Factors driving the real estate market in Quy Nhon

Binh Dinh - Land availability, infrastructure, and open policies are making Quy Nhon one of the coastal cities attracting a wave of real estate investment.

According to representatives from Realty Holdings, the developer of the Quy Nhơn Iconic project, the real estate market is still on a recovery trajectory with many positive signs due to support policies from the Government and local authorities, along with new supply from a series of ongoing projects. Coastal cities in Central Vietnam are seen as areas with significant growth potential, providing opportunities for investors.

Motivations for the Coastal City

As one of the most popular tourist destinations in Central Vietnam, Quy Nhơn boasts a vast pool of clean land. Urban supply is expanding into suburban areas to the north, such as Phước Thuận and Tuy Phước along the Hà Thanh River, suitable for urban and service development.

Additionally, with increasingly complete transportation infrastructure, residents can conveniently connect to the center and nearby industrial zones. According to Bình Định's electronic information portal, the goal for the urban system in Bình Định by 2035 is to have 18 urban areas, with the urbanization rate of the entire province exceeding 76%. This is a positive sign, providing a leverage for the real estate market.

By 2025, Bình Định's economy is expected to continue strong growth, with GDP reaching 7.76%. The PCI index is expected to reach 66.65 points, ranking third in the region, indicating an attractive investment environment. Moreover, the province is also promoting technology development, aiming to become a regional "tech hub," contributing to attracting quality labor and boosting the digital economy.

Quy Nhơn Iconic aims to become a model urban area, contributing to enhancing the landscape. Photo: Realty Holdings

Opportunities for Increasing Investment Value

In investment, price level is one of the key pillars determining profit for investors. According to Realty Holdings, the appeal of Quy Nhơn lies not only in factors such as infrastructure, policies, land availability, economy, or urbanization but also in the average price of projects here.

According to batdongsan.com.vn, Quy Nhơn is assessed as a "potential real estate market" due to its relatively low price compared to other coastal cities. This indicates that the potential for price appreciation in Quy Nhơn real estate is still significant as infrastructure and urbanization continue to promote in the coming time.

Riverside villas, shophouses, and land lots are real estate products worth considering when choosing an investment channel in Quy Nhơn. Photo: Realty Holdings

Quy Nhon Iconic is one of the exemplary projects aimed at becoming a model urban area in the region. The project's launch price starts at just 25 million VND per square meter for traditional land lots, townhouses, shophouses, and riverside villas. It is also one of the rare projects within a 10 km radius from the city center that has separate ownership certificates, completed legal documentation, and planned amenities.

The developer and project management team also offer various flexible payment policies for customers, such as requiring only a 10% deposit until receiving the land use rights certificate (sổ đỏ). Banking partners support loans of up to 70% and provide a 5% advance before signing contracts. Depending on individual needs, the developer can also adjust support policies, such as offering a 12% discount for those who pay 95% upfront, a 3% discount for 5% installment payments, or a 24-month payment plan starting from just 2% per installment, which helps alleviate financial pressure.

With these advantageous factors, Quy Nhon Iconic is expected by the developer to become a model urban area not only in terms of lifestyle but also as an investment opportunity with sustainable profit potential.

Song Anh