Invest in Danang Real Estate as a Foreigner

Download PDF

I. Unlocking the Potential of Danang

1. 1. Current Market Status

2. 

Danang’s real estate market is witnessing a revival, primarily driven by a surge in demand for apartments. Apartment Supply estimated at 2023-300 units, Grade A and luxury apartments to increase.

Resort Real Estate: The resort segment relies on existing projects. Transactions focus on projects managed by international units with 4-5 star ratings. Condotel listings show a price decrease, fostering opportunities for buyers.

Land Segment: Expect a slight increase in supply; primary price stability is anticipated. Overall market demand recovers positively with a consumption-to-supply ratio of 57%.

1. 2. Strategic Investment Hub

2.  
3. Da Nang presents a dynamic real estate market with a strong economic foundation, tourism appeal, and ongoing infrastructure developments:
4.  

• Economic Growth: Danang is a key economic driver in Vietnam, experiencing rapid growth and attracting diverse industries.
• Tourism Boom: As a popular tourist destination, Danang’s real estate market benefits from a steady influx of visitors, ensuring high rental yields.
• Infrastructure Development: Ongoing infrastructure projects, such as the expansion of the international airport and improved transport networks, contribute to increased property values.
• Strategic Location: Situated along the central coast, Danang enjoys a strategic location with easy access to major cities and tourist attractions.
• Pro-Business Environment: Vietnam’s pro-business policies make it easier for foreign investors to navigate the real estate market and secure lucrative opportunities.
• Cultural Richness: The city’s rich cultural heritage, combined with its modern amenities, appeals to both residents and tourists, enhancing the long-term value of real estate investments.

II. Top Real Estate Listings for Foreigners

1. 1. Son Tra Ocean View

Price Range: USD 70K – 130K

Size: 49.5 to 96.3 sqm (1-2 Bedroom)

Price per Square Meter (sqm): USD ~1,210

Type of Use: Residential Apartment

Investment Highlights: Nestled near the beach and Son Tra Peninsula, these 1, 2, and 3-bedroom units promise affordability and modern living. Ideal for families and investors seeking rental returns, this project boasts amenities like a rooftop pool and gym, making it a wise investment choice in Da Nang.

1. 2. FPT Plaza Danang

2. 

Price Range: 80K – 90K

Size: 68 – 75 sqm (2 Bedroom)

Price per Square Meter (sqm): USD ~1,120

Type of Use: Residential Apartment

Investment Highlights: Just 10 minutes from the airport and city center, it boasts 2 and 3-bedroom apartments, promising the best value for both Vietnamese and foreign buyers. The Shophouse podium, common spaces, and basic furniture package enhance the appeal of these units, ensuring a comfortable and affordable lifestyle.

1. 3. Blooming Tower Da Nang

2. 

Price Range: USD 150K – 1 Mil

Size: 112 to 432 sqm (2-5 Bedroom)

Price per Square Meter (sqm): USD ~1,400 – 2,300

Type of Use: Residential Apartment

Investment Highlights: With 1, 2, 3, up to 5-bedroom apartments featuring spacious areas and breathtaking views, a mere 10-minute drive to Nguyen Tat Thanh Beach. Enjoy the cool sea breeze, top-notch facilities, and advanced security.

1. 4. Altara Suites Da Nang

2. 

Price Range: USD 150K – 225K

Size: 58 to 100 sqm (1-2 Bedroom)

Price per Square Meter (sqm): USD ~2,200 – 2,500

Type of Use: Residential Apartment

Investment Highlights: Experience affordable luxury just 150 meters from My Khe Beach in Da Nang! Our beachfront apartments offer stunning views, a rooftop pool, and Sheraton Four Points amenities. Foreign-owned and available for purchase, it’s an investment in comfort and style.

1. 5. Azura Da Nang

2. 

Price Range: USD 150K – 350K

Size: 66 to 136 sqm (1-2 Bedroom)

Price per Square Meter (sqm): USD ~2,200 – 2,500

Type of Use: Residential Apartment

Investment Highlights: Nestled by the Han River, Azura offers easy access to CBD, airport, schools, and hospitals. Azura remains the sought-after rental hub for expats. Developed by VinaCapital Vietnam & Nordica Properties, it’s not just a residence; it’s a lifestyle.

1. 6. Ocean Suites Da Nang

Price Range: USD 170K – 220K

Size: 67 to 100 sqm (1-2 Bedroom)

Price per Square Meter (sqm): USD ~2,200 – 2,500

Type of Use: Residential Apartment

Investment Highlights: Enjoy modern amenities, a beach-inspired design, and panoramic views of the ocean and Cham Islands. Benefit from an ongoing rental program, making it an enticing investment with excellent growth potential.

1. 7. Hyatt Regency Da Nang

Price Range: USD 225K – 530K

Size: 75 to 127 sqm (1-3 Bedroom)

Price per Square Meter (sqm): USD ~3,600 – 4,100

Type of Use: Residential Apartment

Investment Highlights: Indulge in luxury living at Hyatt Regency Danang Residences, a beachfront haven on Forbes’ top ten stunning beaches. Elevate your lifestyle in an exquisite apartment that seamlessly integrates with nature.

1.  

2. 8. Wyndham Soleil Da Nang

3. 

Price Range: USD 146k – 1,1 Mil

Size: 37 to 145 sqm (Studio – 3 Bedroom)

Price per Square Meter (sqm): USD ~6,300 – 6,800

Type of Use: Condotel

Investment Highlights: Beachfront living at its finest with a prime location and upscale amenities, Wyndham Soleil Danang offers condos with stunning sea views. Invest now in Tower A1 for residential bliss or explore Tower D1 for exclusive rental opportunities.

III. Upcoming Projects

1. 1. Wyndham Hoian Resort

2. 

Price Range: USD 86K – 360K

Size: 36 – 105 sqm (Studio – 3 Bedroom)

Price per Square Meter (sqm): USD ~1,600 – 2,600

Type of Use: Condotel

Investment Highlights: Invest in ocean-view condos with prime locations and world-class amenities. Exclusive discounts and rental opportunities are available. Best value for foreign buyers!

1.  
2. 2. Landmark Tower Danang
3. 

Price Range: USD 224K – 1.5 million

Size: 61 to 250 sqm (2-3 Bedroom)

Price per Square Meter (sqm): USD ~5,100-6000

Type of Use: Residential Apartment

Investment Highlights: Enjoy stunning views, world-class amenities, and flexible payment options. Invest confidently with a project managed to Japanese standards. Your dream home awaits at Landmark Tower Da Nang.

1.  

2. 3. The Filmore Danang

3. 

Price Range: USD 225K – 1.1Mil

Size: 50 to 152 sqm (1 – 3 Bedroom)

Price per Square Meter (sqm): USD ~5000-6500

Type of Use: Residential Apartment

Investment Highlights: A prime complex nestled between the Dragon and Tran Thi Ly Bridges. Offering high-class apartments and commercial spaces on the scenic Bach Dang Street.

IV. Top Villas for sale for Foreigners in Danang

1.  

2. 1. Wyndham Hoian Resort

3. 

Price Range: USD 1.34 – 2.1 Mil

Land Size: 294 – 331 sqm

Villa Size: 262 sqm (3 Bedroom)

Price per Square Meter (sqm): USD ~6,400

Type of Use: Holiday resort villa

Investment Highlights: Exclusive ocean-view villas with private pools, offer a rare investment opportunity. Benefit from the trusted management of Hoi An Royal Group and Wyndham Hotels & Resorts. Seize the chance for 40% net profit, self-use privileges, and an extraordinary lifestyle!

1.  

2. 2. The Ocean Villas Danang

Price Range: ~ USD 1.2 Mil

Land Size: 530 – 600 sqm

Villa Size: 350 sqm (3 – 4 Bedroom)

Price per Square Meter (sqm): USD ~2,000 – 2,300

Type of Use: Residential

Investment Highlights: Experience the epitome of seaside living with a Greg Norman-designed golf course and exclusive amenities. Partnering with VinaCapital ensures a secure investment, offering an enticing rental program for up to 90 days of personal use. Seize this opportunity for a blissful blend of serenity and investment returns.

1.  

2. 3. Fusion Resort & Villas Danang

Price Range: 775K – 4.1 Mil

Land Size: 535 – 923 sqm

Villa Size: 210 – 731 sqm (1 – 5 Bedroom)

Price per Square Meter (sqm): USD ~3,900 – 4,400

Type of Use: Holiday resort villa

Investment Highlights: Indulge in luxury with stunning ocean views, private pools, ideal location near UNESCO sites, airports, and vibrant attractions. Villa ownership unlocks access to resort facilities and a lucrative rental program.