Identifying the real estate potential of Cam Ranh Bay in 2025

As investment capital tends to seek out real estate along the bay near the international airport, Cam Ranh has become one of the clear beneficiaries. The sheltered bay, large coastal land fund and completed transport infrastructure help this place attract capital from the beginning of 2025.

Notably, this trend creates the foundation for urban models associated with airports to develop, including the emergence of large-scale metropolises such as CaraWorld Cam Ranh, located at a location considered the diamond crossroads of Asia.

Location and natural advantages of Cam Ranh Bay

Cam Ranh Bay is considered one of the natural bays with good depth and wind protection in Vietnam. The arc-shaped terrain and high wave calmness help the area to exploit tourism almost all year round. Stable sunshine and low impact from storms help maintain accommodation and resort activities in long cycles, which many other coastal destinations find difficult to achieve.

Cam Ranh Bay has natural depth, is sheltered from the wind and is calm, creating ideal conditions for tourism and resort exploitation almost all year round.

Connecting infrastructure plays a key role in the development speed of Cam Ranh. Cam Ranh International Airport with 4E standard and direct flight system to Northeast Asia and Southeast Asia helps the region maintain a stable flow of international visitors. The network of seaports, marinas and inter-regional highways is continuing to expand, creating conditions for urban space and tourism to develop in depth.

In this context, CaraWorld's location adjacent to the airport is considered remarkable. The project is located on the axis connecting three major tourism and economic centers of Asia, creating advantages in accessibility and distribution of tourist flows. This is also a suitable condition to form a tourist urban area with an Airport City structure, in which the airport is the driving force to promote services, accommodation and commerce.

Real estate space and the role of the Airport City model

The real estate market along Cam Ranh Bay is still considered to have a lot of room for development. The selling price is significantly lower than that of previously developed coastal localities, creating opportunities for investors who want to participate early at a reasonable cost. The ability to increase prices and exploit rentals is positively evaluated by many research units, especially for products with a view of the bay or located in the tourism service planning area.

CaraWorld is the first coastal metropolis in Vietnam located adjacent to an international airport and port.

Experience from prominent bay cities around the world shows that bayfront real estate often has a higher than average valuation thanks to its wide view and stable living environment. According to Knight Frank, bayfront real estate in Vancouver or Sydney has an average selling price of 30-45% higher than the inner city area, but still records high occupancy rates and stable rental yields. This explains why bayfront real estate is always considered a safe asset for both real buyers and long-term investors.

With the advantage of the bay and the international airport, Cam Ranh has the conditions to develop the Airport City urban model. This model has created a breakthrough for many tourist destinations in the Asian region, where aviation infrastructure plays a central role in leading the service and accommodation industries. CaraWorld appears in that context as a suitable choice for the airport urban development strategy, when located right at the golden intersection of the aviation and tourism network in the region.

Capital flows and market interest in 2025

Transaction data in Khanh Hoa shows a remarkable growth rate. In 2024, the whole province recorded about 27,269 transactions with a total value of nearly 46,700 billion VND, an increase of about 3.7 times compared to 2023. Cam Ranh alone welcomed more than 12.8 million visitors in the first 8 months of 2025, reaching more than 81% of the yearly plan. This development shows a good foundation for the resort market and real estate models for rental exploitation.

In the area near Cam Ranh airport, the resort real estate products announced recently recorded an estimated exploitation rate of 8-10%/year when operated effectively. The large coastal land fund, pristine natural landscape and clear infrastructure connections are factors that strengthen the competitive advantage of the area.

Pearl Route – a strategic connection from CaraWorld to Cam Ranh International Airport, takes less than 5 minutes to travel.

In addition, the increasingly limited land supply in the center of Nha Trang has caused investors to move down to Cam Ranh. This is considered a new growth area for real estate in the Central coastal bay, especially when large-scale projects such as CaraWorld add more momentum in services, accommodation and entertainment to the market. The location at the intersection connecting tourist routes in the Asian region helps CaraWorld to be assessed as having the potential to benefit from the trend of shifting international tourist flows.

Many experts believe that Cam Ranh will maintain its attractiveness in 2025 when infrastructure continues to be completed and key projects come into operation. The combination of advantages of the bay, international airport and open development space creates expectations for a new growth cycle in the area, especially in the resort real estate segment and urban areas associated with the airport.

HP

Source: https://baokhanhhoa.vn/kinh-te/thong-tin-doanh-nghiep/202511/nhan-dien-tiem-nang-bat-dong-san-vinh-bien-cam-ranh-trong-nam-2025-aa34aab/