Real estate with marina

Vietnam – Potential market for yachts

Along with the hobby of collecting supercars and branded goods, yachts are likened to an indispensable “jewelry”, raising the status of the owner. And waterfront real estate (river, sea) with marina is also popular with the rich.

Vietnam has a sea route of 3,260km with a lot of potential to develop the yacht industry in the near future. That’s why, over the past time, many international yacht brands have appreciated and approached the Vietnamese market. Typically, at the end of 2020 and the beginning of 2021, the Saigon Yacht Show 2021 event will be held with the presence of many of the world’s leading brands such as Lagoon, Princess, Galeon, Chaparral, Regal, Corsair…

It is estimated that there are more than 40 yacht brands doing business in the Vietnamese market. However, the dilemma is the parking space, in the context that there are no clear regulations for yacht parking.

Buying a yacht is easy, finding a new anchorage is difficult

In Vietnam, the rich are willing to spend millions of dollars to own a yacht. However, they need to find an anchor for their “mobile home”. Yacht is a nascent industry, so the problem of launching docks, locks for mooring, yacht maintenance and protection services, and infrastructure for yacht ownership are not many or convenient. convenient. Currently, most vehicles have to anchor at licensed wharfs located very far away.

According to statistics of the Department of Transport of Ho Chi Minh City, the total number of registered yachts of households and individuals in operation is 50 yachts, plus 390 canoes of households and individuals (not included by agencies). , unit). The need to anchor watercraft of organizations and individuals (households) on inland waterways in Ho Chi Minh City is very large.

Not only in Ho Chi Minh City, many famous tourist attractions on the river also have a shortage of parking spaces for yachts. For example, the coastal tourist city of Vung Tau, Da Nang or Hanoi also encounters the same problem of solving the wharf.

The attraction of the villa by the marina

According to a report by Knight Frank, in the next 5 years, the growth rate of the super-rich in Vietnam will be 31% – one of the highest in the world. It is expected that by 2025, Vietnam will have 511 people with assets over 30 million USD and 25,812 people with assets over 1 million USD. Accordingly, the demand for luxury products will be much higher than today.

In addition to beautiful houses, luxury cars, expensive fashion… the rich are looking for a new asset, which is a yacht, which is a real estate with a marina.

Also from another report by Knight Frank, waterfront real estate globally is currently about 40% more expensive on average than products of the same size, utilities, and construction quality. Therefore, luxury waterfront complexes such as Marina Bay (USA), Hillarys Marina in the land of kangaroos, The Palm Island in Dubai, Marina Cove in the country of Fragrant Harbor or Marina Bay Sand in the island nation of Su. Death has always become the choice of upper-class residents – from billionaires, politicians, to world-famous stars.

In anticipation of this trend, Novaland with many riverside and coastal projects is pioneering to create a segment of high-end real estate combined with a marina exclusively for the elite in Vietnam.

One of the outstanding projects of this type of real estate about to be introduced to the market is Long Island. This is the next phase of NovaWorld Ho Tram launched in the resort capital of Ho Tram. With the advantage of being located in the most pristine and beautiful natural beach of Vung Tau, bordering the forest, bordering the river, Long Island possesses a unique terrain in the area.

Many businessmen and celebrities have noticed the Long Island project at the first visit, showing the “charismatic” of this type of real estate.

Pearl league