What Investors Seek in the Danang Vacation Property Segment

As we move into the final quarter of 2024, Danang's tourism industry boasts impressive figures in terms of visitor numbers and revenue. The local vacation real estate market is also fueling investors' expectations of a new cycle of growth.

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Danang’s Tourism Continues Its Growth Trajectory

As of September this year, the total number of guests at accommodation facilities in Danang is estimated at 7.8 million, including 5 million domestic tourists and 2.8 million international visitors. Notably, the city achieved its annual target for international tourist arrivals in just the first seven months, with visitors mainly from South Korea, China, Thailand, the US, India, and Malaysia.

Danang is expected to welcome 9.8 million visitors this year, with international arrivals surpassing 4 million. In comparison, the pre-pandemic peak in 2019 saw the city serving approximately 8.7 million tourists.

During the recent 2/9 holiday, Danang ranked third in impressive revenue (after Ho Chi Minh City and Hanoi) with VND 1,200 billion, a nearly 34% increase, and hosted nearly 308,000 visitors, a 21% rise compared to the same period last year.

It can be said that Danang’s tourism has not only recovered but also witnessed spectacular growth in 2024. This achievement is a result of the city’s tourism industry’s relentless efforts to rejuvenate its ecosystem of products and events, along with a diverse range of premium and comprehensive services.

Specifically, the city has promoted various tourism stimulation programs with the theme “Enjoy Danang 2024,” the Danang International Fireworks Festival (DIFF) 2024, the Danang Asian Film Festival, and the Southeast Asian Student Sports Festival, among others.

Additionally, in June, the National Assembly passed a resolution on organizing the urban administration and piloting several special mechanisms for the development of Danang City. Notably, the resolution includes the establishment of a Free Trade Area associated with Lien Chieu Seaport, aiming to attract high-quality investment, finance, trade, tourism, and services.

Danang is permitted to establish a free trade area associated with Lien Chieu Seaport

With positive “signposts” in planning and vision, along with the actual numbers from the city’s tourism and overall economy, the tourism and resort real estate segment is assessed to be ready to enter a recovery and strong growth cycle. Among investors with a long-term vision, owning real estate in Danang, especially seafront apartments, is considered a strategic move.

As the market does not record new supply in this segment, investors’ attention turns to previously launched projects nearing completion and potential early operation, such as The 6nature Danang.

The 6nature Danang – A Potential Investment Choice

The 6nature Danang boasts a prime location on the “billion-dollar seaside road,” Vo Nguyen Giap, embracing My Khe Beach, one of the six most attractive beaches globally. Owning an apartment in this project means your investment is secured by a unique location and exclusive central connectivity to all critical tourism, cultural, entertainment, and economic destinations in the region.

With the current average rental price for luxury apartments in Danang ranging from VND 17 to 60 million per month, depending on customer demands and the project’s location, sea view, and premium amenities, seafront apartments with permanent ownership at The 6Nature Danang offer attractive rental opportunities for investors.

The project’s potential is guaranteed by its location, million-dollar views, a bespoke collection of exclusive amenities, and professional management by Savills Vietnam.

The 6nature Danang is not only an investment channel that generates a steady monthly cash flow but also a proud asset with impressive value appreciation potential over time, as the supply of seafront apartments in Danang is limited and dwindling.

Owning an apartment from the limited quota at The 6nature Danang at this time, customers can enjoy attractive policies such as a discount of up to 6%, free management for two years, and interest support for up to 12 months. Especially, buyers are assured by the project’s transparent legal status, permanent ownership, and guaranteed construction progress.

With its “rare” quantity and “precious” location, fully harnessing the area’s potential, The 6nature Danang is currently a highly sought-after name among investors aiming to ride the wave of Danang’s tourism development.

Hotline: 0917 61 2020

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