Resort real estate – a type of real estate in Vietnam has emerged in recent years as an attractive investment channel for investors. This type has long been developed in developed and developing countries around the world, especially in countries that focus on developing the tourism service industry.
Recently, seeing the potential for the development of Vietnam's tourism service industry, infrastructure factors are focused on upgrading, tourism development policies & convenient transportation stimulate demand, helping resort real estate grow clearly. So do we understand resort real estate clearly?
What is resort real estate?
Resort real estate is a real estate model built in resorts and tourist areas, including hillside villas, beach villas, hotel apartments, mini hotels, shophouses, etc., then resold to individuals and organizations with investment needs.
Resort real estate is built with the purpose of serving tourists, providing accommodation and commercial services... bringing interesting experiences and attractive amenities to visitors.
This real estate model offers investors two forms: leasing to a third party for business operations or operating on their own. In which, the profits from business operations will be divided according to the agreement between the parties. In our country, the form of leasing to a third party for business operations is more popular.
Benefits of investing in resort real estate
Each type of real estate has its own characteristics and core values. Resort real estate is a unique type with many outstanding advantages as follows:
Safe and sustainable investment
Vietnam is a famous country with famous scenic spots with majestic natural landscapes such as Phu Quoc Pearl Island - a place voted by the world's largest travel website TripAdvisor as one of the emerging destinations in the world in 2020. In addition, Dam Trau beach in Con Dao sea area, Ba Ria - Vung Tau province was also announced by the travel and experience review site Travel + Leisure as one of the 25 most beautiful beaches in the world by 2021.
Every year, our country's tourist destinations welcome millions of domestic and foreign visitors to visit and relax. According to the General Statistics Office, the number of international visitors to Vietnam reached 18 million, with revenue from tourists reaching VND726,000 billion in 2019 - before the Covid-19 pandemic.
With this development momentum, resort real estate continues to be a safe choice, offering high profit opportunities with a policy of committed stable profits from reputable investors. In particular, currently, the Covid-19 pandemic situation is gradually under control, activities have reopened, the government is implementing many measures to stimulate tourism. Therefore, resort real estate will certainly be the perfect choice for investors.
Project profit potential
The emergence of Covid-19 has had a negative impact on the world economy. Tourism is one of the sectors most heavily affected as countries have implemented many periods of social distancing, travel restrictions, and flight suspensions. As a result, countries have been forced to close their doors and stop welcoming tourists to limit the spread of the disease.
This has significantly affected the exploitation capacity of resort real estate. In this situation, countries are making efforts to implement vaccination to create community immunity. Therefore, Covid-19 has gradually been pushed back, and the tourism industry has gradually recovered.
With the determination of the State combined with the high demand for vacations of customers and famous tourist destinations in our country, the resort real estate market continues to be a potential investment channel bringing sustainable profits.
Leisure in business
Choosing to invest in resort real estate, investors do not have to worry about operating, managing, and maintaining their assets because the investor will proactively plan business and exploit effectively. Therefore, investors will reduce the burden, only need to receive periodic profits as committed in the agreement.
Resort real estate products
In order to meet the diverse needs of many different customer segments, resort real estate is divided into many types, specifically:
Beach Villa
Coastal villas are the most popular type today, promising to bring sustainable profit potential. Coastal villas have a harmonious, sophisticated, modern and luxurious design style, creating a peaceful, classy and fully-equipped resort space. Most of the coastal villas are located in prime locations along the romantic, pristine beaches of a resort complex.
Hill and mountain villas
This is a type of isolated ecological villa, providing absolute privacy for the owner when built on the slopes of mountains and hills with the ability to cover all the landscape from above. Hill and mountain villas are planned quite methodically, possessing a unique design but very solid and sturdy. Coming here, visitors will be able to put aside the worries and troubles of life to immerse themselves in the fresh and cool natural space.
River and lake island villas
Unlike hill and mountain villas, river and lake villas are often built in ecological urban areas, offering exclusive luxury privileges to customers. This type of product has a modern, eye-catching design style but is still in harmony with nature thanks to taking nature as the main criterion.
Stay tuned for more AHS articles!
