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.
Concept of resort real estate
Along with the development of resort tourism, resort real estate has also been introduced and developed strongly in our country in recent years. So what is resort real estate? Resort real estate is real estate including resort villas, hotel apartments (Condotel), shophouses, mini hotels, ... built inside resorts and sold to investors.
Resort real estate for secondary investors to cooperate with investors to make profit. Investors have 2 options: to do business themselves or to lease the business to the investor, then enjoy the profit during the business process. In which, Vietnamese investors often choose option 2, cooperating with large investors.
Resort real estate investment opportunity
Resort real estate growing rapidly
In the context of tourism development - the spearhead economic sector of our country, resort real estate is considered a potential product. According to the data of the third quarter of 2019, the number of international visitors to Vietnam reached 12.9 million. With this development momentum, resort real estate may not be able to meet the needs of customers. Therefore, this is a real estate investment opportunity for many investors who want to earn 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.
Beach villa
Beach villas are often designed to be extremely modern and luxurious, located on pristine and beautiful beaches. With the habit of going to the beach, this is a type of resort real estate with potential for tourism development and high profit opportunities.
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.
Popular types of resort real estate
Hillside Villa
Planned and built on a hill, surrounded by mountains and hills. Hillside villas are designed to take advantage of the wide and green space of nature as a highlight. Located in the middle or on the edge of the hills, or can also be built on the hillside with a view of the surrounding sea.
Condotel hotel apartment
Condotel is a perfect resort real estate when combining “Condo” and “Hotel” which means apartment and hotel. Condotel has all the amenities of an apartment such as kitchen, dining room, living room, bedroom, toilet… as well as bringing the 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.
Mini Hotel
Mini Hotel is a miniature hotel model, planned in high-end resorts, providing customers with the opportunity to experience many unique and modern amenities. This product operates based on the heat of resort real estate projects.
With outstanding advantages, minihotel is a choice worth considering when deciding to invest in resort real estate because this is a potential and leisurely investment channel for investors when they only need to invest capital and manage operations or authorize another unit to operate.
