To make profit with Coco Skyline resort project in Da Nang

With initial accumulated amount, customers will receive an investment at Smart Condotel Coco Skyline Resort, belonging to Cocobay Danang Complex.

The Cocobay Complex has opened for sale of its first phase on July 15. This is considered a favorable opportunity to conclude successful transaction and make annual profit as Cocobay is the first large-scale entertainment complex to be launched.

Empire Group said that together with the activities to attract tourists, investors also proceed to open the last sale of special apartments of the component project of Coco Skyline Resort. These units own a beautiful view to Da Nang Beach and two beautiful 18-hole golf courses in Southeast Asia.

Along with that is the intelligent technology system which is integrated and developed closedly at each condotel.

Owners can easily control electronic appliances such as televisions, air-conditioners, sound systems, curtains and lighting via a smart phone. Intelligent technology is now very common in residential apartment. With condotel, it offers a unique experience.

Coco Skyline Resort currently costs at VND1.4 billion per unit, of which SHB will support loans at preferential interest rates. SHB will act on behalf of the client to pay the amount equivalent to 60% of the condotel price for the owner and the buyer will pay the remained for 20 years.

According to Empire Group investor, the project has been constructed to the 23rd floor and is ahead of progress. The main contractor also accelerated the construction process so that the project will be handed over to customers from the first quarter of 2018.

Thus, within next nine months as from the client’s investment, the project will be put into operation, Coco Skyline Resort will begin to make profit for investors.

The Empire Group also applies the minimum profit commitment of 12% per annum for 8 consecutive years for customers – much higher profit than other projects which are often ranges from 8 to 10% per year.

After the committed period, the profit sharing rate in Coco Skyline Resort’s business is worth considering. Specifically, the owner will receive 80% of the profits from the apartment rental from the 9th year.

With the condotel type, investors can be assured if they sub-lease it to the investor. Of course, in order to ensure profitability in this case, the owner must have a good reputation, have a good business strategy and, most importantly, be professional when operating the tourism service.

For example, the Condotel Coco Skyline Resort project, when being put into operation, it will be managed by Empire Hospitality. This is a prestigious management unit that has affirmed its reputation through the Naman Retreat high end resort. Naman Retreat always achieves room occupancy rate of over 65% – higher than the average rate of the high end hotel market, despite its high rents in Danang market.

Coco Skyline Resort is also located in 5-star luxury hotel and resort complex of Cocobay. With this location, visitors can easily access and use high-class facilities in the complex with the scale of 11,000 billion in the coastal area of Danang.

In addition, Coco Skyline Resort also presents outstanding facilities such as swimming pool, rooftop gym, mini basketball court, beach yoga area and diverse dining services such as coffee, bar and European – American restaurant system.

Every condotel of Coco Skyline Resort is fully equipped with high-class facilities such as guest table, wall cabinets, TV, refrigerator, air conditioner, induction cooker… The careful investment in location, utilities … will be the key factor to attract tourists to Cocobay and make profit for investors.

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