Business

Hanoians snapping up Da Nang property

Research by real estate services provider Savills Vietnam published recently showed that more than 80 percent of people who bought a second home in the central city of Da Nang are from Hanoi.
Hanoians snapping up Da Nang property ảnh 1An overview of Da Nang city (Photo: cafebiz.vn)

Hanoi (VNA) – Research by real estate services provider Savills Vietnam published recently showed that more than 80 percent of people who bought a second home in the central city of Da Nang are from Hanoi.

Savills Vietnam said that Hanoians were attracted by a variety of factors, including completed infrastructure, bright tourism prospects, sales policies and a young, dynamic and green city.

Da Nang pioneered in luxury coastal homes and was second to Nha Trang in total stock with 1,199 villas and 3,367 apartments. A large future supply and apartments and coastal villas are expected in the central city, according to Salvills Vietnam.

The company said that second homes are becoming commonplace in Vietnam.-VNA

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