WHAT IS A CONDOTEL?
With high and stable profitability, Condotel (condo – hotel) is immerging as a winning investment channel attracting discerning investors around the world.
Vingroup Corporation is one of the pioneers in this trend with various projects that creat “phenomenon” in resort real estate market such as Vinpearl Empire Condotel, Vinpearl Beachfront Condotel and Vinpearl Riverfront Condotel Da Nang .
Condotel is the combination of Condo&Hotel, which is a condominium operating as a Hotel or a Hotel with private ownership rooms that allow people to enjoy a vacation with luxury resort amenities. Although this type of investment is still quite new in Vietnam, its double profit offering brings out a new trend in the country real estate market.
Investors can benefit from the profit rate of 8-12% per year from Condotel Time-share program while remaining full ownership of a resort living space in some of the most beautiful seashores on the planet. This investment is more profitable than other traditional investment channels such as gold, securities or currency speculation.
With the advantages of prime location, luxurious modern design and high-end resort amenities, Condotel will be the ideal solution for investors who are interested in increasing capital and leading the new investment trend in resort real estate market in Vietnam.