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

Do you plan to buy property in Vietnam?
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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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Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Vietnam?
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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

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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

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 that attracts plenty of local and foreign property investors. It’s leading the industrialization of the central parts of Vietnam and welcomes millions of tourists each year.

In this article, we review what makes Da Nang interesting for property investments and why it might be the right choice for you.

The following topics are covered:

  • Why should I invest in Da Nang?
  • 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

Why should I invest in Da Nang?

With a bit more than 900,000 people, Da Nang is the fifth-largest city in terms of population and one of the most developed cities in Vietnam.

It faces the beautiful South China Sea and is located right in between the capital, Hanoi, and the southern metropolis, Ho Chi Minh. Here, you’ll be able to enjoy comfortable weather all year round with more vegetation and outdoor activities compared to the bigger cities. Continue reading Buying Property in Da Nang: A Complete Guide