Hoi An – New face in the Vietnam real estate market

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Considered as the preferred destination of domestic and foreign tourists, World Cultural Heritage is the potential land for tourism development. Hoi An has been a potential new real estate market of Quang Nam – Da Nang in particular and the whole country. With the development of infrastructure as well as the available potential, Hoi An promises to be a strong real estate market in the near future.

Hoi An fall into the sight of the real estate “giants”

Possessing many beautiful natural landscapes along the coast of more than 3,000 km, the potential development of resort facilities in this land, as Vietnam property news has announced, is still open compared to other countries in the region.

Recognizing that, in recent years, the tourism industry in Vietnam has more opened policy for businesses to invest in developing tourism infrastructure, to facilitate travel of Vietnam as one of the key economic sectors.

The new interior is full of internal forces in the Vietnam real estate market
The new interior is full of internal forces in the Vietnam real estate market

After a series of resort villas, resorts, condotel, etc bring profits 2 times, 3 times more than the hot areas such as Nha Trang, Phu Quoc, Da Nang, etc market-sensitive, continue to seek opportunities in the hot spots, more potential development of other Hoi An real estate
– World Cultural Heritage of Vietnam. The new interior is full of internal forces in the Vietnam real estate market.

Potential factors for Hoi An real estate market

Hoi An has a long, beautiful beach and the ancient town of Hoi An – recognized as World Cultural Heritage – is rich in cultural identity with carefully preserved ancient architectures. TOP 10 most popular tourist cities in the world from 2011 to 2015 by the famous British magazine Wanderlust. Along An Bang beach has been ranked 16th in the list of 25 most beautiful beaches published by TripAdvisor.

According to statistics of Vietnam real estate news, Hoi An is Vietnam’s favorite destination for millions of domestic and foreign visitors with 2.6 million visitors in 2016, and more than 1.6 million visitors in the first 6 months of 2017.

It is expected that by October 2017, when APEC events in Da Nang will help Hoi An increase 18% of visitors. This is a joy but also a worry as the number of establishments in Hoi An is not enough to meet. According to the Vietnam National Administration of Tourism, Hoi An lacked more than 4,000 rooms per year.

Quang Nam province has invested heavily in transportation infrastructure such as Da Nang – Quang Ngai highway, coastal road linking Da Nang – Hoi An, National Highway 1A, Chu Lai economic zone, etc, it takes 62 % of total 76 trillion Vietnam Dong for investment in Quang Nam from 2011 to 2015.

According to the Vietnam National Administration of Tourism, Hoi An lacked more than 4,000 rooms per year
According to the Vietnam National Administration of Tourism, Hoi An lacked more than 4,000 rooms per year

It can be seen that these factors are giving Hoi An real estate big and new investment opportunities, especially resort property, as coastal urban chains and resorts. Entertainment services for the region are gradually being formed. In particular, the New Hoi An City project is more prominent than the beginning of the trend and is now complete phase 1, ready to welcome investors.

Potential is awakened

Being one of the few large projects, it is located right on An Bang Beach (Hoi An), with an area of ​​400ha, ensuring construction density is not over 20% – according to the Vietnam real estate news, the New Hoi An City creates an environment of the green, clean, harmonious combination of Hoi An’s traditional culture and the high quality amenities of a modern new city promises to bring value to the local tourism industry.

This is also the vision and mission that HB Group Group expects in Hoi An real estate to bring about a breakthrough, contributing to the development of Hoi An and Quang Nam.

Phase 1 of the New Hoi An City includes a hotel area with 364 rooms, a condotel with 218 apartments and a 12-seater mansions with culinary and exhibition centers that have been completed and are in the stage.

The New Hoi An City creates an environment of the green, clean, harmonious combination of Hoi An’s traditional culture
The New Hoi An City creates an environment of the green, clean, harmonious combination of Hoi An’s traditional culture

This demonstrates the strength as well as the reputation of the investor when creating trust for customers when not for profit purposes but selling to customers the project still on paper.

A harmonious urban area that both maintains its cultural identity and has modern and dynamic facilities, New Hoi An City not only helps the local people preserve and preserve, maintain and develop the culture they have transmitted. as well as people, history here, but also a motive force for economic development in Quang Nam.

With its natural resources as well as its strengths in transportation and infrastructure, Hoi An real estate has created a great attraction not only for investment in economic development but also for investment in tourism development. If you are a smart investor and acumen, you should not ignore this land of fertile investment.

Source: https://news.mogi.vn/hoi-an-new-face-in-the-vietnam-real-estate-market/

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