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Supply is scarce, high-class apartments for immediate handover in Quy Nhon are sought after

Quy Nhon: Investors “red eyes” looking for high-end apartments

In recent years, when the traditional coastal real estate market in the Central region such as Nha Trang, Da Nang, Hoi An … became scarce and expensive, investors began to tend to move to new lands, where the coast is pristine, the climate is fresh and there is not too much competition. Prominent in that list is Quy Nhon (Binh Dinh).

With the possession of a series of scenic spots such as: Eo Gio, Ghenh Rang Tien Sa, Champa twin towers, Ky Co island, Green island… Quy Nhon gradually becomes one of the interesting destinations for tourists in and abroad. According to statistics of the General Department of Tourism, in the last 5 years, the number of tourists to Quy Nhon has the fastest growth rate in Vietnam. In the period 2017 – 2020, Quy Nhon receives an average of 2.2 – 4 million visitors per year. The average growth of visitors reached 16.7%, the average growth of tourism revenue reached more than 55% per year.

In addition to promoting strong economic growth, the short-term promotion of tourism has pushed Quy Nhon into a serious shortage of high-end accommodation facilities. According to incomplete statistics, currently the whole city has only about 300 accommodation establishments, providing more than 7,000 rooms. However, the number of luxury accommodation establishments accounts for less than 2% (including one 5-star hotel, seven 4-star hotels), with this meager number certainly unable to meet the high demand for resort. increasing number of visitors to Quy Nhon.

Quy Nhon is in short supply of high-end apartments for immediate handover.
Quy Nhon is in short supply of high-end apartments for immediate handover.

In order to maximize the accommodation needs of tourists, in recent years, besides the hotel business model, luxury apartments for rent in Quy Nhon have also developed strongly. However, according to the Department of Construction’s report, Quy Nhon city currently has only 12 commercial apartment projects. Of which, 8 projects are eligible for real estate to be formed in the future to be put into business, 4 projects are not eligible, but of which only 2 high-class apartments have been completed and handed over immediately.

Therefore, it is not difficult to see that the Quy Nhon real estate market is in a period of scarcity of high-end apartment supply, with a large number of customers and investors looking to buy luxury apartments in Quy Nhon. Nhon is no longer a new story here.

Altara Residences Quy Nhon – the solution to the “thirst” for luxury apartments in Quy Nhon city

According to many experts, within the next 5 years, the supply of luxury apartments in Quy Nhon will certainly not be able to meet the needs of a large number of customers and investors. Therefore, at the present time, new projects such as Altara Residences are a rare opportunity for customers.

Altara Residences - the solution to the
Altara Residences – the solution to the “thirst” for luxury apartments in Quy Nhon city.

Located right on Tran Hung Dao Street, Hai Cang Ward, City. Quy Nhon, with the advantage of four sides facing the sea and just over 200m from the sea, Altara Residences luxury beach apartment of the investor Foodinco Quy Nhon Joint Stock Company (a member of Alphanam Group) is evaluated as owning the perfect location. expensive mind. From here, residents can conveniently connect to all key points inside and outside the city as well as other neighboring provinces.

Around the project is a system of modern and diverse external utilities, including: green park, music square, cable car, marina… In the not too distant future, this area will definitely become tourist center of Quy Nhon city.

Altara Residences owns a system of high-class internal utility services: busy commercial center, modern swimming pool, Skybar,…

In addition, the building is managed and operated according to international standards by the Altara – Taisei joint venture (belonging to Taisei Group Japan).

Apartments at Altara Residences have a flexible area, from 40 – 71m2 with 1 – 2 bedrooms, smartly designed, modern, optimized for use and open surfaces, thus suitable for needs. demand to live in or rent out. Altara Residences is really the best choice of residence and investment in the price range from 1.5 billion in Quy Nhon city. Buying a house at this time, customers have the opportunity to enjoy 0% interest and a grace period of up to 24 months.

Currently, Altara Residences luxury beach apartment has been handed over to the owners for a happy settlement. Investing in Altara Residences apartments at this time is considered a smart move by investors.

For more information, please contact:

Consulting and Sales Management: VIREX Joint Stock Company; Hotline: 093 635 1579 VND

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