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Mid-range apartments in Da Nang are attracting many investors due to the following factors:
Mid-range apartments in Da Nang are attracting many investors due to the following factors:
1. Tourism Potential and Infrastructure Development
1. Tourism Potential and Infrastructure Development
Da Nang is one of Vietnam's top tourist cities, welcoming millions of visitors each year, which makes the real estate market—especially rental apartments—highly profitable.
The city's transportation infrastructure is continuously improving with major projects such as airport expansion, coastal road networks, and bridges connecting new urban areas.
Da Nang is one of Vietnam's top tourist cities, welcoming millions of visitors each year, which makes the real estate market—especially rental apartments—highly profitable.
The city's transportation infrastructure is continuously improving with major projects such as airport expansion, coastal road networks, and bridges connecting new urban areas.
2. Affordable Real Estate Prices
2. Affordable Real Estate Prices
Compared to Hanoi and Ho Chi Minh City, apartment prices in Da Nang remain relatively affordable, especially in the mid-range segment, creating a great opportunity for long-term investment.
Current prices range from 30 to 50 million VND per square meter, depending on location and amenities.
Compared to Hanoi and Ho Chi Minh City, apartment prices in Da Nang remain relatively affordable, especially in the mid-range segment, creating a great opportunity for long-term investment.
Current prices range from 30 to 50 million VND per square meter, depending on location and amenities.
3. Increasing Housing Demand
3. Increasing Housing Demand
The workforce in Da Nang is growing, particularly professionals and employees in the technology, tourism, and service sectors.
The trend of people relocating from other provinces to Da Nang for work and living also contributes to the rising demand for purchasing and renting apartments.
The workforce in Da Nang is growing, particularly professionals and employees in the technology, tourism, and service sectors.
The trend of people relocating from other provinces to Da Nang for work and living also contributes to the rising demand for purchasing and renting apartments.
4. Comprehensive Amenities and Urban Planning
4. Comprehensive Amenities and Urban Planning
Mid-range apartment projects are now well-developed with full internal amenities such as swimming pools, gyms, commercial areas, and green parks.
Da Nang’s urban planning follows the vision of a "livable city," ensuring a high-quality living environment for residents.
Mid-range apartment projects are now well-developed with full internal amenities such as swimming pools, gyms, commercial areas, and green parks.
Da Nang’s urban planning follows the vision of a "livable city," ensuring a high-quality living environment for residents.
5. Profitability from Rental and Long-Term Investment
5. Profitability from Rental and Long-Term Investment
Mid-range apartments can be rented out for 8 to 15 million VND per month, especially in central and beachfront areas.
Real estate values in Da Nang have been steadily increasing over time, particularly as the city continues to grow in tourism and technology.
Mid-range apartments can be rented out for 8 to 15 million VND per month, especially in central and beachfront areas.
Real estate values in Da Nang have been steadily increasing over time, particularly as the city continues to grow in tourism and technology.
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