Major domestic and foreign real estate investment in Cam Ranh has turned this place into a new hot spot in the real estate market of Khanh Hoa in the past few years.
Destination of big investors
Previously, when referring to real estate of Khanh Hoa, investors mainly think of Nha Trang market. However, with the land fund is becoming narrower and cramped, Khanh Hoa authorities have decided to demolish and adjust a series of high-rise projects of Cam Ranh real estate for sale.
Facing this situation, many real estate developers have decided to shift the construction of resort projects to Cam Ranh area, because this land possesses great potential for tourism development. Besides, it is also oriented to become another tourism center of Khanh Hoa.
Recently, the Department of Planning and Investment of Khanh Hoa province has announced that, about 40 investment of Cam Ranh real estate have been granted certificates of investment registration. Among them, 26 projects have been licensed and started the construction. Most of these projects are resorts, resort complexes, tourism complexes of 4 to 5 stars, which is very convenient for investors to buy real estate in Cam Ranh.
Typically, there are many valuable projects, which are under development or in operation, such as Vinpearl Bai Dai Resort (vingroup), Fusion Maia Nha Trang Resort (Tai Thanh Cong Co.), 5-stars hotel Hyatt Regency Cam Ranh Bay Resort & Spa of Park Hyatt Hotel, Golden Bay project, which is invested by Hung Thinh Company, Cam Ranh Northern Cam Ranh tourism and services complex of Hoan Cau Company, etc. The vibrant development of Cam Ranh real estate has attracted many international management units such as Accor, Carlson Residor, Mövenpick, etc.
Cam Ranh’s charm
Cam Ranh has very favorable natural conditions with 22km beautiful coastline and attractions, such as Binh Ba Island, Cam Ranh Bay, Binh Lap Island, Bai Dai, etc. They also brings wild beauty to the hearts of visitors with the mountains and clear blue water, along with gentle white sand.
In addition to the natural advantages available, the potential of Cam Ranh real estate for sale is also growing rapidly as a result of the development orientation of the Government.
In 2003, the North of Cam Ranh peninsula has been approved by the Prime Minister to be a high-quality tourist destination with many air transportation services and trading centers, high-end conference center with international standards.
In addition, the infrastructure in Cam Ranh is also focused so much on the development. The upgrading of Cam Ranh airport in the first phase with the investment of more than 3,000 billions Vietnam Dong will improve the quality and capacity of serving passengers, up to 4 stars standards. This will ensure the operation capacity of 2.5 million customers per year.
The road system from Nguyen Tat Thanh towards Bai Dai has been expanded and spread with many lanes, making the transportation more convenient. Along with the high-class resorts being deployed, the area from Cam Ranh Airport along Nguyen Tat Thanh Avenue is changing day by day, unlike the soaring wildly sandy land as a few years ago.
Cam Ranh Resort – The promise land for investors
In 2017, Cam Ranh real estate has been truly awaken with more than 40 licensed projects.
Moreover, the road directly to Bai Dai beach has been sprayed awith modern plastic, and the international airport is being expanded three times to serve tourists.
In May 2017, Vinpearl Bai Dai was officially put into operation, with about 900 tourists per day, 27,000 guests a month, and occupancy the rates of 100% until the end of September. This project also helps motivating other owners to continue exploiting Cam Ranh real estate market.
Owing to the favorable natural factors, beautiful landscapes, Cam Ranh is still a golden land for investors. This factor opens opportunities to attract tourists to Khanh Hoa, promoting the development of tourism in particular, and the socio-economic development in general. This is also an important basis for investors to assess the potential and demand of real estate market in Khanh Hoa.
Thang Tran – mogi.vn
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