Investors seek “promised land” as Vinh becomes a coastal city

Việt NamViệt Nam03/08/2023

According to experts, Nghe An in general and Vinh City in particular are in the initial stages of developing the tourism real estate market. This is also an opportunity for investors to grasp the potential of the new land.

Vinh - "city of light" leading the way for investment

According to the latest information, Nghe An province has approved the draft project to expand Vinh city with the plan to merge the entire Cua Lo town and 4 communes of Nghi Loc district. After the expansion, Vinh city will become a coastal city, with all the conditions to become one of the growth engines of the province and the Central region. In particular, the concretization of the idea of ​​building Vinh into a "city of light at night" is being gradually implemented. The above plan has been approved by the Standing Committee of the Provincial Party Committee and the Provincial Party Committee and is on the preparation roadmap according to regulations to submit to the Standing Committee of the National Assembly for consideration, expected in the first quarter of 2024.

Investors seek “promised land” as Vinh becomes a coastal city

Vinh City is gradually becoming the economic and cultural center of the North Central region.

In addition, the strong development of infrastructure is also a driving force to help the tourism real estate market in Nghe An in general, Vinh City in particular, become a magnet attracting investors across the country. Notably, the Dien Chau - Bai Vot expressway (part of the North - South expressway project) started construction in 2021, passing through the two provinces of Nghe An (44.4km) and Ha Tinh (4.9km), expected to open to traffic in 2024.

With stable economic potential, synchronous and modern traffic infrastructure, many investors evaluate Nghe An tourism real estate in general and Vinh city as a new investment "lowland" with much room for breakthrough development in the near future.

High-class products "light up" investment potential

The market in the North Central region has recorded that investors tend to look for shophouse products in complex urban areas with central locations to plan their business. Projects that meet the above criteria all have a fairly high consumption rate because they optimize investors' expectations of potential profits from business and price increases. Above all, the pioneering luxury product fund is becoming more and more "precious - rare".

Investors seek “promised land” as Vinh becomes a coastal city

Vincom Shophouse Diamond Legacy - rare branded real estate in the center of Vinh city

Therefore, since its launch, Vincom Shophouse Diamond Legacy has attracted attention thanks to its trendy living - entertainment - recreation standards. The Vincom Shophouse Diamond Legacy complex is systematically planned to include a luxury apartment building, a 5-star hotel tower combined with a classy Vincom Trade Center and a bustling commercial townhouse complex appearing for the first time in Vinh.

The project owns a location in the “center of the center” with a system of international standard utilities, promising to become the “top” destination when coming to Vinh city. The presence of Vincom Shophouse Diamond Legacy has been creating a new wave of investment not only locally but also attracting investors nationwide.

Investors seek “promised land” as Vinh becomes a coastal city

Vincom Shophouse Diamond Legacy has a prime location on the frontage of Quang Trung and Hong Bang streets.

Vincom Shophouse Diamond Legacy has basically completed the construction and is continuing to be landscaped, ready to go into operation. Many experts say that the shophouses here have the advantage of generating a profit stream from renting or doing business directly in the center.

Explaining the appeal of the shophouse product here, the investor representative said: “The commercial townhouses at Vincom Shophouse Diamond Legacy promise to serve a large number of residents in the area and domestic and foreign tourists. With a multi-functional structure, investors can completely combine business, living and renting to earn attractive double profits..”

With a large population and growing tourism potential while the “golden” land fund is gradually decreasing, 20 commercial townhouses with prime locations are ready for handover at Vincom Shophouse Diamond Legacy, considered a “diamond” attracting local and nationwide investors.

PV


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