Factors that help Hoi An become a new destination for real estate capital flows

Da Nang-Hoi An has become an important link in the chain of tourism, economic and resort urban areas of Da Nang after the merger, contributing to attracting investment and promoting the value of real estate in the area.

In the first half of the year, Da Nang real estate witnessed growth in liquidity and land prices. Bach Dang Street along the Han River, from the intersection of Le Duan and Nguyen Van Linh, had the highest price of nearly 341 million VND per square meter. Da Nang's orientation to become an international financial center has further promoted the real estate market in the area.

Meanwhile, although Hoi An is only about 30 minutes away from the center of Da Nang, the price of coastal land on Lac Long Quan Street is still maintained at 40-60 million VND per square meter, according to data from the Batdongsan website. This price is nearly half lower than that of coastal districts in the south of Da Nang such as Ngu Hanh Son or Hoa Xuan.

After the merger, Hoi An is transforming itself into an important link in the Da Nang tourism - economic - resort urban chain and directly connecting with Da Nang through key infrastructure routes such as Lac Long Quan - Vo Nguyen Giap, Nguyen Duy Hieu bridge, and Co Co riverside route.

Many investors believe that Hoi An is attractive not only because the price is still low compared to Da Nang, but also because of the stable cash flow from international tourism, F&B business and second home demand. The supply of riverside and coastal land with long-term legal status is increasingly scarce, further increasing the value of real estate here.

According to the investor of The An Heritage project, Hoi An has a stable customer base including long-term tenants for homestay - boutique hotels, businesses looking for business premises, retirees or long-term residents. In addition, with the land fund shrinking, especially riverside and coastal land with long-term ownership, new supply in Hoi An is increasingly scarce, especially products that integrate operational, resort and urban elements.

In this context, The An Heritage resort urban project on the coastal route of Lac Long Quan is becoming a bright spot. The project is located right on the connecting axis of Da Nang - Hoi An - An Bang beach - Co Co river - old town.

The An Heritage has long-term ownership, well-planned according to the integrated resort urban model. From the project, residents travel about 10 minutes across Nguyen Duy Hieu bridge to the old town. This area is considered a new connection point, expanding the center to the East of Hoi An.

With modern planning, focusing on preserving local values, The An Heritage targets customers who want to own multi-purpose real estate: resort, investment, long-term residence. According to the investor, when the price level of Hoi An is adjusted to approach Da Nang, the real estate value here promises to increase steadily in both directions: capital gain and cash flow exploitation.