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DDA REAL ESTATEThe Global Properties portal features over 56 ads with properties in Da Nang, Vietnam, sourced from reliable real estate agencies and directly from developers. Browse the catalogue and utilize search filters by location, number of bedrooms, area and amenities. Once you’ve made your selection, contact a specialist via phone or messenger for more information about the property of interest.
- Minimum cost of property in Da Nang: USD 234000
- Cost of the most expensive residence: USD 4 million
- Minimum area: 34 m2
- Maximum area: 1,623 m2
- Hai Chau District: Positioned at the heart of Da Nang, renowned for its vibrant atmosphere, numerous restaurants, bars and shopping complexes. It serves as a central business district with a wide selection of offices and business centres.
- Son Tra District: Renowned for its prestigious location and scenic beauty, with proximity to the beach. This area is popular among affluent expatriates and offers elite residences, fashionable hotels and restaurants.
- An Thuong Area: Situated in the My An Ward, this area is popular among expats for its relaxed atmosphere, proximity to the beach and diverse range of cafés and restaurants.
- Cam Le District: Highly sought-after district for its residential areas and proximity to the international airport, making it convenient for frequent travellers.
Foreigners are permitted to purchase property in Vietnam, but this does not directly contribute to obtaining permanent residency. However, a long-term visa can be secured through various means, such as employment with a local company, starting your own business, investing in the economy, enrolling in a university or marrying a citizen of the country.
Property in Da Nang
Da Nang, a coastal city in central Vietnam, has been experiencing a notable recovery in its real estate market in 2024. The first half of the year has witnessed a significant increase in house and land transactions, reflecting a positive shift compared to the previous year. This resurgence is attributed to various factors, including changes in the Land Law 2024, which have attracted capital flows and promoted market liquidity.
Global Properties in Da Nang offers a diverse range of options, catering to different needs and preferences. Apartments in Vietnam are particularly attractive due to their modern amenities, strategic locations and relatively affordable prices, making them ideal for young professionals and small families seeking convenience and a vibrant urban lifestyle. However, apartments may have limited space and higher maintenance fees.
Villas and townhouses, on the other hand, provide more spacious living areas and privacy, making them suitable for larger families or those seeking a more luxurious lifestyle. These properties often boast private gardens and swimming pools, offering a serene living environment. The main disadvantage is their higher price point and maintenance costs, which may not be affordable for everyone.
Commercial real estate in Da Nang is also thriving, with a growing number of office spaces, retail shops and hotels. The city's booming tourism industry has led to a surge in demand for hospitality properties, especially four and five-star hotels.
Overall, the real estate for sale in Da Nang in 2024 presents abundant opportunities for investors and homebuyers alike.
Reasons for investing in property in Da Nang
Buying properties in Da Nang for investment offers numerous opportunities for potential investors. There are several compelling reasons to consider the area for real estate investment:
- Economic growth: Da Nang's economy is on an upward trajectory, with significant investments in infrastructure and tourism. The city's GDP growth rate is projected to be around 7.5% in 2024, fostering a robust environment for real estate investments;
- Tourism boom: Da Nang continues to be a top tourist destination in Vietnam, attracting millions of visitors annually. In the first four months of 2024, the city welcomed over 2.5 million tourists, boosting demand for hospitality and rental properties;
- Affordable prices: Compared to other major cities in Vietnam, property prices in Da Nang remain relatively affordable;
- Government support: The Vietnamese government has implemented favourable policies to attract foreign investment in real estate. The Land Law 2024 has streamlined procedures for foreign buyers, boosting market liquidity and investor confidence;
- High rental yields: Da Nang offers attractive rental yields, particularly in the short-term rental market driven by tourism. Investors can expect rental yields of 6-8%, surpassing those of many other regional markets;
- Quality of life: Da Nang is renowned for its high livability, boasting clean beaches, modern amenities and a low cost of living. This makes it a desirable location for both expatriates and locals, ensuring a steady demand for residential properties.
- Infrastructure development: Ongoing infrastructure projects, such as the expansion of Da Nang International Airport and new road networks, are poised to enhance connectivity and accessibility, further bolstering property values.
Buying real estate in Da Nang
If you're looking to purchase real estate in Da Nang, the Global Properties website is your go-to platform. It offers a comprehensive listing of properties, including villas in Vietnam, tailored to suit various budgets and preferences. The platform provides comprehensive information, high-quality images and expert advice to facilitate an informed decision-making process. Whether you're eyeing a beachfront villa or a modern apartment, Global Properties streamlines the process, ensuring you discover your perfect property with ease and efficiency.