Nha Trang – an attraction to foreign investors

Nha Trang – a land that is endowed with green jade beaches, cool climate with friendly and hospitable residents has become an attractive land of domestic and foreign investors.

Talking to Nha Trang, we must mention to resort real estate. A series of international projects are located in Nha Trang, so why Nha Trang is so favored.

Why choosing Nha Trang to invest

Nha Trang has a long coastline with long stretches of white sand, jade sea which is one of the attractions attracting tourists to Nha Trang. Nha Trang is known as the jewel of the East Sea, one of the worth- experiencing beaches in the world

Not only that, Nha Trang also owns many beautiful landscapes, historical relics such as Mountain Church, Long Son Pagoda, Nha Trang Oceanography Institute, and countless are extremely attractive specialties only Nha Trang has.

Nha Trang is a beautiful tourist destination, attracting large number of domestic and foreign tourists. Currently, Nha Trang has 11,474 apartments, hotels, resorts but still fails to meet the customers’ demand. As expected by experts, the number of tourists to Nha Trang will increase from 5 million to 7.2 million by 2020, so Nha Trang will need more 19,200 rooms. But with the current capacity, Nha Trang is only able to supply more 17,600 rooms in next 3 years.

So with the current development pace, Nha Trang can not meet the needs of customers. It is also one of the reasons why Nha Trang resort is favored by investors.

The profit that investors earn from projects in Nha Trang

In Nha Trang, there are a large number of medium and large projects such as Nha Trang Goldcoast, Panorama Nha Trang, Costa Nha Trang and Condotel Starcity Nha Trang. To assess the profit level from this market, let’s learn a typical project that is Panorama Nha Trang project. The project owner said that in addition to resort apartments, Panorama also invests great capital to build commercial centers full of international brands, schools, spa, gym, hospitals of international level. In addition, the investor of Panorama Nha Trang resort also constructed swimming pools, entertaining centers, cinemas … to serve customers.

According to professionals, when we invest about 1.5 billion in a Panorama apartment, then we rent at a price of about 2.8 million per night, the annual revenue from the rental is about 637 million. After subtracting operating, guaranteeing and sales expenses, our profit will be about 400 million – equivalent to about 20% of profit per year.

In the same way, when you invest in the Goldcoast project, you will be committed to earn profit at least 10% per year for the first five years. In addition, when you buy an apartment, you can choose the preferential rates for subsequent payments. Although the profit from investing in resort villas is quite high but you should also be careful before investing.

We hope that the information about foreign invested capital in resort real estate will provide you more useful information before making decision. Be smart investors to choose the right project.

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