Premier Village Phu Quoc Resort offers investment opportunities
Premier Village Phu Quoc Resort offers investment opportunities
Premier Village Phu Quoc Resort project recently introduced by Real Estate developer Sungroup is offering a wide range of investment opportunities in the luxury resort properties segment.
The resort, located at the very tip of the Ong Doi Cape at the end of the southern island of Phu Quoc in southern Kien Giang province, known for its pristine beaches and forests, has emerged as a favourite destination for tourists as well as investors.
According to Former Deputy Minister of Natural Resources and Environment Dang Hung Vo, the luxury resort property segment holds great potential given the new policy allowing foreigners to own homes. The new policy is expected to trigger foreign capital inflow into the property market, especially in the high-end segment.
Vo said the Premier Village Phu Quoc Resort project would significantly contribute to the development of luxury resort property segment in Phu Quoc Island.
According to a report by Viet Nam Capital Partner, the demand to buy resort properties will intensify in the coming years as wealthy families are now eyeing such properties to be used to generate income through leasing, as well as for their personal use.
As described by Sungroup, the 73-hectare resort has two parallel sides facing the sea, offering a view of the sunrise and sunset at the same location.
The cape in An Thoi District is famous for its soft-as-cream white sand, magnificent view of the hills and cliffs, surrounded by primeval forests in jade waters. Thanks to this environment, people consider it the "queen of the sea".
The resort, designed by the United Kingdom-based SALA, has 118 villas of different types, on the water, on a hill, beachfront villas, and villas on the rocks.
Specially, the resort has an overflowing pool system at multiple levels, whose shape is similar to the terraced fields in the north of Viet Nam.
In addition to their own space, the villa owners and guests can enjoy the five-star luxury services of entertainment, gymnasium, and spa leisure clubs, as well as children's playground facilities.
The Sungroup said that on purchasing the villas, that investors would get their land-use certificates and villa ownership rights, while those who lease their villas would be assured of an annual minimum profit of nine per cent in the first 10 years.
The group said the buyers could participate in the investment-sharing programme, under which they would get 9 per cent of the profits from the contract value for 10 years.
As similar local luxury resorts have been attracting a lot of tourists, investment in the resort would ensure more long-term stability than many investment channels, the group said.
The villa owners would get 15-nights free stay in different Sungroup resorts and hotels as well as enjoy the group's membership rights at discounted services.
In particular, after signing the contract, investors will have a VND250 million (US$11,000) six-day and five-night tour to the USA for two, or a three-night package in Sungroup's most luxurious resorts of InterContinental Da Nang Sun Peninsula Resort and Premier Village Da Nang Resort.
