Hoi An is considered as the resort paradise in Vietnam. It attracts many real estate investment projects at home and abroad because of its nice geographic position and economic developing potentiality.
Vietnam has created more attractions for many foreign investors because the Vietnam’s regulations on foreigners’ ownership are easier and simpler. Besides, the economic development, together with the return of the real estate market has made Vietnam more attractive in the world.
Comments by foreign experts
Mr. Rudolf, Managing Director of Alternate, said, “In terms of resort destinations, Hoi An is the first of the list due to the strong development in recent years and the growth in the positive outlook on demand. Especially, Da Nang has become one of the most wonderful destinations in many coastal provinces in Vietnam. Besides, Da Nang has also considered as the potential rival that can compete with Phuket and Bali. However, the convenience of entertainment should be advanced so that visitors can stay longer than planned as well as come back more and more”. Mr. Mauro Gasparotti, Managing Director of Alternative Property Consultancy, said, “The projects explored are mainly active properties including hotels, offices, coast areas where infrastructure conditions are good and apartments for rent have high quality and clear ownership”. He added, “After a few years, many international executives are returning to Vietnam to look for projects. Their goal is the reliable and active investors. In recent years, a number of management contracts have been signed or completed, including JW Marriott in Phu Quoc, Sheraton in Da Nang, Eastin in Ho Chi Minh City, Dusit Thani in Cam Ranh, Sol House in Phu Quoc. Some others are currently under negotiation”.
Activities of domestic investors
Real estate investors in Vietnam have been integrating step by step with real estate investment trend of countries in the neighborhood. For example, when you invest in Hoi An Vinpearl, you have to pay $50,000 for the first time. At that moment, you will receive a tael of gold because of accepting the highest payment rate at the first time. Thus, with the hit to customers’ psychology of receiving gifts, investors have temporarily extracted their profits and transferred to customers, which helps both keep customers for their companies and increase more prestige for investors.
>>>You can read more information: Hoi An – Safe Home For Foreign Investors
With “hot” projects like Vinpearl Hoi An, investors usually encourage customers to deposit in advance to keep their places and create more belief for them. They may reduce some of the cost of decoration and completion for customers when they agree to pay the deposit or they reduce the price when they decide to rent for a long time at the Vinpearl Hoi An Resort.
Mauro Gasparotti also said, “Even if the interest of hotel and resort investors, together with the number of visitors has been going down, I would like to emphasize that the resort real estate projects are one of the volatile components in the real estate field. The short-term differences on demand are completely normal. Moreover, when planning to develop a project, hotel and resort investors should not only focus on the long-term prospect of the country but also follow the global tourism trends, development of infrastructure and approaching ways as well as entertainment options. Vietnam still remains one of the attractive world’s destinations, and most of the investors recognize clearly”.
>>>See more: The Positive Changes Of Hoi An Real Estate Market
All information above is some review of foreign experts about the real estate market in Vietnam. Take note if you would like to invest in this field.
You are reading the article “Hoi An – Resort Paradise In Viet Nam” in the section “Real Estate News” on the website: https://realestatevietnam.com.vn/.
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