Just one year ago, observers of the real estate industry in Vietnam were writing that the business was heating up. In 2016, there are consistent reports of activity, with a significant increase in foreign investment and a double-digit increase in the real estate sector as a whole.
Within the real estate sector, condominiums, for example, enjoyed a gain of 27% over the previous year’s first quarter. People were also buying second homes at a growing rate in the first three months of 2016.
Experienced companies in this country, and in the region, offer property for rent in a simmering economy. The Vietnamese economy is more diversified and more attuned to the world market than ever before. Analysts see the Vietnamese economy leading the way in the region by 2020, so top real estate firms are focusing on bringing together buyers, sellers, renters, developers, and investors.
One of the key methods for marketing in the industry is to have a strong online presence. Potential buyers and sellers can search and browse a list of attractive properties, while investors can look closely at opportunities and keep up with the latest real estate news.
Individuals from around the globe are using these newly established portals to find a home, an apartment, a condominium, or a development opportunity, gathering as much information as possible before making any decisions.
Buy, Sell, Rent
For example, if you are looking to purchase property in a specific part of the country, you can browse the available locations, get a short list of the key features, and see photos of the interior. There are dozens of townhouses, condominiums and single-family homes on the list, ranging from two-bedroom and three-bedroom units to homes with four or five bedrooms.
Those who want to sell a property simply have to establish an account, fill in a basic form, and put the process in motion. A commercial section allows businesses and investors to search in detail for office space, business property to lease, or business property to purchase.
If you are an investor or a representative of a company seeking to do business in Vietnam, there are excellent news sections on many of the top real estate sites. As one example, you can read about recent conferences and industry gatherings at which professionals discuss the growing strength of the real estate market.
In the Door
Professional observations show that this industry will continue to grow in the near future, with a healthy return possible for at least the next two years. If you find a tip or property lead that interests you, contacting an agent is just as easy as going to a page that lists dozens of firms, the number and type of properties they have available, and accurate contact information.
Whether you are searching for a commercial property in Ho Chi Minh City or looking for a retirement home at a country club resort, you would be wise to use one of these full-service real estate portals to get your journey started.