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

5 Best Districts to Buy Property in Hanoi: Complete Guide

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Selecting an area with future growth potential is essential for overseas investors who seek high capital appreciations when buying real estate. Hanoi is not an exception, with significantly high growth, the market changes fast here.

At the moment, the city mainly develops towards the West, leaving space for new real estate projects as the central areas have become too crowded. With that said, there are other areas of Hanoi that are interesting and that you should check before going into detailed planning.

In this article, we list some of the most interesting areas and districts to invest in Hanoi property.

Tay Ho

Tay Ho is a popular area for property investors, it is positioned in the Northern parts of central Hanoi and surrounds the beautiful West Lake, one of the biggest natural lakes in Vietnam.

The district is also right next to the Red River and a relaxed high-end area. With that said, you’ll reach the more busy areas of Hanoi in a short distance. Thanks to its many green areas, expats and families decide to live here. Continue reading 5 Best Districts to Buy Property in Hanoi: Complete Guide

Vinhomes West Point – Vingroup, Hanoi

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Vinhomes West Point is a large condominium project located in the popular and upcoming district of Nam Tu Liem in Hanoi. Here, you can find 1-4 bedroom units and where 1-bedroom units start from as little as USD 86,000).

The project is located close to many famous sites, landmarks, offices, and schools, including JW Marriott Hanoi, the Ministry of Foreign Affairs, and Amsterdam High School, to mention a few examples.

The location is referred to as “the heart of the Western Area” and where we see plenty of room for expansion in the future. The project has many high-quality facilities and is set to be completed at the end of 2020.

Summary

  • Project Name: Vinhomes West Point (external image)
  • Developer: Vingroup
  • District: Nam Tu Liem
  • Completed: 2020
  • Units / Floors: 1,326 units / 39 floors
  • Price: From around VND 2 billion (USD 86,200)
  • Tenure of Land: Freehold for Vietnamese, 50 years lease for foreigners (renewable)

Continue reading Vinhomes West Point – Vingroup, Hanoi

Vinhomes Riverside – Vingroup, Hanoi

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Vinhomes Riverside is one of Vingroup’s flagship projects in Hanoi as it comprises 3,000 premium villas. The area has dozens of high-end facilities and amenities as well, ready to cater to foreigners and expats that live here.

It’s an award-winning project with much water, green areas, parks, and palm trees. Thus, it’s perfect for families who want to live a bit further away from the hustle and bustle in the city center.

Vinhomes Riverside is undoubtedly one of the projects that have received the most attention in Hanoi and it has impressed many of the world’s leading real estate experts due to its comprehensive ecosystem of synchronized planning and green landscape systems. Continue reading Vinhomes Riverside – Vingroup, Hanoi

List of Serviced Apartments in Hanoi: Our Top 6 Picks

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Serviced Apartments in Hanoi

Are you looking for a serviced apartment provider in Hanoi?

In Hanoi, most of the serviced apartment buildings are located near the business districts such as Tay Ho District, Cau Giay, and Hoan Kiem District.

Serviced apartment companies provide a variety of solutions and you should be able to find a suitable one.

In this article, we list 6 serviced apartment companies and compare them according to their rent span, duration of stay, location, amenities, and services.

Overview

Benefits of renting a serviced apartment in Hanoi

Most of the serviced apartment companies in Hanoi offer a short-term stay, from 1 day to 30 days, according to the company. Thus, the first obvious benefit is that, if you don’t want to sign a long-term rental contract, a serviced apartment is probably the best solution for you.

Note that, if you decided to commit for more than a month, as also happens in Ho Chi Minh City, you can get up to a 25-50% discount.

Second, serviced apartment companies are often more familiar with the local regulations. For example, Vietnamese landlords might not be aware that foreigners shall register their address to the local police station; however, a serviced apartment company shall be aware of this regulation and register you with the local police by default.

I still recommend you to confirm that the serviced apartment company of your choice will register you at the local police station, just to avoid any problems.

Besides, a reputable serviced apartment company shall provide a clear rental contract in both English and Vietnamese language. This will make your life much easier, in case there are any problems. Further, when you deal with an established company it’s less likely that they will try to keep your deposit without a valid reason.

Serviced apartment rents in Hanoi

In Hanoi, the normal rent in the city center starts from around VND 8,200,000 per month for a studio, and around VND 16,500,000 for a three-bedroom apartment.

Even if it’s possible to find a serviced apartment advertised for similar prices on real estate listings platforms, in most cases, you will have to deal with either a local landlord that owns as little as a single property, or with an agent that manage properties from multiple landlords.

Conversely, if you want to work with a serviced apartment company that owns the whole building and provide most of the benefits we discussed in the previous section of this article, then you might have to pay a price that is at least 20% higher. Continue reading List of Serviced Apartments in Hanoi: Our Top 6 Picks

Buying Property in Hanoi: A How To Guide

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

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Hanoi is the capital of one of the fastest-growing countries in the world and has some of the highest rental yields in Asia at the moment. The city has seen rapid economic growth in the past years and projected to continue on this path in the coming decade.

Even if Hanoi receives less attention than Ho Chi Minh, some investors simply prefer its local and authentic culture, seasons, and the beautiful surrounding nature. Besides, the property market is less overheated than Ho Chi Minh’s and has much to offer in the coming years.

In this article, we review the following topics:

  • Hanoi’s Property Market
  • Best Areas to Buy Property in Hanoi
  • Real Estate Agents in Hanoi

Hanoi’s Property Market

Hanoi is the second-biggest city in Vietnam and receives less attention than the southern commercial hub and metropolis, Ho Chi Minh City. The cities are different in the sense that Hanoi is the cultural and political center of Vietnam. Continue reading Buying Property in Hanoi: A How To Guide