Top Real Estate Agencies in Da Nang: The Ultimate Guide

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Da Nang is the fourth biggest city in Vietnam, it becomes increasingly popular among foreigners due to various reasons. Some worth mentioning are that Da Nang is generally more developed, it’s cleaner, calmer, has mountains, beaches and simply more attractive if you look for a calmer lifestyle, but still access to diners and bars.

The number of real estate agencies is less and the major companies like Savills, Colliers, and CBRE have all set up head offices in the capital, Saigon. Still, you’ll find a handful of real estate agents that have years of experience of helping foreigners.

In this article, I list some of the biggest and most popular real estate agencies in Da Nang.

Introductory remark

The real estate agencies are listed in a random order.

1. Savills

Savills is one of the biggest and oldest real estate agencies globally. Originally founded in 1855 and with 30,000 professionals worldwide, the company has managed to establish a strong presence in Vietnam. Their first Vietnam office was opened in 1995 in Ho Chi Minh City.

Savills is also one of the few international agencies that has set up a separate office in Da Nang. The current managing director of Savill’s Da Nang branch is Matthew Powell, he has been residing in Vietnam since 1995 and has a long experience of the local real estate industry.

The company has won a number of awards over the years, for example:

a. Asia Pacific Property Awards – Best Property Consultancy in Vietnam (2015-2018)

b. Asia Pacific Property Awards – Best Real Estate Agency in Vietnam (2014 – 2016)

Property types

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Top Real Estate Agencies in Ho Chi Minh City: A Complete Guide

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Ho Chi Minh is currently the second fastest-growing city in the world (after Bangalore) and attracts more and more foreign investors. In comparison to Bangalore, foreigners are at least allowed to own properties in Ho Chi Minh City.

The city is a melting pot, still, the real estate market is not as mature as Thailand’s, for example, which has resulted in a more narrow selection of agencies. It’s not strange whatsoever, as the country opened up to foreigners in 2015. In this article, I list some of the biggest real estate agencies in Ho Chi Minh City.

Introductory remark

The real estate agencies are listed in random order.

1. Colliers International Vietnam

Founded in 1898 and with 15,000 professionals working worldwide, Colliers is one of the biggest and most recognized real estate agencies globally. The headquarter of Colliers International Vietnam is based in Saigon, you’ll also find most properties up for listing here.

The company currently has two subsidiaries in Vietnam:

  • Colliers International Vietnam
  • Colliers Home

Colliers International Vietnam was founded in 1996 and Colliers Home a decade later, in 2016. The branch currently has six employees residing in Ho Chi Minh City.

Property types and areas in Vietnam

As mentioned above, Colliers has a separate website called Colliers Homes, if you look for residential properties, this is the place to be. You can find a number of property types, for example, villas, apartments, land, and penthouses.

Projects managed

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Top 8 Real Estate Agencies in Vietnam: A Complete Guide

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Vietnam has opened up since 2015 and grows at a rapid pace, this has resulted in many foreigners looking for investment opportunities in the country. The market is not as mature compared to Thailand’s whatsoever, which gives you less options when looking for a local real estate agency.

Finding a credible solicitor and real estate agency is crucial to reduce the risks of coming across any pitfalls later. In this article, I list some of the biggest real estate agencies in Vietnam.

1. Colliers International Vietnam

Colliers International is one of the biggest real estate agencies in the world. It has more than 15,000 people with an annual revenue of around USD 2.6 billion. The company is based in Seattle, Washington, but also has offices in 69 countries including Vietnam.

Founded in 1898 in Canada as a small agency, it became a global name and shifted to the United States in 1976 after a merger of three real estate agencies to form Colliers International.

Colliers International owns two subsidiaries in Vietnam:

  • Colliers International Vietnam
  • Colliers Home

The first one was founded in 1996 while the latter one was founded in 2016.

The head office of Colliers International Vietnam is based in Ho Chi Minh City, but in 2008, they also opened an office in Hanoi.

Property types and areas in Vietnam

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Top 10 Property Developers in Vietnam: A Complete Guide

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Vietnam captures many headlines in the media and opened up to foreign investors as late as 2015.

Here, you’re able to buy units from commercial projects on the primary market. This is often not a big issue, in the end of the day, foreigners mostly look for new or off-plan condos in places like Ho Chi Minh and Da Nang.

If you buy off-plan, it’s important that you know about what real estate developers that operate in the market. In this article, I’ve listed some of the biggest and most popular property developers that operate in Vietnam.

1. Dat Xanh Group

Founded in 2003, Dat Xanh Group is headquartered in Ho Chi Minh City, a company that’s been ranked as one of the best developers in Vietnam.

The company owns one of the largest real estate companies in Vietnam, the Dat Xanh Real Estate Service & Consultation JSC. They develop both residential and commercial projects and offer other real estate services, like distribution of properties, brokerage, and real estate consultancy services.

Property types

You can buy a number of different property types, including apartments, housing projects (townhouses), land and villas. In addition to residential projects, Dat Xanh Group also develops commercial, office, and leisure properties.

Continue reading Top 10 Property Developers in Vietnam: A Complete Guide

Why You Should Contact a Solicitor Before Buying Property in Asia

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You’ve signed the contract and transferred the down payment. Your agent insists that all is well, and you can move in next week.

Only to find out that foreigners are not even allowed to buy that type of property.

These things happen, and overseas property buyers find themselves in hot water all the time – often as a result of working with the wrong local partner.

In this article, you will learn why you should not go directly to a local real estate agent when buying property in Vietnam, Cambodia, the Philippines or other developing countries in Asia – but to a law firm that can navigate you through a risky and complex process. Continue reading Why You Should Contact a Solicitor Before Buying Property in Asia

Common Pitfalls when Buying Property in Saigon: By Rudy Bui

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Since Vietnam opened up to foreign property buyers in 2015, investors pour in to grasp a share of the Saigon property market.

But even if Vietnam has relaxed the regulations on foreign ownership, there are important fundamentals you need to be aware of before buying property.

In this article, I interview Rudy Bui, who is the Founder and Director of the law firm Bui & Brothers LLP.

It’s an established firm that works with both Real estate & Construction law and Tax law in Ho Chi Minh City (Saigon).

Rudy, please tell us a bit about your background and current business

I’m a qualified lawyer with more than 10 years of practicing law in foreign and local law firms in Vietnam.

I earned a Master of Law in South Korea, recently admitted as a Scholar of the International Bar Association (IBA) and the Inter-Pacific Bar Association (IPBA).

Continue reading Common Pitfalls when Buying Property in Saigon: By Rudy Bui

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

How to Buy Property in Nha Trang: A Complete Guide

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Most foreigners buy property in Nha Trang for retirement or holiday purposes. There are plenty of condotels which mainly cater to short-term holiday spenders.

The main reason is that the city relies heavily on tourism and doesn’t have as much commercial activity compared to other major cities like Ho Chi Minh, Da Nang, and Hanoi.

Besides, property prices aren’t as high in Nha Trang, a reason why it might be the right choice if you’re on a restrained budget.

In this article, we review the following topics:

  • Introduction to Nha Trang
  • Buying Villas in Nha Trang
  • Buying Condos in Nha Trang
  • Realtors in Nha Trang

Introduction to Nha Trang

nha-trang-property

Nha Trang is slightly smaller than Da Nang and the 6th biggest city in Vietnam with a population of around 600,000. Being located between Ho Chi Minh and Da Nang has other major cities just around the corner. Continue reading How to Buy Property in Nha Trang: A Complete Guide