Second Home Ho Tram: Three Important Factors When Deciding to Invest

Forms of investing in real estate are increasingly diversified, bringing high profits for investors. Investments in luxury resort real estate projects, resort villas, condotels – so-called Second Homes – are attracting interest from investors. The sea villas, condotels, Second Home Ho Tram are some of the HOT investment destinations today. Apart from having enough financial capacity, investors need to pay attention to some of the following key factors to make the most effective investment decision.

Second Home Ho Tram is one of the hottest investment spots today.

1. What is a second home?

The term “Second Home” first appeared in France in the 1960s, then developed and spread in the US and around the world. This real estate investment trend has widely developed in Southeast Asia since the 2000s. When entering Vietnam, it became a hot investment, attracting many investors not only for the profits it brings but also as a place to relax, enjoy and express oneself.

The Vietnamese people’s living standards have increasingly improved; the needs to enjoy and express themselves also increase. The choice of resort space and travel is always the top priority factor. In addition to the “main houses” which are for their everyday lives, convenient to work travel, investors and visitors with suitable financial capacity often own apartments and villas located in the suburbs, which are for themselves and their families spend their time on weekends. Such enjoyment spaces are collectively referred to as the Second Home.

Second Home Ho Tram - a family getaway and a profitable investment

Second Homes in Vietnam are often seen as investments in real estate projects, with the purpose of boosting tourism by constructing resorts, condotels, penthouses, and villas in suburbs or coastal areas. Owners can use them regularly or lease them to tourists. In the latter case, the buildings will be managed and operated by a professional management and leasing company, which bring profits to the owner and avoid waste.

2. Three Important Factors When Deciding to Invest in Second Home Ho Tram

Spending weekends in a place close to nature, with a pleasant climate, waves and fresh breezes every morning is what everyone wishes for, especially staying in resorts, villas in Ho Tram, Vung Tau Province. Thus, investment in the resort sector promises safe and stable profitability for investors. However, to choose an “on-the-way-up” project with high profitability and liquidity in the Ho Tram area, it is crucial to consider the following factors:

Three Important Factors to be Considered When Deciding to Invest

2.1 Road infrastructure and access to bordering provinces

The majority of resort projects are usually located in areas that have not yet developed well in tourism but have high development potential. The location and infrastructure of the project are some of the decisive factors for profitability and the ability to increase real estate product value.
For Ho Tram's second home resorts, tourists are the main source of income. Therefore, the selection of locations with connectivity between regions will determine the number of visitors, revenue and profitability for this investment package.
Ho Tram beach, just less than 2 hours from Ho Chi Minh City by car, is the sea that still retains the pristine, natural beauty and is the closest beach to Ho Chi Minh City. Therefore, this is a place with strong potential for tourism and rental in the coming time. What's more, the infrastructure of the area has also been upgraded, and the routes to Ho Tram have been renovated and newly built.

It takes only 2 hours to go to Ho Tram from HCMC

Also, Long Thanh International Airport (about 50km from Ho Tram) is one of the projects that increases the value of the real estate in Vietnam’s southeast region. The airport is expected to come into operation by 2025, with a capacity of up to 100 million passengers annually. High-end resorts in Ho Tram will become an easy-access destination and reach more domestic and international tourists.

>>> Ho Tram: Beautiful Resorts just 2h Driving from HCMC

Long Thanh International Airport

Besides, Long Thanh International Airport - Ho Tram tourism also welcomes tourists from the Western provinces, who can move along the Ben Luc - Long Thanh expressway (57.8km long, expected to be completed by 2023).

Ben Luc - Long Thanh expressway expected to be completed by 2023).

Focusing on the development of transport infrastructure helps the investment value and liquidity of the property increase continuously. This brings investors not only a place to rest their minds and enjoy life but also gives them tangible assets. Thus, infrastructure and development potential assessments are extremely important.

2.2 Choosing a trustworthy developer

Many real estate projects offer extremely attractive prices, utilities, and commitments to lure investors into pouring their money in. But then, for many different reasons, projects announced to stop construction indefinitely; even projects that have been delayed for more than 10 years yet have not been finished. At that time, getting money back is almost impossible, and money losses are inevitable for the money givers.

The selection of the investor is also an important factor. It is necessary to evaluate the financial ability and the prestige level through the investor's previous projects. It does not take too long to find out information such as the origin, handover schedule, previous work quality.

 
Use tried and trusted method for developer selection

There are many reputable developers in Ho Tram such as Novaland Group, Hung Thinh Corp, Ho Tram Project Company Limited.
Ho Tram Project Company Limited is a company with 100% foreign capital. The company was established based on the cooperation between the prestigious and largest investment fund in the World Warburg Pincus and VinaCapital, with capital fetching USD1.4 billion. With such a magnificent financial background, Ho Tram Project Company Limited is also one of the prestigious developers in Ho Tram.

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2.3 Project’s legality

In addition to the two issues mentioned above, legality is an equally important part. The project has high profitability and reputable investors. But if it is of questionable legalities, it means high risks to investors.
Legal procedures have always been tightly controlled by the government. Problems such as delays in issuing house ownership certificates or lack of legal documents will affect the business plan of investors, and more seriously, the liquidity of the property. Thus, properties with fully issued legal papers have become scarce.

The legality of house ownership ensures safety for the investment package.

Therefore, in addition to profitability, which is considered a prerequisite requirement, real estate investors need to know the legality of the property. Resort real estate in Ho Tram is one of the projects to help investors have a safe and thriving investment opportunity.
Be a wise investor, and choose the best investment opportunities. Call us at 0904 667 858 today to get more information.

For your reference: Promising real estate projects