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Real estate in Ba Ria Vung Tau is considered as one of the potential investment destinations that are paid attention by many real estate investors, especially here is one of the leading provinces in the regional development strategy Ho Chi Minh City.
According to experts, in 2019, Ba Ria Vung Tau real estate will have many positive and comprehensive impacts, bringing huge investment potential for this land.
1. Advantages of synchronous development of economy, industry and transport infrastructure
One of the remarkable advantages that makes real estate in Ba Ria Vung Tau attract customers is that it is a place with synchronous development of economy, industry as well as transport infrastructure.
Especially, Ba Ria Vung Tau is a land located in the southern key economic region and a gateway to the East Sea, so it is also considered as the center of Vietnam Oil and Gas industry with about 93% of the total oil reserves and more than 16% of the country's total natural gas reserves.
In addition, in Ba Ria Vung Tau province, there are many advantages of economic development, including island tourism, fishing and seafood processing together with deep-water port system that can serve as an international transshipment port. Thereby raising the province's position with the 3rd largest GDP of the country after Hanoi and Ho Chi Minh City.
2. Infrastructure in Ba Ria Vung Tau is growing strongly
The next advantage that makes real estate in Ba Ria Vung Tau become more attractive to investors is thanks to the push of infrastructure, especially when Ba Ria Vung Tau is the focus of many industries. with more than 15 industrial parks.
In addition to maximizing the capacity to develop into a leading center of tourism, oil and gas industry, seaports of the whole country, Ba Ria - Vung Tau is promoting investment in all four key transport modes: road, waterway, rail and aviation.
This can be clearly seen in the completed road transport system connecting Ho Chi Minh City, the eastern and southwestern provinces via the Ho Chi Minh City-Long Thanh-Dau Giay highway and the National Highway 51 expansion; or highways are planned and gradually put into operation such as Ben Luc - Long Thanh, Bien Hoa - Vung Tau, ... are considered favorable transport factors, paving the way for the development of the real estate market area.
3. Ba Ria Vung Tau is the mecca of tourist real estate
It is undeniable that Ba Ria Vung Tau is the leading resort destination that many tourists target, this place has the advantage of owning more than 200km of coastline, mild climate and eco-system. However, there are many diverse historical sites using beautiful landscapes such as Con Dao, Long Hai, Binh Chau, Ho Tram, Hon Ba, Nui Dinh, Ho Da Xanh ... Ba Ria - Vung Tau is considered local. attracts many visitors no less than other countries in Southeast Asia.
In addition, Ba Ria Vung Tau also has many different types of tourism such as historical - cultural - spiritual tourism, ecotourism, culinary tourism and especially conference - science tourism. ... also extremely attractive when visiting.
These advantages make Ba Ria Vung Tau attract a large number of tourists, of which in the first 9 months of 2018 in Ba Ria Vung Tau has welcomed over 10.3 million visitors, of which 2.67 million. arrivals for accommodation increased by 12.3% over the same period.
4. Real estate in Ba Ria Vung Tau is the destination of many "tycoons".
With remarkable advantages in economy, society, tourism and infrastructure, Ba Ria Vung Tau has become a potential destination for investment in many real estate tycoons, which cannot be lacking prominent names such as Novaland, Hung Thinh, Sungroup, FLC and many other large enterprises such as Yeshouse, Phuc Gia Khang, ... recently.
Thanks to the appearance of a series of big players in the real estate industry, Ba Ria Vung Tau has also become a highlight for the real estate market, enhancing the strong real estate competitiveness for this area.
The fact that many businesses have landed together makes the real estate market increasingly hotter and more fierce competition, so many big companies have actively optimized the real estate project management by applying Landsoft software is used to improve the real estate project management effectively, enhance customer attraction and increase the competitiveness of a number of real estate businesses upon their arrival in Ba Ria Vung Tau.
Compared to the real estate market in coastal areas such as Long An, Binh Duong and Dong Nai, Ba Ria - Vung Tau is considered an emerging market. However, according to the analysis of experts, Ba Ria - Vung Tau is a hot region in satellite real estate markets.Detail
foreigners are allowed to buy, rent-purchase, receive as gifts, inherit commercial houses, including condominium apartments and separate houses in housing construction investment projects, except for areas where national security is ensuredDetail