Villas for sale in Binh Duong
House in Binh Duong is available for purchase by foreign investors. In 2014, Vietnam relaxed previously existing restrictions, allowing citizens of any country to buy villas in Binh Duong for investment and living. Ownership is granted through long-term leases of up to 50 years, which can be extended. Investors have the freedom to use the property as they see fit, with no restrictions on use. Owners can choose to live in the house, rent it out or sell it.
Binh Duong is considered the gateway to Ho Chi Minh City and is an economic and cultural center of the country. It is only 15 km from Tan Son Nhat International Airport and major ports. Major highways, including QL13, QL14, the HCMC route and the Trans-Asia Highway, pass through the city. These advantages create favorable conditions for socio-economic development and investment in the region.
The region experiences a tropical monsoon climate divided into two distinct dry and wet seasons. The dry season lasts from November to April. The average annual temperature is 26–27 °C, with the highest reaching 39°C and the lowest 16–17 °C. Hurricanes are rare in the area.
Binh Duong is more attractive to expatriates moving to Vietnam to live and work than to tourists. However, there are some interesting cultural events that attract travelers to the province. For example, the Lady Thien Hau Pagoda Festival is held annually on the 15th day of the first lunar month. People also come here to experience authentic Vietnam. The province is known for its handicraft villages, where activities such as ceramics, pottery, shoemaking, and wood carving are practiced.
The local entertainment infrastructure offers more than 40 leisure activities. Water sports for children, sports facilities for adults and an abundance of fresh seafood ensure a pleasant stay. The 12.5-hectare zoo has over 100 species of mammals, birds, reptiles and ornamental fish.
If you want to buy villa in Binh Duong, the best options are in the areas of Thu Dau Mot, Di An, Thuan An and Ben Cat. While there may not be as many choices as in Vietnam's major cities, you can find several under-construction developments of townhouses that offer a high standard of living.
Investment house in Binh Duong
Investing in houses for sale in Binh Duong can be potentially lucrative. If you are planning to purchase villas or apartments in Vietnam, this city is a good option. Here are some reasons why buying a villa in Binh Duong is a smart choice:
- Real estate costs: Real estate prices here are significantly lower than in Ho Chi Minh City or Hanoi. However, the quality of construction is relatively high, with finished houses with excellent finishes and under-construction houses in modern European-style developments.
- Proximity to Ho Chi Minh City: This is convenient for those who do business in the metropolis but prefer a quieter and more peaceful place to live. Ho Chi Minh City can be too hectic, while the adjacent smaller town offers a more tranquil environment.
- Infrastructure: A well-developed road network and proximity to the airport play a major role in the province's popularity.
- Rental Yields: The cost of villas in Binh Duong is attractive for those looking to invest in real estate without excessive expenses. The average return on investment for residential property here is 4% annually.
Villas prices in Binh Duong
Houses prices in Binh Duong depend on several factors, including location, size, and the presence of quality finishes and furniture. The minimum cost is $47,000, which will get you a 60–70 m² house with 2 bedrooms. For $70,000, you can find a larger house with an area of 90–100 m².
Buying villas in Binh Duong during the construction phase can yield the highest profits. After completion, the property will appreciate by 25–30%. There are several under construction complexes of villas in Vietnam where you can invest with a relatively small amount, starting from $100,000.
Buying house in Binh Duong
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