The current real estate market has many different types of investments, from land, garden land to high-end types such as resort real estate mentioned above. Let's learn about this investment model through the specific article below from AHS.
What is resort real estate?
Resort real estate is a general term for all types of accommodation serving vacation rentals for tourists such as: resort villas, hotel apartments, mini hotels, condotels, townhouses, bungalows. ….
All these types of accommodation are built in tourist and resort areas. In fact, resort real estate is a form of business that is not owned by the investor. Investors build resorts and resell them to individuals or organizations.
Resort real estate investment opportunity
Resort real estate is growing rapidly and immersed in the context of tourism development - the key economic sector of our country, resort real estate is considered a potential product.
According to data in the third quarter of 2019, the number of international visitors to Vietnam reached 12.9 million visitors. According to this development momentum, resort real estate may not be able to meet customer needs in time. Therefore, this is a real estate investment opportunity for many investors who want to make long-term profits.
Demand for resorts is increasing
As society develops in parallel, people's needs for relaxation and entertainment have become more diverse and demanding. Experiential tourism, resort tourism or medical tourism also bring a rich source of customers for this type of resort real estate. With this need for enjoyment, resort real estate becomes a "fertile" land that many investors aim for.
Types of resort real estate
Beach villa
Among the types of resort real estate, beach villas are considered the most typical and high-class type. Possessing a prime location within coastal resort projects with luxurious and modern design, this type possesses great profit potential with high liquidity combined with other business models such as AirBnB, rental..., bring huge income every year to investors.
Besides, beach villas are also expensive assets, perfectly meeting the needs of health care and resort tourism, while increasing property value and demonstrating the class of the upper class. Nowadays, beach villas are not only for relaxation but also contribute to the health care of the owner by owning a system of green landscapes, trees and a comprehensive chain of amenities.
Lake and riverside villas
Planned and built around mountain and lake locations with beautiful, spiritual and feng shui landscapes that bring positive health and luck to the project owner and guests.
Design in style: Retain the surrounding landscape to the maximum, design in a style that embraces the beauty of charming mountains and water, like a mountain facing a lake.
Location: located in locations with specific spaces, favored by mother nature, in Vietnam usually in the northern midland mountainous regions such as Tuyen Quang, Ha Giang, Thai Nguyen, Quang Ninh...
Hill and mountain villas
This type of vacation real estate is built in eco-tourism areas characterized by endless forests and mountains. There are natural landscapes of trees around, the owner can enjoy the green space of the mountains and forests combined with the unique architecture of the house. This type of resort real estate is often located on hillsides and mountains with sweeping views and extremely fresh air.
Condotel hotel apartment
Condotel is the perfect resort real estate combining "Condo" and "Hotel", meaning apartment and hotel. Condotel brings full amenities of an apartment such as kitchen, dining room, living room, bedroom, toilet... as well as providing a wonderful experience of a resort hotel.
Most condotels are built in big cities or tourist areas and resorts. For Condotel hotel apartments, the owner has full rights of use and can be used for vacation or rental, but the Condotel needs to be assigned to the management and operating unit to carry out rentals and sharing for tourists. profit.
Minihotel
It is also a type of hotel but has a lower scale and quality. Usually there are mini hotels with average prices serving mid-range customers. There are still services here such as swimming pools, restaurants... but the quality is not high.
Things to note when investing in resort real estate
Planning location
The location of construction and development of resort real estate projects often has a complete transportation system to create conditions for tourists to easily move around, thereby achieving optimal business efficiency. In Vietnam, most resort projects are planned in coastal areas and central locations.
Besides, in the near future, resort real estate will gradually expand to mountainous and hilly locations because tourists' vacation trends are changing. Currently, tourists are tending to go to places with green natural spaces to enjoy the authentic taste of life, without the hustle and bustle.
In fact, real estate projects in general and resort real estate in particular with beautiful locations and convenient transportation attract a large number of tourists to visit and relax.
Legal issue
Legality is an important issue, affecting investors' decisions to invest in resort real estate. Currently, real estate projects still have many shortcomings due to the incomplete legality of red books.
This significantly affects the management and operation of the project, causing difficulties in the process of carrying out local procedures. Therefore, investors should carefully study information about the legality and transparency of resort real estate projects.
