The Rise in Demand for Vacation Villas
The unexpected arrival of the Covid-19 pandemic brought about significant changes in people’s lifestyles and routines. It caused individuals to reflect on what they value most and are unwilling to compromise, while also re-evaluating their priorities in life. According to Professor Rosabeth Moss Kanter of Harvard Business School, changes stemming from the pandemic could be a turning point for the world to embrace proposals that better balance work and life.
Working remotely without needing to commute to an office, taking extended vacations, and focusing on health and well-being have become the preferred choices for many families. This is especially true for the upper class, comprising affluent individuals, business owners, and experts who can work and manage their businesses remotely. For them, opting for longer vacations has become a top priority. The demand for second homes, or even preferring them over primary residences, has led to the concept of ‘Semi-first homes’ – where the elite can seamlessly blend living, working, and recreational activities in one convenient location.
Imperial Lotus Villas offers a serene and luxurious getaway for its residents.
This shift in preferences has prompted TIG, the developer, to create Imperial Lotus – a project that pioneers the Semi-first home trend in the Phu Tho market. Imperial Lotus is nestled in a location known for its beautiful mountains and lakes, offering a unique and exclusive retreat for its residents. The project is part of the larger Vuon Vua Resort & Villas development and boasts a serene atmosphere with a historic backdrop.
Imperial Lotus is built on ancient land that once housed the Bach Thuy lotus pond and is nourished by the cool waters flowing from the upper reaches of Thanh Son mountains. Adjacent to the lotus pond is the ‘King’s Hill’ (Vuon Vua), which connects to the east, facing the three majestic peaks of Ba Vi. This creates a breathtaking natural sanctuary for those seeking a tranquil escape. In addition to the already established ecosystem of services and amenities, villa owners at Imperial Lotus will have access to over 40 exclusive services, including private gardens and indoor pools, the largest project’s waterfall Onsen, pools, and whirlpools, a floating meditation garden, and a network of restaurants, cafes, and minimarts within the complex…
The development offers a range of exclusive services and amenities for its residents.
The need for relaxation and therapeutic treatments is also promptly addressed with a world-class Spa, Yoga, and Massage facility, along with a chain of modern mineral baths and whirlpools. The hot spring water is sourced entirely from the natural underground hot spring mines of Thanh Thuy, with an average temperature ranging from 37-43°C. The water is then stabilized at 37-38°C using Headpumb heat pumps, ensuring a safe and chemical-free experience for daily use.
Condo Prices, Villa Living
Imperial Lotus boasts numerous advantages that cater to the diverse needs of its residents, whether it be for work, living, recreation, or health and wellness. From its initial launch, the project has garnered significant interest from the upper class. “Our clients have shared a variety of reasons for their decision to purchase a villa at Imperial Lotus, ranging from long-term stays to frequent health retreats and expressions of personal prestige. The common thread is their intention to use the property for their own enjoyment, which has resulted in a stable ownership base with minimal speculation,” shared a representative of the developer.
To further stimulate market demand, the developer has introduced an attractive pricing strategy called “Condo Prices, Villa Living.” With this offer, investors have the opportunity to own a hot spring villa at Imperial Lotus, spanning over 300 square meters, for just VND 6.3 billion. The bank will provide an interest rate support of 0% for 65% of the contract value and a three-year grace period on principal repayment. This means that customers only need to pay 30% of the contract value (equivalent to VND 1.9 billion) upon handover. Early payment options are also available, with a 14% discount and a management fee waiver for 3-5 years. Additionally, early bookings will be rewarded with additional discounts of up to VND 300 million.
Imperial Lotus offers an attractive investment opportunity with its “Condo Prices, Villa Living” pricing strategy.
In a somewhat subdued vacation property market, only projects with transparent legal frameworks and sustainable development will appeal to investors. In the Phu Tho market, it is safe to say that Imperial Lotus stands out as the top choice for investors at this point in time.
