Tycoon: I can see the goddess's wish list novel Chapter 317

Chapter 317: 315, buying a 20 million property? Cashback plan?

"Boss, long time no see."

"Indeed, Mr. Luo. It’s been quite some time since your last visit. Let me introduce you. This is Li Hua, the owner of the restaurant across the street, and he’s also the owner of that two-story building," Boss Zhang said, making the introduction.

"Hello, Boss Li!"

"Hello, Mr. Luo," Li Hua said. "I hear you’re planning to purchase a commercial property."

"That’s right. Could you tell me more about it, Boss Li?" Luofeng asked.

"Certainly. The property has two floors, currently decorated in a Chinese style, and is equipped with a modern kitchen. It’s roughly valued at..."

Luofeng directly interrupted Li Hua.

"Pardon me for interrupting, but I won’t be running a food service establishment after taking over. So, you can pack up all the furniture and take it with you, or sell it as second-hand."

Li Hua pondered for a moment. "Alright then. Let me describe the property. The first floor is 240 square meters with a well-maintained interior, an eight-meter-wide storefront, and it’s thirty meters deep. The second floor is nearly identical, and there’s also a 120-square-meter backyard, mainly used for parking."

So, the two floors together are about 480 square meters.

Luofeng had initially thought it might be smaller, but a slightly larger size wasn’t a major issue.

After all, I have a basic real estate cashback card, and it can provide a cashback of one to three times the amount.

"What about the price?" Luofeng inquired.

"This is freehold property... and the land for the backyard is included as well."

Luofeng nodded.

If the backyard is listed on the Property Ownership Certificate, then the price would naturally be higher. It can’t be considered a freebie.

"It’s also classified as residential property with a seventy-year land use right, of which sixteen years have already passed. If Mr. Luo has the right connections, you could even establish residency here in Shu City," Li Hua explained.

Boss Zhang chimed in from the side, "Actually, all the properties on this commercial street are of this nature."

The fact that it’s residential definitely means a higher price.

"Just state the price. If it’s fitting, we can talk," Luofeng cut to the chase.

"The building itself is priced at 35,000 per square meter, and the backyard area at 32,000 per square meter."

That seemed like a fair price.

After all, the land is the most expensive part, isn’t it? How costly can the building materials be? If they were any more expensive, the price of the house would be astronomical.

"The 540 square meters of building area comes to 18,900,000. The 120-square-meter backyard adds 3,840,000, for a total of 22,740,000!"

"Since there’s no intermediary, the largest transfer expense will be the three percent deed tax!"

"Given that the building is sixteen years old, the seller isn’t liable for business tax. Adding the stamp duty for both parties, the total is roughly 3.1 percent, which amounts to 600,000."

Luofeng chuckled. "I won’t haggle over the 35,000 price. I have a fair idea of its worth, right, Boss Li?"

"I’m being sincere. I’m 50 and planning to retire," Li Hua said.

"That’s a good mindset to have. Our main point of disagreement is the backyard. Although it’s listed on the Property Ownership Certificate, it can only be used as a backyard, correct? I assume there’s no permit to build on it. If there were construction rights, this price would be acceptable to me. But for land that cannot be developed, the price is too high. Any attempt to build would be an illegal structure." Luofeng chuckled.

Li Hua immediately fell silent.

"A backyard like that can only ever be a parking lot or a garden. So, 32,000 per square meter is truly not a fair price."

"Then, Mr. Luo, how much are you willing to offer?"

It’s just as I always say; it’s not as efficient as adding Attribute Points myself.

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