This article is a part of the Real Estate 101 series by Homebase, a leading PropTech company that provides a more flexible alternative to mortgages for foreigners in Vietnam, and is co-created with their team.
In recent years, the Vietnamese real estate market has grown rapidly and attracted foreign investment. Transactions are in the millions of dollars per unit, making Vietnam an appealing place to live and invest.
As a potential property buyer, it’s important that you can recognize a good deal when you see one. An important question to ask, though: What are the most useful property valuation methods in the market?
As you browse property listings, you’ll encounter many shapes and sizes with potentially varied prices. By using the methods we recommend in this article, you can better estimate the value of these assets and have a higher chance for a good deal.
Today, we review what real estate evaluation is and explain seven core methods when evaluating properties.
What is real estate valuation?
In short, real estate valuation is the gathering, analysis, and assessment of information and data to evaluate the worth of real estate. Continue reading Property valuation in Vietnam: A Guide for Foreign Buyers