Beach villa resort opens sale in Da Nang

Aug 19th at 15:19
19-08-2017 15:19:19+07:00

Beach villa resort opens sale in Da Nang

The property developer VinaCapital Group has introduced its Ocean Estates show village, the last remaining residential beachfront project of the Ocean Resort on the central city’s pristine beach.

 

Construction on the Ocean Estates commenced in 2016 on an area of 7.5ha with total investment capital of VND650 billion (nearly US$30 million). The area, in the coastal Ngu Hanh Son District, offers 33 beach villas of between three and five bedrooms on plot s from 929sq m to 1,303sq m.

Each villa features floor-to-ceiling glass terrace doors, outdoor salas and swimming pools with terraces and balconies throughout. Prices for the villas start at VND16.9 billion (about US$748,000) including VAT.

According to Vinacapital, the Ocean Estates is the last residential project that will be developed within the beachfront parcel of the Ocean Resort, the largest resort complex in the central region which was named ‘Best Golf Development’ on numerous occasions at the Asia Pacific Property Awards 2011-16.

Matthew Koziora, Director of Transactions at VinaCapital said: “The Ocean Estates and the Ocean Resort are further supported by Da Nang’s emergence as one of the hottest new destinations on the Asian golf and tourism trail. We firmly believe Da Nang is on its way toward establishing itself alongside Southeast Asia’s other famous tourism destinations like Phuket and Bali in the coming years.”

The project developer said 33 luxury Vinaliving-brand villas will be handed over to buyers in December this year, with all land-use right certificates secured for each plot.

The site is surrounded by a series of golf courses including a Greg Norman-designed golf course, separate beach club and is a short distance from the Sheraton Hotel – a selected accommodation site for the Asian Pacific Economic Co-operation (APEC) Summit in Da Nang on November 5-11.

bizhub



NEWS SAME CATEGORY

Higher second home tax to pose challenges

The Ministry of Finance (MoF)’s proposal to tax second and additional homes to restrict property speculation and oversupply would face challenges, experts have said.

First real estate market opens in Ha Noi

An Quy Hung Land Joint Stock Company has inaugurated the first real estate market in Ha Noi’s Cau Giay District.

$4-billion South Hoi An casino officially starts construction

Contractor Coteccons today began the construction of the first phase of the $4-billion South Hoi An integrated casino resort, now named Hoiana, located in the...

Central coast in spotlight

Investors are seeking alternative opportunities in central coastal cities like Danang and Nha Trang, given the high property prices in Hanoi and Ho Chi Minh City...

VinaLand Limited finishes divestment from My Gia project

On August 16, VinaLand Limited (VNL), the real estate arm of VinaCapital, announced that it has divested its remaining stake in the My Gia project to a Vietnamese...

Naticorp signs condotel project agreement with Thai firm

Nam Tien Lao Cai Corporation (Naticorp) and Thailand’s InVision Hospitality signed a management agreement for the Scenia Bay condotel project in Nha Trang City on...

SonKim Land named winner of Vietnam M&A Forum 2017

SonKim Land was honoured with the award of The Best Real Estate Deal of the Year 2016-2017 and The Company with The Best M&A Information Disclosure of the Year...

Fate of long-delayed Park City remains murky

Despite being taken over by a new investor, the construction of the long-delayed Park City in Ho Chi Minh City remains uncertain.

Wellness resort group comes to Phu Quoc

Fusion, a wellness resort and hotel chain, has launched its sixth property for relaxation and rejuvenation on Phu Quoc Island.

​Concerns raised over ‘condotel’ development on Vietnam’s central coast

With developers rushing to build new condo hotels, or ‘condotels’, along Vietnam’s central coast, experts are concerned about this new style of property development.

Real estate stocks

Construction stocks


MOST READ


Back To Top