LUXURY APARTMENTS  FOR RENT

Da Nang’s lease rental apartment market is growing steadily, driven by tourism, expatriate professionals, and local economic development. Here’s an in-depth analysis of the current landscape:

1. Market Demand

Long-Term Rentals (1+ Year Leases): Preferred by expatriates, remote workers, and business professionals. Areas like Hai Chau (City Center) and My Khe Beach attract most long-term tenants.

Corporate & Executive Rentals: Many companies lease high-end apartments for foreign employees, especially in industries like IT, hospitality, and manufacturing.

Local Demand: Vietnamese professionals and families also seek lease apartments, particularly in affordable mid-range developments.

2. Rental Prices & Trends

Standard Apartments (Mid-Range, City Center)

1-Bedroom: 8–12 million VND/month ($320–500)

2-Bedroom: 12–18 million VND/month ($500–750)

3-Bedroom: 18–30 million VND/month ($750–1,200)

Luxury & High-End Apartments (Beachfront & Premium Locations)

1-Bedroom: 15–25 million VND/month ($600–1,000)

2-Bedroom: 25–40 million VND/month ($1,000–1,600)

Penthouse & High-End Suites: 50+ million VND/month ($2,000+)

3. Key Investment Locations

My Khe Beach & An Thuong – High demand for sea-view apartments from expatriates and digital nomads.

Hai Chau District (City Center) – Preferred by professionals working in Da Nang, close to offices, shopping centers, and schools.

Son Tra & Ngu Hanh Son – Popular for luxury beachfront apartments and resort-style rentals.

4. Investment Potential & Rental Yields

High Occupancy Rates: Well-located apartments see occupancy rates of 80–90%.

Strong Rental Yields: Investors can expect 5–8% rental yield annually, with premium properties achieving even higher returns.

Increasing Foreign Demand: Da Nang remains a top destination for expats and retirees, fueling long-term lease agreements.