BROKERAGE - COMMERCIAL & RESIDENTIAL PROPERTY - ASIA

Land development & investment opportunity in Tuy Hoa, Vietnam.

The Business
A International Tourism Village, owned by a Swedish developer and supported by the Vietnam National Administration of Tourism. The project started in 2009, located on a beautiful private beach in Tuy Hoa, Central Vietnam. The city ​offers a beautiful scenery and perfect for a beach holiday. Prices are still low in the area. The airport is 11 km from the village and Ho Chi Minh City (Saigon) is an hour's flight away.

Opportunity;
- land for commercial development: 20 hectares for for construction of high end hotel, supermarket, entertainment park, retail etc.
- land for residential development: 19 hectares for villas, apartment building etc.

Progress/Proof
One operational resort with 12 villas for rent.
10 private villas as sold. New villas are for sale and under construction.

Objectives/Future
To develop and expand the village with;
- a 5 star hotel with 200 rooms
- a 4 star resort & spa 
- 100 villas in total, 45 sqm - 360 sqm per unit
- 120 apartments in total, 60 sqm - 180 sqm per unit
- supermarket, school, entertainment center, tennis court, with daily service and maintenance
- parks 40 000 sqm

The Deal
Flexible options for development with own design. Land/plot lease (50 years, renewable).
Generous expected returns based on increased tourism, rapid local development, strong Vietnamese economic growth, and relaxed foreign ownership rules.