Up to now, resort real estate products are no longer a product to the real estate market. Especially, as real estate products are being offered in the market, there is a change in quantity and quality in line with the trend of general development.
The current status of real estate
Developed together with the development strategy of Vietnam’s tourism industry, resort real estate is recording strong growth. In the period 2017-2019, the market is expected to provide from 27,000 to 29,000 apartments, villas specialized for resort real estate products across the country.
In the period 2017-2019, the market is expected to provide from 27,000 to 29,000 apartments, villas specialized
Resort properties will be concentrated in key tourism areas of the country such as Da Nang, Phu Quoc and Nha Trang. Some other localities also focus on development of resort real estate projects such as Vung Tau, Phan Thiet, Quy Nhon … The two major cities of the country, Hanoi and Ho Chi Minh City continue to be stops. At the same time, the demand for resort real estate in this area still has many opportunities for development alongside other types of real estate.
Potential for investment in real estate resort
Advantages of investing in real estate products are quite unique compared to other products in the same industry. These advantages have contributed to increasing the investment potential for resort real estate.
Vinpearl Phu Quoc 4 is selected by many investors
Products of the industry: In addition to popular products such as apartments, land, … the real estate resort is the product niche of the real estate market now. This product meets the needs of social development when the demand for cultural exchanges, life experience is increased.
Commitment to profitability: With a committed 8-14% profit margin from 8-10 years, this profit has a strong attraction to investors. While other types of investments are less likely to compete for this high profit.
Tourism market fluctuations: The government issued many policies to support the development of the tourism industry has created conditions for product development to follow. Recognition of the number of foreign tourists to the time of the rise compared to the old decades.
Prioritize infrastructure development: Some provinces and cities in key tourism development strategies are being invested to develop infrastructure in line with the national development strategy. The number of international routes has improved and has increased.
Get out from the experts
It is confirmed that the trend of real estate investment in developing countries, moreover, real estate is a safe and secure investment channel for profitability for investors. However, whether to invest real estate resort at this time or not, investors themselves need to refer to the relevant information channels.
Invest in resort villas should carefully consider the relevant information
Project Development Unit: Financial strength is always a point to consider when choosing to invest in any real estate resort project. Project owners not only have to make sure that the profits are committed even when they are put into operation but they have not earned the expected profits. Having strong financial support also ensures that the project is implemented on schedule, without delay.
Appropriate Project Selection: Investors should be keen to select a real estate property project to invest instead of just following the promise of profit from the project owner. Assessing the actual situation of tourism in the locality will make more clear. In addition, the infrastructure, utilities, air routes, public transport directly affect the ability to effectively invest from the project.
Follow the trend of the market: the product of resort property also noted the obvious change in demand. Especially, the tourists who love the experience with the requirements of the space to go play together to do the modern facilities, or the tourists demand the completeness of utilities … At this time, any resort will no longer be encapsulated in buildings but is a modern and comfortable complex.