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Da Nang is Vietnam’s third largest city and is centrally located near the coastal areas and is known to be the "Tourist Capital" of Central Vietnam, Da Nang is a perfect city to live in or visit on Holiday. Some of the must-see tourist attractions include the dramatic Marble Mountains, the archaeological site of My Son, the mystical Dragon River Bridge, the Da Nang Museum of Cham Sculpture, the fifth military division museum, which has on display relics from the Vietnam War. A visit to the inland of Bà Nà hills, hillside of Hải Vân Pass, and a view of the Da Nang Bay should also make it on to your itinerary.
Below are the four most popular categories of villas that investors tend to purchase in Da Nang.
Sea View Villas - A place you can call home with private beach access- Da Nang has many beautiful sea-facing villas; most of them are concentrated in the district of the Non-Nuoc Beach. Other popular locations for beachfront villas include the districts of Ngu Hanh Son, Hoa Hai Ward, and Truong Sa Street.
Luxury Villas - Lavish 3 bedroom and 3 bathroom villas spread across an area of approximately 290 square meters are available for sale in the upmarket residential areas of Da Nang. The selling prices for these villas start at around ₫7,500,000,000 where a square meter of land costs around ₫25,951,557.
Freehold Villas - With an ownership structure that is "freehold from any third party ", you have full ownership of the villa and the land for perpetuity. Buying a freehold villa will give you a flexibility of using the land for any purpose that is in accordance with Da Nang's local regulations. You can even find a few good 3-BHK freehold villas with a private pool, garden, sun-tanning deck, and more.
Investment Villas - Choosing a villa in your preferred location gives you the luxury to design your home as you wish. Most importantly, one of the main reasons to buy an investment villa is because land prices are increasing. Da Nang has several such investments villas introduced by some of the best real estate developers in the districts of Hai Chau and Son Tra. Prices are also affordable starting as low as ₫12,564,846 for one square meter of land.
The famous River Han divides the city of Da Nang into two. One is the Eastern side and the other is the Western Side.
Western Da Nang - The Western part of Da Nang is a busy commercial area. You will find a variety of shops, cafes, and diners in this area. You will also find centrally located properties including many compact villas, luxury villas, and a few sea view villas situated close to the Han River and nearby beaches.
Eastern Da Nang - This is the most scenic parts of Da Nang. You are sure to enjoy the beautiful beaches and the relaxed lifestyle here. And as such, you will find numerous beach villas within this region. Furthermore, areas in the Eastern zone are more culturally rooted than the West. Land price is relatively lower in the East than the Western parts of Da Nang.
The most popular districts in Da Nang include:
Hai Chau - It is the district with the most number of wards and the highest population. It is the cultural, administrative, and commercial hub of Da Nang. Land prices are very high here.
Son Tra - It is the second most populated district in Da Nang. Surrounded by water on three sides, Son Tra (Monkey) Mountain is a breath-taking national park that stands 693 meters above sea level.
Thanh Khe - It is the third most populated urban district of Da Nang. Many prefer to buy or rent properties here as land and rentals are cheaper within this district.
The lifestyle of Da Nang is more relaxed and culturally oriented. Known for its peace and quietness, Da Nang is a well-organized city. The locals here are simple, friendly and hospitable. However, at times you might find the people here to be rustic and straight forward but honest. The cost of living in Da Nang is relatively cheaper and more affordable when compared to the other cities of Vietnam. Da Nang is worth every bit of your time and a great place to live in and explore.
Holiday Destination - Being a centrally coastal city, Da Nang is one of the most visited holiday destinations in Vietnam. With a history dating back to the French colonial establishment and with cool sandy beaches, Da Nang attracts millions of tourists every year. This year Da Nang will target in welcoming more than 8 million visitors and this will have a huge benefit for job opportunities.
Low Land Prices - Land in Da Nang costs significantly lower than in any other Vietnamese city. Be it high-end properties or small comfortable villas, you can find a listing that will meet your requirement.
Good Connectivity - Locally, you can get around the city by means of road, rail, or water transport. Da Nang also has good air connectivity and has direct flights to and from Singapore, Bangkok, Doha, and Hong Kong. This helps greatly to attract tourists, expats, and entrepreneurs to the City.
Developed City-Da Nang is one of the most developed cities in Vietnam. With well-connected roads, traffic not as busy as in Hanoi or Ho Chi Minh City and with less air pollution makes it a preferred location for both tourists and residents.
Varied Offerings - The City is not all about beaches and shrines. You will find several high-end casinos and fabulous green golf courses that will interest Westerners and Asians alike.
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