Off-plan developments in Vietnam

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New off-plan projects in Vietnam

Now is an opportune time to buy off-plan property in Vietnam prices from developer. The country's real estate market and economy are growing dynamically, with the government investing heavily in road infrastructure development. Buying apartments during the construction phase allows for lower costs compared to finished homes, even for luxury properties.

Since July 2015, buying property in Vietnam has become easier for foreigners, as the government has decided to allow free sales. Previously, property purchase was restricted to those who had been in the country for at least a year. Now, any tourist can buy property in Vietnam, rent it out, or pass it on to heirs.

It's important to note that non-residents are not allowed to purchase more than 30% of the units in a single condominium. In addition, ownership is based on a 50-year leasehold. In order to rent out the property, the approval of the People's Committee Housing Management is required. It's worth noting that these requirements do not apply to spouses of Vietnamese citizens. However, taxation of rental income is mandatory for everyone.

To buy villas or apartments in Vietnam, you need a passport with an entry stamp. If you use a mortgage, the requirements and rights regarding the necessary documents are the same as for Vietnamese citizens. Those who purchase property in the country also enjoy the benefit of visa-free entry.

Due to its central location and the active development of the business sector, the capital city of Hanoi is attracting more and more investors. Today, you can buy off-plan property in Vietnam such as Vinhomes Smart City, BID Residence residential towers, or Van Phu Invest's Terra An Hung apartment complex. Each property offers access to additional amenities such as swimming pools, gyms, playgrounds, yoga studios and more.

There are also several interesting projects in Ho Chi Minh City. For example, Vinhomes Grand Park offers comfortable studios, apartments, and high-end penthouses. The starting properties in Vietnam prices from developers start at $3,000 per sq. m.

In Nha Trang, the most popular tourist province, new residential complexes are being actively launched. Some of them represent smart "cities within cities."

Investment off-plan properties in Vietnam from developer

Investing in the early stages of development projects allows for more cost-effective property acquisition compared to finished properties. Real estate prices in off-plan residential projects in Vietnam are typically 20–30% lower than after the complex is completed. Developers often offer special terms and discounts to attract investors planning to buy villas in Vietnam and provide financial assistance in the early stages of the project. In addition, foreign buyers can obtain mortgages from local banks, typically covering up to 80% of the cost of the property. Investing in off-plan properties offers the opportunity to make significant profits upon completion of the project. The property can be successfully resold or rented out. In addition, purchasing property during the construction phase allows investors to choose the most suitable layout and finishes according to individual preferences. Developers usually offer various interior design and furnishing options.

Off-plan property for sale in residential in Vietnam

If you're looking for a suitable property, our aggregator website offers an easy and convenient solution. You can use the catalog to find off-plan property for sale in Vietnam by applying various filters, such as sorting listings by price, location, and other parameters. All properties have been verified and the listed prices are current. We wish you a successful property search!