“Gold” timing, the investors pour money into Condotel in Quy Nhon

Thursday - 17/01/2019 11:24
According to the breakthrough growth in tourism, Quy Nhon city, Binh Dinh has emerged as one of the most attractive real estate markets in Vietnam in the recent year.

The throne of Quy Nhon real estate markets.

According to the statistics of the Department of Culture, Sports, and Tourism of Binh Dinh Province, Binh Dinh received more than 4 million visitors in 2018, an increase of 10.6 percent compared to 2017. In which, international tourists reached 286.463 times, increased 8.3 percent, domestic tourists reached 3.805.877 times, up 10.8 percent compared to 2017.

The strong growth of tourism has become the head of the economy while the synchronously invested infrastructure has created favorable conditions for Quy Nhon real estate industry to develop wildly.

In 2018, Quy Nhon was crowned in the resort real estate market. Especially, in the general excitement of the national Condotel market, Quy Nhon emerged as a "new star". This is a market that maintains high liquidity thank to the attraction from large-scale projects. Only in 2018, Binh Dinh Province has about resort real estate projects being implemented, most of which are in Quy Nhon City, up 30 percent compared to 2017.

In direct proportion to the development of tourism and real estate projects, the price of land in Quy Nhon is also growing rapidly. The actual survey shows that the price of land in Quy Nhon city is increasing strongly, especially the beautiful locations such as Xuan Dieu, An Duong Vuong road, the price of Nguyen Hue road from 180 to 220 million dong / square meter. The area far away 500 meter of Nguyen Hue road also ranges from 120 to 160 million dong / square meter. This price has tripled compared to the period 2015-2016.

Following the growth momentum in 2018, Quy Nhon real estate is expected to have a booming in 2019. In particular, the high-end real estate segment must be mentioned when many great projects of big guys in the investment world are appearing.

“Thirst” for the supply of luxury resort real estate

According to Binh Dinh tourism development orientation in general and Quy Nhon in particular, the vision of 2030, Quy Nhon city is planned to become one of the central urban areas of the Central Coastal Region, oriented development toward Industry – Seaports – Servives – Tourism to become one of the typical destinations like Da Nang, Nha Trang and Phan Thiet ...
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However, according to the actual survey, the entertainment venues, shopping centers, especially high-class resorts in Quy Nhon are still very few, not to meet the high and diversity demand of visitors. By the end of the first quarter of 2017, the whole province had 150 accommodations with 4000 hotel rooms, including five hotel 4 star standards and only one hotel 5 star standards.

The modest figure shows a huge shortage of supply of luxury apartments for tourists coming to Binh Dinh when the number of tourists here is twice as Phu Quoc and 70 percent of Nha Trang.

Welcoming opportunities and taking advantage of development advantages, TMS Group has invested in the construction of the TMS Luxury Hotel & Residence Quy Nhon project - a complex of 5-star hotels and the most luxury apartment in the city.

The project is located in a prime "gold" position on Nguyen Hue beach - the busiest area in Quy Nhon city. With more than 300 hotel rooms, nearly 800 5-star resort apartments are designed with sophisticated, modern, and world-class facilities; TMS Luxury Hotel & Residence Quy Nhon really won the "thirst" the luxury resort apartment, giving the customers a trendy resort space, optimizing utilities and utilities.

The project dedicated 3-storey commercial concentration of the high-end utilities from buffet restaurant, cafe, swimming pool, gym - fitness - modern spa, kid-zone attractive to business center, international SCOTS English School; high quality polyclinics... meet the needs of people as well as contribute to attract tourists to Quy Nhon.

Recently, the investor of TMS Group has announced the apartments that are considered the best luxury resort in Central Vietnam - The Star Collection. Apartments located on the highest floors of the project not only bring superior privilege in vision but also converge the quintessence of each design, interior and utility. With limited quantity, this is also the only opportunity for customers to own honourable real estate products, outstanding profit potential in Quy Nhon.
Currently, the investor is devoting many attractive preferential policies, only with the starting capital of 560 million dong; the customers can own a prestigious apartment at TMS Luxury Hotel & Residence Quy Nhon.

According to real estate experts, before the real estate price situation in Quy Nhon "escalates" day by day and the beautiful positions near sea are gradually being filled, the quick “money down” grasping investment opportunities is the right choice of wise investors. This is also the best time for investors to own "gold" mines of Quy Nhon with reasonable costs but choose the expensive position.


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