Asia investors looking for new opportunities should set their sights on Vietnam, a promising, exciting country. The price of real estate has been climbing at a rapid pace as a reaction to two key stimulants; the housing downturn of 2009 to 2013 created a situation from which the country is now recovering, and the Housing Law and the Law on Real Estate Business have allowed foreigners and Vietnamese expats to legally own, transfer and sell real properties.
For investors looking forreal estate in a five-star hotel, Vietnam has many options to choose from. One such investment opportunity is with Amanoi Luxury Resort, located near the Vinh Hy Bay in Ninh Thuan Province along the southeastern coast. This high-end hotel offers villas to the savvy investor who is also interested in an exceptionally peaceful setting. Nestled within the incredible coastline of Nui Chua National Park with spectacular views of the Vinh Hy Bay, each villa offers much of what the hotel experience provides, but with the added benefit of being an investment.
Villa owners have access to the private beach, the spa, and the other incredible facilities offered by the resort.
Other types of investments are also flourishing in the newly liberalized real estate investment environment. During the third quarter of 2016, the total sales of all homes and apartments expanded by almost 50 percent above the year’s second quarter. The year to year growth came to 193 percent for the same quarter the previous year. About 71 percent of the transactions contributing to this boom were for townhouses.
Considering a real estate investment in Asia? Taking a good look at the Vietnam option should be at the top of the list.