Phu Quoc’s property market is something of an anomaly in Vietnam Property market as the Vietnamese government recently announced that it was to allow permanent foreign residents and overseas Vietnamese to purchase houses there. The move was included in a recent prime ministerial decision on the region’s operation statute, which was issued as part of a bigger plan to build the largely undeveloped area into a world-class tourist destination. The Vietnam government’s decision allows permanent foreign residents to take out long-term leases on land and overseas Vietnamese to purchase houses with attached land use rights. However, the government is yet to confirm the duration the land leases being made available to foreigners will be for. Read More
Before you get into real estate development there are a couple basics that you need to understand. Most importantly are the different types of real estate development and where you want to fit into the market. Types of Real Estate Development There are two main types of real estate development – land developers and building developers. Read More
Backed by a thriving economy and a populace brimming with retirees, tourists, expatriates and prosperous businessmen, Pattaya is fast turning the heads of savvy investors looking for handsome returns in a beach destination.
Pattaya property market continues to attract astute property investors, who believe today’s market conditions offer the opportunity to lock into excellent future returns, either from rental income or through capital growth. Read More