Lakefront Real Estate Near Urban Corridor Attracts Investors

Lakeside and street-side real estate, offering a lucrative combination of prime location, development potential, investment opportunities, and rental income streams, has captured the attention of investors and homebuyers alike.

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The lakeside residence: Endless values to offer

For a long time, in many developed countries around the world, real estate projects near rivers and lakes have always been associated with prosperity. In particular, projects with the added factor of a central downtown location are always the first choice of the elite because they meet many different needs – they can be used for living, renting, or investment. The great advantage of this type of property is the natural scenery and fresh air, providing many health benefits to the owner in a natural, long-lasting way.

A report by Knight Frank shows that the purchasing power of waterfront real estate around the world has increased at the highest rate in the past decade. The average cost of riverfront and lakeside properties has increased by 38% in 12 months (up to June 2022).

Previously, in 2019, a large-scale study in the countries of the US, Canada, Spain, Italy, Australia, Switzerland, and China (including 8 million urban residents) by the Barcelona Institute (Spain) and the University of Colorado (United States) confirmed: for every 2% increase in green space within a 500m radius of people’s homes, they reduce their risk of premature death by 4%.

In Vietnam, the 2022 Real Estate Market Buying Trends and Consumer Sentiment Index report by Batdongsan.com.vn shows that the demand for green living space increased by 61%. This is one of the reasons driving the trend of seeking green apartments next to large lakes in downtown areas.

One of the main factors that makes waterfront real estate so attractive is the natural beauty and open space it offers. The view of the clear blue lake, the idyllic landscape, and the fresh air create an ideal living environment for residents. This is also a major attraction for tourists and home buyers who want to enjoy a life close to nature.

In addition, waterfront real estate often has high value and great profit potential. The prime location, luxurious living space, and surrounding amenities are factors that determine the value of these projects.

The project is located between 3 lakes and the living space is like a 5-star hotel

A quick survey at The Gloria By Silk Path apartment tower, which has just been officially launched in the Hanoi market, also shows that one of the most important reasons for customers’ buying decision is the green space inherited from the large lakes.

Specifically, the project is located between 3 large and famous lakes in the capital: Thanh Cong Lake, Chua Lang, Ngoc Khanh… Most customers highly appreciate the green living environment here.

Owning a golden location in the inner city, next to Thanh Cong Lake – an area with high demand for high-class housing but a severe shortage of supply, The Gloria By Silk Path offers to the market apartment with management and operation services by the reputable brand Silk Path, ensuring to bring residents a living space and services, amenities to the standard of a 5-star hotel.

The Gloria By Silk Path project context (Source: Grand M)

The apartments here range in size from 56m2 to 81m2, built and finished to a high standard, with luxury interiors, meeting the needs of a segment of the population who wish to own real estate in a prime inner-city location at an attractive price expected to be only over 100 million VND per m2. This price is indeed extremely rare in this segment.

In fact, the wealthy and elite no longer like to live in “isolation” on crowded streets or in large urban areas, they want to live in the center of the city but still enjoy 5-star services and amenities, commensurate with their lifestyle.

Luxurious space at The Gloria By Silk Path apartment (Source: Grand M)

At The Gloria By Silk Path, the Silk Path operating unit brings 5-star hotel standards to every living space with modern amenities and management services, including: 24/7 reception; Bellman to assist the homeowner; Professional security; High-class apartment lobby… An enhanced service package allows owners to choose premium privileges: Professional cleaning; Organizing parties at home; Booking airline tickets, hotel rooms; Butler services,… The internal utilities are fully equipped, including a gym, sauna, walking garden, fountain…

High-class Spa service at Silk Path Hotels & Resorts (Source: Silk Path Hotels & Resorts)

In addition, the project also benefits from the surrounding synchronous utilities such as Thanh Cong market, retail stores, as well as large shopping centers in the city: Tops Market Thang Long, Lotte Center, National Cinema Center,… The education system from kindergarten, primary school, high school to high quality, international schools: Thanh Cong Kindergarten, Primary school, High School, and High school, Foreign Trade University, Diplomatic Academy, Transport University, Law University, Hanoi Culture…

In the period when the real estate market is gradually recovering, owning a property by the lake like The Gloria By Silk Path (at No. 8 Nguyen Hong Street, Lang Ha Ward, Dong Da District, Hanoi City) is not just to enjoy life. but can bring the owner great profit from renting out, while the value of the apartment also increases over time.

SOURCEcafef
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