Villas for sale in Vietnam
In addition to comfortable apartments, it is now possible to buy villa in Vietnam. This is available to any foreigner arriving on a tourist visa without the need for any special documents or permits. Before 2015, the law only allowed certain categories of foreign citizens, such as those who have made a significant contribution to the country's development, to purchase property in the country, but now anyone can become the owner of a local house or apartment. Property in Vietnam is acquired in the form of a leasehold with a term of 50 years and an option to extend for a similar period.
Houses for sale in Vietnam are divided into several categories:
- Garden Villas. Typically situated in the center of landscaped gardens, these properties are built on large plots of land, usually in quiet areas or on the outskirts of the city.
- Detached Villas. All four walls of these homes face the natural greenery that surrounds the villa. They are built in the center of large plots of land, and despite their simple architecture, they look elegant and sophisticated.
- Adjoining Villas. These properties are built next to each other with similar architecture and floor plans. They usually have 2–4 stories and only two open sides, with the other two walls attached to neighboring villas. They are common in modern urban areas and megacities.
- Villa Townhouses. Despite their compact size, they offer comfortable living and meet all the owners' needs in terms of amenities. They often lack landscaped gardens and zones, but still have private areas. Also worth mentioning are the mini villas, which range in size from 70 to 100 sq. m.
Standard features in typical homes include a small lobby, living rooms with dining and kitchen areas, master and additional bedrooms. Villas can be located in gated communities with full infrastructure including pools, gyms, spas, supermarkets, cafes and restaurants.
Investment house in Vietnam
Despite the relatively high prices for villas in Vietnam for investment and living, starting from several hundred thousand dollars and above, there is still significant demand for them. It is predicted that the supply of low-rise houses will continue to decrease for at least 3 years, creating excitement in the market.
The selling price of such properties has increased by about 30% in the past year. Currently, the price growth is stable and shows no signs of slowing down. When buying villas in Vietnam, an investor can always resell it and make a profit. It's also important to note that Vietnam's metropolitan areas, such as Ho Chi Minh City and the capital, Hanoi, are popular with professionals and families who move to these cities for permanent residency. Coastal locations and provinces, including Nha Trang, are also popular destinations for tourists. For example, Mui Ne in Phan Thiet in the southern part of the country is considered one of the best surfing and beach destinations. Property in this area can be rented for short or long term and foreign owners have all the rights to do so. The cost of renting an elite villa, for example, starts at around 70 million Vietnamese Dong, or about $2,870 per month.
Villas prices in Vietnam
Houses prices in Vietnam depend on various factors such as the area, number of rooms and location. For example, on the secondary market, a luxurious 179-square-meter, four-bedroom, fully furnished house can be purchased for $1 million. The Solasta Mansion complex under construction in the Duong Noi urban area of Hanoi offers houses of various sizes. The cost of villas in Vietnam in this residential complex starts at $1.25 million. For this amount you can buy a 170 square meter villa with five bedrooms and four bathrooms. The house comes with finishes but no furniture.
In the capital, there are residential complexes such as The Manor Central Park on Nguyen Xien Street, Xanh Villas (with an average price of $1.1 million), Athena Fulland, Vinhomes Riverside in Long Bien district, and Gamuda Gardens. These developments are in the luxury segment, with the average villa price starting at $1 million.
The Vinhomes Grand Park project in Ho Chi Minh City's District 9 offers two-bedroom homes with a total area of 150 sq. m, selling for $740,000. More spacious options, such as those with sizes of 293 sq. m and 302 sq. m, cost $1.2 million and $1.5 million, respectively.
Of course, it's possible to find more modest smaller homes. In the capital city of Hanoi, for example, the average cost of a house in 2023 will be around $100,000. The average price per square meter is about $6,000.
Profitable to buy house in Vietnam
We recommend you explore the current listings of villas and apartments in Vietnam from trusted developers and agencies on our real estate aggregator website. You can use filters to sort listings and select options that match your criteria. Now is the ideal time to buy a house in Vietnam for both investment and residential purposes. The country's economy is growing rapidly, new roads and airports are being developed, and the tourism sector is expanding rapidly. Don't delay your purchase and start looking for your perfect home today!