“Seizing New Growth Opportunities in the Coastal City of Nha Trang”
2024 is hailed as the “Year of Nha Trang,” as the city has been making headlines with the most favorable news. In March 2024, the Prime Minister signed and issued Decision No. 259/QD-TTg, approving the adjusted master plan for Nha Trang city as a national and international sea and island tourism hub. It also serves as the administrative, political, economic, cultural, scientific, technological, educational, and medical center of the province and the South-Central Coast and Central Highlands region.
Early April marked the city’s centennial anniversary, and it has been 15 years since it became a first-class urban area under Khanh Hoa province. During the Reunification Day celebrations in late April, the Ho Chi Minh City-Nha Trang expressway was opened to traffic, reducing travel time to just over four hours. During this period, Prime Minister Pham Minh Chinh led a working delegation to inspect the construction site of the Khanh Hoa-Buon Ma Thuot expressway and urged for expedited land clearance and a six-month reduction in the project timeline. Upon completion, Nha Trang will become the focal point of the Ho Chi Minh City-Tay Nguyen-Khanh Hoa economic and tourism triangle.
Parallel to these infrastructure developments, large-scale events such as the Nha Trang Beach Tourism Festival and the Nha Trang International Bay of Lights Festival, along with the arrival of nearly 5.2 million visitors in the first six months, with almost 2.4 million international arrivals, have propelled the coastal city to become one of the most popular and bustling destinations in Vietnam. In fact, Nha Trang consistently achieves average hotel occupancy rates of 70-90%, often selling out during peak seasons.
The robust infrastructure and connectivity, coupled with a thriving tourism industry that continues to attract investments, present the first wave of profits for savvy investors who seize these new growth opportunities.
“The Unique Features of Libera Nha Trang Beachfront Apartments”
Libera Nha Trang is nestled on a rare piece of land alongside the enchanting Tien Beach, boasting a “triple-privileged” location with its back to the mountains, face to the sea, and within the city’s urban area. This “Free City” offers the perfect balance between experiencing the bustling metropolis and enjoying a true resort lifestyle.
Libera Nha Trang is one of the few projects with a privileged location, nestled between the mountains and the sea, within the city
This strategic position grants the apartment complex a diverse range of views, including the heavenly Nha Trang Bay, one of the most beautiful bays in the world; the majestic Co Tien Mountain, a witness to the city’s prosperous growth over centuries; and the vibrant new city center. These varied vistas not only cater to a wide range of customer preferences but also serve as a leverage point for owners to confidently set rental prices, especially as Nha Trang is a sought-after destination for domestic and international tourists.
Libera Nha Trang is the only project within the city that boasts a 2-kilometer-long beachfront and three private beaches. According to real estate experts, while views and private beaches may seem like amenities solely for guests, they significantly enhance the investment value. Surveys on leading global travel sites like Booking.com, Agoda.com, and Traveloka.com reveal that properties with diverse views and private beaches in tourist cities command rental rates 1.5 to 2 times higher than standard accommodations.
Setting itself apart from many other projects in the market, Libera Nha Trang already boasts a well-developed range of amenities that are operational and attracting domestic and international visitors to the city. Notable mentions include the Do Theater, which hosts the “Rối Mơ” art show, voted as a “Top 1 must-see in Nha Trang”; the Libera Nha Trang Square, a popular check-in spot; and the marine sports center with captivating activities.
Actual corals are protected and cultured right at the Libera Nha Trang project
Notably, the Van San Dao Coral Park, the largest biological nursery and marine biodiversity conservation area in Vietnam, is a collaboration between KDI Holdings and the Nha Trang Oceanography Institute to protect and cultivate 121 out of 450 rare coral species found in Nha Trang. Starting with an initial research area of 2.8 hectares, the developer, after a year of dedicated research, has been granted permission to expand the research area to 28 hectares, contributing to the “50 Million Corals in Vietnam” campaign.
The quality of Libera Nha Trang Beach Apartments is further assured by leading brands such as Hyundai E&C, the construction contractor for The Paramount tower, and Coteccons, the contractor for The SanHome tower. Hyundai E&C is South Korea’s number one construction group, known for iconic projects like the JW Marriott in Hanoi and Bitexco in Ho Chi Minh City. Coteccons, with over 20 years of experience, is a pioneer in sustainable development and the application of new techniques and materials in Vietnam.
Libera Nha Trang Beach Apartments are delivered fully furnished, offering owners flexibility for personal use or rental income.
Currently, Libera Nha Trang Beach Apartments are being introduced to the market, starting from only VND 298 million, along with attractive policies. The apartments are delivered fully furnished, similar to a 5-star hotel, providing owners with a safe haven for personal use or rental income. Recently, the developer launched a special promotion for 99 beachfront apartments during the Hungry Ghost Festival month, offering three years of management fees and two years of room cleaning services as a gift.
