Investing in Vietnam Office Space & Buildings: Foreign Buyer’s Guide

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Investing in commercial real estate can be challenging and require much due diligence, especially in a developing country like Vietnam.

As office space or complete buildings can fetch tens of millions of US dollars in cities like Ho Chi Minh, learning about local regulations and how the market behaves should be your main priority at a start.

This typically requires that you work with an experienced local partner. In this article, we review how you can invest in office space and buildings in Vietnam.

Topics covered:

  • Can foreigners buy office space in Vietnam?
  • Setting Up a Real Estate Trading Company
  • Vietnam’s Office Market
  • Interesting Cities to Invest in Office Space
  • How can I find office space for sale?

Can foreigners buy office space in Vietnam?

Vietnam has comparably strict foreign property ownership regulations by Asian standards and we can generally only get hold of condominium units (strata-titled property). Continue reading Investing in Vietnam Office Space & Buildings: Foreign Buyer’s Guide

Buying Property in Da Nang: A Complete Guide

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Vietnam?
Click here to get in touch with an experienced agent

Da Nang is one of the biggest cities in Vietnam and attracts many local and foreign property investors.

Personally, I believe that Da Nang will become one of the most interesting economies in Vietnam, thanks to its pleasant location along the shoreline and functioning economy.

The city is leading the industrialization of the central parts of Vietnam and welcomes millions of tourists each year.

If you plan to buy property in Da Nang, it’s important that you learn the basics about foreign ownership regulations, where you should buy property, and more.

Topics covered:

  • Is Da Nang a good place to invest?
  • Da Nang’s proximity to other popular cities
  • Where should I buy property in Da Nang?
  • Buying Villas in Da Nang
  • Da Nang Real Estate Listings
  • Da Nang Condo Prices

Is Da Nang a good place to invest?

With a bit more than 1.2 million people, Da Nang is the fifth-largest city in Vietnam and one of the most developed cities in Vietnam. Serving as a demilitarized zone just a few decades back, you can now get access to public WiFi all over the city center. Continue reading Buying Property in Da Nang: A Complete Guide

Investing in Vietnam REITs: A Complete Guide

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Even if Vietnam has emerged as one of the most interesting countries for real estate investments, the buying process can be tedious and complex.

In 2019, projects were put on hold for almost a year and foreigners decided to pull out, being refunded their deposits.

Also, did you know for example that foreigners sometimes pay higher prices than locals, due to the quota of 30% imposed on foreign ownership?

Naturally, if you pay a higher price than a local, you’ll generally suffer from a lower yield and capital gain. That’s simple logic. Fortunately, there’s another way of investing in Vietnam’s real estate market, namely through so-called Real Estate Investment Trusts (REITs).

In this article, we review the REITs available in Vietnam, and if there are any foreign REITs with Vietnam real estate under their portfolio.

Topics covered in this article:

  • Can foreigners buy REITs in Vietnam?
  • How can I invest in REITs in Vietnam?
  • What is REIF?
  • What are the benefits of buying REITs in Vietnam?
  • REITs Available in Vietnam
  • Are there any foreign REITs that own Vietnam real estate?

Continue reading Investing in Vietnam REITs: A Complete Guide

How to Buy Land in Vietnam: Foreign Buyer’s Guide

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Vietnam has become a new hot-spot for multinationals to set up manufacturing operations and to diversify production from mainland China. The country sees some of the strongest economic growths in Asia along with a young workforce, growing middle class, and strong urbanization.

Buying real estate in Vietnam can be a bit tricky though, especially when it comes to land acquisitions. This is common in most other Southeast Asian countries where states have imposed restrictions on foreign ownership rights.

As the interest in land purchases grows in Vietnam, I decided to write this article where you learn the basics of ownership rights of the land, information about land prices, the taxes you have to pay, and more.

Topics covered:

  • Can foreigners buy land in Vietnam?
  • Land Prices in Vietnam
  • Taxes
  • FAQ

Can foreigners buy land in Vietnam?

Foreigners cannot own land on a freehold basis in Vietnam, like in Malaysia and Japan, for example. Instead, we have to lease the land with a lease term of up to 50 years, sometimes with a possibility for renewal. Continue reading How to Buy Land in Vietnam: Foreign Buyer’s Guide

Vietnam Real Estate Market Outlook 2021: A Complete Overview

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Vietnam opened up to foreign property investors as late as 2015 and has experienced fast growth since. Buyers from Hong Kong, Mainland China, Singapore, and Korea in particular, see Vietnam as a lucrative market with high ROIs.

Unfortunately, the market was hit hard by the COVID-19 pandemic in 2020 and we saw prices and rents fall by double digits.

With that said, the economy and the real estate market is set to rebound in 2021. Therefore, many investors are eager to understand what our predictions are for the market in 2021.

Therefore, we have written this article where we explain how the market has performed and what our predictions are for 2021.

In this article, we review the following:

How has Vietnam’s real estate market performed in the past years?

Vietnam has emerged as a thriving and fast-growing real estate market in Southeast Asia. Suffering from a housing bust in 2009, the market recovered in 2013 and has seen constant and fast growth.

The main reasons why investors see Vietnam as the number one choice in Asia are:

Continue reading Vietnam Real Estate Market Outlook 2021: A Complete Overview

Property for Sale in Ho Chi Minh City: 15 Interesting Projects

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Vietnam opened up to foreign property buyers in 2015 and Ho Chi Minh City continues to attract a vast number of investors.

Being one of the fastest-growing cities in the world, this commercial hub is undoubtedly one of the most interesting places for real estate investments in Asia at the moment.

You can find a variety of new projects in strategic areas, with high growth potentials.

In this article, you’ll learn about some of the most interesting new condominium projects in Ho Chi Minh City, located in the most promising districts.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Projects Covered

The locations of the projects

Continue reading Property for Sale in Ho Chi Minh City: 15 Interesting Projects

Buying Apartments in Ho Chi Minh City: The Ultimate Guide

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Vietnam?
Click here to get in touch with an experienced agent

Vietnam is on the rise and opened up to foreign investors as late as 2015.

The government made big changes to foreign property ownership regulations and nowadays you can buy multiple condominium units if you’re simply allowed to enter Vietnam.

Looking at cities, the most popular investment destination is Ho Chi Minh City, the biggest city in terms of population and economic output.

This metropolis is the second-fastest-growing city in the world at the moment that gets increasingly more attention in the media.

In this article, we take a closer look at how it works when buying apartments as a foreigner in Ho Chi Minh City.

Topics covered in this article:

Continue reading Buying Apartments in Ho Chi Minh City: The Ultimate Guide

Buying Property in Vung Tau: A Foreigner’s Guide

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Despite being in the shadow of Da Nang and Ho Chi Minh City, Vung Tau is the preferable weekend gateway for expats, locals, and travelers alike who reside in Southern Vietnam, especially Ho Chi Minh City.

With improved infrastructure and connectivity, you can reach this harmonious island within 2-3 hours. With a long shoreline, there are a number of condos and condotels that pop up here and there, attracting the attention of property buyers.

In this article, I explain the basics you need to know if you’re interested in buying a property in Vung Tau.

Topics covered:

  • Can foreigners buy property in Vung Tau?
  • Why is Vung Tau interesting for property purchases?
  • Areas in Vung Tau
  • What kind of property is popular among investors in Vung Tau?
  • Property Prices in Vung Tau vs Ho Chi Minh
  • Real Estate Agents in Vung Tau
  • Condotels and Condos in Vung Tau
  • Getting from Ho Chi Minh City to Vung Tau
  • FAQ

Can foreigners buy property in Vung Tau?

The same as it goes in other parts of Vietnam, you’re legally allowed to buy and own condo units in your own name. There’s no restriction on the number of units you can buy, but foreigners can own a maximum of 30% of the units in a condo building.

It’s important that you confirm with your agent or developer and assure that the quota hasn’t been filled.

Buying villas is also a popular option, where you can lease the land for a period of up to 50 years, even if the government has talked about increasing the term to 99 years. In general, the regulations for foreign ownership are going in the right direction.

If you buy a villa, 250 can be owned by foreigners in a given ward. This was not the case before 2015 when the Vietnamese relaxed the regulations to foreign ownership.

buying-vung-tau-property

Why is Vung Tau interesting for property purchases?

Vung Tau is not a sleepy backwater, but actually a city with hundreds of cafés and restaurants, many decide to settle down here for a long time.

Continue reading Buying Property in Vung Tau: A Foreigner’s Guide

Investing in Vietnam Hotels: A Foreigner’s Guide

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The Vietnam tourism industry has grown with double digits year-on-year and it’s set to compete with countries like Thailand and the Philippines.

The pandemic has undoubtedly affected the market, but analysts also believe that it will be one of the fastest to recover.

We’ve seen increasingly more activity among foreign investors who look for opportunities to enter the hotel market. That’s why we have written this article and where you will learn the following:

  • Can foreigners buy hotels in Vietnam?
  • Hotel Ownership Regulations for Foreigners
  • Hotel Prices in Vietnam
  • Best Cities for Hotel Investments

Can foreigners buy hotels in Vietnam?

As mentioned in my separate article about buying residential property in Vietnam, foreign individuals have no issues to acquire 30% of the units in a commercial condominium project. Continue reading Investing in Vietnam Hotels: A Foreigner’s Guide

Property For Sale in Hanoi: 3 Interesting New Projects

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Hanoi is the capital, political, and cultural center of Vietnam. Even if Ho Chi Minh City is the most popular city among foreign real estate investors, Hanoi receives a fair amount of overseas buyers and becomes increasingly interesting.

The city is characterized by its four seasons, tasty cuisine, French-colonial buildings, and laid-back atmosphere. Not to forget, you find many embassies and multinational companies here.

If you plan to invest in Hanoi real estate you’ve come to the right place. In this article, we present some of the most popular real estate projects for sale in Hanoi at the moment.

Viewing the projects and surrounding areas in Google Maps (Street View)

To check the projects and surrounding areas in Street View, simply zoom in the area at the marker and pull the orange-colored Pegman to the marker.

To go back to Google Maps, press the arrow in the top left corner. Continue reading Property For Sale in Hanoi: 3 Interesting New Projects