Resort real estate had its first projects in Vietnam in 2015 and began to develop & boom in 2016, 2017 & continued to grow in 2018, 2019 thanks to the diverse development of tourism.
However, few customers understand the type of resort real estate & the investment opportunities and challenges of this type of real estate. This article helps investors have a comprehensive view of Vietnam's resort real estate.
What is resort real estate?
Resort real estate is real estate such as: villas, hotel rooms, condotel apartments, minihotels, shops, townhouses, even huts, or other forms... built in tourist and resort areas and then resold to individuals, organizations and investors for lease to operate business.
There are 2 options for investors: self-employment or the investor leases back to operate the business and then shares the profits from that business (this type is common in Vietnam). Resort real estate is both for vacation and profitable business: this is considered your second home.
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. 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 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 potential
According to the Vietnam Real Estate Association: Vietnam's resort real estate market in the first half of 2019 has seen strong development, focusing on big cities such as Nha Trang, Da Nang, Phu Quoc, ...
These are locations with great tourism advantages in Vietnam and Asia, so analysts predict that the resort real estate investment sector here will develop even more strongly to serve market demand and bring more profits to investors.
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.
With the above factors, hopefully you have seen the benefits of investing in resort real estate and made the right decision in your investment process. If you need any more information, please contact AHS immediately for advice.
