The Quang Ninh tourist and resort real estate market is warming up and recovering strongly. This is the “promised land” for investors.

Infrastructure planning, relatively complete traffic is always a fertile land for businesses to invest in tourism and resort projects in Quang Ninh.

Quang Ninh is always a fertile land for businesses to invest in resort tourism projects

Still “hot” despite the epidemic

Being one of the “locomotives” of tourism in the country with nearly 12 million tourists coming to visit and relax since the beginning of the year (impressive number in the context of the epidemic COVID-19) plus planning In terms of infrastructure, relatively complete traffic is always a fertile land for businesses investing in tourism and resort projects in Quang Ninh.

And it is the resort real estate segment that has been and will always be the “gut” segment of Quang Ninh real estate. Besides Bai Chay and Ha Long which are very developed areas, areas with rich potentials such as Van Don, Cam Pha, Mong Cai, Uong Bi … are also being invested in.

Quang Ninh currently has more than 40 real estate tourism and resort real estate projects, providing more than 10 thousand products to the market. The supply of real estate projects and resort real estate products are mainly from large corporations such as Vingroup, Sun Group, Bim Group, FLC … and are guaranteed the quality and progress of construction. construction, worth exploiting. Some typical resort real estate projects of the province include: Quang Hanh high-end hot mineral resort, FLC Ha Long resort complex, Sheraton Ha Long hotel …

After a period of quiet, Quang Ninh real estate market showed signs of restarting, offering, recording transactions. Mr. Pham Trung Hieu – Head of the representative office of Vietnam Real Estate Brokerage Association in Quang Ninh, Director of Four Home Real Estate Exchange, said that Vietnam is now controlling the epidemic, the domestic economy is recovering plus the Quang Ninh economic growth in the first 6 months reached 5.7% – in the top of the country, surely the Quang Ninh resort real estate market at the end of 2020 will warm and recover strongly.

Mr. Hieu also said that the shortage of goods in central areas such as Ha Long and Bai Chay continued to take place. In other areas, there will be many big projects being implemented and promising to bring a plentiful supply to the real estate market of Quang Ninh resort tourism.

The transaction volume and the rate of goods consumption in the last months of the year will grow well compared to the first months of 2020. Selling prices do not change much. Inventories will be accelerated by the year-end shopping wave positively impacting the real estate market.

“Therefore, investors and exchanges need to take opportunities, have suitable policies, flexibly adjust to stimulate demand, attract investment and exploit effectively, boost sales at the end of the year. “- said Mr. Hieu.

Billion dollar gold mine

“From the day the Hai Phong – Ha Long expressway came into operation, the momentum of tourism is getting stronger and stronger, when the travel time from Hanoi to Ha Long is only about 1.5 hours. Quang Ninh Tourism is becoming a true “billion dollar gold mine” that any real estate investor wants to share. They rushed to Ha Long – the tourist center of Quang Ninh to buy land to build hotels or to buy apartments for rent before the lucrative investment opportunity is now apparent ten “- Mr. Hieu analyzed.

Van Don currently possesses outstanding advantages compared to economic regions inside and outside the province.

In Van Don, since the policy of developing an economic zone, there was a time when the transaction price reached 60 million dong / m2. The sudden increase in land prices created real estate bubbles and virtual fever, and the order to suspend the transaction immediately stopped this situation and caused the real estate market in Van Don to settle down.

Currently, Van Don has been present with most of the major real estate developers across the country such as CEO Group, Vingroup, FLC, Sun Group, … These projects promise to bring to the real estate market. Here, there are many diverse and quality product sources.

In addition, the National Assembly’s adoption of a VISA exemption policy for tourists entering Van Don, along with infrastructure such as highways, international airports … will have a positive impact on the real estate market here. especially tourism real estate because the number of international tourists from Northeast Asia such as China, Korea, Malaysia and Japan will see Van Don as a new tourist destination in the region, leading to demand. great in terms of accommodation facilities and tourist services. Therefore, in the coming time, in addition to domestic investors investing in real estate as an asset, there will also appear a large number of investors in tourism exploitation from Singapore, Malaysia and Hong Kong (China).

At the same time, the demand for premises for construction of accommodation facilities will increase dramatically in 2020. In addition to projects such as Orient Urban Area, Sonasea project of CEO Group and Ao Tien project together. Some projects of other investors such as Geleximco, DOJILAND, Long Beach, HD Mon … have not had products to sell in time, the phenomenon of demand is greater than supply.

Why choose Van Don to invest in resort real estate? Mr. Pham Van Quang – Phuong Dong Urban Construction Investment Joint Stock Company explained: Van Don currently possesses outstanding advantages compared to economic regions inside and outside the province. Certainly, Van Don will create a lot of surplus value for investors in exploitation and development. Because at present, positive information on Van Don market is increasingly going in the direction of expectation.

Specifically, Van Don has approved the general planning to build until 2040, with a vision to 2050, will become one of the driving force areas for economic development of Vietnam, in the leading group of worthy cities. living in the Asia-Pacific region. A series of large-scale traffic projects have been put into operation: Van Don International Airport, Ha Long – Van Don Expressway linking Mong Cai Border Gate Economic Zone, the gateway connecting China with ASEAN, with key economic zones The North Point significantly shortens the travel time.

“Not only that, Van Don also has the natural advantage of being a beautiful tourist island district of the country with the majestic Bai Tu Long Bay, next to the world natural heritage of Ha Long Bay, Van Don island district is also in progress. It is expected to become the leading tourist resort in the region, promising to attract a large number of domestic and foreign tourists “- Mr. Quang said.

Source: Diendandoanhnghiep Newspaper