Accommodation in Da Nang
Da Nang’s real estate market has known an accelerated growth over the past few years. Many expatriates have seized the opportunity to buy property in the region.
It is not difficult for an expatriate to find accommodation in the city of Da Nang. Many real estate projects are currently underway in this area, mostly for expats. In fact, foreigners are more and more numerous to invest in a house or villa in Da Nang which is above all a tourist region. Investors are also more likely to choose Da Nang for the implementation of their development projects.
Features of Da Nang
The city has recently known a proliferation of hotels and luxury residences. Da Nang is especially appreciated for its white-sand beaches and its exotic panorama. More than 2.8 million foreign tourists lapped up the Da Nang sunshine in 2018. Some simply transited through the city while others chose to settle there.
Moreover, there has been a rise in the demands of expatriates to acquire land or luxury homes, especially in coastal areas and in the city centre. Tourism here is accelerating faster than the growth of bamboo and this incline is showing no signs of restraint.
The real estate market in Da Nang
In Da Nang, you will find not only luxury villas and hotels but also multi-storey residential complexes. Prices generally range between 1.8 and 2.5 million VND per square meter in some neighbourhoods. In others, especially in new urban neighbourhoods, you can expect prices ranging between 35 and 50 million VND per square meter.
However, you can also rent a modern and equipped apartment villa in Da Nang. You can even find cheaper apartments or houses.