CONDOTEL VIET NAM
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 apartment with luxury amenities. Although this type of investment is still quite new in Vietnam, its double profit offering leads to a new trend in the country real estate market.
OUTSTANDING CONDOTEL PROJECTS
Condotel Havana Nha Trang, one of the highest buildings in Nha Trang, is the first condotel in Vietnam with 41 floors and 1260 five-star units operated by Best Western Corporation (US). The current price for this luxury condo is about $2200 per sq. In the coming period, Vingroup, the investor and also the main contractor, will launch Vinpearl Condotel Nha Trang which is expected to bring a new high-end vacation home with lucrative rental income for buyers.
CONDOTEL DA NANG
Featuring premium resort services with 202 condotel rooms viewing the beautiful ocean, A La Carte Da Nang operated by Serenity Holding is offered at $1.500 – $2.500/m2 for respectively 46 – 74m2 areas. Soon to be put in operation, Olalani Resort and Condotel is an ideal hideaway where you can enjoy a luxury vacation at 5 stars bungalows, grandeur seaside mansions including a wide range of entertainments and world-class services.
CONDOTEL PHU QUOC
2 of the most famous Condotel projects in the Pearl island of Phu Quoc are Vinpearl Condotel and Condotel Grand World Phu Quoc. Built on a total area of 85 hectares, Condotel Grand World Phu Quoc include 4 resort villas zones, 447 units and 104 high-class bungalows that feature ocean view, pricing about $110.000 per villa.
CONDOTEL HA LONG
New Life Tower is known as a typical hotel apartment project in the coastal city of Ha Long. The project was built on Lot N2 – A1, Cai Dam urban district, Ha Long City, Quang Ninh Province. The investor – Geleximco commits Owners a profit of 14% in the first 2 years. From the 3rd year, profit rate will be a deal between owner and Condotel management agency.