Nha Trang’s resort real estate is becoming a powerful investment trend among Hanoi investors. Although Nha Trang attracts fewer tourists than Da Nang, with high room occupancy rates and tremendous development potential, the Nha Trang real estate market continues to capture significant attention.
Nha Trang – A Promising Resort Market
According to the latest report from Savills Vietnam, Nha Trang leads in international tourist stay duration, with an average of 3.5 days, higher than Da Nang (2.8 days) and Phu Quoc (2.6 days). Despite the large number of hotel rooms, Nha Trang maintains the highest occupancy rate, confirming the city’s strong appeal to tourists.
Nha Trang Real Estate Facing a Supply Shortage
Although Nha Trang has over 12,000 3-5 star hotel rooms, the supply is still insufficient to meet the growing demand from tourists. By 2020, it was forecasted that the city would need around 19,200 3-5 star hotel rooms to serve the growing number of visitors, from 5 million to 7.2 million. This creates a significant opportunity for resort real estate investors.
Nha Trang’s Tourism Infrastructure Development Potential
With the expansion of Cam Ranh Airport, the number of tourists arriving in Nha Trang is expected to continue growing rapidly. This further confirms the potential for the future development of Nha Trang’s resort real estate.
The Growing Variety of Resort Real Estate Projects in Nha Trang
Nha Trang is not only known for its high-end resort villas but also leads the market with condotel projects. Prominent developments such as Swisstouches La Luna, Vinpearl Empire, and Panorama are drawing the attention of investors. Additionally, new products like Homtel Gold Coast Nha Trang are setting themselves apart with premium amenities like infinity pools, spas, and entertainment areas.
Strong Growth of Nha Trang’s Real Estate Market
Reports from Savills and CBRE show that resort real estate prices in Nha Trang have risen by 30%, from 28 million to 55 million VND per square meter since their launch. Condos ranging from 40-60m² near the main beaches continue to attract substantial investment due to their convenience and high profitability.
Hanoi Investors Flocking to Buy Nha Trang Real Estate
An interesting statistic from market research firms reveals that 80% of buyers in Nha Trang’s real estate market come from Hanoi. This demonstrates the significant attraction Nha Trang holds for investors, particularly those from the capital. Experts predict that the Nha Trang resort real estate market will continue to grow strongly this year, with new segments such as land plots in Nha Trang gaining more attention.
