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Hoi An Resort Property Suddenly Burst In The Last Months Of The Year

In the second half of 2017, the heat of the Danang resort has temporarily subsided to make room for the outbreak of the ancient town of Hoi An.

You can read more information at Vietnam Real Estate Market

From 2014 up to now, Hoi An resort property has grown but compared with two major tourist cities nearby are Da Nang and Nha Trang, the old town is somewhat inferior. But by the second half of 2017, many newcomers unexpectedly do not know Hoi An real estate has silently grown to such explosive levels from time to time.

Hoi An: The convergence of trillion projects

Most notably, the $4 billion casino project, which accounts for nearly VND7,000 billion, is a joint venture between VinaCapital and Hong Kong’s Chow-Tai-Fook and The Suncity of Macao. This project is located in the gold position in Quang Nam province, close to Hoi An ancient town and not too far from Da Nang airport. It is expected to be one of the largest entertainment, hotel, tourism and casino complexes in Vietnam.

Hoi An Resort Property
$4 billion casinos project in Hoi An

In addition, Hoi An Resort property has proven itself to be a magnet of great attractiveness with a series of other projects such as Vinpearl Nam Hoi of Vingroup with investment capital of VND 5,000 billion, Opal project Ocean View of Dat Xanh Property Services and Construction JSC with the investment capital of up to VND4.600 billion. All are designed and built into high-end resorts, promising to be the bright spot of Hoi An property in the future.

The Hoi An – Dien Ban, Dien Ban and Nam Hoi clusters will be the focus of ecotourism, cultural. This will be a great development opportunity for property projects.

Hoi An Resort Property
Chu Lai and Dong Quang Nam are fertile lands for resort development

Hoi An Resort has many opportunities for sustainable development

Despite the fever in the second half of 2017, experts at the property market in Ho Chi Minh City 2017, property Hoi An has many factors to develop sustainable, especially in the property segment.

The number of visitors to the old town is increasing every year

According to statistics from the beginning of 2017, the number of tourists visiting and staying in Hoi An in February is over 440,000, up 55% over the same period in 2016. In the first two months of this year, was 840,000, up 46.6% over the same period last year. From February to the last months of the year, the number of tourists visiting the old town has also increased steadily to help tourism revenue increase significantly and investment real estate has many advantages.

Hoi An Resort Property
Hoi An ancient town with its own cultural and gastronomic features is always attractive to tourists at home and abroad

Property in Da Nang, Phu Quoc and Nha Trang are showing signs of saturation

After a long period of fever, property resorts of three major tourist destinations in the country are Da Nang, Nha Trang and Phu Quoc have signs of decline, also have the ability to exceed the bridge should investors Moved to Hoi An ancient town. In short-term, the land fund here is still large, the number of large projects despite signs of explosion, but generally still have the potential to exploit.

Preferential credit policies from banks

When investing in Hoi An property, the investor will receive many preferential policies on interest rates of banks, policies to encourage investment by the central and local tax incentives of the house. Water makes the money flowing to Hoi An resort property more impressive.

Currently, the number of people heading to Hoi An is increasing, Hoi An property market in general and the property segment, in particular, is becoming an attractive land that any owner would like to join to take the part.

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