Nha Trang resort real estate attracts investors

Nha Trang Resort Real Estate Attracts Investors With Stable And Sustainable Growth

As one of the key tourist cities of the country, Nha Trang has always been considered a sustainable market with steady real estate growth potential every year. If in 2016, coastal resort apartments in this city fluctuated from 28 to 55 million VND/m2, then in the period of 2017-2018, this number increased significantly, from 50 to 80 million VND/m2. Even in 2021, the impact of the Covid epidemic did not interrupt this growth rate, when the actual price of resort apartments still recorded a slight growth of 60-80 million VND/m2. Or most recently, in the period of 2022-2023, in the context of general difficulties of the economy and real estate market, Nha Trang real estate prices remained stable and did not experience a wave of deep losses like other markets such as Phu Quoc and Ha Long. In the new year 2024, Nha Trang real estate market is expected to recover quickly and maintain sustainable growth through many positive signs. Specifically, Nha Trang tourism in 2023 has achieved many remarkable results. By the end of September 2023, the total number of visitors staying in Nha Trang reached 5.7 million, an increase of 173.1% over the same period. Of which, international visitors reached more than 1.45 million, nearly 10 times higher than the same period. The fact that major airlines promote direct flights from Korea (Air Seoul, Vietjet Air, Eastar Jet), Russia ( Vietnam Airlines ), China (China Southern Airlines, HK Express) to Khanh Hoa also contributes to the advantage of Nha Trang real estate in the coming time.

Nha Trang real estate shows signs of recovery, land prices in some places have "jumped" compared to the first months of the year

According to Mr. Nguyen Van Dinh, Vice President of Vietnam Real Estate Association, Nha Trang is striving to become a leading tourist destination as its growth rate has surpassed Phu Quoc and Da Nang, and this is opening up development potential in a new cycle for real estate in this place.

According to the Khanh Hoa Department of Construction, with the policies being removed, along with the drastic direction of the Provincial People's Committee in the coming time, it will be a positive signal for the real estate market in 2024. Most recently, information about the Nha Trang - Lien Khuong expressway with an investment of more than 24,000 billion VND and the Khanh Hoa - Buon Ma Thuot expressway with an investment of nearly 22,000 billion VND is also a "lever" to help the Khanh Hoa real estate market in general and Nha Trang in particular become vibrant again.

Meliá Nha Trang – A Guarantee of Reputation for Investors

Entering a new development phase, Nha Trang prioritizes bringing unique, novel, attractive and quality experiences to help the coastal city "upgrade" on the world tourism map. In line with this orientation, quality complex resort real estate projects, typically Vega City Nha Trang, have become a choice sought after by many sophisticated investors. Among them, the high-end hotel brand Meliá Nha Trang under Vega City Nha Trang still has regular transactions even when the market situation is gloomy. The attractiveness of Meliá Nha Trang is due to the combination of factors such as: prime location, position and reputation of investor KDI Holdings and international partners, along with hundreds of international-class amenities.

brother-2(1).jpg — Meliá Nha Trang inherits the system of hundreds of classy utilities of Vega City Nha Trang

Located right at the most beautiful beachfront location in North Nha Trang today, with its back leaning against Co Tien Mountain, Meliá Nha Trang offers a breathtaking view amidst the immense and majestic natural beauty. In addition, managed and operated by the Top 3 global management and operation brand Meliá Hotels International, Meliá Nha Trang also benefits greatly from the prestigious business exploitation source of this group. Meliá Hotels International is always in the top of the world's leading brands with effective business operations when owning a loyal customer base and international-class service quality. It is known that even in the difficult economic context, in the second quarter of 2023, the net profit of the Meliá Hotels International hotel chain still reached 46.2 million euros (equivalent to 50.9 million USD), a sharp increase compared to the 3.7 million euros recorded in the same period last year.

For more information please contact:

Hotline: 091 878 3966

Website: vegacity.vn

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