of apartments are carried out by special companies, and payments for utilities are often made through intermediary companies. | Cleaning of apartments and some types of maintenance, breaking down faucets, for example, is mainly done by the apartment resident himself. Accordingly, the rent is lower. |
| 9 | Taxation | The tax rate for apartments is higher. Thus, the cadastral value is about 0.5%. If the apartments are part of an office building, the tax rate can reach up to 2%. | For apartments, the property tax according to the cadastre is about 0.1%. |
Advantages and disadvantages
By carefully studying the table, the buyer, if he is faced with a dilemma about what to buy as a property, an apartment or apartments, can identify the risks and advantages of a particular type of real estate and weigh the pros and cons. So, if we consider the advantages of apartments over apartments, they are as follows:
The disadvantages of owning this type of premises are:
- Lack of opportunity to register on a permanent basis. But many who buy apartments are not bothered by this fact, since they already have a place where they are registered and the apartments are bought for completely different purposes;
- There may be problems with common property, since the owner can only use the square meters allocated to him. He does not have the right to use attics and basements than apartment owners by agreement with the HOA and neighbors;
- High utility bills, which tend to increase every year. The same applies to tax rates. But there are some peculiarities here. It was mentioned above that the tax for apartments can be up to 2% of the cadastral value. But, if the non-residential property operates as a hotel (and not an office, store, etc.), which is legally formalized, and also if its cadastral value does not exceed 300 thousand rubles, then the tax for this type of real estate may be 0.5 %;
- The developer is not obliged to provide this kind of premises not far from social facilities, since this is not prescribed by law.
It should be noted that the transfer of non-residential objects to residential premises is extremely difficult. Registration of apartments as an apartment can only be done in court with the consent of the owners of the entire building.
The buyer decides which property is worth buying, referring to his goals and capabilities. If you need housing for a large family with the right to register, or you want to open a hotel, thereby establishing a business, the choice is obvious.
Having your own comfortable home is the natural desire of every person. Buying an apartment these days If you have your own or credit funds, it’s quite simple, the choice of new and secondary housing is wide. But more and more often on the Internet you can find advertisements for the sale of apartments, and the price per square meter in this case turns out to be 15 - 20% lower than the price per meter in an ordinary city apartment. Let's try to figure out how these two types of real estate differ and when it makes sense, thereby saving money.
The main difference between an apartment and an apartment is that an apartment is a residential property, and an apartment is a commercial property. The turnover of residential real estate and the rules for its use are regulated by the Housing Code of the Russian Federation, which a priori interprets all controversial situations in favor of home owners (in theory). The status of apartments is regulated by the more general Civil Code. The owner of the apartments has eternal rights to them, but cannot, for example, permanently register there or register third parties for permanent residence. Only temporary registration is possible in the apartments - these are hotel-type accommodations.
Apartments from the developer's point of view
Since apartments do not have the status of residential premises, the process of accepting a building is simpler than in the case of an apartment building. Industrial, warehouse, and administrative buildings that cannot be reconstructed for housing are often converted into apartments. Naturally, when arranging apartments, the builder, developer or future owner is obliged to provide a sufficient level of comfort. Not because building codes require it, but simply because temporary housing without sufficient amenities simply will not find demand. you will find in the catalogue.
Taxation issues
An important issue is the taxation of apartments and apartments. At the end of 2014, President Putin signed a decree in which the property tax for individuals is tied to the cadastral value of real estate. But if the tax rate on apartments in 2015 is 0.1% of the cost, and by 2020 it will increase, according to the decree, to 0.3%, then the owner must now give the state 2% per year from the cost of apartments and any other commercial real estate.
This situation clearly implies that apartments are ideal as a means of active income, allowing not only to maintain them, but also to share them with the state.
Apartments on mortgage
A separate question is whether it is difficult to buy apartments with a mortgage or credit. The answer is clear – it’s not difficult. Banks benefit from such deals. The cost of apartments is lower than the cost of apartments, which means selling the collateral in case of non-repayment of the loan will be easier than selling the apartment. You cannot register in the apartment, which means there will be no problems with eviction from your only home and other “delights” of a regular overdue mortgage. The rate on loans secured by commercial real estate is always higher than the rate on residential property.
Apartment or apartment - Which is better?
Let's summarize. Apartments today are a type of commercial real estate intended for temporary residence of the owner or third parties.
Buying apartments for your own residence is an option with its own pros and cons. The main advantage is saving 15 - 20% of the initial investment, and also the fact that the apartments are sold already finished and furnished, which also saves money and time on repairs and furnishings. But there are also disadvantages to the purchase:
- high property tax rate;
- impossibility of permanent registration;
- lack of social guarantees provided to homeowners.
A much better option for using apartments is to rent them out for the purpose of generating business income. Different rental periods are possible - from several hours to several years. Daily rental is the most profitable, but also the most expensive business, as it requires investment in advertising and resolution of inevitable force majeure situations. The yield from renting apartments for a long term is approximately equal to the profitability from renting apartments or slightly exceeds it.
By purchasing several apartments under one roof at once, an enterprising person can open a profitable hotel business. Successful examples can be found in many countries around the world. He himself will live in one room, and the rest will be rented out to tourists, business travelers, part-time students during a session, and simply people who are looking for temporary solitude.
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From the point of view of law and law
Last time we started telling, It’s time to talk about laws: let’s figure out how apartments differ from apartments.
Ekaterina Miroshkina
economist
From the point of view of the law, an apartment is not the same as an apartment. Even if a family with three children lives there and this is their only home. Temporary registration also does not make the apartment residential real estate. A building with apartments is not considered an apartment building, even if it has a management company, mailboxes in the hallways and swings in the yard. For the state, apartments are a type of commercial real estate. This is the main difference between apartments and apartments.
You can save a million rubles when purchasing and then lose much more if you don’t calculate everything in advance. Losses are not always measured in money and may be irreversible.
Everyone is responsible for themselves
We will tell you the most important things about apartments from the point of view of law and economics, and you can decide for yourself whether you need it or not. In any case, buying real estate is a matter in which it is better to seek help from professionals. It’s a big mistake to think that now they will tell you everything on the Internet. There are many nuances in this matter. Consult a specialist.
Purpose of premises
The law has a specific list of which premises can be considered residential. By default, apartments do not fit this definition. Even if a hotel-type building looks like a residential building from the outside, it is still not housing.
If you own apartments, most likely you are the owner of commercial real estate, not an apartment. In this case, laws that relate to housing will not apply to apartments. If you are reading the rules of state support, mortgage terms or requirements for beneficiaries and the words “housing, living quarters” appear there, this is unlikely to concern you.
For example, the state has established requirements for the safety of residential premises, the height of buildings, the provision of elevators, the location of bathrooms, reinforced floors, natural lighting, ceiling heights, sound insulation and even the slope of stairs. These requirements do not apply to non-residential apartments.
Theoretically, there are apartments that are located in a residential building. This can be found out from the documents for a specific project where you are offered to buy real estate. For example, the purpose of a building and its premises can be easily found in the project declaration, which will certainly be on the developer’s website.
Apartment. When you buy an apartment in an ordinary residential building, you automatically become a co-owner of the common property. Although the certificate does not say this, by default you own part of the roof, facade, common balconies, entrance, basement, staircases, elevators and even the yard. This share cannot be allocated in kind, sold or abandoned.
Apartment. Everything is complicated here. The regime of common shared ownership of common property in a non-residential building is not directly regulated by law. Some experts believe that apartment owners do not have ownership rights to common property. But the Supreme Arbitration Court explained that the owners of premises in non-residential buildings have the same rights and obligations as in apartment buildings - they own a share in the common property and are obliged to pay for its maintenance.
There are both advantages and disadvantages to this approach. With an apartment building, everything is more or less clear - there are entrances, stairs and elevators, which all residents use in one way or another. It makes sense for everyone to pay for them. In a non-residential building, in addition to apartments, there may be offices, retail premises, lobbies, fountains, entrance groups - all this is common property that the owners of not only offices, but also apartments will have to maintain.
Even if a family bought an apartment, lives there with children and never visits the lobby of the business center, they could theoretically be required to pay for the maintenance of this part of the building. A specific management company can establish its own regime, but by default the explanations of the Supreme Court work this way, and judicial practice is ambiguous. Tomorrow another management company will come and change everything.
The state does not regulate the list of services of management companies for non-residential buildings. If the class of commercial property requires the services of gardeners, butlers and concierges, apartment owners will pay for them. On the one hand, this allows you to build apartments of incredible beauty and convenience. On the other hand, you can get services that you don’t really need.
Home management
The house has a lot to do besides what happens behind the iron doors of the apartments. Entrances need to be cleaned, elevators and roofs need to be repaired, light bulbs need to be screwed in; in the local area you need to build platforms and put up benches, mow lawns and put up bollards, paint fences, sweep leaves. Who will do it, how and for what money is an open question.
Apartment. In an apartment building, management issues are handled by a management company or HOA. The management company is selected by a meeting of owners. It also makes key decisions about managing the house. The meeting of owners is democracy in action: each owner has some kind of “weight” depending on the area of his apartment and he can vote with this “weight”.
Active residents can campaign, unite groups of owners around themselves and influence votes - just like in the normal democratic process. If a young mother has the time and desire, she will organize everything and there will be ramps for strollers at the entrances. Pensioners can unite and vote to ensure that there is no parking in the yard. And if car owners have more votes, then pensioners will be left without benches and green areas, and parking will expand - and all this at the general expense.
To be guaranteed to solve the issues of an apartment building in your own way, you need to be the owner of more than half of the square meters in this building or control the decisions of such owners. In real life, of course, this is impossible, so all residents can influence common decisions.
Apartment. In a non-residential building with offices and shops, the following situation may well arise: the developer does not sell the offices, but rents them out, retaining ownership. Or the entire office and retail part is bought by a development company. This is how a majority owner appears - the one who owns the majority of votes. And whoever has the majority of votes has the right to make decisions about the house alone.
This is unlikely if the complex consists only of apartments. But this cannot be ruled out: you do not know who they belong to. Maybe a businessman bought the building and opened a hotel there. Has the right: appointment allows.
If in front of you is a complex of offices and apartments or, for example, an apartment high-rise sticking out from the belly of a shopping center, there is a risk. And very tall.
The majority owner can vote for increased tariffs, appoint a management company convenient for him, hire a gardener from Rublyovka, install a monument in his honor in the center of the yard, or rent out the first floor for a karaoke club, which will only feature songs by Grigory Leps. Apartment residents will not have any legal mechanisms to deal with such a situation. Even evidence that the majority owner is in league with the management company will not help. This is not considered an abuse of right.
Relations with neighbors
Apartment. By law, neither you nor anyone else can use residential premises for business. You cannot legally set up an office or a mini-hotel in an apartment; you cannot open a cafe, sauna, recording studio or site for rap battles in it. The premises need to be converted into non-residential ones, and this is not always possible.
The difference between an apartment and an apartment is that for residential buildings there is a silence mode: after a certain time you cannot make noise in the apartments. If you live in a real apartment building, and cheap punches are constantly heard from behind the wall at night, you have legal mechanisms to influence this.
Apartment. Owners can use them in any legal way if they comply with technical regulations and requirements of supervisory authorities. These requirements are not the same as for apartments. Apartments may have different purposes, but they are always non-residential. In a hotel-type apartment you can live like in an apartment, and someone will buy several neighboring ones to rent to business travelers, foreigners and couples in love - this is legal.
There are no requirements for silence or soundproofing for the apartments - neighbors through the wall can play drums at night.
They can open a bar on the ground floor without your permission, demolishing part of the wall and blocking your view. The difference between an apartment and an apartment is that in a regular house they would ask the residents’ permission, but in an apartment complex they may not ask. People can walk through your entrance to the office of a network company. Moreover, the security will be obliged to issue them passes.
This does not mean that when buying an apartment you will necessarily encounter such problems. Maybe quiet families will live next to you and the whole complex will be populated by ordinary people. And only the first floor will be rented out for offices and shops, and a notary, pharmacies, groceries, a bank branch and a children's center will be located there - everything you dreamed of. But when buying, you need to be aware that a complex with apartments is not an apartment building. It is not covered by the housing code, and residents have fewer rights.
Seizure for debts
Apartment. According to the law, the only housing cannot be taken away for debts. Even if the owner of an apartment owes a lot of money to a bank, a neighbor, a microfinance organization, or anyone else, their property will not be taken away from them and their family will not be evicted onto the street. The only exception is for mortgaged apartments, which are already pledged to the bank.
Apartment. Apartments are not housing, so there are no restrictions on their collection. It doesn’t matter that there is a family living there who bought an apartment for permanent residence, they have no other real estate and the loan was not taken against the security of the apartment. For bailiffs, an apartment is an ordinary asset that can be seized and put up for sale to pay off a debt. For example, if the owner is an individual entrepreneur, he has accumulated debts to creditors and the tax office. His family and children live in the apartment, but this property is not protected from foreclosure.
Deductions when purchasing real estate
Apartment. The difference between an apartment and an apartment is that when you buy it, you can claim a deduction and get a tax refund. If you buy an apartment while married and neither spouse has used the deduction before, the family will be able to return up to 520 thousand rubles. Additionally, the state will return 13% of the mortgage interest paid - a maximum of 390 thousand rubles to each spouse.
Apartment. There are no deductions for non-residential real estate, even if an ordinary family with children buys it and plans to live there permanently.
Apartment. Residents of apartments are not mentioned in the list of consumers who are equated to the population. Despite the fact that ordinary people live in the apartments, it is believed that electricity is supplied there for commercial needs.
Property tax
Apartment. Property taxes are calculated at residential rates. They may vary depending on the region and the price of the apartment, but there are federal standards. Residents will pay 0.1% of the cadastral value for the apartment. In this case, you can use a property tax deduction of 20 square meters. There is no need to pay property tax on this area - only on the difference.
This benefit does not depend on social status and income - it is given for apartments in any region. For example, if the area of an apartment is 39 square meters, then the tax will be charged only on 19 square meters and at a rate of 0.1%. For apartments over 10 million rubles in Moscow, the rate rises to 0.15%, but it is still much lower than for apartments. There are also reduction coefficients - they can also reduce the tax, however, they are valid for a limited period.
Apartment. For a hotel-type apartment you will have to pay approximately five times more property tax compared to an apartment - 0.5%. It may be possible to save a little due to the lower cadastral value. And if the apartment is in an administrative and business complex, then the rate will be even higher - 2%.
Apartment owners are not given a federal property tax deduction: they will pay tax on the entire area.
Comparison of property tax for an apartment and apartments with an area of 39 m²
Using data from the website of the complex in Fili as an example, provided that the apartments are 20% cheaper than apartments
Price per 1 m²
Apartment
RUB 336,000
Apartment
RUR 269,000
Price
Apartment
RUB 336,000
Apartment
RUR 269,000
Price
Apartment
13 million R
Apartment
10.5 million R
Tax deduction
Apartment
Apartment
The tax base
Apartment
19 m² × 336,000 = 6.38 million RUR
Apartment
39 m² × 269,000 = 10.5 million RUR
Property tax rate
Apartment
Apartment
Annual property tax
Apartment
9576 R
Apartment
RUB 52,500
In Moscow there is a reduction factor for apartments, but it only applies to those complexes that are included in the official register of apartments and meet other requirements. In March 2018, this register was expanded - there are now 16 apartment complexes. If a complex is not on the register, there are no benefits for it.
Other property tax benefits in the regions, for example for pensioners, disabled people and large families, also do not apply to apartments.
If you are choosing between an apartment and an apartment, find out the rate for a specific property and calculate the tax yourself with the help of an expert. Don’t even believe the calculations on the developers’ websites. Then it may turn out that the tax is actually higher, the rate is not 0.5%, but 2%. Moreover, the cadastral value is growing, but no one is going to include the complex in the register.
Major renovation
Apartment. Owners of residential premises in apartment buildings make mandatory contributions to the capital repair fund. Then, this money is used to carry out major repairs of common property. We told you that the minimum contribution for major repairs in Moscow from July 1, 2017 is 17 rubles per square meter.
Apartment. Owners of commercial real estate in non-residential buildings are not required by law to make contributions to the capital repair fund every month. But when the time comes to repair common property, you won’t be able to rely on accumulated contributions and financing either. But as a rule, apartments are purchased in new buildings that will not require major renovations soon.
Comparison of payments for major repairs for an apartment and an apartment with an area of 39 m²
Minimum payment per m²
Apartment
17 R
Apartment
0 R
Mandatory payment per month
Apartment
663 R
Apartment
0 R
Contributions for major repairs per year
Apartment
7960 R
Apartment
0 R
Social infrastructure and technical requirements
Apartment. The state must control the parameters of residential development. There are requirements for the number of schools, kindergartens, clinics, roads and other infrastructure facilities. The developer must build them at his own expense or with the support of the state.
Unfortunately, in fact, many developers do not comply with these parameters: they collude with officials, receive approved projects without schools and clinics, or endlessly delay the delivery of infrastructure facilities. But apartment owners have at least some guarantees and rights. They are protected not only by city planning regulations, but also by federal laws.
Noisy industries or hazardous facilities should not be built in a residential area. And if even a mini-production appears, there should be a sanitary zone around it. The entrance to a store in a residential building should be separate, and not through the entrance. The noise level in apartments must correspond to the guest, and sanitary standards have been established for apartments. If a deviation is found, you can demand a penalty or force the developer to correct the deficiencies.
Apartment. There are no such urban planning standards for commercial development zones. It may turn out that there is no school or clinic in the area where the apartment complex is located. The city is not obligated to build them.
The number of residents in the apartments is not taken into account when planning the development. For example, 200 children can live in an apartment, but a separate kindergarten will not be built for them and places in the nearest school will not be planned.
For apartments there are no strict requirements for sanitary standards, characteristics of materials, layouts and sound insulation. The quality of construction is not controlled in the same way as in the case of housing - this is already on the conscience of the developer.
Transferring an apartment to residential premises
Non-residential premises can theoretically be considered residential. To do this, the entire building must be officially converted into an apartment building. A separate apartment cannot be recognized as an apartment. And although such a mechanism exists on paper, it is impossible for an individual apartment owner to implement it in practice.
What are the benefits of buying an apartment?
Place. Often in some convenient and interesting place it is impossible to build a residential building, but a building with apartments is possible. This happens when the urban plan includes a site for a business center or a hotel, but there is not enough space for a microdistrict with parking lots, schools, clinics and sanitary zones. Or the location is not suitable for residential development due to the proximity of industrial facilities. An apartment may be your only chance to buy real estate to live in the right location, such as close to work or in the city center.
The main differences between apartments and apartments, the pros and cons of such housing.
The concept of apartments appeared on the domestic market quite recently and this is not luxury housing at all. Now these can be quite simple apartments intended for student accommodation. In this article we will look at the main differences.
What are apartments in real estate?
An apartment is a living space with more than two rooms and a bathroom. These can be either luxurious penthouses or small cozy studios. There are several classes of apartments. The higher the class, the more luxurious the housing. There are luxury apartments, which, in addition to good housing with excellent repairs, have a garage and security.
What is the difference between an apartment and an apartment?
There are actually a lot of differences. Apartments are not initially part of the housing stock and can be built in non-residential premises. Initially, such housing was organized in industrial zones, which is very important for large cities where there is not enough space to build a residential building. In fact, apartments can be built in huge luxury complexes and business centers.
To exaggerate, you can live in a business center on the top floor. This entire floor will consist of apartments. Offices will be located on the lower floors. But in fact, this is not always the case, because such housing can be provided in mini-hotels and separate residential complexes. But there is a huge difference in legal differences and more.
Apartments and apartments - which is better, more profitable: pros and cons
Now the apartment market is quite popular due to the low cost of housing. The low price is due to the fact that the developer has to spend much less money and time on obtaining a building permit. At the same time, much fewer infrastructure-related requirements are imposed on this level of housing.
Advantages of the apartments:
- Low price
- Convenient location in the city center
- Availability of additional benefits (security, parking)
Disadvantages of the apartments:
- Inability to register
- Lack of schools and kindergartens nearby
- Impossibility of obtaining a free place in school or preschool institutions due to lack of registration
- High prices for utilities and premises maintenance
What is the difference between apartments and apartments in new buildings when purchasing?
You must understand that not all apartments are marked for residence in the documents. If the documents clearly indicate that this is a hotel or inn, then you can obtain temporary registration for up to 5 years. If there is no note about the hotel or inn, then, unfortunately, you will not receive the right to register.
Accordingly, you will not be able to enroll your child in the nearest kindergarten or school for free, get a job or get free medical care. The price for such housing is much lower than for apartments, but the quality is much higher. This is a convenient layout and possible additional amenities such as parking, security.
Apartment and apartment: what is the legal difference?
In fact, this is not residential real estate, but commercial. Actually this is the main drawback. There are also a lot of legal subtleties. The main disadvantage is the lack of permanent registration. At the same time, not all apartments offer temporary registration. Also, the developer is not obliged to build schools, gardens and those buildings that need to be erected next to the housing stock nearby.
How to distinguish apartments from apartments when purchasing?
Initially, the developer warns that the sale is of apartments, not housing stock. But still, some sellers try to hide this fact. But the documents always indicate that the premises do not belong to the housing stock. Some developers promise to convert some apartments into residential housing, but this is quite difficult to do.
After all, it is initially necessary that it meets all the requirements for residential premises. That is, there should be kindergartens and schools nearby. Please note that prices for housing and communal services and housing taxes will be higher than for a regular apartment. On average, prices for housing and communal services per 1 square meter vary between 5-10 dollars.
Despite the good quality of housing and low prices, the apartments have many disadvantages compared to ordinary apartments. This must be taken into account when purchasing.
VIDEO: Differences between apartments and apartments
