Not only attracting investors from major provinces and cities nationwide, Nha Trang is also the destination of people in the Central Highlands thanks to mountain – sea connecting expressway.
 

Nha Trang's real estate market is gradually busy again after a period of silence due to the influence of Covid-19. As noted by the local real estate exchanges, the market began to have transactions from the end of September. "The number of people interested in projects has increased by 20-30% compared to the peak of the epidemic. Many investors quietly returned to Nha Trang market to catch the bottom," Le Thanh Hung, an broker said.

Nha Trang possesses many advantages to attract investment capital. Photo: Tran Anh Khoa

Vietnam has identified "living with the epidemic", gradually transitioned to a new normal state, coastal localities planned to receive tourists back, which will be the driving force for the tourism industry to make a strong breakthrough after nearly 2 years of "hibernation". Recently, on October 19, the World Travel Awards honored Vietnam as "Asia's leading destination in 2021", in addition, in the resort and hotel category, Vietnam won 17 different awards with award winners from many provinces, including Nha Trang. Nha Trang Pearl Bay is still a favorite destination for well-experienced investors thanks to possessing many advantages in terms of infrastructure, nature, number of international tourists...
 

Sticking with the Nha Trang market for many years, Mr. Hoang Gia Tien (Hanoi) is currently the owner of a series of coastal hotel apartments. While Covid-19 more or less caused the capital flow of investors to rotate into some emerging areas such as Binh Thuan, Binh Phuoc ..., this investor still persisted in sticking with Nha Trang. The proof is that he has just invested in 2 more second home apartments in An Vien urban area, a product that he believes to have great potential in the coming time, in the context of increasingly scarce coastal land fund.


 Nha Trang is favored by nature when it owns the longest coastline in Vietnam with a length of 385 km, a system of nearly 200 large and small islands with beautiful landscape, listed in top 29 most beautiful bays in the world. The city also has a temperate climate, with an average year-round temperature of about 26.5 degrees Celsius and the lowest average rainfall nationwide is only 1,200 mm. Natural factors create favorable conditions for Nha Trang to develop tourism throughout 12 months of the year.

Nha Trang with beautiful natural scenery and fresh air is ready to welcome visitors back. Photo: Trung Huynh

Besides, Khanh Hoa is gradually realizing the goal of being a city directly under the Central authority, with the orientation that Nha Trang will be a national and international coastal city. The urban development budget until 2030 is nearly VND 50,000 billion with a series of specific strategies.


Among the transport infrastructure projects being implemented, there are 3 remarkable road projects that are promising to bring many changes to the coastal city, including North - South expressway at Cam Lam - Vinh Hao section with total length of 78.5 km, total investment capital of VND 8,925 billion; Ngoc Hoi Vinh Diem Trung intersection located at the intersection between the railway and Road 23/10, total investment of more than VND 1,240 billion; Ring road connecting Ngoc Hoi intersection, total investment capital of VND 3,500 billion. Besides, Nha Trang - Phan Thiet expressway and Nha Trang - Binh Dinh expressway are being promoted, which will help connect tourists to the pearl bay more easily.
 

In particular, by promoting its strength as the gateway to the Central Highlands, the province has been currently promoting many key traffic projects in this area, starting with Da Lat - Nha Trang expressway project, about 85 km long, expected to start construction in 2021-2025 period, and Buon Ma Thuot - Nha Trang expressway with 113 km long, total investment of VND 19,500 billion. These two expressways are important to connect forest-sea tourism and create a driving force for economic development of the whole region.
 
"Đây cũng là lý do mà không ít nhà đầu tư khu vực Tây Nguyên tìm đến Nha Trang, như tôi", Phan Thanh Phong, một nhà đầu tư đến từ Buôn Ma Thuột cho biết.
"This is also the reason that many investors in the Central Highlands come to Nha Trang, like me," said by Phan Thanh Phong, an investor from Buon Ma Thuot.

Perspective of a corner of the New Galaxy Nha Trang project. Photo: Hung Thinh Land

According to Mr. Phong, Nha Trang is considered the "tourist capital" of the coastal area, while Da Lat and Buon Ma Thuot are also famous tourist destinations of the mountainous area. Therefore, two forest - sea connecting expressways are the solution to promote the development of local tourism in the future. Upon going to sea travel, it is very interesting to just  take one hour of driving to the forest, immerse ourself in the clear blue waves in the pearl bay, and after a while, breathe the healthy and pure air among the foggy mists in the highland area. The scenery on both sides of the road is picturesque with boundless and majestic mountains... "I believe every visitor will want to enjoy this unique and fascinating experience", Mr. Phong said.
 

Mr. Van Dung Chinh, a member of Khanh Hoa Real Estate Brokers Association, said that the real estate market in Nha Trang City is not only for people with real residential needs in the province but also is still attractive to investors from all over the country. Especially, in the context of the epidemic, the desire to own a second home for relaxation and health recovery is as high as today.
 

According to a recent survey by the Manulife Asia Care Survey program, 100% of Vietnamese participants said that they want to change their living space or need to seek for real estate products with a high health index. In the real estate market, housing products with landscape design close to nature and diverse utility system and focusing on community health in closed urban areas have been receiving much attention.

Perspective view from an apartment of the New Galaxy Nha Trang project. Photo: Hung Thinh Land

However, Nha Trang is inherently a familiar place in the investment map of the real estate investors in the resort and hotel segment. Meanwhile, high-end apartments with all-in-one ecosystem and utilities are scarce. Therefore, high-end apartment projects with housing ownership certificates are always something that wel-experienced investors seek and hunt for.
 

In anticipation of this trend, in recent October, Hung Thinh Land launched the New Galaxy Nha Trang project with a scale of 1.9 hectares, including 5 blocks, of which three blocks are 20 floors high and two blocks are 23 floors high with about 1,500 apartments and shophouses in An Vien coastal urban area. Residents at New Galaxy Nha Trang can enjoy a life close to nature while still fully meeting their daily needs, with a system of utilities such as an internal park; 700 m2 swimming pool; multi-purpose sports ground; preschool; An Vien private beach; Children's play area... In addition, various commercial, tourism, medical, educational and financial facilities on the pearl bay are available within a radius of 5km, which will contribute to perfecting a comfortable and trendy life at New Galaxy Nha Trang.
 

According to PropertyX, the project distributor, New Galaxy Nha Trang apartments are currently offered by the investor at an attractive price, about VND 48 million per m2, applying flexible payment method and many incentives.
 

Mr. Nguyen The Hung, an investor from Da Lat, has just "put down money" for an apartment in the project on the official announcement date October 23, said: "The house handover phase is in the time when Vietnam economy is recovering from the epidemic. Therefore, this is the right time to catch the bottom of the market to invest in a potential project with a relatively comfortable price."


New Galaxy Nha Trang is introducing 2 blocks, namely The Art and The Lux with attractive policies: discount up to 4.5%, discount for payment over 18%/year/number of exceeding days and many other special offers. The unit also cooperates with VPBank and MB to offer preferential policies on loan interest such as VPBank lends 75% of the apartment value; MB lends 70% of the apartment value.

For project information, visit website: https://newgalaxynhatrang.com.vn/ or contact hotline: 1900 6958

Sơn Quỳnh

According to vnexpress