With the strong development of transportation infrastructure along with the advantages of sea-going potential, Phan Thiet real estate is creating the ever stronger attraction for investors.
Transport infrastructure – a driving force for tourism
According to the plan approved by the Prime Minister, the orientation until 2020, Binh Thuan province will become a center for tourism – marine sports. Along with that, Phan Thiet City will become a tourism city of national scale. It can be seen that the most important foundation for Phan Thiet’s realization of this goal is that the system of transport infrastructure is developing more and more, making inter-regional connection become faster and more convenient.
Typical traffic projects include Ho Chi Minh City-Long Thanh – Dau Giay expressway; The project of upgrading and upgrading the National Highway 1A has just been completed and put into operation, and will soon be the Dau Giay – Phan Thiet expressway, Phan Thiet – Nha Trang expressway.
Especially, the Phan Thiet airport project that has been commenced by the owner and is being rushed to be put into operation in 2018 will help Phan Thiet city become closer not only to tourists but also become a regular destination for international visitors in the near future.
The status of a new urban-commercial project that was opened in Mui Ne – Phan Thiet
In fact, although developed much later than other tourism centers such as Da Nang, Nha Trang or Vung Tau, Mui Ne – Phan Thiet has very quickly confirmed its solid position on Vietnam tourist map with hundreds of standard resort quality from 1 to 4 stars.
According to the statistics of the Department of Culture, Sports and Tourism of Binh Thuan Province, Binh Thuan alone in February has welcomed about 385,480 visitors, up 13.1% over the same period in 2015, of which international visitors are about 47,500, increasing nearly 15% over the same period in 2015. Notably, domestic visitors to visit, play and relax here always occupies a higher proportion in the composition of visitors and accounted for 88% of total visitors.
Investors “adjusted sighting mechanism” to Phan Thiet market.
The synchronous development of the transport infrastructure is the most important reason to promote the potential and strong development of resort real estate projects in Phan Thiet, and it also helps this coastal city become the center attract a lot of special attention of the real estate business.
In fact, in recent times, a series of high-profile projects have been kicked off by investors, developing unit who have years of credibility in the market. Typically, Phan Thiet seaside resort project of Rang Dong Group, or the newest one, The Queen Pearl of the Danh Khoi Real Estate.
Former Managing Director of Vietnam Capital Partners for Investors: Investors of resort property tend to target foreigners, but there are many good indications that the number of domestic tourists will also grow much stronger in the next five years and it is the potential customer of developers of the beachfront resort project.
According to experts, the most important factor that makes a strong impact on the real estate market is the development of the market economy along with the increase in demand for quality improvement in the life of the rich.
For the real estate market in Vietnam, the most important point that makes coastal property competitive is the reasonable price and good production value. Therefore, the projects that meet the needs of relaxation and properly meet the investment capacity of many customers with reasonable prices will be prioritized to become the first choice for investment and development.
“The experience gained from market research in Thailand by experts from Vietnam Capital Partners has shown that luxury beachfront apartments can be reached by car are usually prioritized by the customer rather than those that can only be reached by plane. Therefore, if I have to choose, sure that I will choose Phan Thiet or Vung Tau to invest” – a real estate expert has made his remarks.
The above explanation will be the most reasonable basis to help customers and real estate investors to understand the reason why Phan Thiet attracts guests to make the best choice for themselves.
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