Could you share the reasons why you chose to invest in Swisstouches La Luna Resort? As the first reason, I realised that the rapid tourism development in Nha Trang has been leading to a climb in relaxation properties, particularly condotels. According to the statistics of the Khanh Hoa Department of Tourism, by 2020 the luxury property segment will be short of approximately 20 thousand room keys to meet demand. During peak seasons, the occupancy rate at 5-star hotels in Nha Trang will reach over 90 per cent. La Quang Binh, chairman of Marina Hotel JSC At the same time, Nha Trang’s and the domestic property market will witness a boom in the coming time. As far as I know, the value of relaxation property in China’s Hainan Island is now $15-25,000 per square metre, while it is $7,000 per square meter in Thailand. At the moment, real estate prices in Nha Trang are still low. Therefore, I chose Nha Trang as the starting point for my property investment roadmap. What makes you believe in the success of the project? Swisstouches La Luna Resort is strategically located in the heart of Nha Trang’s northern development area, along the “gold” routes—Tran Phu… Read full this story
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