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Condotel is a new trend in the real estate market in Vietnam

condotel-in-vietnam

Today, Condotel is not new in property market in the world but it is quite new in Vietnam. Some information about Condotel below may help you have the objective view for this architechture.

What is the Condotel?

Condotel is short for the Condo (or Condominium) and the Hotel. As its name, Condotel has both hotel and condominium functions. When arriving to Condotel, customers can book the rooms like the hotels. Each Condotel has the booking-room system and serving services 24/24, as well as the accompanied services such as: swimming pools, restaurants, night clubs, stores, heathy clubs, mail services… Besides, customers will enjoy all the convenience of the great condominiums when coming to Condotel. All the Condotels includes living rooms, bedrooms, and kitchens with all kinds of necessary tools.

Condotel is the perfect combination between the hotel and the condominium when the proprietor not only lives as a normal apartment but also gets the maximization profit from Condotel like the hotel if he lets it out to others. The most great features of  the Condotel is that there is an agency keeping the control on the living and leasing problems here. In future, Condotel architechture will be more and more developing bacause of its benefits.

Condotel projects in Vietnam

2011 was the year that the first Condotel project has operated in Vietnam. The Hanava project in Nha Trang, with 41 floors in height including 1260 Condotels, is the first Condotel projects in Vietnam. The next one is the Condotel A La Carte in Da Nang, with 202 Condotels 4 stars, which also has been offered in 2011.

Then, there is the Olalani Resort and Condotel project in Da Nang, too. In Ha Long, there is the New Life Tower project, a typical Condotel in this beach city. Nha Trang City, one of the most beautiful beaches in Vietnam, continues introducing a new Condotel project in Ha Noi, Panorama Nha Trang.

Panorama Nha Trang project is the potential project with the combination between the condominium and modern and convenient commercial centre. Panorama Nha Trang is located in the center of Nha Trang City and far from Tran Phu Beach only 50 meters, which is very easy in travelling. Panorama Nha Trang has been designed as the elip shape, which maximizes the number of apartments having the view looking into the beach as well as create the aesthetic point for the building.

All the Condotel in Panorama Nha Trang has designed in tropical style, simple and nice, customers can feel the luxury and modern here. In addition to the advantages of location and interior design, the price is one that makes Panorama Nha Trang becomes a potential investment. To own a condotel with 5 stars, customers just give about $65200/condotel. It’s a good price for creating interest for Panorana Nha Trang.

Condotel is a new trend in the real estate market in Vietnam
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