Tuesday, 26 Sep 2017
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INVESTMENTOPPORTUNITIES

Hanoi's West Lake real estate attracts foreigners

Updated at Thursday, 17 Aug 2017, 11:36
The Hanoitimes - The number of foreigners living in the West Lake always surpasses other parts of Hanoi.

This is also a reason why West Lake real estate is always "hot" even when the market is ups and downs.
Many people (even wealthy foreigners) have "fallen in love" with the West Lake. If the Old Quarter is their travelling destination, West Lake is their living place in Hanoi. Many embassies, international organizations also choose West Lake as the "headquarters".
According to the important plannings of Hanoi city, West Lake and surrounding areas are about 1,000 hectares but the planned population is just over 50,000 people by 2050.
Especially, although total area of ​​West Lake subdivision is very large, the proportion of urban residence land in this area under planning is just over 220 hectares and a small area for offices and organizations…
Therefore, West Lake is always the dream of many people for a peaceful environment in harmony with nature. The facilities here include many luxury restaurants, amusement and entertainment areas that are frequented by many foreigners and the rich.
Transportation convenience is also one of the main reasons for attracting foreigners. It takes only 20 minutes to Noi Bai Airport.
West Lake is the largest concentration of foreigners living in Hanoi. Statistics of a real estate company show that in Quang An peninsula, there are about 3,000 foreigners applied for permanent residence. Therefore, in addition to demand for land, demand for rent in the West Lake area is always high, especially the luxury apartments for foreigners.
Statistical reports of real estate consultants show that villas, high-grade apartments in West Lake, especially in Xuan Dieu area, Quang An peninsula always reached a very high level regarding to rental rates and fee. The price of some serviced apartments for rent at projects such as Fraiser Suite (Xuan Dieu), Elegant Suites (10B Dang Thai Mai), Intercontinental Hanoi Westlake Hotel ... ranges from $ 2,500 to $ 5,000 per month.
D '. Le Roi Soleil – is at interest of foreigners
Apartment projects in West Lake always receive special attention of both domestic and foreign investors. Especially the project D '. Le Roi Soleil - Quang An, the first apartment project to be issued with a permanent certificate of land use right for residents is increasingly concerned.
D '. Le Roi Soleil - Quang An has a remarkable advantage as the unique project in West Lake with 3 directions towards West Lake and one to the Red River. The project is a complex of public, commercial, international kinder garten in New Classical Europe style.
The living facilities are also located in the service tower, including a 20,000 sqm commercial center, spa, gym and modern restaurant system... In addition to the four season indoor swimming pools, D ' . Le Roi Soleil- Quang An also has a swimming pool on the roof for residents to swim, relax and enjoy the view of the fresh West Lake.
It is invested by Tan Hoang Minh, a leading real estate developer in the luxury apartment segment, designed by an international company and managed by a professional unit that meets international standards. D '. Le Roi Soleil - Quang An promises to become one of the outstanding real estate in the West Lake area.
To enable domestic and international customers have more opportunities to own outstanding apartments in West Lake, Tan Hoang Minh Group has launched a very attractive sales policy.
Accordingly, from July 1, 2017 to August 30, 2017, customers buy apartments in D '. Le Roi Soleil project will be entitled to a maximum interest of 65% of the contract value (including VAT) for 12 months, grace period of 12 months from July 1, 2017 to June 30, 2018. In addition, customers is also granted 2-year service charge for building management.
Especially, from July 1, 2017 to August 17, 2017, customers also have the opportunity to receive a trip to Europe for two people amounting 200 million VND (two hundred million Vietnam dongs). Gifts can be converted into money and directly deducted from the total contract value before VAT.

 
Cam Anh- Nguyen Hung
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