Villas for sale in Da Nang
Foreigners can now buy house in Da Nang. You can choose from a wide range of villas in Da Nang for investment and living. Properties are purchased for a 50-year term, which can be extended if desired. Such properties can be rented out or resold. It's important to note that foreigners can own no more than 10% of the land within a project.
The Da Nang riverfront is being actively developed with luxury hotels, restaurants, and modern apartments. To the north, the new D-City complex is under construction, and Da Nang's beach boasts numerous hotel complexes and resorts.
The international airport is located less than 4 kilometers from the city, halfway between Ho Chi Minh City and Hanoi. Thanks to its rapidly growing economy, Da Nang, the fifth largest city in Vietnam, attracts up to 8.6 million tourists annually. The city plans to increase this number to 13–14 million by 2030. Travelers choose Da Nang for its popular attractions, vibrant nightlife, and excellent sandy beaches, including China Beach, which offers a magnificent view of the famous Marble Mountains.
The city is considered one of the cleanest and most developed places in Vietnam, attracting both locals and foreigners. If you're planning to buy villa in Da Nang, you'll be pleasantly surprised by the variety of options. You can find stylish urban townhouses, as well as beautiful seaside villas in Vietnam.
Prices for houses for sale in Da Nang are generally lower than in the capital. While a luxurious villa in Da Nang can be expensive with prices in the millions of dollars, 1- or 2-bedroom houses remain affordable and there are plenty of options near the numerous beaches.
Where is the best place to look for property? Investment potential exists in both the eastern and western parts of the city. The eastern district offers many upscale oceanfront properties. In western Da Nang, you will find a wide range of riverfront homes.
Investment house in Da Nang
Buying villas in Da Nang is a popular choice among foreign investors. This dynamically growing city is chosen for living and relaxing due to its excellent beaches and a variety of entertainment options. There are many restaurants offering local dishes and cuisines from around the world. The city is home to the Vincom shopping mall, located on the east bank of the Han River. It's a large four-story mall with a movie theater, skating rink, shops, and department stores. There are also golf courses such as Montgomerie Links and Da Nang Golf Resort, as well as numerous casinos.
If you are looking to own villas or apartments in Vietnam as an investment, Da Nang's constant flow of tourists ensures a steady income all year round.
There are other reasons why buying a home in Da Nang is an excellent choice:
- Economic growth. The Vietnamese government's financial investment in the development of tourism has led to rapid growth in the real estate sector in Da Nang and the surrounding area.
- Ideal business environment. The Asian Institute of Urban Management (AICM) has awarded Da Nang the prestigious distinction of being the most livable city in the country, and its business environment serves as a primary driving force.
- Developing infrastructure. Thanks to its central coastal location, Da Nang is a key link connecting Vietnam's cities with other countries. Da Nang is home to major national highways, the third largest international airport and Vietnam's main railway station. In addition, the creation of numerous IT parks is rapidly transforming the city into a major telecommunications hub for Vietnam.
- Rental yield. The cost of villas in Da Nang is quite attractive for those looking to invest in coastal real estate without excessive expenses.
Villas prices in Da Nang
Houses prices in Da Nang depend on several factors including location, size, amenities and year of construction. The minimum cost is between $50,000 and $60,000. For this price you can buy a small house with 1 or 2 bedrooms and an area of up to 100 sq. m. Most likely, such a house will require renovation and furniture replacement, which will add to the cost. The average price of a house in the city is $290,000. For this price, you can find a villa with an area of over 100 sq. m in "move-in ready" condition, with quality finishes and furniture.
The greatest benefit can be obtained if you buy a house in Da Nang at the construction stage. After completion, such properties tend to appreciate by 25–30%.
Buying house in Da Nang
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