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Da Nang real estate is developing with high speed and stability

Da Nang real estate is developing with high speed and stability

According to market research and analysis reports for the past nine months, The strong development of Da Nang resort.

The vision has helped Danang real estate market to develop quickly and sustainably.

Experts said that the main reason is that the city has a long-term, sustainable planning. This is an important factor leading the real estate resort Da Nang has maintained impressive growth rate and stability in many years.

Specifically, by the end of the third quarter of this year, the number of visitors to Da Nang reached 5.1 million, up 22.7% over the same period last year. Of which, international visitors reached 1.7 million, up 81.8% over the same period.

Da Nang real estate market
Strategic planning of the government will make the “face” of Da Nang fast and sustainable change

Luxury resort Danang has many opportunities for development.

According to the general assessment of many experts, the real estate market up to the present time has a flourishing on most types.

In particular, the 4-5 star hotel and resort sector continues to dominate the market. Both in terms of profitability as well as the ability to attract capital of investors.

The reason for this growth is that Danang always holds the position of Vietnam’s leading destination for tourists. Especially in the structure, the international audience occupies a large proportion.

Many experts explain, the most important factor to help the real estate market in Da Nang stable development is sustainable planning and throughout.

Da Nang is attracted by local investors, because the city authorities want to make this place become “Singapore of Vietnam”. When implementing strategic planning on the banks of Han River, My Khe beach …

Many items of entertainment, entertainment and infrastructure have been upgraded to attract international visitors to Da Nang
Many items of entertainment, entertainment and infrastructure have been upgraded to attract international visitors to Da Nang

The planning is implemented and strictly implemented under close supervision of the government. Create a number of outstanding attractions with the development of infrastructure, the construction of new entertainment, entertainment and culture. This helps Da Nang become an indispensable name in the international travel of Vietnam.

With the attraction of tourism, capacity and profit of hotel business in Da Nang also grows. Leading with the average occupancy rate of 75% – 80%,

If you keep such capacity, then calculate the profit that customers can get from the profit sharing of the investor will be around 15%. It will not stop at 10-12% today. The rate of occupancy and profit is so high, indicating that the demand of customers in the high-end segment is still very much. This is the opportunity for investors when targeting this segment of luxury resort.

Da Nang tourism has strong and fast growth.

The growth of real estate is like the “savior” of the real estate market Da Nang quiet in the past.

Mr. Dinh Trien- The owner of a newly-operated hotel said: “It has never been so easy to do hotel business in Da Nang. The average room occupancy rate is always high. The lowest point must be 50% and peak if the customer does not reserve the room will not. It is the attraction this past time, consecutive has the hotel in the center and the coast rapidly.

According to CBRE’s report, the tourism and hotel market in Da Nang is the brightest spotlight among real estate products in Da Nang.

“More specifically, the business results of five-star coastal hotels are evidences that this segment is the best segment. With sales on average reached a 35.2% increase compared to same period last year. In addition, 4 – 5 star hotels in the center also have the same trend. With a corresponding increase of 2.5 and 3.5% over the same period. Ms. Duong Thuy Dung – Deputy CBRE Vietnam analysis.

The high-end hotels
The high-end hotels are enjoying good results in Danang for many years

The number of visitors to Da Nang is mainly from Northeast Asia such as China, Hong Kong, Taiwan and Macau. They not only come to travel but there are many visitors who are also ambitious to own a property in this market.

If in the previous years, buyers from Hanoi and Ho Chi Minh City have dominated the apartment market, resort villas. With a successful transaction rate of 70-80%. In the past two years, many customers from China, Macau, Hong Kong and Singapore have been making the balance in the Da Nang market is not completely deviated as before.

“In the first nine months of this year, the number of customers interested in CBD tourism in Da Nang has increased three times compared to last year. There are even some investors coming here for advice, “said Duong Thuy Dung.

Explaining the special interest of investors from Northeast Asia to Da Nang market over time. According to Dung, it is due to the attractiveness of infrastructure, transportation, investment policy and transparency in business investment.

That has created a big attraction for many investors. Not only that, with a profit rate of 8% from tourism resort in Da Nang.

That’s a lot higher than Taiwan, Hong Kong and some other countries. Da Nang is a market that many investors are concerned about. This is obvious.

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