Tag Archives: Vietnam

Top Real Estate Agencies in Da Nang: The Ultimate Guide

da-nang-real-estate-agencies

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 Vietnam: A Complete Guide

vietnam-real-estate-agencies

Vietnam has opened up since 2015 and grows with 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.

Introductory remark

The real estate agencies are listed in a random order.

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 in Seattle, Washington, but also have 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

property-developers-vietnam

Vietnam is growing with a rapid pace and has opened up to foreign investors since 2015.

The same as it goes in other Asian countries, most foreigners, expats and locals with some spare cash prefer to buy off-plan or new properties, especially in places like Saigon, Da Nang or Hanoi.

In this article, I’ve listed some of the most notable and reputable property developers operating 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.

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Why You Should Contact a Solicitor Before Buying Property in Asia

asia real estate agent

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 →

What Can Go Wrong When Buying Property in Saigon: By Rudy Bui (interview)

rudy-bui-saigon

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).

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Buying Property in Hanoi: A How To Guide

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

As Vietnam has opened up to foreign investors since 2015, it would be strange if the capital didn’t get a big share of all the investments.

Hanoi is the political and cultural center of Vietnam, the city has seen a rapid growth the past years, and it’s projected to grow even more the coming decades.

With improvements in transportation and investments pouring in for infrastructure projects and manufacturing, you can’t turn your blind eye to this city.

In this article I explain the crucial info you need to know when buying property in Hanoi.

Hanoi’s property market

While Saigon is the business hub and one of the fastest growing cities in Vietnam, you shouldn’t neglect Hanoi.

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Buying Nha Trang Property: A Complete Guide

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

While Da Nang hosts many expats and retirees who enjoy to play golf, Nha Trang is the place to go if you want to scuba dive during the day and have a couple of beers downtown during the night.

Nha Trang hosts a great amount of Asian visitors and property buyers each year, mainly due to its location, beautiful beaches and relatively cheap prices.

Even if you can find luxury villas here, you also have the option to buy a villa for a lower price tag, if you’re willing to lower the standard.

In this article, I explain the basics you need to know if you want to buy property in Nha Trang.

Nha Trang explained

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Buying a Property in Da Nang: The Basics You Need to Know

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

Most foreigners talk about Ho Chi Minh City (Saigon) or Hanoi when discussing where to buy property in Vietnam.

But you should not overlook a city like Da Nang.

While Saigon is the biggest city in Vietnam, attracting a lot of expats and offering a bustling nightlife, Da Nang is the third biggest city and nicely located in the central coastal areas.

In Saigon, you’ll most often have the option to buy an apartment in one of its central districts. In Da Nang, on the contrary, you have no restrictions to buy a luxury condo or beach house, with a beautiful ocean view.

In this article, I explain the basics you need to know about Da Nang and why it could be good to make an investment there.

Why should I invest in Da Nang?

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Buying Property in Ho Chi Minh City: A How to Guide

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

Vietnam is on the rise and has opened up to foreign property investments since 2015. One of the most popular cities has long been, and will remain to be, Saigon (Ho Chi Minh City).

Just listen to this:

Saigon is, as of the moment I’m writing this article, the 2nd fastest growing city in the world. Not to neglect, Vietnam’s students excel in school, climbing up to the top 10 list worldwide this year.

While Mainland China’s labor costs, housing prices and commodity prices have increased a lot in the past years, more and more property buyers has shifted their focus to Saigon.

In addition:

People from Hong Kong, Singapore and Taiwan are also targeting Saigon property, as they struggle with house prices back home. Except for offering lower property prices, non-resident foreigners can buy a multiple amount of properties, simply by having a tourist visa.

Vietnam and especially Ho Chi Minh’s property market is hot right now, in this article, I explain how foreign ownership works in Vietnam and what you need to know about the most popular districts.
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How to Buy Property in Vietnam: A Complete Guide (infographics)

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

Vietnam is on the rise and foreign investors are pouring money into the country, as manufacturing costs are getting more expensive in China.

Another reason is that foreign buyers look for new investment opportunities, as their own markets have stagnated, or become hefty over priced.

Vietnam has opened up and is welcoming everything from expats, tourists, and hungry investors to grab a piece of this exploding market.

In this article I explain the essentials you need to know when making a property investment in Vietnam.

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