Addressing the Coastal Appeal seminar held on October 14, 2020 in Ho Chi Minh City by Vietnam Investment Review (VIR) , Do Thien Anh Tuan from Fulbright University Vietnam said that Vietnam currently has 19 coastal economic zones with the combined scale of 47-48 per cent of the national GDP, of which, the marine economy accounts for 20-22 per cent.
Under the master plan on the sustainable development of Vietnam’s marine economy by 2030 with a vision to 2045, this rate is expected to increase to 65-70 per cent. Following up with the impressive figures, Vietnam welcomed more than 18 million international tourists and about 85 million domestic tourists in 2019. Tourism contributes about $32.8 billion to the national economy, equivalent to 9.2 per cent of GDP. From 2021 onwards, these figures are set to increase.
The basis for such confidence in growth is the rapidly-growing middle class, which is forecast to reach 25 per cent of the population by 2025 to about 25 million people. This rate signifies the demand for diversified investment, in which second-home properties are growing in popularity.
Wealthy tourists with high disposable income travel just like anyone but desire more than just the average sightseeing, and they will not settle for less. They especially have a keen interest in wellness, unique F&B offerings, and experiences. More and more of these people need to own a second home for relaxation and wealth accumulation. The demand is underpinned by the existing and upcoming traffic infrastructure of expressways, airways, and waterways, narrowing the distance between traditional and coastal cities. This has been proven when Vietnam entered the top 20 emerging second home markets in the world according to the national British newspaper The Telegraph .
|Coastal properties are known for commanding better prices for their scarcity and position|
According to the new Knight Frank Global Waterfront Report, prices for prime waterfront properties are on average 40 per cent higher than comparable properties inland of the same scale, amenities, and quality of construction. Accordingly, coastal real estate has the highest premium. In fact, the coastal real estate market in Vietnam has received remarkable growth during the past 10 years, with “hot” markets such as Nha Trang increasing by 150 per cent, and Danang increasing by about 60 per cent.
Ixora Ho Tram by Fusion – strong potential for ever-increasing value
Among the favourable tourist destinations in Vietnam, Ho Tram is emerging as an ideal choice thanks to a series of important factors.
Besides the advantage of geographic location brimming with natural landscapes and leisurely atmosphere all year round, Ho Tram is also benefiting from existing and upcoming infrastructure such as the new Long Thanh International Airport, highways, seaports, railways, and coastal routes.
Thanks to this prime location, with only a 50-minute drive from Long Thanh International Airport and less than two hours from Ho Chi Minh City, the owners of Ixora Ho Tram by Fusion villas are welcomed to their private haven of sun-soaked beaches and turquoise water.
Rising above the many average projects on the market, Ixora Ho Tram by Fusion offers more than just basic amenities by being a part of the bustling entertainment paradise Ho Tram Strip – one of the large-scale developments in the region.
|Fully furnished Ixora Ho Tram by Fusion villas in the very own style of Fusion Hotels & Resorts lies idyllically on a private tropical paradise|
Located in the most prestigious entertainment resort in the Ho Tram area, adjacent to the InterContinental Grand Ho Tram, Holiday Inn Resort, The Bluffs golf course, and a wealth of retail and entertainment options, Ixora Ho Tram by Fusion is the ultimate beachside paradise, dedicated to meeting all the needs of its homeowners.
|Among the favourable tourist destinations in Vietnam, Ho Tram is emerging as an ideal choice thanks to a series of important factors.|
Compared to stand-alone projects on the market, Ixora Ho Tram by Fusion is set to prevail with its large scale and ideal location in a synchronously planned complex that houses a series of state-of-the-art facilities. Another factor that sets Ixora Ho Tram by Fusion apart is the complete handover package of international quality that is carefully reflected in every detail.
In addition to the above-mentioned factors, the reputation of developer Ho Tram Project Co., Ltd., as well as the operation brand of Fusion Hotels & Resorts, are core values that lure home buyers. Lodgis Hospitality – the investment partnership between the leading global private equity firm Warburg Pincus and Vietnam’s leading investment manager, VinaCapital – with a long-term investment strategy in Asian Coast Development Ltd. to develop the 164ha Ho Tram Strip through its subsidiary Ho Tram Project Co., Ltd., further affirms the attraction of Ixora Ho Tram by Fusion to savvy investors.
Villa owners can enjoy their villa permanently as a second home for year-round vacation or participate in the rental pool programme under the Fusion Hotel Group brand with a 70 per cent net profit.
In addition, The Bluffs Golf Membership – a golf course designed by legendary Greg Norman – is included with every villa purchase as a one-of-a-kind privilege. Adding to these classy perks, two Mercedes-Benz E200 cars worth nearly VND5 billion ($217,390) will be offered to two lucky customers of Ixora Ho Tram by Fusion as a welcome to this wonderful resort paradise.
By Ha Thuy