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Open to tourism from March 15, resort real estate is about to flourish

After 2 years of struggling because of the COVID-19 pandemic, the market real estate The resort is showing positive signs, showing a clear recovery.

According to the market report of BHS Group, in the fourth quarter of 2021, the absorption rate of high-rise resort real estate increased by about 11 percentage points compared to the previous quarter. This shows the recovery of this product segment.

A report by the World Travel Council and travel website Trip.com shows that about 70% of tourists living in major countries such as the US, UK, Canada, Japan and Spain are planning tourism this year with more spending than in the last 5 years. The cost of booking on the HomeToGo platform in 2021 increased by 54% compared to 2019 before the epidemic, as a trigger for the boom of 2022.

Open for tourism from March 15, resort real estate is about to flourish - 1

Resort real estate is on the rebound.

According to Vice Chairman of the Vietnam Real Estate Association Nguyen Van Dinh, nearly 6.2 million visitors on the occasion of the Lunar New Year signal the revival of the tourism industry after 2 years of “hibernation”.

The good news from the recent influx of tourists will create momentum for the real estate market to develop, plus other “push forces” such as the recovery support package. economy 350,000 billion VND. The flourishing mark of the top destinations shows that tourism “hibernate” is temporary. As soon as the “new normal”, places with professional tourism investment are becoming magnets to attract visitors.

The booming tourism is creating more growth momentum for the real estate market. In which, the real estate segment associated with tourism and resort is expected to grow strongly. According to the Vietnam Real Estate Brokers Association, tourism and resort real estate will be a bright spot for investment in 2022.

Mr. Nguyen The Diep – Vice Chairman of Hanoi Real Estate Club – said that in 2022, tourism real estate will have many positive changes thanks to the provisions of the revised Investment Law 2020 and the 2013 Land Law revised. Changes are being completed, including legal issues of tourism real estate.

Currently, localities are implementing plans to safely adapt to the new situation, which has helped tourism activities begin to gradually warm up. We still hope that in 2022, resort real estate will break through and recover“, said Mr. Nguyen The Diep.

Assoc. Dinh Trong Thinh also said that real estate will recover and rise in 2022.

Mr. Thinh analyzed, now that COVID-19 has been basically controlled, people are also gradually getting used to living with the epidemic, tourism will be a priority industry to recover with many support policies, incentive programs to stimulate demand. interesting. Along with that, resort real estate also heats up.

Besides, the current capital flow has not yet flowed into production and consumption channels, so it will still be in real estate.

In addition, according to Mr. Thinh, the Government is currently on a roadmap to open international flights, which will stimulate international tourism in the near future to the extent that it will help the resort real estate industry to be less difficult in 2021.

Agreeing, Dr. Can Van Luc also said that resort real estate always has two driving forces for the recovery. The first is that the market supply and demand is more reasonable, with higher planning thanks to the regulation and planning of ministries and branches. Secondly, tourism is gradually asserting its role as a spearhead economic sector with a possible contribution of up to 12-14% of GDP by 2025.

Assessing the products that will attract customers in the coming time, Vice Chairman of the Vietnam Real Estate Association Nguyen Van Dinh said that the resort real estate market has begun to appear many large-scale and functional tourist complexes. diversified, instead of small, solitary projects. High-quality tourism megacities that attract a large number of investors are a new direction and restructuring of the resort real estate segment.

According to Mr. Nguyen Tho Tuyen, Chairman of BHS Real Estate Joint Stock Company, one of the bright spots of the resort real estate market recently is the formation of a new product segment – resort real estate with long-term ownership. .

Thanks to the combination of two factors, both a second house with a red book, full legality, and a resort element, these properties have completely met the requirements of customers and investors. both for living and for profitable business.

In addition, according to Mr. Tuyen, the type of second-home (second home) such as condotel (tourist apartment), although there are still some legal problems at the present time, in the near future, this type of form This will be very popular. In particular, along with the suppression of people’s “thirst” to travel, after the epidemic is controlled on a large scale, it will create a huge amount of travel demand and a great demand for real estate. resort property.

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